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 |
|---|---|---|---|---|
| 2025-01 | Newtek Bank, National Association | Fer*****LLC | Huntersville, NC | $500,000 |
| 2024-12 | First Community Bank | Ced*****LLC | LENOIR, NC | $207,000 |
| 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 |
| 2024-03 | Readycap Lending, LLC | Lun*****LLC | PROSPECT HILL, 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 |
| 2022-02 | 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 |
| 2021-08 | Dogwood State Bank | Sco*****Inc | Sharpsburg, NC | $50,000 |
| 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 |
| 2020-06 | First National Bank of Pennsylvania | H&H*****LLC | CHARLOTTE, NC | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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