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SBA 7(a) record
First Bank, Southern Pines, NC: SBA 7(a) loans made
First Bank, Southern Pines, NC, a bank based in Southern Pines, NC, made 179 SBA 7(a) loans in the 36 months ending September 30, 2026, $182.2M in all, net of cancelled approvals. The typical loan was about $710K, and 43 were in the last 12 months. Most were in North Carolina.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 179
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $182M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $710K
- SBA FOIA,
- Largest loan
- $4.6M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 43
- SBA FOIA,
Cite this
Source: The Lender Report, First Bank, Southern Pines, NC: SBA 7(a) loans made, https://lender.report/lender/first-bank-nc/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | North Carolina | SBA 7(a), Fine Arts Schools | $4.3M | 8.75% | 26 yr | SBA FOIA | |
| Sep 2026 | Virginia | SBA 7(a), Fitness and Recreational Sports Centers | $1.5M | 8.75% | 10 yr | SBA FOIA | |
| Sep 2026 | Virginia | SBA 7(a), Offices of Lawyers | $1.2M | 9.5% | 10 yr | SBA FOIA | |
| Sep 2026 | North Carolina | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $880K | 9% | 17 yr | SBA FOIA | |
| Sep 2026 | North Carolina | SBA 7(a), Residential Remodelers | $570K | 9.25% | 10 yr | SBA FOIA | |
| Aug 2026 | North Carolina | SBA 7(a), Retail Trade | $1.3M | 9.5% | 25 yr | SBA FOIA | |
| Aug 2026 | North Carolina | SBA 7(a), Full-Service Restaurants | $350K | 9.75% | 10 yr | SBA FOIA | |
| Aug 2026 | North Carolina | SBA 7(a), Drinking Places (Alcoholic Beverages) | $190K | 9.5% | 10 yr | SBA FOIA | |
| Aug 2026 | North Carolina | SBA 7(a), Retail Trade | $100K | 9.5% | 10 yr | SBA FOIA | |
| Jul 2026 | South Carolina | SBA 7(a), Manufacturing | $2.4M | 9.25% | 10 yr | SBA FOIA | |
| Jul 2026 | South Carolina | SBA 7(a), Educational Services | $2.1M | 8.75% | 25 yr | SBA FOIA | |
| Jul 2026 | Florida | SBA 7(a), Transportation and Warehousing | $1.9M | 9.25% | 15 yr | SBA FOIA | |
| Jul 2026 | Texas | SBA 7(a), Insurance Agencies and Brokerages | $810K | 9% | 10 yr | SBA FOIA | |
| Jul 2026 | North Carolina | SBA 7(a), Janitorial Services | $310K | 9.75% | 10 yr | SBA FOIA | |
| Jul 2026 | North Carolina | SBA 7(a), Transportation and Warehousing | $200K | 9.25% | 10 yr | SBA FOIA | |
| Jul 2026 | South Carolina | SBA 7(a), Manufacturing | $100K | 9.25% | 10 yr | SBA FOIA | |
| Jun 2026 | South Carolina | SBA 7(a), Custom Computer Programming Services | $2.4M | 8.5% | 10 yr | SBA FOIA | |
| Jun 2026 | South Carolina | SBA 7(a), Used Merchandise Retailers | $2.4M | 9.25% | 10 yr | SBA FOIA | |
| Jun 2026 | South Carolina | SBA 7(a), New Single-Family Housing Construction (except For-Sale Builders) | $960K | 9.25% | 14 yr | SBA FOIA | |
| Jun 2026 | South Carolina | SBA 7(a), New Single-Family Housing Construction (except For-Sale Builders) | $100K | 9.25% | 10 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), Automotive Body, Paint, and Interior Repair and Maintenance | $1.5M | 9.75% | 10 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), All Other Personal Services | $960K | 9.25% | 25 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), Residential Remodelers | $940K | 9% | 10 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), Full-Service Restaurants | $780K | 8.75% | 10 yr | SBA FOIA | |
| May 2026 | Georgia | SBA 7(a), Full-Service Restaurants | $670K | 8.75% | 10 yr | SBA FOIA | |
| 179 SBA 7(a) loans since October 2023, net of cancelled | $182M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| North Carolina | 90 | $87.1M |
| South Carolina | 26 | $30.4M |
| California | 17 | $19.9M |
| Florida | 8 | $8.00M |
| Georgia | 8 | $7.11M |
| Colorado | 6 | $3.45M |
| Virginia | 5 | $4.61M |
| Arizona | 4 | $3.89M |
| New Jersey | 2 | $2.30M |
| Ohio | 2 | $2.10M |
| Texas | 2 | $2.31M |
| Utah | 2 | $750K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 13 | $1.24M |
| $150K to $350K | 29 | $7.01M |
| $350K to $1M | 73 | $46.5M |
| $1M to $2.5M | 51 | $81.4M |
| $2.5M or more | 13 | $46.0M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 15 | $12.4M |
| 2024 Q1 | 20 | $13.3M |
| 2024 Q2 | 19 | $28.2M |
| 2024 Q3 | 20 | $21.1M |
| 2024 Q4 | 15 | $12.7M |
| 2025 Q1 | 22 | $23.1M |
| 2025 Q2 | 10 | $14.2M |
| 2025 Q3 | 15 | $14.8M |
| 2025 Q4 | 3 | $2.18M |
| 2026 Q1 | 11 | $8.45M |
| 2026 Q2 | 13 | $13.5M |
| 2026 Q3 | 16 | $18.2M |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Residential Remodelers (236118) | 12 |
| Landscaping Services (561730) | 11 |
| Full-Service Restaurants (722511) | 9 |
| Manufacturing | 8 |
| Retail Trade | 6 |
| All Other Specialty Trade Contractors (238990) | 5 |
| Drinking Places (Alcoholic Beverages) (722410) | 5 |
| Fitness and Recreational Sports Centers (713940) | 5 |
| Insurance Agencies and Brokerages (524210) | 5 |
| Wholesale Trade | 5 |
| Couriers and Express Delivery Services (492110) | 4 |
| Furniture Retailers (449110) | 4 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 142 |
| SBA Express Program | 26 |
| 7a General | 6 |
| International Trade Loans | 5 |
- First Bank, Southern Pines, NC made 179 SBA 7(a) loans totaling $182.2M in the 36 months ending September 30, 2026, net of cancelled approvals, in 19 states. SBA FOIA,
- 43 of them were in the 12 months to September 30, 2026, and 62 in the 12 months before. SBA FOIA,
- The typical loan was about $710K, with the middle half between $370K and $1.4M. SBA FOIA,
- The largest was about $4.6M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 13 loans were under $150K, and 64 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 10.25% on 179 loans, with the middle half between 9.50% and 11.00%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Residential Remodelers, with 12. SBA FOIA,
- The SBA file lists 142 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in North Carolina (90), South Carolina (26) and California (17). SBA FOIA,
What we don't know
- Whether First Bank, Southern Pines, NC is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.