SHANE PIERSON · SBA DATA
SBA by City · Cary, NC

SBA Lending in Cary, North Carolina

Businesses in Cary, NC have drawn 796 SBA 7(a) loans worth $297M, and annual volume has grown 2% versus the prior decade.

796
7(a) loans
$297M
Approved dollars
$373,164
Average loan size
#6
Rank in North Carolina
+2%
Annualized vs prior decade
12.1%
Active-loan distress

Cary is the #6 SBA 7(a) market in North Carolina and #271 in the country. Since 1991 lenders have approved 796 loans here worth $297M, averaging $373,164 each. Annual approval volume has grown 2% between FY2013-2019 and FY2020-2026. 12.1% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.