SBA 7(a) lenders in Wake, NC

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

Lenders

181 institutions have SBA 7(a) loans on record in Wake, together $1.72B across 3,367 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	128	$153.3M	8.9%	0.00%
2	First National Bank of Pennsylvania	158	$142.1M	8.3%	3.73%
3	Wells Fargo Bank National Association	400	$108.7M	6.3%	3.13%
4	Truist Bank	304	$105.2M	6.1%	2.30%
5	TowneBank	69	$66.9M	3.9%	0.00%
6	The Huntington National Bank	161	$58.7M	3.4%	0.58%
7	North State Bank	75	$58.3M	3.4%	1.05%
8	Pinnacle Bank	56	$46.7M	2.7%	2.46%
9	The Fidelity Bank	56	$46.0M	2.7%	0.00%
10	Celtic Bank Corporation	98	$38.8M	2.3%	3.66%
11	United Community Bank	64	$37.1M	2.2%	0.64%
12	PNC Bank, National Association	79	$34.8M	2.0%	3.66%
13	Citizens Bank	36	$32.0M	1.9%	0.00%
14	First-Citizens Bank & Trust Company	49	$31.5M	1.8%	0.00%
15	GBank	9	$31.0M	1.8%	0.00%
16	Newtek Bank, National Association	60	$30.6M	1.8%	0.00%
17	BankUnited, National Association	26	$28.8M	1.7%	0.72%
18	Readycap Lending, LLC	64	$26.6M	1.5%	3.40%
19	Regions Bank	21	$25.7M	1.5%	3.01%
20	Capital Bank, National Association	26	$25.6M	1.5%	0.00%
21	Fifth Third Bank	43	$24.7M	1.4%	2.82%
22	HomeTrust Bank	20	$23.7M	1.4%	1.08%
23	Bank of Oak Ridge	31	$21.7M	1.3%	0.00%
24	Bank of America, National Association	51	$21.0M	1.2%	2.05%
25	TD Bank, National Association	15	$19.9M	1.2%	0.53%
26	SouthState Bank, National Association	34	$19.7M	1.1%	3.30%
27	Northeast Bank	85	$17.7M	1.0%	0.00%
28	The Bancorp Bank National Association	25	$17.3M	1.0%	0.00%
29	Newtek Small Business Finance, Inc.	28	$17.2M	1.0%	0.00%
30	First Bank of the Lake	26	$16.6M	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	0.8%	0.61%
34	Byline Bank	11	$12.6M	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	0.6%	4.98%
40	Banc of California	13	$9.3M	0.5%	0.00%
41	First Bank	16	$9.0M	0.5%	4.71%
42	CIBC Bank USA	8	$8.5M	0.5%	0.00%
43	Pathward National Association	3	$8.2M	0.5%	0.00%
44	Customers Bank	2	$7.8M	0.5%	0.00%
45	Columbia Bank	28	$7.7M	0.4%	2.90%
46	Coastal States Bank	6	$7.5M	0.4%	0.00%
47	First Merchants Bank	7	$7.4M	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	Leader Bank, National Association	3	$4.8M	0.3%	0.00%
53	Shoreham Bank	3	$4.8M	0.3%	0.00%
54	Wilmington Savings Fund Society FSB	3	$4.8M	0.3%	1.82%
55	First Security Bank of Nevada	2	$4.4M	0.3%	0.00%
56	First Community Bank	10	$4.3M	0.3%	0.00%
57	First Internet Bank of Indiana	2	$4.3M	0.3%	0.00%
58	American Pride Bank	1	$4.0M	0.2%	0.00%
59	ConnectOne Bank	7	$3.9M	0.2%	0.00%
60	Bank OZK	1	$3.9M	0.2%	0.00%
61	Happen Bank	7	$3.9M	0.2%	0.00%
62	1st Financial Bank USA	1	$3.7M	0.2%	0.00%
63	VelocitySBA, LLC	198	$3.6M	0.2%	8.73%
64	Heritage Bank Inc	3	$3.4M	0.2%	0.00%
65	T Bank, National Association	2	$3.3M	0.2%	24.68%
66	Transact Bank, National Association	1	$3.3M	0.2%	0.00%
67	Mechanics and Farmers Bank	8	$3.2M	0.2%	0.00%
68	Business Carolina, Inc.	4	$3.2M	0.2%	2.94%
69	CoVantage CU	1	$3.1M	0.2%	0.00%
70	United Business Bank	1	$3.0M	0.2%	0.00%
71	First Business Bank	3	$2.9M	0.2%	0.00%
72	Five Star Bank	13	$2.9M	0.2%	16.12%
73	FinWise Bank	3	$2.9M	0.2%	0.00%
74	First Western SBLC, LLC	1	$2.8M	0.2%	0.00%
75	Community West Bank	9	$2.8M	0.2%	32.26%
76	Vallant Bank	3	$2.8M	0.2%	0.00%
77	PCB Bank	1	$2.7M	0.2%	0.00%
78	Truliant FCU	4	$2.7M	0.2%	0.00%
79	Magnifi Financial CU	7	$2.7M	0.2%	0.00%
80	Coastal Federal Credit Union	41	$2.6M	0.2%	0.00%
81	Meridian Bank	4	$2.6M	0.2%	0.00%
82	Port 51 Lending LLC	4	$2.6M	0.2%	0.00%
83	Blue Ridge Bank National Association	5	$2.5M	0.1%	9.75%
84	Quaint Oak Bank	4	$2.5M	0.1%	0.00%
85	Southern Bank and Trust Company	7	$2.5M	0.1%	0.00%
86	Oconee State Bank	2	$2.4M	0.1%	0.00%
87	Hanmi Bank	4	$2.3M	0.1%	0.00%
88	Georgia Banking Company	3	$2.3M	0.1%	0.00%
89	First Bank	3	$2.2M	0.1%	0.00%
90	First Bank of Central Ohio	2	$2.2M	0.1%	0.00%
91	Firstrust Savings Bank	1	$2.2M	0.1%	0.00%
92	Lendistry SBLC, LLC	13	$2.2M	0.1%	0.00%
93	United Bank	9	$2.1M	0.1%	1.07%
94	GBC International Bank	5	$2.1M	0.1%	0.00%
95	United Bank	4	$2.0M	0.1%	0.00%
96	22nd State Bank, A Division of 22nd State Banking Company	4	$2.0M	0.1%	0.00%
97	Fund-Ex Solutions Group, LLC	3	$2.0M	0.1%	0.00%
98	Hanover Community Bank	2	$2.0M	0.1%	0.00%
99	Wachovia SBA Lending, Inc.	2	$1.9M	0.1%	0.00%
100	Centerstone SBA Lending, Inc.	2	$1.8M	0.1%	0.00%
101	CRF Small Business Loan Company, LLC	5	$1.7M	0.1%	13.15%
102	Bank of Hope	19	$1.7M	0.1%	12.12%
103	First Commonwealth Bank	2	$1.7M	0.1%	0.00%
104	PlainsCapital Bank	1	$1.6M	0.1%	0.00%
105	PromiseOne Bank	3	$1.5M	0.1%	0.00%
106	Bank of Ann Arbor	1	$1.5M	0.1%	0.00%
107	CenTrust Bank, A Division of SmartBiz Bank National Association	7	$1.3M	0.1%	0.00%
108	Evolve Bank and Trust	1	$1.3M	0.1%	0.00%
109	FWBank	1	$1.3M	0.1%	0.00%
110	Popular Bank	6	$1.2M	0.1%	25.30%
111	Climate First Bank	2	$1.2M	0.1%	0.00%
112	JPMorgan Chase Bank, National Association	9	$1.2M	0.1%	0.00%
113	United FCU	1	$1.2M	0.1%	0.00%
114	Self-Help Credit Union	22	$1.1M	0.1%	7.66%
115	Integro Bank	1	$1.1M	0.1%	0.00%
116	BancFirst	3	$1.0M	0.1%	0.00%
117	Paragon Bank	3	$1.0M	0.1%	0.00%
118	First Financial Bank	1	$986K	0.1%	0.00%
119	Titan Bank, National Association	1	$965K	0.1%	0.00%
120	Highland Bank	2	$913K	0.1%	0.00%
121	Thread Bank	4	$901K	0.1%	1.37%
122	Capital Bank, National Association	7	$900K	0.1%	0.00%
123	Independence Bank	8	$900K	0.1%	17.73%
124	KeyBank National Association	2	$780K	0.0%	0.00%
125	Equity Bank	1	$775K	0.0%	0.00%
126	Colony Bank	3	$768K	0.0%	0.00%
127	Hometown Bank	1	$760K	0.0%	0.00%
128	National Cooperative Bank, National Association	1	$725K	0.0%	11.50%
129	The Bank of Edison	1	$677K	0.0%	0.00%
130	CDC Small Business Finance Corp.	5	$655K	0.0%	0.00%
131	Zions Bank, A Division of	1	$655K	0.0%	0.00%
132	Banesco USA	1	$640K	0.0%	0.00%
133	Peoples Bank	1	$640K	0.0%	0.00%
134	UniBank	1	$637K	0.0%	0.00%
135	Genesee Regional Bank	1	$625K	0.0%	0.00%
136	Uwharrie Bank	1	$569K	0.0%	0.00%
137	Atlantic Union Bank	1	$559K	0.0%	0.00%
138	KS Bank, Inc.	3	$552K	0.0%	0.00%
139	Florida Capital Bank, National Association	3	$525K	0.0%	28.00%
140	Grasshopper Bank National Association	1	$512K	0.0%	0.00%
141	Commonwealth Business Bank	1	$510K	0.0%	0.00%
142	Triad Business Bank	1	$500K	0.0%	0.00%
143	Seacoast National Bank	2	$500K	0.0%	11.82%
144	CapitalSpring SBLC, LLC	1	$490K	0.0%	0.00%
145	Carolina Community Impact, Inc.	3	$461K	0.0%	36.93%
146	City National Bank of Florida	1	$450K	0.0%	0.00%
147	Third Coast Bank	1	$437K	0.0%	0.00%
148	Waukegan Savings Bank	1	$400K	0.0%	0.00%
149	Institute Capital, Inc.	3	$383K	0.0%	0.00%
150	Poppy Bank	1	$373K	0.0%	0.00%
151	FDIC - Community Bank & Trust-West Georgia	1	$358K	0.0%	0.00%
152	Luminate Bank	1	$350K	0.0%	0.00%
153	Business Development Corporation of South Carolina	1	$347K	0.0%	0.00%
154	Vision One CU	1	$330K	0.0%	0.00%
155	The Bank of Houston	2	$324K	0.0%	0.00%
156	Prism Bank	1	$315K	0.0%	0.00%
157	First Financial Bank, National Association	1	$304K	0.0%	0.00%
158	Manufacturers and Traders Trust Company	4	$300K	0.0%	31.73%
159	Old National Bank	2	$300K	0.0%	0.00%
160	Capital Community Bank	1	$264K	0.0%	0.00%
161	Metro City Bank	1	$250K	0.0%	0.00%
162	Stone Bank	1	$250K	0.0%	0.00%
163	Shinhan Bank America	1	$230K	0.0%	0.00%
164	First Citizens Bank	1	$230K	0.0%	0.00%
165	Cache Valley Bank	1	$225K	0.0%	0.00%
166	East West Bank	1	$210K	0.0%	0.00%
167	Capital One National Association	5	$195K	0.0%	51.56%
168	The Commercial and Savings Bank of Millersburg, Ohio	1	$190K	0.0%	0.00%
169	Platinum Bank	1	$183K	0.0%	0.00%
170	Skyla Federal Credit Union	1	$172K	0.0%	0.00%
171	Texas Bank	1	$164K	0.0%	0.00%
172	United Bank of Philadelphia	1	$150K	0.0%	0.00%
173	Self-Help FCU	1	$150K	0.0%	0.00%
174	CommerceWest Bank	1	$150K	0.0%	0.00%
175	Select Bank	1	$135K	0.0%	0.00%
176	Bankwell Bank	1	$125K	0.0%	0.00%
177	Bar Harbor Bank & Trust	1	$100K	0.0%	0.00%
178	Hancock Whitney Bank	1	$75K	0.0%	0.00%
179	U.S. Bank, National Association	2	$74K	0.0%	0.00%
180	Kinecta FCU	1	$53K	0.0%	0.00%
181	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	559	$345.9M	20.1%
2	Health care & social assistance	375	$276.8M	16.1%
3	Other services	399	$157.0M	9.1%
4	Professional & technical services	389	$152.7M	8.9%
5	Construction	268	$119.7M	7.0%
6	Retail trade	211	$106.1M	6.2%
7	Arts, entertainment & recreation	165	$96.6M	5.6%
8	Administrative & waste services	219	$66.1M	3.8%
9	Wholesale trade	98	$58.3M	3.4%
10	Transportation & warehousing	110	$48.1M	2.8%
11	Educational services	82	$47.4M	2.8%
12	Real estate & leasing	54	$44.3M	2.6%
13	Manufacturing	61	$43.5M	2.5%
14	Retail trade	142	$42.4M	2.5%
15	Manufacturing	54	$35.4M	2.1%
16	Finance & insurance	56	$31.9M	1.9%
17	Manufacturing	52	$18.2M	1.1%
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.