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SBA Loans in Locust, NC

Explore recent SBA 7(a) and 504 lending activity in Locust. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
42
all programs
Approved $
$11.9M
last 24 months
Avg loan
$284K
median $245K
Active lenders
16
approved here
Jobs supported
391
cumulative

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LOCUST · 42 LOANS

Top lenders in Locust

Uwharrie Bank
9
Carolina Business Capital, Inc.
5
Truist Bank
4
Wells Fargo Bank National Association
4
Pinnacle Bank
3
VelocitySBA, LLC
3

Top industries in Locust

"Specialized Freight (except Used Goods) Trucking, Local"
3
Limited-Service Restaurants
3
"General Freight Trucking, Local"
2
All Other Miscellaneous Manufacturing
2
Exterminating and Pest Control Services
2
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Loan records · Locust, NC
42 records
Sort:
Reconview LLC
Locust, NC · 28097
$2,574,500
7(a)
Citizens Bank$215K/job · 2025-12-19
Saraie 2774, INC.
Locust, NC · 28097
$1,537,000
7(a)
Citizens Bank$307K/job · 2018-08-20
RILEY'S RETREAT LLC
Locust, NC · 28097
$1,427,200
7(a)
Pinnacle Bank$204K/job · 2023-06-27
GEO Systems Technologies, LLC
Locust, NC · 28097
$885,000
7(a)
Wells Fargo Bank National Association$126K/job · 2015-02-11
The Local Room LLC
Locust, NC · 28097
$482,000
504
Carolina Business Capital, Inc.$27K/job · 2020-03-24
CNTB Enterprise Inc.
Locust, NC · 28097
$448,500
7(a)
United Community Bank$37K/job · 2014-08-21
The Collective Salon LLC
Locust, NC · 28097
$399,000
7(a)
Pinnacle Bank$36K/job · 2024-03-12
CHARLOTTE SAW & KNIFE COMPANY, INC.
Locust, NC · 28097
$392,200
7(a)
PNC Bank, National Association$49K/job · 2022-06-13
STEEL CONSTRUCT SYSTEMS, LLC
Locust, NC · 28097
$350,000
7(a)
First Bank$18K/job · 2012-04-04
Valhalla Meadery LLC
Locust, NC · 28097
$286,000
7(a)
Pinnacle Bank$29K/job · 2022-08-11
Dynomite Holdings LLC
Locust, NC · 28097
$274,000
504
Carolina Business Capital, Inc.2021-12-20
CW & Associates, Inc.
Locust, NC · 28097
$249,000
7(a)
First National Bank of Pennsylvania$42K/job · 2008-03-06
Power Stream Industries Inc
Locust, NC · 28097
$230,000
7(a)
Uwharrie Bank$10K/job · 2014-06-23
Water Oak Investments
Locust, NC · 28097
$202,000
504
Carolina Business Capital, Inc.$202K/job · 2023-07-13
CLP Ventures, LLC
Locust, NC · 28097
$187,000
504
Carolina Business Capital, Inc.$27K/job · 2018-04-24
American Chiropractic Inc,
Locust, NC · 28097
$167,000
504
Business Expansion Funding Corporation$84K/job · 2022-03-28
Hunn-Morr Holdings, LLC
Locust, NC · 28097
$150,000
7(a)
Truist Bank$50K/job · 2015-04-07
Goshen Restaurants Inc.
Locust, NC · 28097
$150,000
7(a)
Celtic Bank Corporation$10K/job · 2015-12-21
City Wide Exterminating Inc
Locust, NC · 28097
$150,000
7(a)
Truist Bank$50K/job · 2015-03-17
Emricci Pizzeria
Locust, NC · 28097
$150,000
7(a)
Celtic Bank Corporation$30K/job · 2022-04-12
TCI Insulation, Inc
Locust, NC · 28097
$142,000
504
Business Expansion Funding Corporation2020-04-23
ROCKY RIVER DISPOSAL SERVICE I
Locust, NC · 28097
$135,000
7(a)
Uwharrie Bank$34K/job · 2007-11-09
THE LOCUST SCREEN & FRAME SHOP
Locust, NC · 28097
$134,000
504
Carolina Business Capital, Inc.$45K/job · 2008-06-27
TC & PHAN, INC.
Locust, NC · 28097
$125,000
7(a)
Northeast Bank$3K/job · 2018-01-12
THE BODY SHOP HEALTH & FITNESS
Locust, NC · 28097
$100,000
7(a)
Uwharrie Bank$25K/job · 2004-04-26
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