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Non-bank lender · Raleigh, NC

Carolina Small Business Development Fund: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026
65
SBA loans approved
$13.3M
Total approved
$185,200
Median loan
1
States lent in
78%
To startups
#467
National rank by loans

Carolina Small Business Development Fund approved 65 SBA loans worth $13.3M between October 2021 and June 2026, ranking #467 of 2,283 SBA lenders nationally by loan count. Its median loan was $185,200, and 78% went to startups or businesses under two years old. It lent in 1 states, most often in North Carolina, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0204060FY14: 6 loansFY14FY15: 54 loansFY1554FY16: 36 loansFY16FY17: 37 loansFY17FY18: 29 loansFY18FY19: 9 loansFY19FY20: 9 loansFY20FY21FY22: 6 loansFY22FY23: 20 loansFY23FY24: 21 loansFY24FY25: 11 loansFY25FY26 (Oct to Jun): 7 loansFY267
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Carolina Small Business Development Fund lends

StateLoansApprovedMedian loanRank in state
North Carolina65$13.3M$185,200#32

Industries Carolina Small Business Development Fund finances

IndustryLoansShareMedian loan
Restaurants and hotels14
22%
$211,000
Health care and social assistance9
14%
$105,500
Administrative and support services7
11%
$90,700
Retail7
11%
$290,000
Construction6
9%
$284,100
Transportation and warehousing6
9%
$173,500
Arts, entertainment and recreation4
6%
$309,000
Manufacturing4
6%
$159,850
Other services (repair, personal care)4
6%
$184,100
Professional and technical services3
5%
$155,000
Loan size mix
  • Under $150,00035%
  • $150,000 to $500,00065%
  • $500,000 to $2 million0%
  • $2 million and up0%
Loan programs used
  • Standard 7(a)60%
  • Community Advantage40%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.