SBA lending by metro area
SBA lenders in Shelby, NC
Which lenders fund Shelby-area businesses, how much, and how the market compares with North Carolina: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Shelby area
Ranked by SBA volume funded to businesses located in the Shelby micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 6 | $12.2M | $2.0M | not reported |
| 2 | First Financial Bank | 12 | $9.5M | $793K | not reported |
| 3 | HomeTrust Bank | 5 | $5.3M | $1.1M | not reported |
| 4 | Truist Bank | 7 | $4.3M | $613K | not reported |
| 5 | Wells Fargo Bank National Association | 10 | $1.1M | $111K | not reported |
| 6 | Bank OZK | 5 | $766K | $153K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Shelby compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Shelby area | $400K ▲ 53.8% | 4.1% ▼ 3.5 pts |
| North Carolina | $260K | 7.6% |
| United States | $179K | 11.2% |
What gets funded in Shelby
| Industry | Loans | Total funded |
|---|---|---|
| Agriculture, Forestry, Fishing | 15 | $18.6M |
| Manufacturing | 10 | $17.1M |
| Accommodation and Food Services | 21 | $10.4M |
| Retail Trade | 16 | $9.7M |
| Wholesale Trade | 10 | $9.6M |
| Professional and Technical Services | 7 | $5.5M |
| Other Services | 16 | $5.1M |
| Health Care and Social Assistance | 5 | $4.4M |
SBA lending in Shelby by year
Geography, precisely
"Shelby area" here means the Shelby-Kings Mountain, NC micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Cleveland County, NC. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.