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Full-service commercial bank offering checking, savings, lending, credit cards, wealth management, business banking, and treasury services. Founded in 1908, it is the second oldest minority-owned bank in the United States and the only North Carolina bank with CDFI designation. Locally led and not controlled by major institutions.
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SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of December 31, 2025
Median
$430K
Average
$714K
Sweet Spot
$0-$500K
Industries with highest loan volume
Insurance Agencies and Brokerages
3
loans
$996K
avg. amount
Insurance Agencies and Brokerages
Loans
3
Avg. Amount
$996K
Limited-Service Restaurants
2
loans
$330K
avg. amount
Limited-Service Restaurants
Loans
2
Avg. Amount
$330K
General Automotive Repair
2
loans
$387K
avg. amount
General Automotive Repair
Loans
2
Avg. Amount
$387K
Snack and Nonalcoholic Beverage Bars
1
loans
$339K
avg. amount
Snack and Nonalcoholic Beverage Bars
Loans
1
Avg. Amount
$339K
Fine Arts Schools
1
loans
$204K
avg. amount
Fine Arts Schools
Loans
1
Avg. Amount
$204K
Baked Goods Retailers
1
loans
$353K
avg. amount
Baked Goods Retailers
Loans
1
Avg. Amount
$353K
Pet Care (except Veterinary) Services
1
loans
$471K
avg. amount
Pet Care (except Veterinary) Services
Loans
1
Avg. Amount
$471K
All Other Support Services
1
loans
$734K
avg. amount
All Other Support Services
Loans
1
Avg. Amount
$734K
Furniture Merchant Wholesalers
1
loans
$880K
avg. amount
Furniture Merchant Wholesalers
Loans
1
Avg. Amount
$880K
Other Computer Related Services
1
loans
$1.5M
avg. amount
Other Computer Related Services
Loans
1
Avg. Amount
$1.5M
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.88% |
| $500K-$1M | Prime + 2.67% |
| $1M-$2M | Prime + 2.38% |
| $3M-$4M | Prime + 2.00% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)