SBA Loans in Newton, NC

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

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Total SBA loans

all programs

Approved $

$33.9M

last 24 months

Avg loan

$404K

median $245K

Active lenders

approved here

Jobs supported

544

cumulative

Loan activity map

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NEWTON · 84 LOANS

Top lenders in Newton

First Horizon Bank

Capital Bank Corporation

Truist Bank

First-Citizens Bank & Trust Company

Live Oak Banking Company

Carolina Business Capital, Inc.

Top industries in Newton

Funeral Homes and Funeral Services

"General Freight Trucking, Local"

Upholstered Household Furniture Manufacturing

"General Freight Trucking, Long-Distance, Truckload"

Broilers and Other Meat Type Chicken Production

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Loan records · Newton, NC

84 records

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Borrower

Location

Program

Industry

Bennett Funeral Service, Inc.Live Oak Banking Company

Newton, NC

28658

$2,460,000

$189K

7(a)

Funeral Homes and Funeral Services

2018-06-04

Startown Veterinary Hospital Live Oak Banking Company

Newton, NC

28658

$2,155,000

$103K

7(a)

Veterinary Services

2020-01-31

ASHFAR ENTERPRISES INC.First-Citizens Bank & Trust Company

Newton, NC

28658

$2,000,000

$57K

7(a)

Other Miscellaneous Nondurable Goods Merchant Wholesalers

2010-06-24

SAMPLE POULTRY FARM First Financial Bank

Newton, NC

28658

$1,975,000

$988K

7(a)

Broilers and Other Meat Type Chicken Production

2009-07-17

ASHFAR ENTERPRISES INC.Business Expansion Funding Corporation

Newton, NC

28658

$1,563,000

$156K

504

Other Miscellaneous Nondurable Goods Merchant Wholesalers

2016-09-28

Sundown Audio, LLC Newtek Small Business Finance, Inc.

Newton, NC

28658

$1,200,000

$60K

7(a)

Audio and Video Equipment Manufacturing

2021-02-18

Bennett Funeral Service, Inc.Carolina Business Capital, Inc.

Newton, NC

28658

$1,094,000

—

504

Funeral Homes and Funeral Services

2025-03-11

Phoenix Insight Inc Readycap Lending, LLC

Newton, NC

28658

$1,043,000

$55K

7(a)

"General Freight Trucking, Local"

2021-09-20

NORTH CAROLINA CARE LLC Live Oak Banking Company

Newton, NC

28658

$1,015,000

$73K

7(a)

Remediation Services

2025-12-29

JERRY AND JANET RUDISILL Bank of Granite

Newton, NC

28658

$1,000,000

—

7(a)

—

1998-06-02

Speedlube, Inc.First Horizon Bank

Newton, NC

28658

$873,600

$109K

7(a)

Automotive Oil Change and Lubrication Shops

2019-09-25

SAMPLE POULTRY First Financial Bank

Newton, NC

28658

$822,600

$206K

7(a)

Broilers and Other Meat Type Chicken Production

2011-03-14

G Beauty LLC Byline Bank

Newton, NC

28658

$750,000

$38K

7(a)

Cosmetics, Beauty Supplies, and Perfume Retailers

2024-12-23

BUFFALO SHOALS GROCERY Region E Development Corporation

Newton, NC

28658

$743,000

$30K

504

Supermarkets and Other Grocery (except Convenience) Stores

2003-01-02

Alexander Curcio The Huntington National Bank

Newton, NC

28658

$700,000

$47K

7(a)

All Other Miscellaneous Chemical Product and Preparation Manufacturing

2012-12-14

Piedmont Village at Newton Business Expansion Funding Corporation

Newton, NC

28658

$666,000

—

504

Services for the Elderly and Persons with Disabilities

2020-03-27

TWIN CITY INSURANCE AGENCY, INC.Wells Fargo Bank National Association

Newton, NC

28658

$640,000

$71K

7(a)

Insurance Agencies and Brokerages

2019-01-28

NEW TELEPHONE COMPANY Popular Bank

Newton, NC

28658

$598,000

$66K

7(a)

Other Commercial and Industrial Machinery and Equipment Rental and Leasing

2007-02-23

ABZORBIT, INC.First Horizon Bank

Newton, NC

28658

$590,750

$148K

7(a)

"Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers"

2008-04-24

Old Hickory Tannery, Inc.Region E Development Corporation

Newton, NC

28658

$559,000

$27K

504

Upholstered Household Furniture Manufacturing

2005-09-06

CAROLINA PELLETING & EXTRUSION INC.Carolina Business Capital, Inc.

Newton, NC

28658

$544,000

$136K

504

Plastics Packaging Film and Sheet (including Laminated) Manufacturing

2001-09-21

William A. Setzer, DMD, PLLC United Midwest Savings Bank National Association

Newton, NC

28658

$527,000

$105K

7(a)

Offices of Dentists

2018-06-20

JENKINS FUNERAL HOME First Community Bank

Newton, NC

28658

$525,000

—

7(a)

Funeral Homes and Funeral Services

2007-03-05

B & B PAPER CONVERTERS First Horizon Bank

Newton, NC

28658

$520,000

—

7(a)

All Other Converted Paper Product Manufacturing

2001-06-19

JENKINS FUNERAL HOME First Community Bank

Newton, NC

28658

$495,000

—

7(a)

Funeral Homes and Funeral Services

2006-01-26

Bennett Funeral Service, Inc.

Newton, NC · 28658

$2,460,000

7(a)

Live Oak Banking Company$189K/job · 2018-06-04

Startown Veterinary Hospital

Newton, NC · 28658

$2,155,000

7(a)

Live Oak Banking Company$103K/job · 2020-01-31

ASHFAR ENTERPRISES INC.

Newton, NC · 28658

$2,000,000

7(a)

First-Citizens Bank & Trust Company$57K/job · 2010-06-24

First Financial Bank$988K/job · 2009-07-17

ASHFAR ENTERPRISES INC.

Newton, NC · 28658

$1,563,000

504

Business Expansion Funding Corporation$156K/job · 2016-09-28

Newtek Small Business Finance, Inc.$60K/job · 2021-02-18

Bennett Funeral Service, Inc.

Newton, NC · 28658

$1,094,000

504

Carolina Business Capital, Inc.2025-03-11

Readycap Lending, LLC$55K/job · 2021-09-20

NORTH CAROLINA CARE LLC

Newton, NC · 28658

$1,015,000

7(a)

Live Oak Banking Company$73K/job · 2025-12-29

JERRY AND JANET RUDISILL

Newton, NC · 28658

$1,000,000

7(a)

Bank of Granite1998-06-02

First Horizon Bank$109K/job · 2019-09-25

First Financial Bank$206K/job · 2011-03-14

Byline Bank$38K/job · 2024-12-23

BUFFALO SHOALS GROCERY

Newton, NC · 28658

$743,000

504

Region E Development Corporation$30K/job · 2003-01-02

The Huntington National Bank$47K/job · 2012-12-14

Piedmont Village at Newton

Newton, NC · 28658

$666,000

504

Business Expansion Funding Corporation2020-03-27

TWIN CITY INSURANCE AGENCY, INC.

Newton, NC · 28658

$640,000

7(a)

Wells Fargo Bank National Association$71K/job · 2019-01-28

NEW TELEPHONE COMPANY

Newton, NC · 28658

$598,000

7(a)

Popular Bank$66K/job · 2007-02-23

First Horizon Bank$148K/job · 2008-04-24

Old Hickory Tannery, Inc.

Newton, NC · 28658

$559,000

504

Region E Development Corporation$27K/job · 2005-09-06

CAROLINA PELLETING & EXTRUSION INC.

Newton, NC · 28658

$544,000

504

Carolina Business Capital, Inc.$136K/job · 2001-09-21

William A. Setzer, DMD, PLLC

Newton, NC · 28658

$527,000

7(a)

United Midwest Savings Bank National Association$105K/job · 2018-06-20

First Community Bank2007-03-05

B & B PAPER CONVERTERS

Newton, NC · 28658

$520,000

7(a)

First Horizon Bank2001-06-19

First Community Bank2006-01-26

1–25 of 84

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