North State Bank approved 186 SBA loans worth $142.8M between October 2021 and June 2026, ranking #225 of 2,283 SBA lenders nationally by loan count. Its median loan was $577,250, and 48% went to startups or businesses under two years old. It lent in 28 states, most often in North Carolina, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| North Carolina | 45 | $43.1M | $743,000 | #39 |
| Florida | 37 | $28.1M | $795,000 | #79 |
| Texas | 17 | $10.2M | $500,000 | #164 |
| California | 14 | $6.8M | $441,000 | #156 |
| Georgia | 13 | $9.1M | $504,000 | #104 |
| New York | 7 | $3.5M | $433,000 | #133 |
| Arizona | 7 | $4.6M | $501,000 | #89 |
| Michigan | 5 | $4.1M | $572,000 | #116 |
| Washington | 5 | $2.9M | $404,000 | #101 |
| Indiana | 4 | $3.2M | $372,000 | #113 |
| Utah | 4 | $2.9M | $720,000 | #77 |
| Kentucky | 3 | $3.9M | $975,000 | #68 |
| Tennessee | 3 | $893K | $332,400 | #131 |
| Ohio | 3 | $1.9M | $466,500 | #145 |
| South Carolina | 3 | $4.8M | $1,434,000 | #115 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 42 | $583,100 | |
| Health care and social assistance | 24 | $494,500 | |
| Other services (repair, personal care) | 22 | $735,500 | |
| Administrative and support services | 18 | $522,500 | |
| Retail | 16 | $451,000 | |
| Manufacturing | 14 | $778,750 | |
| Construction | 14 | $381,000 | |
| Professional and technical services | 8 | $556,300 | |
| Transportation and warehousing | 7 | $504,000 | |
| Wholesale trade | 5 | $1,113,000 |