SBA Loans for Machine Shops in North Carolina: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in North Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
14
in North Carolina
Median Loan Size
$448,000
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 14 approvals on record and a median loan size of $448,000.
Key trends & insights
- Dogwood State Bank leads this industry with 3 approvals (21% market share) and a median loan of $150,000.
- SBA data for this industry goes through 2025-01-14 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Machine Shops in North Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $150,000 | |
| 2 | 1 | $50,000 | |
| 3 | 1 | $2,000,000 | |
| 4 | 1 | $207,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $626,700 | |
| 7 | 1 | $150,000 | |
| 8 | 1 | $1,900,000 | |
| 9 | 1 | $5,000,000 | |
| 10 | 1 | $4,820,000 | |
| 11 | 1 | $396,000 | |
| 12 | 1 | $500,000 |
Recent SBA 7(a) approvals for Machine Shops in North Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | U.S. Bank, National Association | MET*****LLC | MOUNT AIRY, NC | $40,000 |
| 2025-12 | Pathward National Association | Had*****LLC | SANFORD, NC | $3,357,300 |
| 2025-11 | Countybank | NGU*****.C. | Concord, NC | $1,990,000 |
| 2025-11 | Northeast Bank | BLU*****.C. | Monroe, NC | $140,700 |
| 2025-09 | Live Oak Banking Company | A-L*****LLC | CONCORD, NC | $50,000 |
| 2025-09 | Live Oak Banking Company | A-L*****LLC | CONCORD, NC | $300,000 |
| 2025-09 | Northeast Bank | MET*****INC | Sanford, NC | $350,000 |
| 2025-06 | The Huntington National Bank | Fra*****LLC | FRANKLIN, NC | $200,000 |
| 2025-06 | The Huntington National Bank | Fra*****LLC | FRANKLIN, NC | $1,956,500 |
| 2025-04 | Newtek Bank, National Association | Fra*****ies | Dunn, NC | $53,000 |
| 2025-02 | Live Oak Banking Company | THR*****NC. | CHARLOTTE, NC | $500,000 |
| 2025-02 | Northeast Bank | AND*****NC. | Denver, NC | $20,000 |
| 2025-01 | Newtek Bank, National Association | Fer*****LLC | Huntersville, NC | $500,000 |
| 2024-12 | First Community Bank | Ced*****LLC | LENOIR, NC | $207,000 |
| 2024-11 | Readycap Lending, LLC | DLS*****LLC | BURLINGTON, NC | $50,000 |
| 2024-11 | First-Citizens Bank & Trust Company | U.S*****INC | GOLDSBORO, NC | $500,000 |
| 2024-10 | Newtek Bank, National Association | Mad*****LLC | Denver, NC | $200,000 |
| 2024-07 | First-Citizens Bank & Trust Company | Bea*****LLC | Bear Creek, NC | $5,000,000 |
| 2024-07 | HomeTrust Bank | RCK*****LLC | RUFFIN, NC | $396,000 |
| 2024-07 | Dogwood State Bank | Vox*****nc. | Knightdale, NC | $150,000 |
| 2024-07 | Dogwood State Bank | Vox*****nc. | Knightdale, NC | $780,000 |
| 2024-07 | Wells Fargo Bank National Association | BUL*****NC. | KNIGHTDALE, NC | $2,656,800 |
| 2024-06 | Wells Fargo Bank National Association | BUL*****NC. | KNIGHTDALE, NC | $2,573,400 |
| 2024-06 | Ameris Bank | Mic*****nc. | FLETCHER, NC | $2,746,000 |
| 2024-03 | Readycap Lending, LLC | Lun*****LLC | PROSPECT HILL, NC | $50,000 |
| 2024-03 | Readycap Lending, LLC | Axs*****LLC | Siler City, NC | $126,500 |
| 2024-03 | BayFirst National Bank | Nic*****och | CLAYTON, NC | $86,000 |
| 2023-10 | Wells Fargo Bank National Association | TRI*****LLC | STANLEY, NC | $50,000 |
| 2023-09 | Dogwood State Bank | NC *****LLC | NASHVILLE, NC | $50,000 |
| 2023-01 | First Bank | Gri*****.C. | GOLDSBORO, NC | $626,700 |
| 2022-08 | Newtek Small Business Finance, Inc. | CP *****Inc | GROVER, NC | $2,000,000 |
| 2022-07 | Bank of America, National Association | Mod*****ted | DENVER, NC | $110,000 |
| 2022-03 | Southern Bank and Trust Company | Ser*****Inc | GREENVILLE, NC | $204,000 |
| 2022-03 | First Bank | Hyd*****LLC | WINTERVILLE, NC | $326,000 |
| 2022-02 | First Horizon Bank | Ton*****nc. | Morganton, NC | $4,764,600 |
| 2022-02 | Ameris Bank | Mic*****nc. | MILLS RIVER, NC | $5,000,000 |
| 2022-02 | The Bancorp Bank National Association | Tab*****Inc | Raleigh, NC | $150,000 |
| 2021-12 | Live Oak Banking Company | ABI*****LLC | CHARLOTTE, NC | $1,900,000 |
| 2021-10 | Pinnacle Bank | I &*****LLC | Midland, NC | $1,620,000 |
| 2021-10 | CIBC Bank USA | AMF*****nc. | GASTONIA, NC | $1,954,100 |
| 2021-10 | CIBC Bank USA | AMF*****nc. | GASTONIA, NC | $350,000 |
| 2021-09 | Ameris Bank | Mic*****nc. | MILLS RIVER, NC | $4,165,000 |
| 2021-09 | Bank of Oak Ridge | Dav*****LLC | GREENSBORO, NC | $1,107,900 |
| 2021-09 | HomeTrust Bank | rc *****llc | GASTONIA, NC | $780,000 |
| 2021-08 | Dogwood State Bank | Sco*****Inc | Sharpsburg, NC | $50,000 |
| 2021-04 | Bank OZK | Bas*****LLC | ADVANCE, NC | $12,000 |
| 2021-04 | First Bank of the Lake | WIN*****INC | WINTERVILLE, NC | $4,820,000 |
| 2021-02 | First National Bank of Pennsylvania | Tri*****Inc | THOMASVILLE, NC | $200,000 |
| 2021-02 | First National Bank of Pennsylvania | Tri*****Inc | THOMASVILLE, NC | $2,375,600 |
| 2020-09 | First-Citizens Bank & Trust Company | Met*****nc. | HIGH POINT, NC | $2,691,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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