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County29th of 99 in North Carolina by approvalsFIPS 37085
SBA loans in Harnett County, North Carolina
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 54 loans to businesses in Harnett County, North Carolina, in FY2021 to FY2025, worth $40.7M: 49 under 7(a) and 5 under 504.
That is 27.6 approvals per 1,000 business establishments (1,960 establishments in 2023), close to the North Carolina figure of 28.5 and below the national 41.0.
It ranks 29th of 99 North Carolina counties with approvals. In FY2025 there were 12, down 29% on FY2024.
31 lenders had approvals here; the most active were Business Expansion Funding Corporation (5), United Midwest Savings Bank National Association (4) and Newtek Bank, National Association (4). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Harnett County
By number of approvals to businesses in the county, FY2021–FY2025; 31 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Business Expansion Funding CorporationCharlotte, NC · CDC | 5 | $7.7M | 9.3% | |
| 2 | United Midwest Savings Bank National AssociationDe Graff, OH | 4 | $6.2M | 7.4% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 4 | $278K | 7.4% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $70K | 7.4% | |
| 5 | TowneBankPortsmouth, VA | 3 | $3.3M | 5.6% | |
| 6 | Northeast BankLewiston, ME | 3 | $340K | 5.6% | |
| 7 | The First Bank and Trust CompanyLebanon, VA | 2 | — | 3.7% | |
| 8 | Truist BankCharlotte, NC | 2 | — | 3.7% | |
| 9 | TD Bank, National AssociationWilmington, DE | 2 | — | 3.7% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 2 | — | 3.7% | |
| 11 | PNC Bank, National AssociationWilmington, DE | 2 | — | 3.7% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 3.7% | |
| 13 | North State BankRaleigh, NC | 1 | — | 1.9% | |
| 14 | HomeTrust BankAsheville, NC | 1 | — | 1.9% | |
| 15 | The Fidelity BankFuquay Varina, NC | 1 | — | 1.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 7 | 13.0% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 7.4% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 7.4% | |
| 4 | Traveler AccommodationNAICS 7211 | 3 | 5.6% | |
| 5 | Vegetable and Melon FarmingNAICS 1112 | 2 | 3.7% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 2 | 3.7% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 2 | 3.7% | |
| 8 | Warehouse Clubs, Supercenters, and Other General Merchandise RetailersNAICS 4552 | 2 | 3.7% | |
| 9 | Warehousing and StorageNAICS 4931 | 1 | 1.9% | |
| 10 | Death Care ServicesNAICS 8122 | 1 | 1.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 10 | 18.5% | |
| 2 | Other Services (except Public Administration) | 8 | 14.8% | |
| 3 | Retail Trade | 8 | 14.8% | |
| 4 | Arts, Entertainment, and Recreation | 5 | 9.3% | |
| 5 | Health Care and Social Assistance | 5 | 9.3% | |
| 6 | Manufacturing | 4 | 7.4% | |
| 7 | Transportation and Warehousing | 3 | 5.6% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 3 | 5.6% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 12 | $1.2M | $51K | 0 | — | 12 | 49 |
| FY2025 | 12 | $5.1M | $152K | 0 | — | 12 | 85 |
| FY2024 | 14 | $8.6M | $250K | 3 | $5.4M | 17 | 203 |
| FY2023 | 10 | $5.7M | $153K | 0 | — | 10 | 325 |
| FY2022 | 4 | $6.7M | $1.9M | 2 | — | 6 | 271 |
| FY2021 | 9 | $7.0M | $384K | 0 | — | 9 | 189 |
| FY2020 | 4 | $7.3M | $1.6M | 0 | — | 4 | 42 |
| FY2019 | 5 | $2.7M | $100K | 0 | — | 5 | 10 |
| FY2018 | 2 | — | — | 1 | — | 3 | 76 |
| FY2017 | 13 | $6.6M | $315K | 0 | — | 13 | 204 |
| FY2016 | 8 | $3.6M | $150K | 2 | — | 10 | 60 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 35 approvals.
Against North Carolina and the country
| FY2021–FY2025 | Harnett County | North Carolina | United States |
|---|---|---|---|
| Approvals | 54 | 7,353 | 342,825 |
| Approvals per 1,000 establishments | 27.6 | 28.5 | 41.0 |
| Median 7(a) approval | $336K | $326K | $190K |
| Median 504 approval | $1.6M | $753K | $657K |
| Average approval | $753K | $731K | $573K |
| 504 share of approvals | 9.3% | 6.4% | 11.0% |
| Jobs supported per approval, as reported | 19.9 | 12.2 | 10.5 |
| Share of state approvals | 0.7% | 100.0% | — |
Approval sizes
- $50,000 or less24.1%13
- $50,001 to $150,00013.0%7
- $150,001 to $350,00014.8%8
- $350,001 to $1 million22.2%12
- $1 million to $2 million14.8%8
- Over $2 million11.1%6
Age of the businesses
- Existing, more than 2 years old46.3%25
- New business, 2 years or less27.8%15
- Startup, loan funds will open the business14.8%8
- Change of ownership11.1%6
Questions and answers
Which lenders make the most SBA loans in Harnett County?
By approvals in FY2021 to FY2025: Business Expansion Funding Corporation (5), United Midwest Savings Bank National Association (4), Newtek Bank, National Association (4), Wells Fargo Bank National Association (4), TowneBank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Harnett County?
The median 7(a) approval was $336K and the median 504 approval $1.6M; the North Carolina 7(a) median was $326K.
Which industries get the most SBA loans in Harnett County?
Restaurants and Other Eating Places (7); Automotive Repair and Maintenance (4); Other Amusement and Recreation Industries (4); Traveler Accommodation (3); Vegetable and Melon Farming (2).
Is SBA lending in Harnett County rising?
Approvals in the three latest complete fiscal years total 39, against 19 in the three before: rising (+105%).
How does Harnett County compare with the rest of North Carolina?
27.6 approvals per 1,000 establishments against 28.5 statewide, and 54 of the state's 7,353 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error