Business Expansion Funding approved 272 SBA loans worth $350.6M between October 2021 and June 2026, ranking #161 of 2,283 SBA lenders nationally by loan count. Its median loan was $934,500, and 21% went to startups or businesses under two years old. It lent in 2 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 | 263 | $334.6M | $871,000 | #7 |
| South Carolina | 9 | $16.0M | $1,817,000 | #55 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 52 | $1,203,500 | |
| Health care and social assistance | 46 | $716,500 | |
| Retail | 31 | $983,000 | |
| Manufacturing | 30 | $1,012,500 | |
| Other services (repair, personal care) | 24 | $571,500 | |
| Construction | 20 | $778,000 | |
| Professional and technical services | 19 | $871,000 | |
| Arts, entertainment and recreation | 13 | $1,210,000 | |
| Administrative and support services | 12 | $514,500 | |
| Wholesale trade | 9 | $718,000 |