What SBA's own loan files show about lending in the Greensboro-High Point, NC Metro Area, every asset class together, and what a feasibility study for a project there has to test.
Among named classes Greensboro-High Point is led by hotel and motel with 51 loans, ahead of full-service restaurant at 37 and limited-service restaurant at 29. Franchise brands account for 19.3% of the 820 loans, a high share. The metro's record covers $610.5 million for FY2017 to FY2026 and ranks 115 of 928. Median borrowing is $350,000, 1.68x the national median, with the central half from $135,000 to $923,875. Lodging, franchised brands and large tickets reinforce one another here.
Guilford County, NC holds 655 loans, Randolph County, NC 104 and Rockingham County, NC 61. A further 564 loans belong to no tracked class. Fitness center has 19, beverage manufacturing and automotive mechanical repair 14 each, dental office 10, and RV park and campground 6. Of the total, 760 are 7(a) and 60 are 504. Rockingham County's 61 loans and Randolph County's 104 give a study two smaller reference points beside Guilford's 655.
These holders are those SBA lists for loans, past or present; they describe where loans sit and not how a lender chooses. Wells Fargo Bank National Association holds 80 7(a) loans, but only $13.1 million, while Bank of Oak Ridge holds 60 worth $44.8 million and Live Oak Banking Company 47 worth $51.3 million, both much larger per loan. Northeast Bank (ME) holds 40 and Truist Bank 29. On 504, Business Expansion Funding Corporation holds 45 loans worth $51.9 million.
Cancellation after approval is 10.0% or more of approvals through FY2024, and 11.3% counting undisbursed loans. Charge-offs stand at 4.6% to date across 324 funded loans. Charge-offs inside five years of approval are not published, as too small a group of loans stands behind that rate, and we neither estimate it nor treat it as nil. Volume dipped to 55 loans in FY2020 and rose to 123 loans and $89.3 million in FY2025.
For a lodging or franchised-brand project, a study must test occupancy-style demand specific to the site against competing rooms or units, confirm that cost supports the large loan sizes seen here, and show debt service surviving the charge-off floor above. The appraisal must support the assumed value. County lines follow the 2023 delineation, and loans it cannot place are left out. We write for lenders and borrowers and make no promise of approval.
| Loans approved, FY2017 to FY2026 | 820 |
|---|---|
| Gross dollars approved | $610.5 million |
| Median loan | $350,000 |
| Middle half of loans, from | $135,000 |
| Middle half of loans, to | $923,875 |
| SBA 7(a) loans | 760 |
| SBA 504 loans | 60 |
| Franchise share of loans | 19.3% |
| Rank among metro and micro areas by loans | 115 of 928 |
| Median loan against the national median | 1.68x |
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 10.0% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 11.3% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 4.6% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 324 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
SBA loans approved in the Greensboro-High Point, NC Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 84 | $53.0 million |
| FY2018 | 75 | $45.0 million |
| FY2019 | 62 | $41.3 million |
| FY2020 | 55 | $52.4 million |
| FY2021 | 80 | $68.6 million |
| FY2022 | 65 | $52.3 million |
| FY2023 | 85 | $67.4 million |
| FY2024 | 103 | $72.9 million |
| FY2025 | 123 | $89.3 million |
| FY2026 | 88 | $68.3 million |
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 564 |
| Hotel and motel | 51 |
| Full-service restaurant | 37 |
| Limited-service restaurant | 29 |
| Fitness center | 19 |
| Beverage manufacturing (breweries, wineries, distilleries) | 14 |
| Automotive mechanical repair (car and truck) | 14 |
| Dental office | 10 |
| Veterinary clinic | 9 |
| Child care center | 8 |
| Beauty salon | 8 |
| Gas station and truck stop | 7 |
| Self storage | 7 |
| Coffee shop and snack bar | 7 |
| RV park and campground | 6 |
| Caterers (includes banquet halls with catering staff) | 5 |
| Grocery store | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
| Lender | Loans | Dollars |
|---|---|---|
| Business Expansion Funding Corporation | 45 | $51.9 million |
| 504 Capital Corporation | 5 | $6.1 million |
| Lender | Loans | Dollars |
|---|---|---|
| Wells Fargo Bank National Association | 80 | $13.1 million |
| Bank of Oak Ridge | 60 | $44.8 million |
| Live Oak Banking Company | 47 | $51.3 million |
| Northeast Bank (ME) | 40 | $5.4 million |
| Truist Bank | 29 | $35.4 million |
Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.
| County | Loans |
|---|---|
| Guilford County, NC | 655 |
| Randolph County, NC | 104 |
| Rockingham County, NC | 61 |
Counties with 5 or more loans; smaller ones are not listed.
Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.
All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-24660.
A worked example of the feasibility study a lender would read for a hotel project in North Carolina, financed with a conventional bank loan.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Greensboro-High Point, NC Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Start with the data.
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