Bank of Oak Ridge approved 180 SBA loans worth $173.5M between October 2021 and June 2026, ranking #239 of 2,283 SBA lenders nationally by loan count. Its median loan was $569,000, and 54% went to startups or businesses under two years old. It lent in 8 states, most often in North Carolina, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| North Carolina | 125 | $108.6M | $528,400 | #16 |
| South Carolina | 25 | $34.4M | $790,900 | #28 |
| Virginia | 16 | $16.8M | $737,500 | #55 |
| Georgia | 7 | $8.7M | $571,000 | #136 |
| Florida | 3 | $1.1M | $456,000 | #209 |
| Maryland | 2 | $1.5M | $760,250 | #124 |
| Kentucky | 1 | $1,000K | $999,500 | #142 |
| Alabama | 1 | $1.4M | $1,425,000 | #150 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 42 | $575,500 | |
| Other services (repair, personal care) | 21 | $514,000 | |
| Retail | 19 | $798,000 | |
| Construction | 18 | $687,750 | |
| Arts, entertainment and recreation | 18 | $640,750 | |
| Manufacturing | 13 | $1,133,900 | |
| Transportation and warehousing | 11 | $343,600 | |
| Health care and social assistance | 11 | $710,000 | |
| Administrative and support services | 8 | $514,200 | |
| Professional and technical services | 8 | $672,000 |