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County18th of 99 in North Carolina by approvalsFIPS 37089
SBA loans in Henderson 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 90 loans to businesses in Henderson County, North Carolina, in FY2021 to FY2025, worth $72.0M: 87 under 7(a) and 3 under 504.
That is 29.2 approvals per 1,000 business establishments (3,085 establishments in 2023), close to the North Carolina figure of 28.5 and below the national 41.0.
It ranks 18th of 99 North Carolina counties with approvals. In FY2025 there were 17, about level with FY2024.
42 lenders had approvals here; the most active were TD Bank, National Association (11), Live Oak Banking Company (6) and PNC Bank, National Association (5). 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 Henderson County
By number of approvals to businesses in the county, FY2021–FY2025; 42 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 11 | $1.1M | 12.2% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 6 | $9.0M | 6.7% | |
| 3 | PNC Bank, National AssociationWilmington, DE | 5 | $930K | 5.6% | |
| 4 | Mountain Bizcapital, Inc.Asheville, NC | 4 | $750K | 4.4% | |
| 5 | The Park National BankNewark, OH | 4 | $665K | 4.4% | |
| 6 | Ameris BankAtlanta, GA | 3 | $11.9M | 3.3% | |
| 7 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $5.3M | 3.3% | |
| 8 | HomeTrust BankAsheville, NC | 3 | $2.8M | 3.3% | |
| 9 | CountybankGreenwood, SC | 3 | $1.2M | 3.3% | |
| 10 | Northeast BankLewiston, ME | 3 | $488K | 3.3% | |
| 11 | The Huntington National BankColumbus, OH | 3 | $276K | 3.3% | |
| 12 | Customers BankMalvern, PA | 2 | — | 2.2% | |
| 13 | Newtek Bank, National AssociationMiami, FL | 2 | — | 2.2% | |
| 14 | United Community BankGreenville, SC | 2 | — | 2.2% | |
| 15 | The First Bank and Trust CompanyLebanon, VA | 2 | — | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 7 | 7.8% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 6 | 6.7% | |
| 3 | Traveler AccommodationNAICS 7211 | 4 | 4.4% | |
| 4 | Cutlery and Handtool ManufacturingNAICS 3322 | 3 | 3.3% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 3.3% | |
| 6 | Personal Care ServicesNAICS 8121 | 3 | 3.3% | |
| 7 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 3 | 3.3% | |
| 8 | Residential Building ConstructionNAICS 2361 | 3 | 3.3% | |
| 9 | Automobile DealersNAICS 4411 | 2 | 2.2% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 17 | 18.9% | |
| 2 | Construction | 15 | 16.7% | |
| 3 | Accommodation and Food Services | 13 | 14.4% | |
| 4 | Manufacturing | 10 | 11.1% | |
| 5 | Other Services (except Public Administration) | 7 | 7.8% | |
| 6 | Professional, Scientific, and Technical Services | 5 | 5.6% | |
| 7 | Health Care and Social Assistance | 5 | 5.6% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 5 | 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* | 8 | $1.0M | $107K | 2 | — | 10 | 69 |
| FY2025 | 17 | $4.6M | $250K | 0 | — | 17 | 103 |
| FY2024 | 18 | $12.2M | $290K | 0 | — | 18 | 350 |
| FY2023 | 15 | $13.8M | $467K | 2 | — | 17 | 351 |
| FY2022 | 19 | $17.3M | $150K | 1 | — | 20 | 351 |
| FY2021 | 18 | $23.1M | $545K | 0 | — | 18 | 310 |
| FY2020 | 22 | $11.6M | $260K | 0 | — | 22 | 212 |
| FY2019 | 16 | $3.0M | $100K | 2 | — | 18 | 114 |
| FY2018 | 24 | $6.9M | $79K | 1 | — | 25 | 266 |
| FY2017 | 16 | $6.9M | $97K | 1 | — | 17 | 187 |
| FY2016 | 10 | $2.5M | $80K | 2 | — | 12 | 151 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 94 approvals.
Against North Carolina and the country
| FY2021–FY2025 | Henderson County | North Carolina | United States |
|---|---|---|---|
| Approvals | 90 | 7,353 | 342,825 |
| Approvals per 1,000 establishments | 29.2 | 28.5 | 41.0 |
| Median 7(a) approval | $300K | $326K | $190K |
| Median 504 approval | $288K | $753K | $657K |
| Average approval | $800K | $731K | $573K |
| 504 share of approvals | 3.3% | 6.4% | 11.0% |
| Jobs supported per approval, as reported | 16.3 | 12.2 | 10.5 |
| Share of state approvals | 1.2% | 100.0% | — |
Approval sizes
- $50,000 or less14.4%13
- $50,001 to $150,00021.1%19
- $150,001 to $350,00021.1%19
- $350,001 to $1 million17.8%16
- $1 million to $2 million14.4%13
- Over $2 million11.1%10
Age of the businesses
- Existing, more than 2 years old56.7%51
- New business, 2 years or less20.0%18
- Startup, loan funds will open the business13.3%12
- Change of ownership10.0%9
Questions and answers
Which lenders make the most SBA loans in Henderson County?
By approvals in FY2021 to FY2025: TD Bank, National Association (11), Live Oak Banking Company (6), PNC Bank, National Association (5), Mountain Bizcapital, Inc. (4), The Park National Bank (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Henderson County?
The median 7(a) approval was $300K and the median 504 approval $288K; the North Carolina 7(a) median was $326K.
Which industries get the most SBA loans in Henderson County?
Restaurants and Other Eating Places (7); Building Equipment Contractors (6); Traveler Accommodation (4); Cutlery and Handtool Manufacturing (3); Other Specialty Trade Contractors (3).
Is SBA lending in Henderson County rising?
Approvals in the three latest complete fiscal years total 52, against 60 in the three before: falling (-13%).
How does Henderson County compare with the rest of North Carolina?
29.2 approvals per 1,000 establishments against 28.5 statewide, and 90 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