32 SBA loans worth $31.8M went to businesses in Morganton, NC between October 2021 and June 2026, from 20 lenders. Live Oak Banking made the most, 5 loans. The median loan was $515,500, compared with $311,750 across North Carolina, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Bank · Wilmington, NC | 5 | $6.8M | $815,000 | 20% |
| 2 | GBank Bank · Las Vegas, NV | 3 | $8.2M | $2,730,000 | 67% |
| 3 | First Community Bank Bank · Bluefield, VA | 2 | $2.6M | $1,323,300 | 100% |
| 4 | Truliant FCU Credit union · Winston-Salem, NC | 2 | $1.7M | $840,500 | 0% |
| 5 | HomeTrust Bank Bank · Asheville, NC | 2 | $1.1M | $562,500 | 100% |
| 6 | TD Bank Bank · Wilmington, DE | 2 | $269K | $134,500 | 50% |
| 7 | Mountain Bizcapital Non-bank lender · Asheville, NC | 2 | $250K | $125,000 | 50% |
| 8 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $35K | $17,500 | 100% |
| 9 | First Horizon Bank Bank · Memphis, TN | 1 | $4.8M | $4,764,600 | 0% |
| 10 | Midwest Regional Bank Bank · Clayton, MO | 1 | $1.7M | $1,730,000 | 0% |
| 11 | Heritage Bank Bank · Burlington, KY | 1 | $1.4M | $1,375,000 | 0% |
| 12 | First Merchants Bank Bank · Muncie, IN | 1 | $956K | $956,300 | 0% |
| 13 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $436K | $436,000 | 0% |
| 14 | Newtek Bank Bank · Miami, FL | 1 | $350K | $350,000 | 0% |
| 15 | Northeast Bank Bank · Portland, ME | 1 | $350K | $350,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 7 | $1,730,000 | GBank | |
| Construction | 6 | $634,500 | HomeTrust Bank | |
| Real estate and rental | 3 | $815,000 | Live Oak Banking | |
| Administrative and support services | 2 | $482,400 | Truliant FCU | |
| Health care and social assistance | 2 | $1,015,650 | First Merchants Bank | |
| Transportation and warehousing | 2 | $1,323,300 | First Community Bank | |
| Retail | 2 | $280,500 | Mountain Bizcapital | |
| Other services (repair, personal care) | 2 | $250,000 | Celtic Bank |