SBA lending by district
SBA lending in NC-01
SBA 7(a) and 504 financing in North Carolina's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 1,159
- Total funded
- $721.2M
- Average loan
- $622K
- 7(a) charge-off
- 2.9%
Borrowers in North Carolina's 1st district took 1,159 SBA loans worth $721.2M since FY2010, averaging $622K. Of the 1,086 7(a) loans, 2.9% have charged off. See the rest of North Carolina.
SBA funded volume by fiscal year
Top SBA lenders in NC-01
- 1. Live Oak Banking Company $71.2M
- 2. GBank $42.0M
- 3. First Financial Bank $41.5M
- 4. First Bank $33.4M
- 5. Business Expansion Funding Corporation $32.8M
- 6. First National Bank of Pennsylvania $32.1M
- 7. Southern Bank and Trust Company $21.6M
- 8. Truist Bank $18.8M
- 9. Wells Fargo Bank National Association $18.7M
- 10. United Community Bank $18.4M
Method. SBA 7(a) and 504 loans the SBA recorded in NC-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.