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55 active SBA 7(a) lenders in North Carolina, ranked by loan volume.
Lenders
in North Carolina
Total Volume
Median Rate
Median Loan Size
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | Live Oak Bank | 35 | $56.3M | P+1.50% | 0.8% |
| 2 | GBank | 18 | $58.0M | P+1.00% | 0.6% |
| 3 | First Bank | 16 | $23.4M | P+2.75% | 2.9% |
| 4 | The Fidelity Bank | 15 | $20.4M | P+2.25% | 1.3% |
| 5 | The Huntington National Bank | 12 | $22.2M | P+2.25% | 1.5% |
| 6 | Dogwood State Bank | 8 | $14.9M | P+2.75% | 1.3% |
| 7 | SouthState Bank, National Association | 7 | $3.6M | P+2.75% | 1.0% |
| 8 | TowneBank | 7 | $13.3M | P+2.75% | 0.4% |
| 9 | First Financial Bank | 4 | $16.2M | P+1.63% | 1.0% |
| 10 | Truliant FCU | 6 | $5.5M | P+2.75% | 0.0% |
| 11 | United Community Bank | 6 | $11.6M | P+2.00% | 1.5% |
| 12 | Mountain Bizcapital, Inc. | 5 | $1.8M | P+0.00% | 0.0% |
| 13 | Newtek Bank, National Association | 5 | $15.0M | P+3.00% | 0.0% |
| 14 | First Bank of the Lake | 5 | $2.1M | P+2.50% | 0.7% |
| 15 | Pathward National Association | 5 | $16.9M | P+2.25% | 9.8% |
| 16 | Bank of Oak Ridge | 5 | $4.6M | P+2.20% | 0.0% |
| 17 | The Bancorp Bank National Association | 4 | $3.7M | P+1.00% | 0.6% |
| 18 | Celtic Bank Corporation | 4 | $6.0M | P+2.50% | 1.0% |
| 19 | United Midwest Savings Bank, National Association | 4 | $4.6M | P+2.75% | 0.2% |
| 20 | Mechanics and Farmers Bank | 4 | $1.0M | P+3.00% | 0.0% |
| 21 | Pinnacle Bank | 4 | $5.1M | P+2.25% | 1.9% |
| 22 | United FCU | 4 | $15.7M | P+2.50% | 0.0% |
| 23 | Brookline Bank | 3 | $10.0M | P+2.25% | 0.8% |
| 24 | Citizens Bank | 3 | $1.8M | P+2.75% | 3.8% |
| 25 | HomeTrust Bank | 3 | $3.6M | P+2.25% | 3.7% |
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Customize your search →North Carolina has 55 active SBA 7(a) acquisition lenders that have originated a combined 239 loans totaling $412.4M in volume. The median acquisition loan size in North Carolina is $1210K, with a median interest rate of Prime + 2.50% (Prime + spread).
When evaluating SBA lenders in North Carolina, consider loan volume (a proxy for experience), interest rates, and historical default rates. Lenders designated as PLP (Preferred Lender Program) have delegated authority from the SBA to approve loans, which typically results in faster processing times.
There are currently 55 active SBA 7(a) lenders in North Carolina based on FOIA lending data. These lenders have originated 239 acquisition loans.
The median SBA 7(a) acquisition loan rate in North Carolina is Prime + 2.50% (current Prime rate: 6.75%). Rates are typically expressed as Prime plus a spread, with the SBA capping the spread at 3.0% for loans over $250,000.
A PLP (Preferred Lender Program) lender has been granted delegated authority by the SBA to make credit decisions without prior SBA review. This typically means faster loan processing and approval timelines.
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected dimension. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates. Data is refreshed periodically and may not reflect the most recent lending activity.