SBA lending by district
SBA lending in NC-03
SBA 7(a) and 504 financing in North Carolina's 3rd 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
- 1,170
- Total funded
- $697.4M
- Average loan
- $596K
- 7(a) charge-off
- 3.0%
Borrowers in North Carolina's 3rd district took 1,170 SBA loans worth $697.4M since FY2010, averaging $596K. Of the 1,065 7(a) loans, 3.0% have charged off. See the rest of North Carolina.
SBA funded volume by fiscal year
Top SBA lenders in NC-03
- 1. Live Oak Banking Company $95.9M
- 2. Business Expansion Funding Corporation $42.5M
- 3. Truist Bank $42.3M
- 4. First Financial Bank $39.7M
- 5. First National Bank of Pennsylvania $35.7M
- 6. TowneBank $34.5M
- 7. First Bank $33.2M
- 8. GBank $29.8M
- 9. 504 Capital Corporation $29.2M
- 10. Wells Fargo Bank National Association $21.0M
Method. SBA 7(a) and 504 loans the SBA recorded in NC-03,
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.