47 SBA loans worth $47.6M went to businesses in Burlington, NC between October 2021 and June 2026, from 30 lenders. Newtek Bank made the most, 5 loans. The median loan was $500,000, compared with $311,750 across North Carolina, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 5 | $2.9M | $350,000 | 40% |
| 2 | TowneBank Bank · Portsmouth, VA | 4 | $9.0M | $2,008,100 | 75% |
| 3 | Business Expansion Funding Certified development company · Charlotte, NC | 3 | $3.2M | $1,324,000 | 0% |
| 4 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $1.3M | $150,000 | 0% |
| 5 | 504 Capital Certified development company · Chesapeake, VA | 2 | $5.4M | $2,718,500 | 100% |
| 6 | Fidelity Bank Bank · Fuquay Varina, NC | 2 | $3.4M | $1,675,000 | 100% |
| 7 | First Bank Bank · Southern Pines, NC | 2 | $2.8M | $1,380,200 | 0% |
| 8 | Pinnacle Bank Bank · Nashville, TN | 2 | $1.2M | $578,500 | 0% |
| 9 | Select Bank Bank · Forest, VA | 2 | $650K | $325,000 | 100% |
| 10 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 2 | $351K | $175,500 | 0% |
| 11 | GBank Bank · Las Vegas, NV | 1 | $4.2M | $4,190,000 | 0% |
| 12 | Citizens Bank Bank · Elizabethton, TN | 1 | $2.0M | $2,017,900 | 0% |
| 13 | U.S. Bank Bank · Cincinnati, OH | 1 | $1.9M | $1,946,100 | 0% |
| 14 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $1.5M | $1,475,000 | 0% |
| 15 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $1.4M | $1,384,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 10 | $442,700 | 504 Capital | |
| Manufacturing | 8 | $281,000 | Business Expansion Funding | |
| Health care and social assistance | 6 | $621,000 | Pinnacle Bank | |
| Retail | 6 | $710,000 | East West Bank | |
| Administrative and support services | 4 | $655,000 | BayFirst National Bank | |
| Transportation and warehousing | 3 | $148,500 | TowneBank | |
| Construction | 3 | $151,000 | Fidelity Bank | |
| Real estate and rental | 3 | $1,634,000 | TowneBank |