SBA acquisition lenders in North Carolina
North Carolina borrowers closed 360 SBA change-of-ownership loans from FY2025 to FY2026 Q3: $493M approved, a median deal of $807,500, and a median initial rate of 9.50%.
- Loans
- 360
- Approved
- $493M
- Median deal
- $807,500
- Median rate
- 9.50%
- Charged off
- 0.36%
FY2025 to FY2026 Q3
gross approvals
national $709,300
national 9.25%
557 FY2020-22 loans
Charge-off means SBA wrote the loan off as a loss. The rate covers the FY2020-22 approval cohort, not the window above, because recent loans have had less time to go bad, and is shown only for states with 100 or more cohort loans. Charge-off rates by lender
Most active lenders in North Carolina
Ranked by change-of-ownership loans closed in North Carolina, FY2025 to FY2026 Q3. Medians cover in-state loans only.
| Rank | Lender | Loans in NC | Median size | Median rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 68 | $550,000 | 9.25% |
| 2 | Huntington National Bank | 30 | $450,000 | 9.25% |
| 3 | Fidelity Bank | 20 | $1,052,900 | 9.75% |
| 4 | First Bank | 19 | $868,500 | 10.00% |
| 5 | GBank | 18 | $4,630,000 | 8.50% |
| 6 | TowneBank | 14 | $1,206,550 | 9.38% |
| 7 | Truliant FCU | 12 | $886,000 | 9.63% |
| 8 | Bank of Oak Ridge | 9 | $660,000 | 9.50% |
| 9 | Pinnacle Bank | 9 | $1,087,000 | 9.00% |
| 10 | Pathward National Association | 7 | $2,864,000 | 9.50% |
Lenders with fewer than 5 North Carolina loans in the window are not listed: medians from a handful of loans are not meaningful. The full national ranking is in the lender directory.
The median initial rate on North Carolina acquisition loans, 9.50%, is above the national median of 9.25% for the same window.
Run a deal at these rates
The deal analyzer prices an acquisition with current SBA terms and shows whether the numbers cover the debt.
Open the deal analyzerThe full lender directory
Every 7(a) acquisition lender in the country, searchable and sortable, with loan counts, medians, and rates.
Browse all lendersSource: SBA 7(a) FOIA file, change-of-ownership loans with ProjectState NC. Window stats cover FY2025 to FY2026 Q3, as of June 30, 2026, and refresh with each quarterly cut. Methodology. See an error? Email us and we will correct it.