SBA Loans for Sewing in North Carolina: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in North Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
5
in North Carolina
Median Loan Size
$261,700
per approval
Recent Activity
0
last 90 days through Nov 2021
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $261,700.
Key trends & insights
- Sewing in North Carolina lending is concentrated — First Community Bank, Live OAK Banking Company, Wells Fargo Bank, National Association together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- First Community Bank leads this industry with 2 approvals (40% market share) and a median loan of $215,850.
- SBA data for this industry goes through 2021-11-18 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in North Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $215,850 | |
| 2 | 1 | $995,000 | |
| 3 | 1 | $517,000 | |
| 4 | 1 | $183,500 |
Recent SBA 7(a) approvals for Sewing in North Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-10 | BayFirst National Bank | Lak*****LLC | LITTLETON, NC | $150,000 |
| 2021-11 | Wells Fargo Bank National Association | Bet*****LLC | BLACK MOUNTAIN, NC | $517,000 |
| 2021-10 | Mountain Bizcapital, Inc. | Dee*****LLC | Black Mountain, NC | $135,000 |
| 2021-06 | Mountain Bizcapital, Inc. | Com*****LLC | Asheville, NC | $183,500 |
| 2021-06 | First Community Bank | Equ*****.C. | MOUNT AIRY, NC | $261,700 |
| 2021-05 | Truist Bank | NC *****LLC | Durham, NC | $872,000 |
| 2021-05 | Truist Bank | NC *****LLC | Durham, NC | $50,000 |
| 2021-03 | First National Bank of Pennsylvania | FN****LLC | HUNTERSVILLE, NC | $1,493,700 |
| 2021-03 | First National Bank of Pennsylvania | SLA*****LLC | HATTERAS, NC | $230,000 |
| 2020-09 | Live Oak Banking Company | TW'*****LLC | NAGS HEAD, NC | $4,140,000 |
| 2020-09 | Live Oak Banking Company | TW'*****LLC | NAGS HEAD, NC | $350,000 |
| 2020-08 | Live Oak Banking Company | Sas*****LLC | BLACK MOUNTAIN, NC | $995,000 |
| 2020-08 | Mountain Bizcapital, Inc. | McC*****LLC | OLD FORT, NC | $250,000 |
| 2020-08 | First Community Bank | Tee*****LLC | Jonesville, NC | $170,000 |
| 2020-03 | Bank of America, National Association | RIP*****LLC | Durham, NC | $438,400 |
| 2019-10 | Southern Bank and Trust Company | GAM*****LLC | Belhaven, NC | $75,000 |
| 2019-10 | First-Citizens Bank & Trust Company | MCC*****INC | BLOWING ROCK, NC | $592,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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