North Carolina SBA Loan Data
38,028 loans totaling $16.1B across all SBA programs.
Total Loans
38,028
1992–2025
Total Volume
$16.1B
Gross approval amount
Avg Loan Size
$424K
Median: $150K
Avg Interest Rate
7.57%
Default rate: 11.8%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in North Carolina
| Mecklenburg → | 6,643 | $2.9B | $430K |
| Wake → | 5,605 | $2.2B | $397K |
| Guilford → | 1,973 | $866.2M | $439K |
| New Hanover → | 1,417 | $592.1M | $418K |
| Buncombe → | 1,391 | $560.9M | $403K |
| Durham → | 1,207 | $525.7M | $436K |
| Forsyth → | 1,298 | $517.7M | $399K |
| Union → | 911 | $431.9M | $474K |
| Iredell → | 827 | $416.0M | $503K |
| Cumberland → | 945 | $372.5M | $394K |
| Cabarrus → | 804 | $359.7M | $447K |
| Catawba → | 641 | $279.8M | $437K |
| Gaston → | 678 | $266.0M | $392K |
| Pitt → | 640 | $244.6M | $382K |
| Alamance → | 461 | $239.7M | $520K |
| Surry → | 829 | $201.6M | $243K |
| Orange → | 502 | $200.2M | $399K |
| Onslow → | 480 | $198.5M | $413K |
| Johnston → | 459 | $186.0M | $405K |
| Brunswick → | 367 | $180.7M | $492K |
| Moore → | 283 | $164.1M | $580K |
| Henderson → | 384 | $158.8M | $414K |
| Nash → | 278 | $144.0M | $518K |
| Rowan → | 324 | $141.6M | $437K |
| Davidson → | 278 | $136.0M | $489K |
Showing 1–25 of 101
North Carolina Loan Status
North Carolina Loan Status showing Active: 19.6%, Paid in Full: 56.2%, Charged Off: 10.2%, Cancelled: 12.5%, Committed: 1.4%
Active19.6%
Paid in Full56.2%
Charged Off10.2%
Cancelled12.5%
Committed1.4%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
North Carolina Annual Lending Volume
North Carolina Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in North Carolina
| Live Oak Banking Company | 1,057 | $1.4B | $1.3M | 6.99% | 0.5% |
| Truist Bank | 3,729 | $1.1B | $283K | 6.14% | 7.8% |
| Wells Fargo Bank National Association | 3,564 | $890.3M | $250K | 8.52% | 9.2% |
| First National Bank of Pennsylvania | 1,181 | $729.5M | $618K | 6.21% | 10.1% |
| Pinnacle Bank | 594 | $505.4M | $851K | 6.79% | 3.7% |
| GBank | 168 | $458.9M | $2.7M | 7.21% | 1.2% |
| Readycap Lending, LLC | 928 | $448.8M | $484K | 10.56% | 22.9% |
| United Community Bank | 524 | $366.4M | $699K | 6.74% | 5.3% |
| PNC Bank, National Association | 1,330 | $347.9M | $262K | 6.97% | 13.2% |
| First Bank | 623 | $343.8M | $552K | 7.12% | 8.7% |
| First-Citizens Bank & Trust Company | 932 | $339.9M | $365K | 6.47% | 7.8% |
| Dogwood State Bank | 353 | $304.2M | $862K | 7.44% | 2.4% |
| First Horizon Bank | 960 | $252.9M | $263K | 6.06% | 10.6% |
| Bank of America, National Association | 2,573 | $249.8M | $97K | 7.44% | 22.0% |
| First Financial Bank | 265 | $249.1M | $940K | 6.76% | 0.0% |
| First Community Bank | 932 | $239.5M | $257K | 6.24% | 5.4% |
| The Fidelity Bank | 429 | $215.6M | $502K | 8.58% | 4.3% |
| Celtic Bank Corporation | 500 | $204.1M | $408K | 7.41% | 11.1% |
| HomeTrust Bank | 191 | $200.0M | $1.0M | 7.47% | 2.9% |
| Newtek Small Business Finance, Inc. | 301 | $190.9M | $634K | 7.31% | 7.9% |
| Citizens Bank | 181 | $189.0M | $1.0M | 7.42% | 1.3% |
| TD Bank, National Association | 451 | $180.9M | $401K | 8.82% | 7.7% |
| The Huntington National Bank | 433 | $170.8M | $394K | 9.76% | 3.4% |
| SouthState Bank, National Association | 257 | $154.5M | $601K | 8.23% | 1.2% |
| Fifth Third Bank | 436 | $145.7M | $334K | 6.73% | 8.3% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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