SBA 7(a) lenders in Union, NC

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

Lenders

89 institutions have SBA 7(a) loans on record in Union, together $326.0M across 631 loans. Live Oak Banking Company is the largest, with 14% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Live Oak Banking Company	32	$44.4M	13.6%	0.00%
2	Wells Fargo Bank National Association	96	$28.3M	8.7%	2.53%
3	Truist Bank	68	$28.1M	8.6%	1.20%
4	Pinnacle Bank	25	$21.0M	6.4%	0.00%
5	The Huntington National Bank	23	$12.4M	3.8%	0.00%
6	First National Bank of Pennsylvania	27	$12.0M	3.7%	17.05%
7	SouthState Bank, National Association	12	$9.3M	2.9%	0.00%
8	Fifth Third Bank	25	$8.7M	2.7%	1.38%
9	Stearns Bank National Association	11	$8.0M	2.5%	0.00%
10	Newtek Bank, National Association	15	$7.9M	2.4%	0.00%
11	Meridian Bank	4	$7.1M	2.2%	0.00%
12	First-Citizens Bank & Trust Company	8	$6.8M	2.1%	0.00%
13	United Community Bank	9	$6.4M	2.0%	1.70%
14	Newtek Small Business Finance, Inc.	8	$6.4M	2.0%	0.00%
15	Bank of America, National Association	13	$6.2M	1.9%	0.00%
16	Readycap Lending, LLC	14	$6.0M	1.9%	2.18%
17	Embassy National Bank	3	$5.8M	1.8%	0.00%
18	TD Bank, National Association	18	$5.4M	1.7%	0.00%
19	HomeTrust Bank	9	$5.2M	1.6%	0.00%
20	GBank	2	$4.9M	1.5%	0.00%
21	PNC Bank, National Association	15	$4.6M	1.4%	29.58%
22	United Midwest Savings Bank National Association	23	$4.5M	1.4%	4.45%
23	TowneBank	5	$3.8M	1.2%	0.00%
24	Capital Bank, National Association	1	$3.5M	1.1%	0.00%
25	Stone Bank	2	$3.4M	1.0%	0.00%
26	PromiseOne Bank	1	$3.1M	1.0%	0.00%
27	Georgia Banking Company	3	$3.1M	1.0%	0.00%
28	Centerstone SBA Lending, Inc.	1	$3.0M	0.9%	0.00%
29	BayFirst National Bank	15	$2.5M	0.8%	3.81%
30	Northeast Bank	14	$2.5M	0.8%	3.77%
31	First Financial Bank	4	$2.4M	0.7%	0.00%
32	Regions Bank	4	$2.3M	0.7%	0.00%
33	First Merchants Bank	5	$2.3M	0.7%	0.00%
34	Uwharrie Bank	4	$2.2M	0.7%	0.00%
35	LCNB National Bank	1	$2.2M	0.7%	0.00%
36	First Internet Bank of Indiana	1	$2.1M	0.6%	0.00%
37	1st Financial Bank USA	1	$2.0M	0.6%	0.00%
38	First Bank	1	$2.0M	0.6%	0.00%
39	The Park National Bank	3	$1.8M	0.6%	0.00%
40	North State Bank	2	$1.7M	0.5%	0.00%
41	Midwest BankCentre	1	$1.6M	0.5%	0.00%
42	Truliant FCU	4	$1.5M	0.5%	0.00%
43	Bank Five Nine	2	$1.5M	0.5%	0.00%
44	Ameris Bank	3	$1.5M	0.4%	0.00%
45	Enterprise Bank & Trust	1	$1.3M	0.4%	0.00%
46	Simmons Bank	4	$1.1M	0.3%	22.76%
47	First Bank of the Lake	2	$1.1M	0.3%	0.00%
48	Seacoast National Bank	4	$1.1M	0.3%	0.00%
49	Celtic Bank Corporation	10	$1.0M	0.3%	13.40%
50	Midwest Regional Bank	1	$1.0M	0.3%	0.00%
51	Commonwealth Business Bank	1	$1.0M	0.3%	0.00%
52	Five Star Bank	3	$1.0M	0.3%	0.00%
53	Citizens Bank	3	$946K	0.3%	0.00%
54	First Business Bank	1	$913K	0.3%	0.00%
55	Pathward National Association	2	$903K	0.3%	0.00%
56	Paragon Bank	1	$873K	0.3%	67.98%
57	Industrial Bank	1	$845K	0.3%	43.80%
58	Harvest Small Business Finance, LLC	2	$818K	0.3%	0.00%
59	U.S. Bank, National Association	7	$705K	0.2%	0.00%
60	JPMorgan Chase Bank, National Association	3	$700K	0.2%	0.00%
61	Luminate Bank	1	$640K	0.2%	0.00%
62	Evolve Bank and Trust	1	$640K	0.2%	0.00%
63	Customers Bank	1	$628K	0.2%	0.00%
64	Happen Bank	1	$618K	0.2%	0.00%
65	East West Bank	1	$590K	0.2%	0.00%
66	First Commonwealth Bank	1	$500K	0.2%	0.00%
67	The Bancorp Bank National Association	2	$462K	0.1%	0.00%
68	Hanmi Bank	1	$454K	0.1%	0.00%
69	First Horizon Bank	3	$420K	0.1%	20.99%
70	Old National Bank	1	$417K	0.1%	0.00%
71	First Bank	1	$381K	0.1%	0.00%
72	Carolina Small Business Development Fund	1	$350K	0.1%	0.00%
73	FWBank	1	$342K	0.1%	0.00%
74	Metro City Bank	1	$320K	0.1%	0.00%
75	American Bank of the Carolinas d/b/a American Bank	1	$306K	0.1%	0.00%
76	Business Development Corporation of South Carolina	1	$270K	0.1%	0.00%
77	Lendistry SBLC, LLC	2	$270K	0.1%	0.00%
78	United Bank	1	$200K	0.1%	0.00%
79	Byline Bank	1	$180K	0.1%	0.00%
80	Columbia Bank	4	$150K	0.0%	88.27%
81	Colony Bank	1	$150K	0.0%	0.00%
82	Bank OZK	1	$150K	0.0%	0.00%
83	VelocitySBA, LLC	10	$108K	0.0%	17.75%
84	Capital One National Association	2	$100K	0.0%	49.03%
85	Skyla Federal Credit Union	1	$94K	0.0%	0.00%
86	Independence Bank	1	$75K	0.0%	96.59%
87	Centennial Bank	1	$70K	0.0%	97.12%
88	Self-Help Credit Union	1	$50K	0.0%	71.73%
89	Bank of Hope	2	$25K	0.0%	77.04%

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	58	$50.1M	15.4%
2	Health care & social assistance	59	$41.9M	12.8%
3	Other services	67	$36.1M	11.1%
4	Wholesale trade	33	$29.1M	8.9%
5	Professional & technical services	60	$27.4M	8.4%
6	Construction	82	$27.2M	8.3%
7	Retail trade	37	$18.8M	5.8%
8	Manufacturing	33	$18.6M	5.7%
9	Manufacturing	18	$17.5M	5.4%
10	Administrative & waste services	47	$12.6M	3.9%
11	Arts, entertainment & recreation	21	$9.4M	2.9%
12	Retail trade	27	$8.7M	2.7%
13	Manufacturing	16	$7.7M	2.4%
14	Agriculture, forestry & fishing	8	$7.3M	2.2%
15	Transportation & warehousing	32	$5.2M	1.6%
16	Real estate & leasing	7	$3.0M	0.9%
17	Finance & insurance	9	$2.8M	0.9%
18	Educational services	11	$1.8M	0.6%
19	Information	5	$775K	0.2%
20	Transportation & warehousing	1	$150K	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.