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County37th of 99 in North Carolina by approvalsFIPS 37167
SBA loans in Stanly 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 Stanly County, North Carolina, received 43 SBA loan approvals worth $30.6M in FY2021 to FY2025 (38 7(a), 5 504).
That is 29.5 approvals per 1,000 business establishments (1,459 establishments in 2023), close to the North Carolina figure of 28.5 and below the national 41.0.
It ranks 37th of 99 North Carolina counties with approvals. In FY2025 there were 9.
21 lenders had approvals here; the most active were Wells Fargo Bank National Association (6), First Financial Bank (5) and Live Oak Banking Company (4). 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 Stanly County
By number of approvals to businesses in the county, FY2021–FY2025; 21 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National AssociationSioux Falls, SD | 6 | $307K | 14.0% | |
| 2 | First Financial BankEl Dorado, AR | 5 | $4.8M | 11.6% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 4 | $3.8M | 9.3% | |
| 4 | GBankLas Vegas, NV | 3 | $8.7M | 7.0% | |
| 5 | Pinnacle BankNashville, TN | 3 | $2.1M | 7.0% | |
| 6 | Carolina Business Capital, Inc.Charlotte, NC · CDC | 3 | $1.1M | 7.0% | |
| 7 | Northeast BankLewiston, ME | 3 | $218K | 7.0% | |
| 8 | Business Expansion Funding CorporationCharlotte, NC · CDC | 2 | — | 4.7% | |
| 9 | TD Bank, National AssociationWilmington, DE | 2 | — | 4.7% | |
| 10 | Enterprise Bank & TrustClayton, MO | 1 | — | 2.3% | |
| 11 | East West BankPasadena, CA | 1 | — | 2.3% | |
| 12 | Bank of Oak RidgeOak Ridge, NC | 1 | — | 2.3% | |
| 13 | PromiseOne BankDuluth, GA | 1 | — | 2.3% | |
| 14 | Enterprise Bank of South CarolinaEhrhardt, SC | 1 | — | 2.3% | |
| 15 | Happen BankLehi, UT | 1 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 5 | 11.6% | |
| 2 | Poultry and Egg ProductionNAICS 1123 | 5 | 11.6% | |
| 3 | Gasoline StationsNAICS 4571 | 2 | 4.7% | |
| 4 | Lessors of Real EstateNAICS 5311 | 2 | 4.7% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 4.7% | |
| 6 | Printing and Related Support ActivitiesNAICS 3231 | 2 | 4.7% | |
| 7 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 4.7% | |
| 8 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 1 | 2.3% | |
| 9 | Other Personal ServicesNAICS 8129 | 1 | 2.3% | |
| 10 | Gasoline StationsNAICS 4471 | 1 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 10 | 23.3% | |
| 2 | Accommodation and Food Services | 7 | 16.3% | |
| 3 | Other Services (except Public Administration) | 6 | 14.0% | |
| 4 | Agriculture, Forestry, Fishing and Hunting | 5 | 11.6% | |
| 5 | Manufacturing | 3 | 7.0% | |
| 6 | Transportation and Warehousing | 3 | 7.0% | |
| 7 | Construction | 3 | 7.0% | |
| 8 | Real Estate and Rental and Leasing | 2 | 4.7% |
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* | 2 | — | — | 1 | — | 3 | 26 |
| FY2025 | 9 | $6.4M | $425K | 0 | — | 9 | 45 |
| FY2024 | 7 | $3.3M | $399K | 0 | — | 7 | 35 |
| FY2023 | 7 | $3.1M | $250K | 1 | — | 8 | 26 |
| FY2022 | 11 | $10.3M | $778K | 4 | $3.5M | 15 | 79 |
| FY2021 | 4 | $3.8M | $576K | 0 | — | 4 | 25 |
| FY2020 | 3 | $478K | $204K | 2 | — | 5 | 26 |
| FY2019 | 2 | — | — | 0 | — | 2 | 25 |
| FY2018 | 7 | $4.9M | $500K | 2 | — | 9 | 153 |
| FY2017 | 5 | $3.7M | $430K | 0 | — | 5 | 75 |
| FY2016 | 7 | $1.6M | $50K | 0 | — | 7 | 8 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 28 approvals.
Against North Carolina and the country
| FY2021–FY2025 | Stanly County | North Carolina | United States |
|---|---|---|---|
| Approvals | 43 | 7,353 | 342,825 |
| Approvals per 1,000 establishments | 29.5 | 28.5 | 41.0 |
| Median 7(a) approval | $412K | $326K | $190K |
| Median 504 approval | $274K | $753K | $657K |
| Average approval | $711K | $731K | $573K |
| 504 share of approvals | 11.6% | 6.4% | 11.0% |
| Jobs supported per approval, as reported | 4.9 | 12.2 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less16.3%7
- $50,001 to $150,0009.3%4
- $150,001 to $350,00020.9%9
- $350,001 to $1 million32.6%14
- $1 million to $2 million9.3%4
- Over $2 million11.6%5
Age of the businesses
- Existing, more than 2 years old41.9%18
- New business, 2 years or less27.9%12
- Startup, loan funds will open the business11.6%5
- Change of ownership18.6%8
Questions and answers
Which lenders make the most SBA loans in Stanly County?
By approvals in FY2021 to FY2025: Wells Fargo Bank National Association (6), First Financial Bank (5), Live Oak Banking Company (4), GBank (3), Pinnacle Bank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Stanly County?
The median 7(a) approval was $412K and the median 504 approval $274K; the North Carolina 7(a) median was $326K.
Which industries get the most SBA loans in Stanly County?
Traveler Accommodation (5); Poultry and Egg Production (5); Gasoline Stations (2); Lessors of Real Estate (2); Automotive Repair and Maintenance (2).
Is SBA lending in Stanly County rising?
Approvals in the three latest complete fiscal years total 24, against 24 in the three before: broadly level (0%).
How does Stanly County compare with the rest of North Carolina?
29.5 approvals per 1,000 establishments against 28.5 statewide, and 43 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