SBA Loans for Electrical Contractors in North Carolina: Top Lenders
NAICS 238NAICS 238 covers roofing contractors businesses in North Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
129
in North Carolina
Median Loan Size
$275,000
per approval
Recent Activity
7
last 90 days through Nov 2025
NAICS 238 covers roofing contractors businesses. This is a moderately active sector for SBA 7(a) lending with 129 approvals and a median loan size of $275,000.
Key trends & insights
- No single lender dominates electrical contractors in north carolina — the top 3 hold just 25% of approvals across 20+ active lenders. Borrowers have plenty of options to shop around.
Most active SBA lenders for Electrical Contractors in North Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 10 | $268,700 | |
| 2 | 8 | $125,050 | |
| 3 | 7 | $725,000 | |
| 4 | 7 | $1,254,000 | |
| 5 | 6 | $55,000 | |
| 6 | 6 | $20,000 | |
| 7 | 6 | $116,000 | |
| 8 | 6 | $150,000 | |
| 9 | 5 | $60,000 | |
| 10 | 5 | $550,000 | |
| 11 | 4 | $443,350 | |
| 12 | 4 | $83,000 | |
| 13 | 4 | $2,550,000 | |
| 14 | 4 | $1,352,500 | |
| 15 | 4 | $400,000 | |
| 16 | 3 | $350,000 | |
| 17 | 3 | $100,000 | |
| 18 | 3 | $372,500 | |
| 19 | 3 | $565,000 | |
| 20 | 3 | $472,000 |
Recent SBA 7(a) approvals for Electrical Contractors in North Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Pinnacle Bank | PPB*****LLC | CHARLOTTE, NC | $200,000 |
| 2025-12 | Pinnacle Bank | PPB*****LLC | CHARLOTTE, NC | $4,800,000 |
| 2025-12 | SouthState Bank, National Association | SCH*****LLC | CHARLOTTE, NC | $782,000 |
| 2025-12 | Live Oak Banking Company | COA*****LLC | WILMINGTON, NC | $400,000 |
| 2025-12 | First Community Bank | Yad*****nc. | RONDA, NC | $115,000 |
| 2025-11 | The Huntington National Bank | Rob*****LLC | CHARLOTTE, NC | $231,200 |
| 2025-11 | United Midwest Savings Bank National Association | Eun*****LLC | MATTHEWS, NC | $790,000 |
| 2025-11 | Northeast Bank | TC *****LLC | POWELLS POINT, NC | $40,000 |
| 2025-11 | First Internet Bank of Indiana | Sol*****LLC | MOORESVILLE, NC | $1,860,000 |
| 2025-11 | Cadence Bank | AVM*****LLC | CHARLOTTE, NC | $150,000 |
| 2025-11 | Atlantic Union Bank | ABC*****Inc | ROCKY MOUNT, NC | $1,772,000 |
| 2025-11 | Readycap Lending, LLC | Bel*****any | MORAVIAN FALLS, NC | $32,000 |
| 2025-11 | Wells Fargo Bank National Association | BTE*****LLC | KANNAPOLIS, NC | $5,000 |
| 2025-09 | Dogwood State Bank | EME*****LLC | Greensboro, NC | $882,000 |
| 2025-09 | Northeast Bank | MSC*****LLC | Midland, NC | $350,000 |
| 2025-09 | Northeast Bank | Tri*****nc. | Snow Hill, NC | $150,000 |
| 2025-09 | Countybank | Mas*****nc. | New London, NC | $774,000 |
| 2025-09 | First Bank of the Lake | Mr.*****tte | MIDLAND, NC | $120,000 |
| 2025-09 | TD Bank, National Association | Hom*****LLC | CHARLOTTE, NC | $120,000 |
| 2025-09 | United Midwest Savings Bank National Association | Kin*****EST | Belmont, NC | $150,000 |
| 2025-08 | Celtic Bank Corporation | Nel*****nc. | Havelock, NC | $150,000 |
| 2025-08 | United Midwest Savings Bank National Association | JHP*****ary | MORRISVILLE, NC | $275,000 |
| 2025-08 | The Huntington National Bank | Bul*****LLC | DURHAM, NC | $1,350,000 |
| 2025-08 | Port 51 Lending LLC | San*****rp. | Raleigh, NC | $1,030,000 |
| 2025-08 | First Bank of the Lake | Gat*****152 | PINEVILLE, NC | $560,000 |
| 2025-08 | U.S. Bank, National Association | FLO*****LLC | DENVER, NC | $62,300 |
| 2025-07 | SouthState Bank, National Association | Gar*****LLC | Raleigh, NC | $200,000 |
| 2025-07 | Northeast Bank | CAR*****LLC | CORNELIUS, NC | $350,000 |
| 2025-07 | SouthState Bank, National Association | Gar*****LLC | Raleigh, NC | $200,000 |
| 2025-07 | Northeast Bank | ROO*****LLC | YOUNGSVILLE, NC | $350,000 |
| 2025-07 | The Huntington National Bank | HG&*****LLC | DENVER, NC | $250,000 |
| 2025-06 | First-Citizens Bank & Trust Company | Bui*****any | APEX, NC | $500,000 |
| 2025-06 | JPMorgan Chase Bank, National Association | Ser*****Llc | TROUTMAN, NC | $350,000 |
| 2025-06 | Readycap Lending, LLC | NCH*****com | RALEIGH, NC | $334,000 |
| 2025-06 | Readycap Lending, LLC | DGK*****ion | CHARLOTTE, NC | $254,000 |
| 2025-06 | Northeast Bank | Tri*****nc. | Snow Hill, NC | $150,000 |
| 2025-06 | Northeast Bank | Bad*****Co. | Shelby, NC | $105,000 |
| 2025-06 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Sil*****LLC | LEXINGTON, NC | $165,000 |
| 2025-05 | Newtek Bank, National Association | Pri*****ort | Charlotte, NC | $500,000 |
| 2025-05 | Celtic Bank Corporation | Pai*****LLC | WAKE FOREST, NC | $2,900 |
| 2025-05 | The Huntington National Bank | CAR*****LLC | DURHAM, NC | $1,581,700 |
| 2025-05 | The Huntington National Bank | CAR*****LLC | DURHAM, NC | $250,000 |
| 2025-04 | First Horizon Bank | Rev*****LLC | BLANCH, NC | $913,500 |
| 2025-04 | Northeast Bank | REA*****NC. | Ocean Isle Beach, NC | $250,000 |
| 2025-04 | Lendistry SBLC, LLC | COU*****NC. | Graham, NC | $150,000 |
| 2025-04 | Northeast Bank | KPM*****INC | Mooresville, NC | $350,000 |
| 2025-04 | Newtek Bank, National Association | Air*****LLC | Goldsboro, NC | $140,000 |
| 2025-04 | Northeast Bank | Pri*****LLC | Lenoir, NC | $250,000 |
| 2025-04 | BayFirst National Bank | MSC*****LLC | MIDLAND, NC | $150,000 |
| 2025-04 | Grasshopper Bank National Association | SMI*****LLC | RURAL HALL, NC | $255,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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