SBA lending data · fiscal year 2025

14 lenders funded new single-family housing construction (except for-sale builders) in North Carolina last year

40 SBA 7(a) loans approved under NAICS 236115. Median approval $250,000, median term 120 months, median initial rate 10%.

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What was actually approved

40
loans approved
14
distinct lenders
$81k
25th percentile
$500k
75th percentile

Half of all approvals in this industry and state fell between $80,625 and $500,000. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.

The most active lenders

Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.

  1. 1Northeast Bank15 loans · $2.3M
  2. 2Leader Bank, National Association6 loans · $15M
  3. 31st Financial Bank USA3 loans · $3.6M
  4. 4TD Bank, National Association3 loans · $0.3M
  5. 5JPMorgan Chase Bank, National Association2 loans · $0.1M
  6. 6Newtek Bank, National Association2 loans · $0.5M
  7. 7Celtic Bank Corporation2 loans · $0.3M
  8. 8SouthState Bank, National Association1 loan · $0.2M
  9. 9Lendistry SBLC, LLC1 loan · $0.2M
  10. 10Wells Fargo Bank National Association1 loan · $0M
  11. 11The Huntington National Bank1 loan · $0.5M
  12. 12Readycap Lending, LLC1 loan · $0.4M

This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.

Is this industry getting easier or harder to finance?

Fiscal yearLoansLendersMedian approval
FY202396$731,000
FY20241611$287,500
FY20254014$250,000

Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.

Where this comes from

The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.

This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other industries in North Carolina

New Single-Family Housing Construction (except For-Sale Builders) in other states

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