SBA lending by district
SBA lending in NC-02
SBA 7(a) and 504 financing in North Carolina's 2nd 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
- 3,266
- Total funded
- $1.9B
- Average loan
- $570K
- 7(a) charge-off
- 3.9%
Borrowers in North Carolina's 2nd district took 3,266 SBA loans worth $1.9B since FY2010, averaging $570K. Of the 3,037 7(a) loans, 3.9% have charged off. See the rest of North Carolina.
SBA funded volume by fiscal year
Top SBA lenders in NC-02
- 1. Live Oak Banking Company $160.5M
- 2. First National Bank of Pennsylvania $139.2M
- 3. Business Expansion Funding Corporation $138.2M
- 4. Wells Fargo Bank National Association $107.9M
- 5. Truist Bank $95.0M
- 6. TowneBank $67.1M
- 7. The Huntington National Bank $53.1M
- 8. Pinnacle Bank $52.8M
- 9. GBank $50.0M
- 10. North State Bank $45.0M
Method. SBA 7(a) and 504 loans the SBA recorded in NC-02,
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.