SBA 7(a) lenders in Forsyth, NC

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

86 institutions have SBA 7(a) loans on record in Forsyth, together $381.0M across 702 loans. Live Oak Banking Company is the largest, with 10% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Live Oak Banking Company	28	$37.5M	9.8%	0.00%
2	Truist Bank	115	$36.2M	9.5%	1.77%
3	Pinnacle Bank	26	$27.2M	7.1%	0.00%
4	GBank	9	$26.4M	6.9%	0.00%
5	First National Bank of Pennsylvania	29	$21.2M	5.6%	4.04%
6	Truliant FCU	25	$17.4M	4.6%	0.29%
7	Wells Fargo Bank National Association	71	$15.8M	4.1%	0.34%
8	Bank of Oak Ridge	12	$13.5M	3.6%	0.00%
9	First Horizon Bank	46	$13.4M	3.5%	0.00%
10	First Community Bank	46	$11.7M	3.1%	6.03%
11	The Huntington National Bank	15	$8.9M	2.3%	0.00%
12	Readycap Lending, LLC	12	$8.3M	2.2%	2.92%
13	Citizens Bank	6	$8.2M	2.1%	0.00%
14	Climate First Bank	4	$7.9M	2.1%	0.00%
15	The Fidelity Bank	9	$6.1M	1.6%	0.00%
16	First Bank	6	$6.1M	1.6%	0.00%
17	Columbia Bank	7	$5.7M	1.5%	1.22%
18	First Guaranty Bank	1	$5.0M	1.3%	0.00%
19	Enterprise Bank & Trust	1	$5.0M	1.3%	0.00%
20	Newtek Small Business Finance, Inc.	10	$4.8M	1.3%	2.81%
21	Peoples Bank	1	$4.5M	1.2%	0.00%
22	Newtek Bank, National Association	14	$4.2M	1.1%	0.00%
23	Evolve Bank and Trust	2	$4.0M	1.1%	0.00%
24	Northeast Bank	19	$3.6M	1.0%	0.00%
25	U.S. Bank, National Association	4	$3.4M	0.9%	0.00%
26	United Midwest Savings Bank National Association	17	$3.4M	0.9%	2.10%
27	North State Bank	1	$3.4M	0.9%	0.00%
28	Ameris Bank	4	$3.3M	0.9%	6.21%
29	Metro City Bank	2	$3.2M	0.8%	0.00%
30	United Community Bank	4	$3.2M	0.8%	0.00%
31	Fifth Third Bank	2	$3.1M	0.8%	0.00%
32	First-Citizens Bank & Trust Company	7	$3.0M	0.8%	35.30%
33	Beacon Bank and Trust	1	$2.8M	0.7%	0.00%
34	Celtic Bank Corporation	14	$2.7M	0.7%	4.30%
35	Port 51 Lending LLC	3	$2.6M	0.7%	0.00%
36	Stearns Bank National Association	10	$2.6M	0.7%	10.60%
37	Atlantic Union Bank	1	$2.4M	0.6%	0.00%
38	Byline Bank	2	$2.3M	0.6%	0.00%
39	Pathward National Association	3	$2.1M	0.5%	0.00%
40	Georgia Banking Company	3	$2.0M	0.5%	9.74%
41	Cross River Bank	2	$2.0M	0.5%	0.00%
42	Mechanics and Farmers Bank	2	$1.8M	0.5%	0.00%
43	PNC Bank, National Association	6	$1.8M	0.5%	2.20%
44	First Federal Bank	1	$1.8M	0.5%	0.00%
45	Lendistry SBLC, LLC	3	$1.8M	0.5%	0.00%
46	BayFirst National Bank	12	$1.7M	0.5%	0.00%
47	Centerstone SBA Lending, Inc.	1	$1.7M	0.4%	0.00%
48	Bank of America, National Association	7	$1.5M	0.4%	2.26%
49	SouthState Bank, National Association	4	$1.2M	0.3%	0.00%
50	CIBM Bank	1	$1.2M	0.3%	0.00%
51	Capital Bank, National Association	1	$1.1M	0.3%	0.00%
52	First Commonwealth Bank	2	$1.0M	0.3%	0.00%
53	First Bank of the Lake	3	$1.0M	0.3%	0.00%
54	Falcon National Bank	1	$920K	0.2%	0.00%
55	Bank OZK	1	$846K	0.2%	0.00%
56	Bank Five Nine	3	$845K	0.2%	0.00%
57	Platinum Bank	1	$835K	0.2%	0.00%
58	TowneBank	1	$815K	0.2%	0.00%
59	First Bank of Central Ohio	1	$743K	0.2%	0.00%
60	The Bancorp Bank National Association	2	$707K	0.2%	0.00%
61	Carolina Small Business Development Fund	5	$654K	0.2%	0.00%
62	Bank of Hope	4	$631K	0.2%	2.95%
63	National Cooperative Bank, National Association	1	$500K	0.1%	53.97%
64	IncredibleBank	1	$440K	0.1%	0.00%
65	Allegacy Financial Federal Credit Union	4	$425K	0.1%	3.73%
66	Buckeye State Bank	1	$422K	0.1%	0.00%
67	Triad Business Bank	1	$350K	0.1%	0.00%
68	Happen Bank	1	$350K	0.1%	0.00%
69	Heritage Bank Inc	2	$300K	0.1%	0.00%
70	Federal Deposit Insurance Corporation	2	$282K	0.1%	0.00%
71	Independence Bank	2	$275K	0.1%	35.57%
72	Merchants Bank of Indiana	1	$266K	0.1%	0.00%
73	Colony Bank	2	$265K	0.1%	0.00%
74	Five Star Bank	2	$260K	0.1%	0.00%
75	Grasshopper Bank National Association	1	$255K	0.1%	0.00%
76	Vision One CU	1	$235K	0.1%	0.00%
77	Simmons Bank	1	$216K	0.1%	0.00%
78	Stone Bank	2	$200K	0.1%	0.00%
79	Uwharrie Bank	1	$200K	0.1%	98.47%
80	Thread Bank	1	$184K	0.0%	0.00%
81	Self-Help Credit Union	4	$170K	0.0%	36.99%
82	TD Bank, National Association	2	$170K	0.0%	79.31%
83	Partner Community Capital	1	$165K	0.0%	0.00%
84	CRF Small Business Loan Company, LLC	1	$141K	0.0%	24.58%
85	VelocitySBA, LLC	10	$105K	0.0%	11.41%
86	First Pryority Bank	1	$105K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	100	$104.6M	27.5%
2	Health care & social assistance	56	$38.9M	10.2%
3	Construction	83	$33.3M	8.7%
4	Retail trade	71	$25.9M	6.8%
5	Other services	66	$25.0M	6.6%
6	Administrative & waste services	60	$23.0M	6.0%
7	Arts, entertainment & recreation	36	$22.9M	6.0%
8	Professional & technical services	68	$21.8M	5.7%
9	Real estate & leasing	17	$15.6M	4.1%
10	Wholesale trade	25	$15.1M	4.0%
11	Retail trade	36	$13.9M	3.7%
12	Transportation & warehousing	24	$8.0M	2.1%
13	Manufacturing	7	$7.9M	2.1%
14	Manufacturing	14	$6.5M	1.7%
15	Transportation & warehousing	11	$4.8M	1.3%
16	Finance & insurance	9	$4.7M	1.2%
17	Manufacturing	9	$4.0M	1.0%
18	Management of companies	2	$2.7M	0.7%
19	Educational services	4	$2.0M	0.5%
20	Utilities	1	$150K	0.0%
21	Information	2	$88K	0.0%
22	Agriculture, forestry & fishing	1	$25K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.