GOOD
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
577
2010–2026
Total Volume
$476M
Gross loan amounts
States Active
40
With recorded loans
Programs
7(a) & 504
577 total segments
North State Bank primarily focuses on startups, with 50% of their SBA deals going to new businesses. This could be a great fit if you're launching a new venture.
The bank offers competitive pricing with an average 7(a) spread of P+2.43%, which is lower than the national median of P+2.75%. This could save you money on interest.
Despite a significant total volume of $476M, North State Bank's growth trend shows a decline of 36% year-over-year. This may indicate a tightening of lending standards.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 14 504 loans, which use fixed SBA debenture rates.
Top 15 of 40 states where North State Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Hotels & Accommodation
Accommodation & Food Services
Nursing & Residential Care
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Specialty Trade Contractors
Construction
Other Health Practitioners
Health Care & Social Assistance
Manufacturing
Manufacturing
+ 7 more
All recorded SBA lending activity for North State Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| North Carolina · Restaurants & Food Service · $150K – $350K | 7(a) | 15 | P+2.75% | $273K | Q2 2023 |
| Florida · Nursing & Residential Care · $500K – $1M | 7(a) | 11 | P+2.50% | $775K | Q3 2023 |
| Florida · Nursing & Residential Care · $150K – $350K | 7(a) | 8 | P+2.75% | $279K | Q2 2021 |
| North Carolina · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+2.75% | $637K | Q3 2024 |
| North Carolina · Arts, Entertainment & Recreation · $350K – $500K | 7(a) | 6 | P+2.63% | $436K | Q4 2025 |
| North Carolina · Hotels & Accommodation · $1M – $2M | 7(a) | 5 | P+2.50% | $1.4M | Q3 2020 |
| North Carolina · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 5 | P+2.75% | $276K | Q1 2024 |
| North Carolina · Hotels & Accommodation · $2M – $5M | 7(a) | 5 | P+2.00% | $2.9M | Q4 2025 |
| North Carolina · Auto Repair & Maintenance · $500K – $1M | 7(a) | 5 | P+2.00% | $833K | Q4 2022 |
| North Carolina · Specialty Trade Contractors · $150K – $350K | 7(a) | 5 | P+2.75% | $271K | Q3 2022 |
| New York · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+2.75% | $248K | Q4 2021 |
| California · Restaurants & Food Service · $500K – $1M | 7(a) | 5 | P+2.50% | $702K | Q2 2025 |
| Georgia · Finance & Insurance · $150K – $350K | 7(a) | 4 | P+2.50% | $289K | Q2 2022 |
| Tennessee · Restaurants & Food Service · $500K – $1M | 7(a) | 4 | P+2.75% | $607K | Q3 2021 |
| Texas · Restaurants & Food Service · $150K – $350K | 7(a) | 4 | P+2.50% | $300K | Q3 2023 |
| Georgia · Restaurants & Food Service · $500K – $1M | 7(a) | 4 | P+2.50% | $761K | Q2 2022 |
| South Carolina · Hotels & Accommodation · $1M – $2M | 7(a) | 4 | P+2.00% | $1.4M | Q2 2020 |
| North Carolina · Personal Care (Salons, Spas) · $150K – $350K | 7(a) | 4 | P+2.63% | $296K | Q3 2019 |
| North Carolina · Restaurants & Food Service · $1M – $2M | 7(a) | 4 | P+2.50% | $1.2M | Q4 2023 |
| North Carolina · Transportation & Warehousing · Under $150K | 7(a) | 4 | P+2.75% | $139K | Q2 2020 |
| Florida · Nursing & Residential Care · $1M – $2M | 7(a) | 4 | P+2.50% | $1.3M | Q1 2022 |
| Florida · Nursing & Residential Care · $2M – $5M | 7(a) | 4 | P+2.13% | $2.6M | Q4 2020 |
| North Carolina · Restaurants & Food Service · $2M – $5M | 7(a) | 4 | P+2.50% | $3.3M | Q1 2025 |
| North Carolina · Transportation & Warehousing · $150K – $350K | 7(a) | 4 | P+2.75% | $267K | Q4 2024 |
| Florida · Administrative & Waste Services · $150K – $350K | 7(a) | 4 | P+2.75% | $248K | Q2 2024 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with North State Bank.
No reviews yet. Be the first to review North State Bank.
Listen to acquisition entrepreneurs share their experience
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.