SBA lender profile
Carolina Small Business Development Fund
Carolina Small Business Development Fund appears in the public SBA loan data with 71 funded 7(a) loans totaling $14.1M, an average of $199K per loan, and an estimated 569 jobs supported. Its SBA lending concentrates in North Carolina and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
71
Total volume
$14.1M
Average loan size
$199K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
569
Programs
7(a)
Where Carolina Small Business Development Fund lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Carolina | 70 | $14.1M |
| South Carolina | 1 | $50K |
What Carolina Small Business Development Fund funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 15 | $3.4M |
| Retail Trade | 7 | $1.9M |
| Health Care and Social Assistance | 11 | $1.5M |
| Construction | 5 | $1.4M |
| Arts, Entertainment, Recreation | 5 | $1.2M |
| Transportation and Warehousing | 6 | $1.1M |
Carolina Small Business Development Fund SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 9 | $1.3M |
| 2022 | 6 | $796K |
| 2023 | 20 | $3.9M |
| 2024 | 21 | $5.0M |
| 2025 | 11 | $2.4M |
| 2026 | 4 | $832K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Carolina Small Business Development Fund's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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