North Carolina · Education
SBA loans for education in North Carolina
327 loans worth $170.3M approved since FY2010 for educational services projects located in North Carolina.
Loans
327
Approved
$170.3M
Median loan
$235,000
+57% vs sector nationally
Median rate
7.65%
Jobs supported
3,188
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to education in North Carolina
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Business Expansion Funding Corporation | 23 | $16.3M | |
| First National Bank of Pennsylvania | 15 | $15.5M | |
| Live Oak Banking Company | 7 | $11.7M | |
| United Community Bank | 9 | $9.2M | |
| Wells Fargo Bank | 50 | $9.0M | |
| First Bank | 8 | $7.5M | |
| Carolina Business Capital, Inc. | 4 | $6.7M | |
| SouthState Bank | 3 | $5.8M |
Detail
Which industries inside the sector
All SBA lending in North Carolina
21,235 loans across every sector.
Education nationally
15,349 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to education businesses in North Carolina?
- 327 SBA loans totalling $170,294,000 have been approved for educational services projects in North Carolina since FY2010.
- Which lenders finance education in North Carolina?
- The most active by dollars approved are Business Expansion Funding Corporation, First National Bank of Pennsylvania, Live Oak Banking Company, United Community Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for education in North Carolina?
- The median approval is $235,000, 57% above the national median for this sector ($150,000).
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