534 SBA loans worth $362.8M went to businesses in Raleigh, NC between October 2021 and June 2026, from 85 lenders. Huntington National Bank made the most, 68 loans. The median loan was $304,750, compared with $311,750 across North Carolina, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 68 | $24.4M | $210,500 | 69% |
| 2 | Live Oak Banking Bank · Wilmington, NC | 37 | $38.7M | $400,000 | 5% |
| 3 | Newtek Bank Bank · Miami, FL | 33 | $17.3M | $125,000 | 12% |
| 4 | TowneBank Bank · Portsmouth, VA | 31 | $33.4M | $644,700 | 61% |
| 5 | Northeast Bank Bank · Portland, ME | 29 | $4.2M | $116,000 | 7% |
| 6 | Wells Fargo Bank Bank · Sioux Falls, SD | 27 | $6.3M | $15,000 | 81% |
| 7 | Fidelity Bank Bank · Fuquay Varina, NC | 19 | $24.9M | $616,000 | 32% |
| 8 | Business Expansion Funding Certified development company · Charlotte, NC | 19 | $21.9M | $871,000 | 11% |
| 9 | Bank of Oak Ridge Bank · Oak Ridge, NC | 17 | $10.8M | $346,000 | 53% |
| 10 | United Midwest Savings Bank Bank · Degraff, OH | 17 | $2.8M | $150,000 | 94% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 16 | $3.6M | $137,000 | 19% |
| 12 | North State Bank Bank · Raleigh, NC | 15 | $15.7M | $873,000 | 40% |
| 13 | First Bank of the Lake Bank · Osage Beach, MO | 13 | $12.1M | $465,000 | 92% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 13 | $1.5M | $150,000 | 0% |
| 15 | First National Bank of Pennsylvania Bank · Greenville, PA | 10 | $14.4M | $822,500 | 40% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 75 | $465,000 | Huntington National Bank | |
| Other services (repair, personal care) | 66 | $347,350 | Huntington National Bank | |
| Construction | 59 | $315,000 | United Midwest Savings Bank | |
| Professional and technical services | 55 | $305,500 | Live Oak Banking | |
| Retail | 51 | $300,000 | TowneBank | |
| Health care and social assistance | 48 | $335,500 | Huntington National Bank | |
| Administrative and support services | 44 | $158,050 | Huntington National Bank | |
| Arts, entertainment and recreation | 41 | $416,000 | TowneBank |