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North Carolina · Manufacturing
SBA loans for manufacturing in North Carolina
499 loans worth $291.6M approved since FY2010 for manufacturing projects located in North Carolina.
Loans
499
Approved
$291.6M
Median loan
$250,000
+25% vs sector nationally
Median rate
7.00%
Jobs supported
6,929
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 manufacturing in North Carolina
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Business Expansion Funding Corporation | 46 | $43.3M | |
| TowneBank | 29 | $23.0M | |
| Live Oak Banking Company | 14 | $21.0M | |
| First National Bank of Pennsylvania | 38 | $19.1M | |
| Pinnacle Bank | 11 | $14.0M | |
| Capital Bank | 7 | $9.5M | |
| Regions Bank | 4 | $9.5M | |
| Wells Fargo Bank | 32 | $8.8M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for manufacturing in North Carolina since FY2010 was $250,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in North Carolina
21,235 loans across every sector.
Manufacturing nationally
21,271 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to manufacturing businesses in North Carolina?
- 499 SBA loans totalling $291,569,100 have been approved for manufacturing projects in North Carolina since FY2010.
- Which lenders finance manufacturing in North Carolina?
- The most active by dollars approved are Business Expansion Funding Corporation, TowneBank, Live Oak Banking Company, First National Bank of Pennsylvania. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for manufacturing in North Carolina?
- The median approval is $250,000, 25% above the national median for this sector ($200,000).
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