Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for North Carolina.
In 2022 there were 116 SBA lenders that approved 1,129 SBA 7(a) loans for projects in North Carolina totaling $821,283,700. The average loan amount was $727,444. Borrowers from 227 cities were approved for projects in North Carolina for 289 industries. The SBA loan approvals in 2022 represent 15,237 jobs supported or saved in North Carolina.
There were 182 franchise branded businesses receiving 297 loan approvals for $267,549,800 with an average loan amount of $900,841.
Our forecast model projects $995 million in total North Carolina SBA 7(a) loan approval amounts in 2023 with $316 million to franchise businesses.
North Carolina Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
North Carolina Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
