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North State Bank
RALEIGH, NC · Active Lender · National rank #196
North State Bank approved 41 SBA 7(a) loans in FY2025, ranking #196 nationally by volume. Its average loan size was about $809,907, with the most activity in Florida, North Carolina, and Texas.
North State Bank, headquartered in Raleigh, NC, is an SBA 7(a) lender according to FY2025 SBA 7(a) lender activity data. During this period, the bank approved 41 SBA 7(a) loans totaling $33,206,200 in approved loan dollars, with SBA guaranty dollars amounting to $25,021,500. The average loan size across these transactions was $809,907, reflecting a focus on relatively larger loan amounts compared to many community lenders.
Based on FY2025 volume, North State Bank ranks #196 nationally among SBA 7(a) lenders. Its lending activity spans multiple states, with the highest concentrations in Florida (9 loans), North Carolina (8 loans), and Texas (6 loans). Beyond these top three states, the bank also reported approved SBA loans in Michigan, California, Indiana, New York, Arizona, Missouri, Kentucky, South Carolina, Ohio, and Washington, indicating a lending footprint that extends well beyond its North Carolina headquarters.
This distribution across 14 states suggests North State Bank operates with a broader-than-local reach for its SBA 7(a) lending, rather than being confined strictly to its home state. All figures presented here are drawn exclusively from FY2025 SBA 7(a) lender activity data and do not reflect interest rates, underwriting criteria, approval likelihood, or other loan terms, which are not included in this dataset.
Where North State Bank lends
| State | Loans | Dollars |
|---|---|---|
| North Carolina | 8 | $8,534,500 |
| Florida | 9 | $6,848,000 |
| Texas | 6 | $3,287,700 |
| Missouri | 1 | $3,218,000 |
| Indiana | 2 | $2,460,000 |
| Kentucky | 1 | $1,975,500 |
| New York | 2 | $1,546,000 |
| Michigan | 3 | $1,317,000 |
| California | 3 | $1,158,000 |
| South Carolina | 1 | $1,040,000 |
| Arizona | 2 | $712,000 |
| Ohio | 1 | $466,500 |
| Colorado | 1 | $392,000 |
| Washington | 1 | $251,000 |
Questions people ask
Is North State Bank an SBA lender?
Yes, North State Bank participates in the SBA 7(a) loan program, according to FY2025 SBA activity data.
How many SBA 7(a) loans did North State Bank approve in FY2025?
North State Bank approved 41 SBA 7(a) loans in FY2025.
What is North State Bank's average SBA loan size?
The average loan size was $809,907 in FY2025.
What was North State Bank's total approved loan volume in FY2025?
Total approved loan dollars were $33,206,200, with $25,021,500 in SBA guaranty dollars.
Where is North State Bank headquartered?
North State Bank is headquartered in Raleigh, NC.
Where is North State Bank most active with SBA lending?
Its top states by loan count are Florida (9 loans), North Carolina (8 loans), and Texas (6 loans).
Is North State Bank a national or regional SBA lender?
North State Bank reported SBA 7(a) loans in 14 states, suggesting activity beyond its home state of North Carolina, though its FY2025 volume is modest at a national level.
How does North State Bank rank by SBA loan volume?
North State Bank ranks #196 nationally in FY2025 SBA 7(a) loan volume.
How many states did North State Bank serve in FY2025?
North State Bank's FY2025 SBA loans were reported across 14 states, including FL, NC, TX, MI, CA, IN, NY, AZ, MO, KY, SC, OH, CO, and WA.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with North State Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.