North State Bank: SBA Lending Record

North State Bank holds 587 loans approved from FY2017 to FY2026, worth $478.1 million gross. 587 loans, all in 7(a), stand against North State Bank; none are 504. For 587 loans, SBA's record names North State Bank as the lender. 587 loans carry SBA's guarantee, not North State Bank's.

North State Bank: classes and states

North State Bank's class table opens with Full-service restaurant, 47, Limited-service restaurant, 44, Hotel and motel, 31, Assisted living (without nursing care), 30 and Coffee shop and snack bar, 26 loans. The largest North State Bank group, 315 loans, fits no tracked class. North State Bank by state: North Carolina, 174, Florida, 81, Georgia, 42, New York, 37 and Texas, 37 loans.

North State Bank: cancellations and charge-offs

North State Bank has a cancellation floor of 24.0% across FY2017 to FY2024 approvals. North State Bank ceiling: withheld, per Loan Analytics' own rule. North State Bank ceiling: no zero, no estimate. 3.2% is the North State Bank charge-off floor. The cohort of 279 North State Bank loans was disbursed in FY2017 to FY2021. North State Bank five-year charge-offs: withheld, not zero. North State Bank: each rate is the least SBA shows.

North State Bank in a feasibility study

North State Bank lists 47 loans in the Full-service restaurant class. North State Bank study must prove occupancy cost. For 47 Full-service restaurant loans, labour and food cost stays open. North State Bank history says nothing on site traffic. 44 loans of North State Bank fall in the Limited-service restaurant class. North State Bank study needs site traffic. For 44 Limited-service restaurant loans, occupancy cost stays open. North State Bank total of $478.1 million says nothing about any one site. 315 North State Bank loans fit no tracked class. North State Bank: the project must carry the case. For 174 North State Bank loans in North Carolina, local evidence still decides. North State Bank should be asked directly what it needs. North State Bank shows 587 loans, not demand at any one site. North State Bank totals trail supply near the site. North State Bank study: written support behind each revenue figure. North State Bank request needs build cost from quotes. North State Bank request: coverage holds on cautious revenue.A valuation of the real estate has to be done apart from North State Bank totals. North State Bank study needs a downside case in writing. North State Bank: state assumptions, test coverage, support value. North State Bank lists 587 loans and $478.1 million in gross approvals. North State Bank loan equity should be stated plainly.

North State Bank cancellation rates use approvals through FY2024 only. North State Bank totals add FY2025 and FY2026 approvals. The North State Bank cohort holds 279 loans, disbursed FY2017 to FY2021. North State Bank figures describe loans held, not lender practices. North State Bank history of 587 loans promises nothing to a new borrower. North State Bank withheld values are never zeros or estimates.