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Limited-Service Restaurants: SBA acquisition loans in North Carolina
23 SBA-financed business acquisitions in North Carolina classified as Limited-Service Restaurants, FY2024–FY2026. Median loan $510K. See which lenders did them.
- Acquisitions financed
- 23
- Total approved
- $28.0M
- Median loan
- $510K
- Middle half of loans
- $320K to $1.1M
- Median starting rate
- 10.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Fidelity Bank | 5 | 22% | $1.1M | $4.9M |
| 2 | Live Oak Banking Company | 4 | 17% | $4.2M | $13.4M |
| 3 | SouthState Bank, National Association | 3 | 13% | $325K | $940K |
| 4 | The Huntington National Bank | 2 | 9% | $339K | $678K |
| 5 | Mechanics and Farmers Bank | 2 | 9% | $330K | $660K |
| 6 | United Community Bank | 1 | 4% | $4.7M | $4.7M |
| 7 | Climate First Bank | 1 | 4% | $665K | $665K |
| 8 | First Internet Bank of Indiana | 1 | 4% | $510K | $510K |
| 9 | Meridian Bank | 1 | 4% | $500K | $500K |
| 10 | First Bank | 1 | 4% | $491K | $491K |
| 11 | Bank of Hope | 1 | 4% | $315K | $315K |
| 12 | Truliant FCU | 1 | 4% | $215K | $215K |
For comparison, the same industry nationwide: 826 loans, median $414K, median starting rate 9.50%. See Limited-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.