Bank of Oak Ridge
37 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 37
- Total approved
- $48.6M
- Median loan
- $862K
- Middle half of loans
- $516K to $1.6M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 23 industries and 6 states and territories. The largest industry by count was Hotels (except Casino Hotels) and Motels (5 of 37 approvals). North Carolina had the highest count among recorded project locations (21).
The median approved loan was $862K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 5 | 14% | $2.7M | $14.0M |
| 2 | Pet and Pet Supplies Retailers | 4 | 11% | $931K | $3.7M |
| 3 | Beauty Salons | 3 | 8% | $1.2M | $3.9M |
| 4 | All Other Specialty Trade Contractors | 3 | 8% | $1.5M | $3.4M |
| 5 | New Single-Family Housing Construction (except For-Sale Builders) | 2 | 5% | $1.5M | $3.0M |
| 6 | Snack and Nonalcoholic Beverage Bars | 2 | 5% | $720K | $1.4M |
| 7 | Landscape Architectural Services | 2 | 5% | $567K | $1.1M |
| 8 | Car Washes | 1 | 3% | $4.9M | $4.9M |
| 9 | Funeral Homes and Funeral Services | 1 | 3% | $3.8M | $3.8M |
| 10 | Pharmacies and Drug Retailers | 1 | 3% | $1.5M | $1.5M |
| 11 | Wineries | 1 | 3% | $1.5M | $1.5M |
| 12 | Coin-Operated Laundries and Drycleaners | 1 | 3% | $1.0M | $1.0M |
| 13 | Other Building Material Dealers | 1 | 3% | $922K | $922K |
| 14 | Interior Design Services | 1 | 3% | $777K | $777K |
| 15 | Plumbing, Heating, and Air-Conditioning Contractors | 1 | 3% | $660K | $660K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | North Carolina | 21 | 57% | $700K | $30.0M |
| 2 | Virginia | 10 | 27% | $820K | $9.7M |
| 3 | Georgia | 2 | 5% | $2.4M | $4.8M |
| 4 | South Carolina | 2 | 5% | $1.7M | $3.4M |
| 5 | Maryland | 1 | 3% | $386K | $386K |
| 6 | Tennessee | 1 | 3% | $254K | $254K |