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SBA lenders in Cary, NC

SBA 7(a) and 504 loans to businesses in Cary (Wake County), October 2021 to June 30, 2026 · Updated October 15, 2026
181
SBA loans approved
$117.7M
Total approved
$260,000
Median loan
54
Lenders active
47%
To startups

181 SBA loans worth $117.7M went to businesses in Cary, NC between October 2021 and June 2026, from 54 lenders. Huntington National Bank made the most, 25 loans. The median loan was $260,000, compared with $311,750 across North Carolina, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Cary

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
25$9.4M$252,00084%
2Northeast Bank
Bank · Portland, ME
10$1.4M$77,00010%
3Live Oak Banking
Bank · Wilmington, NC
9$4.4M$257,00044%
4Readycap Lending
Non-bank lender · Berkeley Heights, NJ
9$1.3M$50,00022%
5Wells Fargo Bank
Bank · Sioux Falls, SD
9$150K$15,000100%
6Newtek Bank
Bank · Miami, FL
8$4.4M$250,00012%
7First National Bank of Pennsylvania
Bank · Greenville, PA
6$6.5M$1,009,50083%
8SouthState Bank
Bank · Winter Haven, FL
6$2.4M$305,00017%
9GBank
Bank · Las Vegas, NV
5$20.6M$5,000,00040%
10Pinnacle Bank
Bank · Nashville, TN
5$8.2M$867,90060%
11Fifth Third Bank
Bank · Cincinnati, OH
5$6.1M$500,00020%
12BayFirst National Bank
Bank · St. Petersburg, FL
5$619K$150,0000%
13First Bank of the Lake
Bank · Osage Beach, MO
4$4.6M$522,600100%
14Fidelity Bank
Bank · Fuquay Varina, NC
4$3.8M$907,50025%
15Bank of America
Bank · Charlotte, NC
4$1.0M$265,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Cary. For 504 loans the lender shown is the certified development company.

What gets financed in Cary

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels32
18%
$500,000Huntington National Bank
Other services (repair, personal care)29
16%
$150,000Huntington National Bank
Professional and technical services26
14%
$150,000Newtek Bank
Health care and social assistance19
10%
$350,000Live Oak Banking
Retail15
8%
$260,000SouthState Bank
Arts, entertainment and recreation15
8%
$650,000Huntington National Bank
Construction9
5%
$250,000Wells Fargo Bank
Manufacturing7
4%
$175,000Wells Fargo Bank
Loan size mix
  • Under $150,00029%
  • $150,000 to $500,00038%
  • $500,000 to $2 million25%
  • $2 million and up9%
Compared with North Carolina
Median loan, Cary
$260,000
Median loan, North Carolina
$311,750
Startup share, Cary
47%
Startup share, North Carolina
40%
Share of state's SBA loans
2.5%

SBA loans per fiscal year in Cary

0173350FY14: 20 loansFY14FY15: 33 loansFY15FY16: 25 loansFY16FY17: 43 loansFY17FY18: 39 loansFY18FY19: 41 loansFY19FY20: 18 loansFY20FY21: 29 loansFY21FY22: 25 loansFY22FY23: 46 loansFY23FY24: 37 loansFY24FY25: 49 loansFY2549FY26 (Oct to Jun): 24 loansFY2624
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.