1,053 SBA loans worth $705.9M went to businesses in Charlotte, NC between October 2021 and June 2026, from 110 lenders. Huntington National Bank made the most, 99 loans. The median loan was $300,000, compared with $311,750 across North Carolina, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 99 | $40.7M | $255,000 | 75% |
| 2 | Live Oak Banking Bank · Wilmington, NC | 62 | $62.6M | $500,000 | 18% |
| 3 | Wells Fargo Bank Bank · Sioux Falls, SD | 53 | $5.1M | $15,000 | 94% |
| 4 | Pinnacle Bank Bank · Nashville, TN | 52 | $65.9M | $710,000 | 63% |
| 5 | TD Bank Bank · Wilmington, DE | 50 | $9.4M | $50,000 | 46% |
| 6 | Newtek Bank Bank · Miami, FL | 49 | $25.2M | $200,000 | 16% |
| 7 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 49 | $15.3M | $85,500 | 18% |
| 8 | U.S. Bank Bank · Cincinnati, OH | 43 | $4.5M | $40,000 | 51% |
| 9 | Northeast Bank Bank · Portland, ME | 42 | $6.1M | $121,250 | 10% |
| 10 | Business Expansion Funding Certified development company · Charlotte, NC | 39 | $56.4M | $1,046,000 | 21% |
| 11 | Bank of America Bank · Charlotte, NC | 35 | $15.8M | $350,000 | 14% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 29 | $4.7M | $150,000 | 0% |
| 13 | TowneBank Bank · Portsmouth, VA | 28 | $28.6M | $839,500 | 46% |
| 14 | SouthState Bank Bank · Winter Haven, FL | 27 | $13.3M | $350,000 | 15% |
| 15 | Fifth Third Bank Bank · Cincinnati, OH | 20 | $8.6M | $125,000 | 25% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 147 | $200,000 | U.S. Bank | |
| Restaurants and hotels | 140 | $500,000 | Huntington National Bank | |
| Construction | 124 | $300,000 | Pinnacle Bank | |
| Other services (repair, personal care) | 110 | $233,500 | Huntington National Bank | |
| Retail | 97 | $191,200 | Wells Fargo Bank | |
| Health care and social assistance | 94 | $445,800 | Huntington National Bank | |
| Manufacturing | 63 | $250,000 | Live Oak Banking | |
| Administrative and support services | 62 | $350,000 | Bank of America |