SBA 7(a) lenders in Wake, NC

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

182 institutions have SBA 7(a) loans on record in Wake, together $1.77B across 3,441 loans. Live Oak Banking Company is the largest, with 9% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Live Oak Banking Company	134	$155.6M	8.8%	0.00%
2	First National Bank of Pennsylvania	158	$142.1M	8.0%	3.73%
3	Wells Fargo Bank National Association	401	$109.2M	6.2%	3.12%
4	Truist Bank	305	$105.5M	6.0%	2.30%
5	TowneBank	69	$66.9M	3.8%	0.08%
6	The Huntington National Bank	171	$64.4M	3.6%	0.53%
7	North State Bank	75	$58.3M	3.3%	1.05%
8	The Fidelity Bank	60	$48.6M	2.7%	0.00%
9	Pinnacle Bank	57	$48.1M	2.7%	2.39%
10	Celtic Bank Corporation	99	$38.9M	2.2%	3.81%
11	United Community Bank	65	$37.8M	2.1%	0.62%
12	GBank	10	$36.0M	2.0%	0.00%
13	PNC Bank, National Association	79	$34.8M	2.0%	3.66%
14	Newtek Bank, National Association	68	$32.9M	1.9%	0.00%
15	Citizens Bank	37	$32.3M	1.8%	0.00%
16	First-Citizens Bank & Trust Company	52	$32.0M	1.8%	0.00%
17	Fifth Third Bank	44	$29.1M	1.6%	2.40%
18	BankUnited, National Association	26	$28.8M	1.6%	0.72%
19	Regions Bank	22	$28.0M	1.6%	2.77%
20	Readycap Lending, LLC	66	$27.5M	1.6%	3.29%
21	Capital Bank, National Association	27	$26.2M	1.5%	0.00%
22	Bank of Oak Ridge	35	$24.1M	1.4%	0.00%
23	HomeTrust Bank	20	$23.7M	1.3%	1.08%
24	Bank of America, National Association	52	$21.9M	1.2%	1.97%
25	TD Bank, National Association	17	$20.7M	1.2%	0.51%
26	SouthState Bank, National Association	34	$19.7M	1.1%	3.71%
27	Northeast Bank	88	$18.2M	1.0%	0.00%
28	First Bank of the Lake	28	$18.0M	1.0%	0.00%
29	The Bancorp Bank National Association	25	$17.3M	1.0%	0.00%
30	Newtek Small Business Finance, LLC	28	$17.2M	1.0%	0.00%
31	First Horizon Bank	65	$15.6M	0.9%	0.77%
32	Stearns Bank National Association	46	$13.7M	0.8%	0.17%
33	Gulf Coast Bank and Trust Company	17	$13.2M	0.7%	0.61%
34	Byline Bank	12	$13.1M	0.7%	0.00%
35	Ameris Bank	17	$12.3M	0.7%	12.55%
36	Simmons Bank	25	$10.8M	0.6%	0.00%
37	Bank Five Nine	11	$10.0M	0.6%	0.00%
38	BayFirst National Bank	52	$9.8M	0.6%	11.87%
39	United Midwest Savings Bank National Association	58	$9.6M	0.5%	3.89%
40	First Bank	17	$9.3M	0.5%	4.55%
41	Banc of California	13	$9.3M	0.5%	0.00%
42	CIBC Bank USA	8	$8.5M	0.5%	0.00%
43	First Merchants Bank	8	$8.4M	0.5%	0.00%
44	Pathward National Association	3	$8.2M	0.5%	0.00%
45	Customers Bank	2	$7.8M	0.4%	0.00%
46	Columbia Bank	28	$7.7M	0.4%	2.90%
47	Coastal States Bank	6	$7.5M	0.4%	0.00%
48	Harvest Small Business Finance, LLC	6	$7.2M	0.4%	0.00%
49	Carolina Small Business Development Fund	51	$6.7M	0.4%	3.88%
50	Beacon Bank and Trust	6	$5.6M	0.3%	0.00%
51	America First Federal Credit Union	2	$5.3M	0.3%	0.00%
52	Banesco USA	3	$5.2M	0.3%	0.00%
53	Centerstone SBA Lending, Inc.	3	$4.9M	0.3%	0.00%
54	Leader Bank, National Association	3	$4.8M	0.3%	0.00%
55	Shoreham Bank	3	$4.8M	0.3%	0.00%
56	Wilmington Savings Fund Society FSB	3	$4.8M	0.3%	1.82%
57	First Community Bank	11	$4.7M	0.3%	0.00%
58	VelocitySBA, LLC	201	$4.6M	0.3%	6.70%
59	First Security Bank of Nevada	2	$4.4M	0.2%	0.00%
60	First Internet Bank of Indiana	2	$4.3M	0.2%	0.00%
61	American Pride Bank	1	$4.0M	0.2%	0.00%
62	ConnectOne Bank	7	$3.9M	0.2%	0.00%
63	Bank OZK	1	$3.9M	0.2%	0.00%
64	Happen Bank	7	$3.9M	0.2%	0.00%
65	1st Financial Bank USA	1	$3.7M	0.2%	0.00%
66	Heritage Bank Inc	3	$3.4M	0.2%	0.00%
67	T Bank, National Association	2	$3.3M	0.2%	24.68%
68	Transact Bank, National Association	1	$3.3M	0.2%	0.00%
69	Mechanics and Farmers Bank	8	$3.2M	0.2%	0.00%
70	Business Carolina, Inc.	4	$3.2M	0.2%	2.94%
71	CoVantage CU	1	$3.1M	0.2%	0.00%
72	Truliant FCU	5	$3.0M	0.2%	0.00%
73	United Business Bank	1	$3.0M	0.2%	0.00%
74	Port 51 Lending LLC	5	$3.0M	0.2%	0.00%
75	First Business Bank	3	$2.9M	0.2%	0.00%
76	Five Star Bank	13	$2.9M	0.2%	16.12%
77	FinWise Bank	3	$2.9M	0.2%	0.00%
78	First Western SBLC, LLC d/b/a Peachtree Group	1	$2.8M	0.2%	0.00%
79	Community West Bank	9	$2.8M	0.2%	32.26%
80	Vallant Bank	3	$2.8M	0.2%	0.00%
81	PCB Bank	1	$2.7M	0.2%	0.00%
82	Magnifi Financial CU	7	$2.7M	0.2%	0.00%
83	Northwest Bank	2	$2.7M	0.2%	0.00%
84	Coastal Federal Credit Union	41	$2.6M	0.1%	0.00%
85	Meridian Bank	4	$2.6M	0.1%	0.00%
86	Lendistry SBLC, LLC	15	$2.6M	0.1%	0.00%
87	Blue Ridge Bank National Association	5	$2.5M	0.1%	9.75%
88	Quaint Oak Bank	4	$2.5M	0.1%	0.00%
89	Southern Bank and Trust Company	7	$2.5M	0.1%	0.00%
90	Oconee State Bank	2	$2.4M	0.1%	0.00%
91	Hanmi Bank	4	$2.3M	0.1%	0.00%
92	Georgia Banking Company	3	$2.3M	0.1%	0.00%
93	First Bank	3	$2.2M	0.1%	0.00%
94	First Bank of Central Ohio	2	$2.2M	0.1%	0.00%
95	Firstrust Savings Bank	1	$2.2M	0.1%	0.00%
96	United Bank	9	$2.1M	0.1%	1.07%
97	GBC International Bank	5	$2.1M	0.1%	0.00%
98	United Bank	4	$2.0M	0.1%	0.00%
99	22nd State Bank, A Division of 22nd State Banking Company	4	$2.0M	0.1%	0.00%
100	Fund-Ex Solutions Group, LLC	3	$2.0M	0.1%	0.00%
101	Hanover Community Bank	2	$2.0M	0.1%	0.00%
102	Wachovia SBA Lending, Inc.	2	$1.9M	0.1%	0.00%
103	Climate First Bank	3	$1.8M	0.1%	0.00%
104	CRF Small Business Loan Company, LLC	5	$1.7M	0.1%	13.15%
105	Bank of Hope	19	$1.7M	0.1%	12.12%
106	First Commonwealth Bank	2	$1.7M	0.1%	0.00%
107	PlainsCapital Bank	1	$1.6M	0.1%	0.00%
108	PromiseOne Bank	3	$1.5M	0.1%	0.00%
109	Bank of Ann Arbor	1	$1.5M	0.1%	0.00%
110	CenTrust Bank, A Division of SmartBiz Bank National Association	7	$1.3M	0.1%	0.00%
111	Evolve Bank and Trust	1	$1.3M	0.1%	0.00%
112	FWBank	1	$1.3M	0.1%	0.00%
113	Popular Bank	6	$1.2M	0.1%	25.30%
114	JPMorgan Chase Bank, National Association	9	$1.2M	0.1%	2.49%
115	United FCU	1	$1.2M	0.1%	0.00%
116	Self-Help Credit Union	22	$1.1M	0.1%	7.66%
117	Integro Bank	1	$1.1M	0.1%	0.00%
118	BancFirst	3	$1.0M	0.1%	0.00%
119	Paragon Bank	3	$1.0M	0.1%	0.00%
120	First Financial Bank	1	$986K	0.1%	0.00%
121	Titan Bank, National Association	1	$965K	0.1%	0.00%
122	Highland Bank	2	$913K	0.1%	0.00%
123	Thread Bank	4	$901K	0.1%	1.37%
124	Independence Bank	8	$900K	0.1%	17.73%
125	Capital Bank, National Association	7	$900K	0.1%	0.00%
126	KeyBank National Association	2	$780K	0.0%	0.00%
127	Equity Bank	1	$775K	0.0%	0.00%
128	Colony Bank	3	$768K	0.0%	0.00%
129	Hometown Bank	1	$760K	0.0%	0.00%
130	Atlantic Union Bank	2	$759K	0.0%	0.00%
131	National Cooperative Bank, National Association	1	$725K	0.0%	11.50%
132	The Bank of Edison	1	$677K	0.0%	0.00%
133	Zions Bancorporation, National Association	1	$655K	0.0%	0.00%
134	CDC Small Business Finance Corp.	5	$655K	0.0%	0.00%
135	Peoples Bank	1	$640K	0.0%	0.00%
136	UniBank	1	$637K	0.0%	0.00%
137	Genesee Regional Bank	1	$625K	0.0%	0.00%
138	Uwharrie Bank	1	$569K	0.0%	0.00%
139	KS Bank, Inc.	3	$552K	0.0%	0.00%
140	Florida Capital Bank, National Association	3	$525K	0.0%	28.00%
141	Grasshopper Bank National Association	1	$512K	0.0%	0.00%
142	Commonwealth Business Bank	1	$510K	0.0%	0.00%
143	Seacoast National Bank	2	$500K	0.0%	11.82%
144	Triad Business Bank	1	$500K	0.0%	0.00%
145	CapitalSpring SBLC, LLC	1	$490K	0.0%	0.00%
146	Carolina Community Impact, Inc.	3	$461K	0.0%	36.93%
147	City National Bank of Florida	1	$450K	0.0%	0.00%
148	Third Coast Bank	1	$437K	0.0%	0.00%
149	Waukegan Savings Bank	1	$400K	0.0%	0.00%
150	Institute Capital, Inc.	3	$383K	0.0%	0.00%
151	Poppy Bank	1	$373K	0.0%	0.00%
152	FDIC - Community Bank & Trust-West Georgia	1	$358K	0.0%	0.00%
153	Luminate Bank	1	$350K	0.0%	0.00%
154	Business Development Corporation of South Carolina	1	$347K	0.0%	0.00%
155	Vision One CU	1	$330K	0.0%	0.00%
156	The Bank of Houston	2	$324K	0.0%	0.00%
157	Prism Bank	1	$315K	0.0%	0.00%
158	First Financial Bank, National Association	1	$304K	0.0%	0.00%
159	Manufacturers and Traders Trust Company	4	$300K	0.0%	31.73%
160	Old National Bank	2	$300K	0.0%	0.00%
161	Accordia Bank	1	$264K	0.0%	0.00%
162	Select Bank	2	$260K	0.0%	0.00%
163	Metro City Bank	1	$250K	0.0%	0.00%
164	Stone Bank	1	$250K	0.0%	0.00%
165	Shinhan Bank America	1	$230K	0.0%	0.00%
166	First Citizens Bank	1	$230K	0.0%	0.00%
167	Cache Valley Bank	1	$225K	0.0%	0.00%
168	East West Bank	1	$210K	0.0%	0.00%
169	Capital One National Association	5	$195K	0.0%	51.56%
170	The Commercial and Savings Bank of Millersburg, Ohio	1	$190K	0.0%	0.00%
171	Platinum Bank	1	$183K	0.0%	0.00%
172	Skyla Federal Credit Union	1	$172K	0.0%	0.00%
173	Texas Bank	1	$164K	0.0%	0.00%
174	Self-Help FCU	1	$150K	0.0%	0.00%
175	CommerceWest Bank	1	$150K	0.0%	0.00%
176	United Bank of Philadelphia	1	$150K	0.0%	0.00%
177	Bankwell Bank	1	$125K	0.0%	0.00%
178	Bar Harbor Bank & Trust	1	$100K	0.0%	0.00%
179	Hancock Whitney Bank	1	$75K	0.0%	0.00%
180	U.S. Bank, National Association	2	$74K	0.0%	0.00%
181	Kinecta FCU	1	$53K	0.0%	0.00%
182	Chartway FCU	1	$15K	0.0%	96.97%

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	571	$358.1M	20.2%
2	Health care & social assistance	380	$282.9M	16.0%
3	Other services	404	$159.4M	9.0%
4	Professional & technical services	399	$159.1M	9.0%
5	Construction	274	$125.8M	7.1%
6	Retail trade	215	$107.1M	6.0%
7	Arts, entertainment & recreation	174	$101.7M	5.7%
8	Administrative & waste services	224	$67.9M	3.8%
9	Wholesale trade	102	$60.3M	3.4%
10	Educational services	85	$52.7M	3.0%
11	Transportation & warehousing	114	$49.8M	2.8%
12	Real estate & leasing	55	$44.3M	2.5%
13	Manufacturing	62	$43.8M	2.5%
14	Retail trade	143	$42.8M	2.4%
15	Manufacturing	54	$35.4M	2.0%
16	Finance & insurance	60	$32.7M	1.8%
17	Manufacturing	52	$18.2M	1.0%
18	Information	43	$17.6M	1.0%
19	Mining & extraction	2	$4.7M	0.3%
20	Transportation & warehousing	19	$4.6M	0.3%
21	Public administration	3	$2.9M	0.2%
22	Utilities	2	$650K	0.0%
23	Agriculture, forestry & fishing	4	$219K	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.