SBA Loans for Electrical Contractors in North Carolina: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in North Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
129
in North Carolina
Median Loan Size
$275,000
per approval
Recent Activity
7
last 90 days through Nov 2025
NAICS 238 covers electrical contractors businesses. This is a moderately active sector for SBA 7(a) lending with 129 approvals and a median loan size of $275,000.
Key trends & insights
- No single lender dominates electrical contractors in north carolina — the top 3 hold just 25% of approvals across 20+ active lenders. Borrowers have plenty of options to shop around.
Most active SBA lenders for Electrical Contractors in North Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 10 | $268,700 | |
| 2 | 8 | $125,050 | |
| 3 | 7 | $725,000 | |
| 4 | 7 | $1,254,000 | |
| 5 | 6 | $55,000 | |
| 6 | 6 | $20,000 | |
| 7 | 6 | $116,000 | |
| 8 | 6 | $150,000 | |
| 9 | 5 | $60,000 | |
| 10 | 5 | $550,000 | |
| 11 | 4 | $443,350 | |
| 12 | 4 | $83,000 | |
| 13 | 4 | $2,550,000 | |
| 14 | 4 | $1,352,500 | |
| 15 | 4 | $400,000 | |
| 16 | 3 | $350,000 | |
| 17 | 3 | $100,000 | |
| 18 | 3 | $372,500 | |
| 19 | 3 | $565,000 | |
| 20 | 3 | $472,000 |
Recent SBA 7(a) approvals for Electrical Contractors in North Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Cadence Bank | AVM*****LLC | CHARLOTTE, NC | $150,000 |
| 2025-08 | Celtic Bank Corporation | Nel*****nc. | Havelock, NC | $150,000 |
| 2025-08 | United Midwest Savings Bank National Association | JHP*****ary | MORRISVILLE, NC | $275,000 |
| 2025-08 | Port 51 Lending LLC | San*****rp. | Raleigh, NC | $1,030,000 |
| 2025-08 | First Bank of the Lake | Gat*****152 | PINEVILLE, NC | $560,000 |
| 2025-06 | First-Citizens Bank & Trust Company | Bui*****any | APEX, NC | $500,000 |
| 2025-06 | Northeast Bank | Tri*****nc. | Snow Hill, NC | $150,000 |
| 2025-05 | Newtek Bank, National Association | Pri*****ort | Charlotte, NC | $500,000 |
| 2025-05 | The Huntington National Bank | CAR*****LLC | DURHAM, NC | $1,581,700 |
| 2025-05 | The Huntington National Bank | CAR*****LLC | DURHAM, NC | $250,000 |
| 2025-04 | Grasshopper Bank National Association | SMI*****LLC | RURAL HALL, NC | $255,000 |
| 2025-03 | Skyline National Bank | Kel*****LLC | LENOIR, NC | $25,000 |
| 2025-03 | Northeast Bank | Tho*****Inc | ZIRCONIA, NC | $350,000 |
| 2025-02 | Readycap Lending, LLC | Dal*****ing | New Bern, NC | $500,000 |
| 2025-02 | The Huntington National Bank | Tai*****LLC | CHARLOTTE, NC | $50,000 |
| 2025-02 | The Huntington National Bank | Tai*****LLC | CHARLOTTE, NC | $326,000 |
| 2025-02 | Pinnacle Bank | Pie*****LLC | CHARLOTTE, NC | $2,939,000 |
| 2025-02 | Pinnacle Bank | Pie*****LLC | CHARLOTTE, NC | $300,000 |
| 2025-02 | Northeast Bank | Ton*****Nix | Black Mountain, NC | $20,000 |
| 2025-02 | First Bank | Out*****ina | HOLLY RIDGE, NC | $713,000 |
| 2025-02 | Live Oak Banking Company | Isl*****LLC | CHARLOTTE, NC | $500,000 |
| 2025-01 | JPMorgan Chase Bank, National Association | Eff*****Llc | CHARLOTTE, NC | $375,000 |
| 2025-01 | Northeast Bank | SJ *****LLC | WINSTON SALEM, NC | $200,000 |
| 2025-01 | Northeast Bank | SHE*****NC. | Jefferson, NC | $150,000 |
| 2024-12 | Live Oak Banking Company | Lyn*****Air | WILSON, NC | $1,220,000 |
| 2024-11 | First Bank of the Lake | Gat*****gle | RALEIGH, NC | $436,900 |
| 2024-11 | Readycap Lending, LLC | Sug*****LLC | Fairview, NC | $30,000 |
| 2024-11 | Bank of America, National Association | SCR*****LLC | CHARLOTTE, NC | $500,000 |
| 2024-10 | Northeast Bank | PHI*****INC | Millers Creek, NC | $70,000 |
| 2024-10 | First Commonwealth Bank | Alp*****nc. | DURHAM, NC | $357,100 |
| 2024-10 | Live Oak Banking Company | Org*****LLC | NEW BERN, NC | $725,000 |
| 2024-10 | Live Oak Banking Company | Org*****LLC | NEW BERN, NC | $150,000 |
| 2024-08 | Fifth Third Bank | Avs*****LLC | MATTHEWS, NC | $100,000 |
| 2024-08 | Northeast Bank | JAM*****INC | Fuquay Varina, NC | $50,000 |
| 2024-08 | Dogwood State Bank | L.D*****Inc | Durham, NC | $2,261,500 |
| 2024-08 | PNC Bank, National Association | Car*****LLC | CHAPEL HILL, NC | $100,000 |
| 2024-08 | United Midwest Savings Bank National Association | 24 *****tte | CHARLOTTE, NC | $350,000 |
| 2024-08 | SouthState Bank, National Association | Air*****LLC | BURGAW, NC | $372,500 |
| 2024-08 | SouthState Bank, National Association | Air*****LLC | WILMINGTON, NC | $792,500 |
| 2024-08 | Wells Fargo Bank National Association | LAK*****LLC | MOORESVILLE, NC | $15,000 |
| 2024-07 | The Huntington National Bank | TM**Inc | JACKSONVILLE, NC | $350,000 |
| 2024-07 | Pinnacle Bank | SUP*****LLC | APEX, NC | $1,530,000 |
| 2024-07 | The Huntington National Bank | TM**Inc | JACKSONVILLE, NC | $4,354,000 |
| 2024-05 | HomeTrust Bank | Ele*****LLC | RALEIGH, NC | $2,188,000 |
| 2024-04 | American Momentum Bank | INN*****LLC | CHARLOTTE, NC | $578,500 |
| 2024-04 | SouthState Bank, National Association | Wil*****LLC | Winston Salem, NC | $100,000 |
| 2024-04 | Newtek Bank, National Association | Ste*****Inc | Nags Head, NC | $150,000 |
| 2024-04 | Cadence Bank | NEC*****LLC | APEX, NC | $250,000 |
| 2024-03 | Northeast Bank | CHR*****LLC | BEAUFORT, NC | $100,100 |
| 2024-03 | First Community Bank | OPT*****NC. | SUGAR GROVE, NC | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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