North Carolina SBA Loan Data
38,028 loans totaling $16.1B across all SBA programs.
Total Loans
38,028
1991–2025
Total Volume
$16.1B
Gross approval amount
Avg Loan Size
$424K
Median: $150K
Avg Interest Rate
7.57%
Default rate: 11.8%
North Carolina Loan Status
Active19.6%
Paid in Full56.2%
Charged Off10.2%
Cancelled12.1%
Committed1.4%
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North Carolina Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in North Carolina
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| Live Oak Banking Company | 1,042 | $1.4B | $1.3M | 6.99% | 0.5% |
| Truist Bank | 3,587 | $947.6M | $264K | 6.14% | 8.0% |
| Wells Fargo Bank National Association | 3,542 | $870.9M | $246K | 8.52% | 9.2% |
| First National Bank of Pennsylvania | 1,115 | $673.7M | $604K | 6.21% | 10.4% |
| Pinnacle Bank | 564 | $478.8M | $849K | 6.79% | 3.9% |
| GBank | 168 | $458.9M | $2.7M | 7.21% | 1.2% |
| Readycap Lending, LLC | 928 | $448.8M | $484K | 10.56% | 22.9% |
| United Community Bank | 501 | $350.1M | $699K | 6.74% | 5.6% |
| PNC Bank, National Association | 1,289 | $326.2M | $253K | 6.97% | 13.6% |
| First Bank | 572 | $310.8M | $543K | 7.12% | 9.1% |
| First-Citizens Bank & Trust Company | 819 | $289.1M | $353K | 6.47% | 8.9% |
| Dogwood State Bank | 331 | $279.6M | $845K | 7.44% | 2.5% |
| First Financial Bank | 265 | $249.1M | $940K | 6.76% | 0.0% |
| First Community Bank | 930 | $238.4M | $256K | 6.24% | 5.4% |
| Bank of America, National Association | 2,526 | $226.9M | $90K | 7.44% | 22.4% |
| First Horizon Bank | 912 | $222.3M | $244K | 6.06% | 11.0% |
| HomeTrust Bank | 175 | $192.1M | $1.1M | 7.47% | 3.1% |
| Citizens Bank | 180 | $187.5M | $1.0M | 7.42% | 1.3% |
| Celtic Bank Corporation | 494 | $186.9M | $378K | 7.41% | 11.1% |
| Newtek Small Business Finance, Inc. | 299 | $186.2M | $623K | 7.31% | 8.0% |
| The Huntington National Bank | 431 | $169.5M | $393K | 9.76% | 3.4% |
| TD Bank, National Association | 437 | $166.0M | $380K | 8.82% | 8.0% |
| SouthState Bank, National Association | 236 | $140.0M | $593K | 8.23% | 1.4% |
| Bank of Oak Ridge | 162 | $136.7M | $844K | 8.74% | 2.2% |
| Fifth Third Bank | 428 | $136.2M | $318K | 6.73% | 8.4% |
Top Counties in North Carolina
| County | Loans | Volume▼ |
|---|---|---|
| Mecklenburg → | 6,643 | $2.9B |
| Wake → | 5,605 | $2.2B |
| Guilford → | 1,973 | $866.2M |
| New Hanover → | 1,417 | $592.1M |
| Buncombe → | 1,391 | $560.9M |
| Durham → | 1,207 | $525.7M |
| Forsyth → | 1,298 | $517.7M |
| Union → | 911 | $431.9M |
| Iredell → | 827 | $416.0M |
| Cumberland → | 945 | $372.5M |
| Cabarrus → | 804 | $359.7M |
| Catawba → | 641 | $279.8M |
| Gaston → | 678 | $266.0M |
| Pitt → | 640 | $244.6M |
| Alamance → | 461 | $239.7M |
| Surry → | 829 | $201.6M |
| Orange → | 502 | $200.2M |
| Onslow → | 480 | $198.5M |
| Johnston → | 459 | $186.0M |
| Brunswick → | 367 | $180.7M |
| Moore → | 283 | $164.1M |
| Henderson → | 384 | $158.8M |
| Nash → | 278 | $144.0M |
| Rowan → | 324 | $141.6M |
| Davidson → | 278 | $136.0M |
Showing 1–25 of 30
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