North Carolina, a state known for its diverse economic landscape, is a thriving ground for businesses seeking growth opportunities. Small Business Administration (SBA) loans serve as catalysts for local enterprises, and understanding the top lenders in the state is crucial. Here’s an overview of the leading SBA lenders in North Carolina, each bringing unique strengths and opportunities for local businesses:
North Carolina Preferred SBA Lenders
| Rank | Bank | Bank HQ | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | Live Oak | Wilmington, NC | 84 | $1,271,988 | 6.4% |
| 2 | Wells Fargo | Sioux Falls, SD | 78 | $77,615 | 9.8% |
| 3 | The Huntington National Bank | Columbus, OH | 47 | $355,221 | 7.3% |
| 4 | BayFirst National Bank | Saint Petersburg, FL | 36 | $201,656 | 8.6% |
| 5 | United Midwest Savings Bank | De Graff, OH | 34 | $397,824 | 7.1% |
| 6 | Dogwood State Bank | Raleigh, NC | 33 | $1,067,739 | 7.3% |
| 7 | Bank of Oak Ridge | Oak Ridge, NC | 32 | $804,778 | 7.8% |
| 8 | Readycap Lending, LLC | Berkeley Heights, NJ | 32 | $408,725 | 8.0% |
| 9 | Newtek Small Business Finance | Lake Success, NY | 30 | $500,933 | 8.1% |
| 10 | Celtic Bank | Salt Lake City, UT | 27 | $663,085 | 7.3% |
| 11 | Pinnacle Bank | Nashville, TN | 27 | $967,541 | 6.2% |
| 12 | The Fidelity Bank | Fuquay Varina, NC | 25 | $714,340 | 7.4% |
| 13 | HomeTrust Bank | Asheville, NC | 24 | $852,179 | 6.9% |
| 14 | PNC Bank | Wilmington, DE | 23 | $440,496 | 6.6% |
| 15 | First Community Bank | Bluefield, VA | 22 | $316,950 | 6.1% |
| 16 | TD Bank | Wilmington, DE | 21 | $251,652 | 9.5% |
| 17 | First National Bank of Pennsylvania | Greenville, PA | 19 | $1,508,442 | 6.9% |
| 18 | First Bank | Southern Pines, NC | 17 | $564,918 | 8.0% |
| 19 | Bank of George | Las Vegas, NV | 16 | $2,751,794 | 5.8% |
| 20 | Gbank | Las Vegas, NV | 16 | $2,751,794 | 5.8% |
| 21 | United Community Bank | Blairsville, GA | 16 | $712,000 | 7.0% |
| 22 | BancorpSouth Bank | Tupelo, MS | 15 | $362,153 | 7.7% |
| 23 | SouthState Bank | Winter Haven, FL | 15 | $453,427 | 7.4% |
| 24 | Bank of America | Charlotte, NC | 14 | $392,007 | 4.1% |
| 25 | Mountain Bizcapital | Asheville, NC | 14 | $122,121 | 7.9% |
| 26 | Truist Bank | Charlotte, NC | 14 | $786,357 | 5.8% |
| 27 | Citizens Bank | Elizabethton, TN | 12 | $831,608 | 6.5% |
| 28 | U.S. Bank | Cincinnati, OH | 12 | $140,983 | 7.9% |
| 29 | Carolina Small Business Development Fund | Raleigh, NC | 10 | $190,780 | 9.1% |
| 30 | First Financial Bank | El Dorado, AR | 10 | $701,230 | 5.9% |
| 31 | First-Citizens Bank & Trust | Raleigh, NC | 9 | $924,500 | 6.7% |
| 32 | North State Bank | Raleigh, NC | 9 | $454,733 | 7.2% |
| 33 | Byline Bank | Chicago, IL | 7 | $1,376,429 | 7.5% |
| 34 | Customers Bank | Malvern, PA | 7 | $1,978,786 | 6.5% |
| 35 | First Bank of the Lake | Osage Beach, MO | 7 | $924,171 | 7.7% |
| 36 | JPMorgan Chase Bank | Columbus, OH | 7 | $250,000 | 8.1% |
| 37 | CIBC Bank USA | Chicago, IL | 6 | $943,567 | 6.5% |
| 38 | First Internet Bank of Indiana | Fishers, IN | 6 | $1,070,667 | 8.5% |
| 39 | Peoples Bank | Mendenhall, MS | 6 | $3,662,933 | 5.7% |
| 40 | Stearns Bank | Saint Cloud, MN | 6 | $1,020,200 | 7.6% |
1. Live Oak
Live Oak, headquartered in Wilmington, NC, takes the lead in North Carolina’s SBA lending landscape with 84 loans. With a strong local focus, Live Oak provides substantial financing to businesses, averaging $1,271,988, at an attractive interest rate of 6.4%.
2. Wells Fargo
Wells Fargo, based in Sioux Falls, SD, is a prominent player in North Carolina, offering 78 SBA loans. With a national presence, Wells Fargo provides accessible financing with smaller loan amounts, albeit at a higher average interest rate of 9.8%.
3. The Huntington National Bank
Huntington National Bank, headquartered in Columbus, OH, actively contributes to North Carolina’s SBA lending landscape with 47 loans. Striking a balance between loan quantity and size, it caters to businesses with varying financial needs at a competitive interest rate of 7.3%.
4. BayFirst National Bank
BayFirst National Bank, though based in Saint Petersburg, FL, is a reliable option for North Carolina businesses. Offering 36 loans, it provides accessible financing at a moderate interest rate of 8.6%.
5. United Midwest Savings Bank
United Midwest Savings Bank, based in De Graff, OH, extends its services to North Carolina with 34 loans averaging $397,824. Striking a balance between accessibility and loan size, it provides a reliable option for businesses seeking moderate financing at a competitive interest rate of 7.1%.
6. Dogwood State Bank
Dogwood State Bank, headquartered in Raleigh, NC, is a local player making a significant impact with 33 SBA loans. Specializing in substantial financing, it caters to businesses with significant funding needs at a competitive interest rate of 7.3%.
7. Bank of Oak Ridge
Bank of Oak Ridge, located in Oak Ridge, NC, actively contributes to North Carolina’s SBA lending landscape with 32 loans averaging $804,778. Striking a balance between accessibility and substantial funding, it caters to businesses with varying financial needs at a competitive interest rate of 7.8%.
8. Readycap Lending, LLC
Readycap Lending, based in Berkeley Heights, NJ, actively engages in North Carolina’s SBA lending market. Offering 32 loans averaging $408,725, it provides a balanced approach to loan quantity and size with a competitive interest rate of 8.0%.
9. Newtek Small Business Finance
Newtek Small Business Finance, headquartered in Lake Success, NY, actively engages in North Carolina’s business community. With 30 loans averaging $500,933, it provides a reliable option for businesses with substantial financing needs at a competitive interest rate of 8.1%.
10. Celtic Bank
Celtic Bank, headquartered in Salt Lake City, UT, participates in North Carolina’s SBA lending landscape with 27 loans. Specializing in moderate-sized loans, it caters to businesses with varying financial needs at a competitive interest rate of 7.3%.
In conclusion, North Carolina businesses have a diverse array of SBA lending options, ranging from local institutions to nationally recognized banks. Entrepreneurs should carefully consider factors such as the lender’s regional focus, loan quantity, average loan amount, and interest rates to make informed decisions that align with their business objectives. Whether seeking smaller, more accessible loans or substantial financial support, these top SBA lenders offer valuable resources to navigate the dynamic business environment in the Tar Heel State.
Top Industries for SBA loans in North Carolina
| Rank | Industry | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 56 | $2,615,482 | 6.0% |
| 2 | Full-Service Restaurants | 52 | $856,831 | 7.2% |
| 3 | Fitness and Recreational Sports Centers | 41 | $536,107 | 7.1% |
| 4 | Limited-Service Restaurants | 35 | $660,286 | 7.0% |
| 5 | Beauty Salons | 24 | $210,308 | 8.1% |
| 6 | Residential Remodelers | 20 | $363,890 | 7.3% |
| 7 | Snack and Nonalcoholic Beverage Bars | 19 | $478,347 | 7.6% |
| 8 | General Freight Trucking, Local | 17 | $506,476 | 8.8% |
| 9 | Broilers and Other Meat Type | 15 | $1,088,633 | 5.6% |
| 10 | Pet Care (except Veterinary) Services | 14 | $363,636 | 7.8% |
| 11 | All Other Specialty Trade Contractors | 14 | $477,950 | 7.8% |
| 12 | Offices of Chiropractors | 13 | $320,746 | 8.1% |
| 13 | Child Day Care Services | 12 | $1,314,492 | 7.7% |
| 14 | General Freight Trucking, Long Distance, Truckload | 12 | $76,900 | 8.3% |
| 15 | General Automotive Repair | 12 | $514,075 | 6.7% |
| 16 | Plumbing, Heating, and Air-Conditioning Contractors | 11 | $334,936 | 7.2% |
| 17 | Lessors of Miniwarehouses and Self-Storage Units | 11 | $976,591 | 5.4% |
| 18 | Breweries | 10 | $1,056,430 | 7.1% |
| 19 | Drinking Places (Alcoholic Beverages) | 10 | $850,460 | 8.0% |
| 20 | Insurance Agencies and Brokerages | 9 | $709,756 | 8.6% |
| 21 | Home Health Care Services | 9 | $504,611 | 8.5% |
| 22 | Offices of Dentists | 9 | $1,270,333 | 6.2% |
| 23 | Janitorial Services | 8 | $194,588 | 7.2% |
| 24 | Offices of All Other Miscellaneous Health Practitioners | 8 | $538,400 | 8.3% |
| 25 | Offices of Certified Public Accountants | 8 | $379,825 | 7.4% |
| 26 | Landscaping Services | 7 | $679,914 | 6.4% |
| 27 | Mobile Food Services | 7 | $63,200 | 8.9% |
| 28 | New Single-Family Housing Construction (except Operative Builders) | 7 | $134,071 | 9.1% |
| 29 | Other Personal Care Services | 7 | $553,000 | 7.7% |
| 30 | Poured Concrete Foundation and Structure Contractors | 7 | $466,286 | 6.2% |
| 31 | Remediation Services | 7 | $812,914 | 7.4% |
| 32 | Administrative Management and General Management Consulting Services | 6 | $132,500 | 9.6% |
| 33 | Commercial Screen Printing | 6 | $908,733 | 6.7% |
| 34 | All Other Personal Services | 6 | $537,150 | 9.2% |
| 35 | Other Accounting Services | 6 | $502,867 | 6.7% |
| 36 | Veterinary Services | 6 | $803,317 | 5.9% |
| 37 | Wood Kitchen Cabinet and Countertop Manufacturing | 6 | $1,366,383 | 6.7% |
| 38 | Recyclable Material Merchant Wholesalers | 6 | $453,333 | 8.2% |
| 39 | Other Building Finishing Contractors | 5 | $1,078,900 | 7.9% |
| 40 | Engineering Services | 5 | $319,900 | 7.2% |
Top SBA Loan Franchises in North Carolina
| Rank | FranchiseName | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 1 | Quality Inn | 10 | $2,758,800 | 5.4% |
| 2 | SureStay | 7 | $3,200,000 | 5.4% |
| 3 | Hotworx | 6 | $372,833 | 7.8% |
| 4 | ISI Elite Training | 6 | $293,583 | 7.3% |
| 5 | Super 8 | 5 | $1,831,720 | 5.5% |
| 6 | Econo Lodge | 4 | $3,219,300 | 6.4% |
| 7 | Days Inn | 4 | $1,869,200 | 7.3% |
| 8 | Eggs Up Grill | 4 | $774,725 | 7.8% |
| 9 | Zoom Room | 3 | $210,667 | 6.0% |
| 10 | Aire Serv | 3 | $266,700 | 6.1% |
| 11 | BrightStar Care | 3 | $154,833 | 6.7% |
| 12 | CycleBar | 2 | $744,700 | 6.6% |
| 13 | iCode | 2 | $140,000 | 6.0% |
| 14 | Anytime Fitness | 2 | $552,400 | 6.5% |
| 15 | Blingle! | 2 | $238,500 | 9.0% |
| 16 | Sir Speedy | 2 | $1,750,000 | 7.8% |
| 17 | AlphaGraphics | 2 | $209,250 | 6.0% |
| 18 | Sharkey’s Cuts for Kids | 2 | $167,500 | 6.8% |
| 19 | Drybar | 2 | $25,000 | 9.8% |
| 20 | Dryer Vent Wizard | 2 | $150,000 | 6.0% |
| 21 | Kiddie Academy | 2 | $5,000,000 | 6.3% |
| 22 | Ace Handyman Services | 2 | $150,000 | 9.0% |
| 23 | Servpro | 2 | $1,000,000 | 7.9% |
| 24 | 360 Painting | 2 | $350,000 | 7.5% |
| 25 | LIME Painting | 2 | $84,000 | 6.3% |
| 26 | Sam the Concrete Man | 2 | $150,000 | 6.0% |
| 27 | Edible Arrangements | 2 | $475,000 | 5.0% |
| 28 | Clothes Bin | 2 | $150,000 | 9.0% |
| 29 | Bin There…Dump That | 2 | $267,900 | 6.0% |
| 30 | Keyrenter Property Management | 2 | $150,000 | 6.3% |
| 31 | TDC Franchising, LLC | 2 | $150,000 | 6.0% |
| 32 | Bath Tune-Up | 2 | $140,000 | 6.0% |
| 33 | Handyman Connection | 2 | $115,000 | 6.3% |
| 34 | House Doctors | 2 | $150,000 | 6.3% |
| 35 | Kitchen Tune-Up | 2 | $150,000 | 6.0% |
| 36 | Bruster’s Real Ice Cream | 2 | $711,550 | 7.3% |
| 37 | Scooter’s Coffee | 2 | $1,589,150 | 6.4% |
| 38 | Jackson Hewitt Tax Service | 2 | $1,535,500 | 8.6% |
| 39 | American Family Care/Doctors E | 2 | $2,616,050 | 7.8% |
| 40 | Christian Brothers Automotive | 2 | $443,500 | 5.0% |
Top North Carolina SBA Loan Borrowers by Jobs Supported
| Rank | Business | Location | Industry | Loan Size | Interest Rate | Jobs |
|---|---|---|---|---|---|---|
| 1 | ELITE FAMILY ADVENTURES III LL | Fayetteville, NC | Amusement and Theme Parks | $2.5M – $5M | 7.8% | 180 |
| 2 | ATIX REAL STATE LLC | Charlotte, NC | Janitorial Services | $250K – $500K | 3.0% | 170 |
| 3 | MICROTECH KNIVES INC. | Mills River, NC | Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Preciou | $2.5M – $5M | 6.0% | 161 |
| 4 | EAST FORK POTTERY LLC | Asheville, NC | Pottery, Ceramics, and Plumbing Fixture Manufacturing | $1M – $2.5M | 6.0% | 143 |
| 5 | FUEL FITNESS | Winston Salem, NC | Fitness and Recreational Sports Centers | $250K – $500K | 7.0% | 134 |
| 6 | TEMA HOMECARE SERVICES LLC | Charlotte, NC | Home Health Care Services | $1M – $2.5M | 9.3% | 122 |
| 7 | YOUNG DOOR COMPANY | Pilot Mountain, NC | Wood Window and Door Manufacturing | $500K – $1M | 6.0% | 120 |
| 8 | PRO TEMPS MEDICAL STAFFING IN | Asheville, NC | Home Health Care Services | $250K – $500K | 8.8% | 112 |
| 9 | MOORE’S MINI MARTS INC | Jacksonville, NC | Limited-Service Restaurants | $1M – $2.5M | 9.0% | 110 |
| 10 | MICHAEL DEAN INCORPORATED | Huntersville, NC | $500K – $1M | 6.5% | 105 | |
| 11 | PAUL DAVIS RESTORATION OF THE | Greensboro, NC | Remediation Services | $250K – $500K | 8.8% | 104 |
| 12 | CARSON INDUSTRIES INC | Pilot Mountain, NC | Commercial and Industrial Machinery and Equipment (except Automotive a | $250K or less | 5.0% | 98 |
| 13 | DUPREE FARMS PRODUCE LLC | Angier, NC | Potato Farming | $1M – $2.5M | 4.5% | 97 |
| 14 | DIXON ROMAN GROUP INC. | Holly Ridge, NC | Janitorial Services | $250K or less | 8.3% | 96 |
| 15 | OWENS ROOFING INC. | Smithfield, NC | Roofing Contractors | $500K – $1M | 7.6% | 90 |
| 16 | MULLER & KNOWLES LLC | Smithfield, NC | Roofing Contractors | $2.5M – $5M | 7.6% | 90 |
| 17 | FURNITURE USA DISTRIBUTION IN | Thomasville, NC | Couriers | $1M – $2.5M | 5.8% | 86 |
| 18 | A PLUS GMSL NC LLC | Gastonia, NC | General Automotive Repair | $500K – $1M | 6.8% | 80 |
| 19 | RUNAWAY BOXCAR CLT LLC | Charlotte, NC | Drinking Places (Alcoholic Beverages) | $1M – $2.5M | 5.8% | 80 |
| 20 | S3C LLC | Charlotte, NC | Poured Concrete Foundation and Structure Contractors | $1M – $2.5M | 5.6% | 78 |
| 21 | GRAY’S ANGELS LLC | Lenoir, NC | Services for the Elderly and Persons with Disabilities | $250K – $500K | 9.3% | 75 |
| 22 | DNB AUTOMOTIVE INC | Selma, NC | Automotive Oil Change and Lubrication Shops | $500K – $1M | 6.3% | 72 |
| 23 | SMALL CASTLES SOUTHPARK LLC | Charlotte, NC | Full-Service Restaurants | $1M – $2.5M | 7.3% | 70 |
| 24 | THE ROWBOAT COMPANY INC. | Mooresville, NC | Other Heavy and Civil Engineering Construction | $1M – $2.5M | 5.2% | 66 |
| 25 | SPOT REAL ESTATE LLC | Wilmington, NC | Offices of Real Estate Agents and Brokers | $500K – $1M | 7.5% | 64 |
| 26 | BA WAKE LLC | Raleigh, NC | All Other Amusement and Recreation Industries | $250K or less | 7.8% | 62 |
| 27 | MINT HILL CABINETS INC. | Monroe, NC | Wood Kitchen Cabinet and Countertop Manufacturing | $2.5M – $5M | 5.4% | 62 |
| 28 | CULVER’S OF KERNERSVILLE | Kernersville, NC | Limited-Service Restaurants | $2.5M – $5M | 4.5% | 62 |
| 29 | LEMON YELLOW LLC | Cary, NC | Beauty Salons | $250K – $500K | 6.3% | 61 |
| 30 | VAL INC | Fayetteville, NC | Other Nonhazardous Waste Treatment and Disposal | $250K – $500K | 6.0% | 60 |
| 31 | CULVER’S OF APEX | Apex, NC | Limited-Service Restaurants | $250K – $500K | 5.5% | 60 |
| 32 | FIBBER’S AT SUNSET BEACH LLC | Sunset Beach, NC | Full-Service Restaurants | $500K – $1M | 6.8% | 60 |
| 33 | ECT ACQUISITION LLC | Raleigh, NC | Motor Vehicle Towing | $1M – $2.5M | 8.4% | 60 |
| 34 | FAUCETTE REAL ESTATE LLC | Timberlake, NC | Full-Service Restaurants | $2.5M – $5M | 7.8% | 60 |
| 35 | METRO GREENSCAPE INC. | Charlotte, NC | Lessors of Other Real Estate Property | $250K – $500K | 5.3% | 58 |
| 36 | GALAXY PARK LLC | Raleigh, NC | Amusement and Theme Parks | $250K – $500K | 7.8% | 57 |
| 37 | ALPHA CARE ONE ASSISTED LIVING | Greenville, NC | Homes for the Elderly | $500K – $1M | 7.2% | 57 |
| 38 | BRY TAX LLC | Charlotte, NC | Tax Preparation Services | $1M – $2.5M | 8.8% | 57 |
| 39 | THE PAW GROUP LLC | Apex, NC | Pet Care (except Veterinary) Services | $250K or less | 5.8% | 56 |
| 40 | RODGERS BROS RESTAURANTS LLC | Cullowhee, NC | Limited-Service Restaurants | $1M – $2.5M | 8.5% | 56 |
| 41 | RADIANT ONE LLC | Apex, NC | Beauty Salons | $250K – $500K | 6.3% | 55 |
| 42 | COTHRAN INNOVATIONS LLC | Wake Forest, NC | Home Health Care Services | $500K – $1M | 8.3% | 54 |
| 43 | BBC INVESTMENTS LLC | Lewisville, NC | Breweries | $2.5M – $5M | 5.0% | 54 |
| 44 | BIG APPLE PIZZA BISTRO | Havelock, NC | Full-Service Restaurants | $250K – $500K | 8.3% | 52 |
| 45 | P. POTTAMUS PROPERTIES LLC | Carolina Beach, NC | Full-Service Restaurants | $500K – $1M | 4.0% | 52 |
| 46 | INCREDIBLY DESIGNED OF CHARLOT | Charlotte, NC | Fruit and Vegetable Markets | $250K – $500K | 5.0% | 50 |
| 47 | AMERICAN RESPONSE VEHICLES INC | West Jefferson, NC | Motor Vehicle Body Manufacturing | $2.5M – $5M | 8.0% | 50 |
| 48 | THIRD EGG INC | Garner, NC | Full-Service Restaurants | $500K – $1M | 5.8% | 49 |
| 49 | EAST CAROLINA HOME CARE | Salisbury, NC | Home Health Care Services | $500K – $1M | 8.8% | 47 |
| 50 | ASJH INC | Charlotte, NC | Full-Service Restaurants | $1M – $2.5M | 9.0% | 47 |
| 51 | 7TWENTY6 BREWING CO | Leland, NC | Beer and Ale Merchant Wholesalers | $250K – $500K | 6.3% | 45 |
| 52 | RESTAURANT 4005 INC. | Nags Head, NC | Full-Service Restaurants | $1M – $2.5M | 6.0% | 45 |
| 53 | PINE VALLEY GROUP LLC | Charlotte, NC | Barber Shops | $1M – $2.5M | 5.4% | 44 |
| 54 | TUNNEL CREEK WINERY LLC | Roxboro, NC | All Other Grain Farming | $500K – $1M | 6.3% | 43 |
| 55 | COLLINSFOODS LLC | Durham, NC | Limited-Service Restaurants | $250K – $500K | 5.8% | 42 |
| 56 | BASS CO LLC | Cornelius, NC | Beauty Salons | $250K or less | 6.8% | 40 |
| 57 | SOHA WELLNESS LLC | Raleigh, NC | Other Personal Care Services | $1M – $2.5M | 6.0% | 40 |
| 58 | OWLET LEARNING DEVELOPMENT LLC | Apex, NC | Child Day Care Services | $2.5M – $5M | 5.0% | 40 |
| 59 | JETER MANAGEMENT GROUP INC. | New Bern, NC | Limited-Service Restaurants | $500K – $1M | 9.0% | 38 |
| 60 | JETER MANAGEMENT GROUP INC. | Greenville, NC | Limited-Service Restaurants | $500K – $1M | 9.0% | 38 |
| 61 | GREEN EAGLE CAPITAL RALEIGH L | Morrisville, NC | $500K – $1M | 5.7% | 37 | |
| 62 | CRAFTY CRAB WAKE FOREST RD LL | Raleigh, NC | Full-Service Restaurants | $2.5M – $5M | 5.3% | 37 |
| 63 | BRIGHTSTAR CARE OF GREENVILLE | Greenville, NC | Home Health Care Services | $250K or less | 8.3% | 36 |
| 64 | RAM RESTAURANTS INC | Durham, NC | Limited-Service Restaurants | $500K – $1M | 6.5% | 36 |
| 65 | PHOENIX LANDSCAPE MANAGEMENT O | Charlotte, NC | Landscaping Services | $1M – $2.5M | 5.8% | 36 |
| 66 | VOYAGE CAPITAL VENTURES L.L.C | Knightdale, NC | Full-Service Restaurants | $1M – $2.5M | 8.3% | 36 |
| 67 | PA-GREEN JOE’S COFFEE COMPANY | Greensboro, NC | Limited-Service Restaurants | $250K or less | 6.0% | 35 |
| 68 | DEVELOPMENTAL THERAPY ASSOCIAT | Durham, NC | Offices of Physical, Occupational and Speech Therapists, and Audiologi | $250K – $500K | 9.0% | 35 |
| 69 | WILD OLIVE SALON LLC | Swansboro, NC | Beauty Salons | $500K – $1M | 5.5% | 35 |
| 70 | CARE FOR CHARLOTTE LLC | Charlotte, NC | All Other Miscellaneous Schools and Instruction | $500K – $1M | 5.5% | 35 |
| 71 | JT MOE ENTERPRISES INC. | Granite Falls, NC | Remediation Services | $1M – $2.5M | 8.3% | 35 |
| 72 | COURTS PLUS FITNESS CENTER | Jacksonville, NC | Fitness and Recreational Sports Centers | $1M – $2.5M | 7.5% | 35 |
| 73 | EDWARDS RESTORATION L.L.C | Raleigh, NC | Remediation Services | $250K – $500K | 6.0% | 34 |
| 74 | TORRENCE CHAPEL LLC | Cornelius, NC | Full-Service Restaurants | $500K – $1M | 7.0% | 34 |
| 75 | HAYMOUNT TRUCK STOP LLC | Fayetteville, NC | Drinking Places (Alcoholic Beverages) | $250K or less | 9.3% | 33 |
| 76 | CAROMARK BUILDING GROUP LLC | Indian Trail, NC | Residential Remodelers | $500K – $1M | 6.3% | 33 |
| 77 | ANTHONY KIMBRELL & ASSOCIATES | Fayetteville, NC | Carpet and Upholstery Cleaning Services | $500K – $1M | 5.2% | 33 |
| 78 | SOUTHERN FRESH INTELLIGENT LLC | Mount Holly, NC | Full-Service Restaurants | $500K – $1M | 6.3% | 33 |
| 79 | NC CROWN LLC | Fayetteville, NC | Drinking Places (Alcoholic Beverages) | $1M – $2.5M | 9.3% | 33 |
| 80 | CKC SMART INVESTMENT GROUP IN | Charlotte, NC | All Other Miscellaneous Schools and Instruction | $250K or less | 6.0% | 32 |
| 81 | KYSELY MFG LLC | Wilmington, NC | $250K or less | 8.5% | 32 | |
| 82 | DURHAM CHILDCARE COLLABORATIVE | Durham, NC | Child Day Care Services | $250K – $500K | 10.0% | 32 |
| 83 | CMG VENTURES II LLC | Burlington, NC | General Rental Centers | $2.5M – $5M | 5.3% | 32 |
| 84 | FORIEST HOLDINGS INCORPORATED | Winston Salem, NC | Offices of Mental Health Practitioners (except Physicians) | $250K – $500K | 9.8% | 31 |
| 85 | LIONHEART HOSPITALITY LLC | Cary, NC | Full-Service Restaurants | $500K – $1M | 4.0% | 31 |
| 86 | MCD LLC | Clayton, NC | Full-Service Restaurants | $500K – $1M | 8.5% | 31 |
| 87 | SHREE BALAJI VENTURES LLC | Charlotte, NC | Offices of Other Holding Companies | $2.5M – $5M | 5.0% | 31 |
| 88 | CRUMBL COOKIES | Greensboro, NC | Baked Goods Stores | $250K or less | 9.0% | 30 |
| 89 | MY SUNSHINE CAKES INC. | Greenville, NC | Retail Bakeries | $250K or less | 6.3% | 30 |
| 90 | DESIGNER MAID COMPANY LLC | Asheville, NC | Janitorial Services | $250K – $500K | 7.5% | 30 |
| 91 | REST & RISE BAKING LLC | Hendersonville, NC | Retail Bakeries | $250K – $500K | 7.7% | 30 |
| 92 | RIVY RESTAURANT GROUP LLC | Hillsborough, NC | Full-Service Restaurants | $500K – $1M | 6.8% | 30 |
| 93 | CAROLINA SERVICES INCORPORATED | Elon, NC | Insurance Agencies and Brokerages | $500K – $1M | 4.9% | 30 |
| 94 | DAIRY QUEEN OF ROCKINGHAM | Rockingham, NC | Limited-Service Restaurants | $500K – $1M | 6.0% | 30 |
| 95 | HOLLY SPRINGS CGH LLC | Holly Springs, NC | Highway, Street, and Bridge Construction | $500K – $1M | 7.0% | 30 |
| 96 | SCOOPS OF JOY LLC | Mooresville, NC | Snack and Nonalcoholic Beverage Bars | $500K – $1M | 5.5% | 30 |
| 97 | CHAD LOVE SERVICES LLC | Concord, NC | Plumbing, Heating, and Air-Conditioning Contractors | $1M – $2.5M | 4.3% | 30 |
| 98 | I DO OBX WEDDINGS LLC | Kill Devil Hills, NC | All Other Personal Services | $1M – $2.5M | 7.5% | 30 |
| 99 | OXIT LLC | Charlotte, NC | Marketing Consulting Services | $1M – $2.5M | 5.5% | 30 |
| 100 | NUWRAY LLC | Burnsville, NC | Bed-and-Breakfast Inns | $2.5M – $5M | 5.3% | 30 |
Note about SBA lenders near me in North Carolina
When it comes to top North Carolina SBA lenders, it’s a common inquiry whether any of the listed banks are 1) included in the North Carolina preferred lender list, 2) approved lenders in North Carolina, or 3) active participants in the North Carolina SBA Express lending program. These queries center around the ability of a given SBA bank to facilitate small business SBA loans in North Carolina swiftly. The answer is an unequivocal yes. These aren’t your run-of-the-mill banks making only a handful of SBA loans annually; these are institutions well-versed in the intricacies of the SBA 7(a) loan program. They stand out as the top performers in North Carolina, as evidenced by our thorough analysis of thousands of SBA loans each year, leading us to rank lenders based on recent activity.
It’s crucial to note that while some banks may limit their lending to specific regions, there exist a select few highly assertive nationwide SBA lenders that operate nationally. These lenders possess a profound understanding of the SBA program and execute transactions with remarkable speed. Therefore, we advise against restricting your search solely to your home state. Our lender match tool proves invaluable in this regard. By utilizing it, we can identify suitable SBA banks tailored to your specific needs, be it geography, industry, company size, all at no cost or obligation to you. This service aims to save you valuable time and ensure a seamless SBA loan process.