26 SBA loans worth $15.9M went to businesses in Boone, NC between October 2021 and June 2026, from 11 lenders. Customers Bank made the most, 5 loans. The median loan was $263,400, compared with $311,750 across North Carolina, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Customers Bank Bank · Malvern, PA | 5 | $6.4M | $2,083,000 | 0% |
| 2 | HomeTrust Bank Bank · Asheville, NC | 3 | $3.3M | $896,700 | 67% |
| 3 | United Midwest Savings Bank Bank · Degraff, OH | 3 | $1.8M | $400,000 | 0% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $50K | $15,000 | 100% |
| 5 | Atlantic Union Bank Bank · Richmond City, VA | 2 | $2.3M | $1,154,500 | 0% |
| 6 | Bank of America Bank · Charlotte, NC | 2 | $679K | $339,300 | 0% |
| 7 | Northeast Bank Bank · Portland, ME | 2 | $310K | $155,000 | 0% |
| 8 | Mountain Bizcapital Non-bank lender · Asheville, NC | 2 | $175K | $87,500 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 2 | $90K | $45,000 | 0% |
| 10 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $508K | $508,000 | 0% |
| 11 | First Community Bank Bank · Bluefield, VA | 1 | $267K | $266,800 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 6 | $110,000 | Wells Fargo Bank | |
| Retail | 6 | $1,091,500 | Customers Bank | |
| Manufacturing | 3 | $896,700 | HomeTrust Bank | |
| Health care and social assistance | 3 | $400,000 | United Midwest Savings Bank | |
| Restaurants and hotels | 3 | $125,000 | Mountain Bizcapital | |
| Information and media | 2 | $45,000 | Newtek Bank | |
| Professional and technical services | 2 | $384,000 | First National Bank of Pennsylvania | |
| Other services (repair, personal care) | 1 | $210,000 | Northeast Bank |