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County35th of 99 in North Carolina by approvalsFIPS 37087
SBA loans in Haywood 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.
Businesses in Haywood County, North Carolina, received 45 SBA loan approvals worth $33.1M in FY2021 to FY2025 (42 7(a), 3 504).
That is 29.1 approvals per 1,000 business establishments (1,546 establishments in 2023), close to the North Carolina figure of 28.5 and below the national 41.0.
It ranks 35th of 99 North Carolina counties with approvals. In FY2025 there were 11.
27 lenders had approvals here; the most active were Mountain Bizcapital, Inc. (5), Live Oak Banking Company (3) and Readycap Lending, LLC (3). The most common industry was traveler accommodation.
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 Haywood County
By number of approvals to businesses in the county, FY2021–FY2025; 27 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mountain Bizcapital, Inc.Asheville, NC | 5 | $1.1M | 11.1% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 3 | $4.2M | 6.7% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $1.1M | 6.7% | |
| 4 | SouthState Bank, National AssociationWinter Haven, FL | 3 | $782K | 6.7% | |
| 5 | First BankSouthern Pines, NC | 2 | — | 4.4% | |
| 6 | GBankLas Vegas, NV | 2 | — | 4.4% | |
| 7 | Business Expansion Funding CorporationCharlotte, NC · CDC | 2 | — | 4.4% | |
| 8 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 4.4% | |
| 9 | Truist BankCharlotte, NC | 2 | — | 4.4% | |
| 10 | Bank Five NineOconomowoc, WI | 2 | — | 4.4% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 4.4% | |
| 12 | The Huntington National BankColumbus, OH | 2 | — | 4.4% | |
| 13 | First Internet Bank of IndianaFishers, IN | 1 | — | 2.2% | |
| 14 | PromiseOne BankDuluth, GA | 1 | — | 2.2% | |
| 15 | Commonwealth Business BankLos Angeles, CA | 1 | — | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 13 | 28.9% | |
| 2 | Furniture and Home Furnishings RetailersNAICS 4491 | 4 | 8.9% | |
| 3 | Lessors of Real EstateNAICS 5311 | 3 | 6.7% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 6.7% | |
| 5 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 2 | 4.4% | |
| 6 | Residential Building ConstructionNAICS 2361 | 2 | 4.4% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 4.4% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 4.4% | |
| 9 | Offices of PhysiciansNAICS 6211 | 1 | 2.2% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 1 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 20 | 44.4% | |
| 2 | Retail Trade | 7 | 15.6% | |
| 3 | Construction | 4 | 8.9% | |
| 4 | Real Estate and Rental and Leasing | 3 | 6.7% | |
| 5 | Manufacturing | 3 | 6.7% | |
| 6 | Professional, Scientific, and Technical Services | 3 | 6.7% | |
| 7 | Health Care and Social Assistance | 2 | 4.4% | |
| 8 | Other Services (except Public Administration) | 2 | 4.4% |
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* | 11 | $6.6M | $350K | 0 | — | 11 | 61 |
| FY2025 | 11 | $13.0M | $610K | 0 | — | 11 | 131 |
| FY2024 | 7 | $3.9M | $300K | 1 | — | 8 | 25 |
| FY2023 | 5 | $4.2M | $125K | 0 | — | 5 | 80 |
| FY2022 | 9 | $3.4M | $350K | 1 | — | 10 | 69 |
| FY2021 | 10 | $6.2M | $572K | 1 | — | 11 | 247 |
| FY2020 | 9 | $4.2M | $345K | 0 | — | 9 | 119 |
| FY2019 | 10 | $3.4M | $50K | 0 | — | 10 | 40 |
| FY2018 | 7 | $2.3M | $40K | 0 | — | 7 | 97 |
| FY2017 | 9 | $5.1M | $118K | 0 | — | 9 | 69 |
| FY2016 | 8 | $3.3M | $191K | 0 | — | 8 | 35 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 43 approvals.
Against North Carolina and the country
| FY2021–FY2025 | Haywood County | North Carolina | United States |
|---|---|---|---|
| Approvals | 45 | 7,353 | 342,825 |
| Approvals per 1,000 establishments | 29.1 | 28.5 | 41.0 |
| Median 7(a) approval | $375K | $326K | $190K |
| Median 504 approval | $697K | $753K | $657K |
| Average approval | $735K | $731K | $573K |
| 504 share of approvals | 6.7% | 6.4% | 11.0% |
| Jobs supported per approval, as reported | 12.3 | 12.2 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less8.9%4
- $50,001 to $150,00015.6%7
- $150,001 to $350,00015.6%7
- $350,001 to $1 million42.2%19
- $1 million to $2 million11.1%5
- Over $2 million6.7%3
Age of the businesses
- Existing, more than 2 years old37.8%17
- New business, 2 years or less17.8%8
- Startup, loan funds will open the business26.7%12
- Change of ownership17.8%8
Questions and answers
Which lenders make the most SBA loans in Haywood County?
By approvals in FY2021 to FY2025: Mountain Bizcapital, Inc. (5), Live Oak Banking Company (3), Readycap Lending, LLC (3), SouthState Bank, National Association (3), First Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Haywood County?
The median 7(a) approval was $375K and the median 504 approval $697K; the North Carolina 7(a) median was $326K.
Which industries get the most SBA loans in Haywood County?
Traveler Accommodation (13); Furniture and Home Furnishings Retailers (4); Lessors of Real Estate (3); Restaurants and Other Eating Places (3); Drinking Places (Alcoholic Beverages) (2).
Is SBA lending in Haywood County rising?
Approvals in the three latest complete fiscal years total 24, against 30 in the three before: falling (-20%).
How does Haywood County compare with the rest of North Carolina?
29.1 approvals per 1,000 establishments against 28.5 statewide, and 45 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