North State Bank
41 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 41
- Total approved
- $37.6M
- Median loan
- $771K
- Middle half of loans
- $425K to $1.2M
- Median starting rate
- 10.25%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 33 industries and 15 states and territories. The largest industry by count was Full-Service Restaurants (4 of 41 approvals). Florida had the highest count among recorded project locations (14).
The median approved loan was $771K 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 | Full-Service Restaurants | 4 | 10% | $890K | $3.4M |
| 2 | Child Care Services | 3 | 7% | $375K | $1.2M |
| 3 | Landscaping Services | 2 | 5% | $826K | $1.7M |
| 4 | Solid Waste Collection | 2 | 5% | $720K | $1.4M |
| 5 | Appliance Repair and Maintenance | 2 | 5% | $602K | $1.2M |
| 6 | Hardware Retailers | 1 | 2% | $3.3M | $3.3M |
| 7 | Cosmetics, Beauty Supplies, and Perfume Retailers | 1 | 2% | $3.2M | $3.2M |
| 8 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 1 | 2% | $2.0M | $2.0M |
| 9 | All Other Miscellaneous Manufacturing | 1 | 2% | $1.4M | $1.4M |
| 10 | Other Activities Related to Real Estate | 1 | 2% | $1.4M | $1.4M |
| 11 | Wholesale Trade Agents and Brokers | 1 | 2% | $1.2M | $1.2M |
| 12 | Motor Vehicle Towing | 1 | 2% | $1.2M | $1.2M |
| 13 | Sign Manufacturing | 1 | 2% | $1.2M | $1.2M |
| 14 | Pet Care (except Veterinary) Services | 1 | 2% | $1.1M | $1.1M |
| 15 | Roofing Contractors | 1 | 2% | $1.0M | $1.0M |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Florida | 14 | 34% | $775K | $11.0M |
| 2 | North Carolina | 6 | 15% | $1.2M | $7.5M |
| 3 | Washington | 3 | 7% | $404K | $2.0M |
| 4 | California | 3 | 7% | $382K | $1.3M |
| 5 | Kentucky | 2 | 5% | $1.5M | $3.0M |
| 6 | Ohio | 2 | 5% | $819K | $1.6M |
| 7 | Texas | 2 | 5% | $736K | $1.5M |
| 8 | Utah | 2 | 5% | $720K | $1.4M |
| 9 | Missouri | 1 | 2% | $3.2M | $3.2M |
| 10 | Michigan | 1 | 2% | $1.2M | $1.2M |
| 11 | South Carolina | 1 | 2% | $1.0M | $1.0M |
| 12 | Georgia | 1 | 2% | $992K | $992K |
| 13 | New York | 1 | 2% | $771K | $771K |
| 14 | Kansas | 1 | 2% | $660K | $660K |
| 15 | Tennessee | 1 | 2% | $456K | $456K |