SBA 7(a) lenders in Pamlico, NC
Approvals in SBA fiscal years 2009–2026. Source data as of 2026-06-30.
Lenders
12 institutions have SBA 7(a) loans on record in Pamlico, together $6.3M across 18 loans. Bank Five Nine is the largest, with 35% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Bank Five Nine | 1 | $2.2M | 35.1% | 0.00% |
| 2 | First Bank | 1 | $1.7M | 27.7% | 0.00% |
| 3 | Wells Fargo Bank National Association | 6 | $714K | 11.4% | 0.00% |
| 4 | First-Citizens Bank & Trust Company | 1 | $624K | 9.9% | 0.00% |
| 5 | Harvest Small Business Finance, LLC | 1 | $330K | 5.3% | 0.00% |
| 6 | United Bank | 1 | $200K | 3.2% | 0.00% |
| 7 | Heritage Bank Inc | 1 | $183K | 2.9% | 0.00% |
| 8 | Self-Help Credit Union | 1 | $150K | 2.4% | 0.00% |
| 9 | Celtic Bank Corporation | 1 | $50K | 0.8% | 0.00% |
| 10 | Bank of America, National Association | 1 | $50K | 0.8% | 0.00% |
| 11 | VelocitySBA, LLC | 2 | $20K | 0.3% | 0.00% |
| 12 | PNC Bank, National Association | 1 | $12K | 0.2% | 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 | Other services | 3 | $2.2M | 35.8% |
| 2 | Construction | 2 | $2.1M | 33.0% |
| 3 | Retail trade | 4 | $979K | 15.6% |
| 4 | Wholesale trade | 2 | $659K | 10.5% |
| 5 | Professional & technical services | 1 | $183K | 2.9% |
| 6 | Manufacturing | 1 | $50K | 0.8% |
| 7 | Transportation & warehousing | 1 | $50K | 0.8% |
| 8 | Administrative & waste services | 1 | $12K | 0.2% |
| 9 | Information | 1 | $10K | 0.2% |
| 10 | Health care & social assistance | 1 | $10K | 0.2% |
| 11 | Arts, entertainment & recreation | 1 | $10K | 0.2% |
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.