Bank of Oak Ridge: SBA loans in this registry
23companies
23loans
$40.8Mtotal approved
$1.8Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Oak Ridge, NC
- FDIC certificate number
- 35365
- Total assets
- $658.1 million (as of June 30, 2026)
- Established
- 2000
- Offices
- 5
- Website
- www.bankofoakridge.com
- Acquisition loans (7(a))
- 23 loans, $40.8M total, $1.8M average
- Approval dates
- Apr 23, 2024 to Sep 29, 2026
- Typical term (median)
- acquisition loans: 10 years
- Initial interest rate (7(a))
- 7.75% to 10.5%, median 9.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Hotels (except Casino Hotels) and Motels: 4 loans
- Pet and Pet Supplies Retailers: 3 loans
- Snack and Nonalcoholic Beverage Bars: 2 loans
- All Other Specialty Trade Contractors: 2 loans
- Beauty Salons: 1 loan
Top states
- North Carolina: 12 loans
- Virginia: 7 loans
- South Carolina: 2 loans
- Georgia: 2 loans
Largest deals
- Moddy Posey Properties, LLC, Matthews, NC: $4,866,000 (7(a) acquisition, Jun 29, 2024)
- Clarion Pointe, Durham, NC: $4,400,000 (7(a) acquisition, Sep 25, 2026)
- Darby Funeral Home, Canton, GA: $3,778,700 (7(a) acquisition, Sep 17, 2026)
- Shir Hari Pitt Management, Inc., Greenville, NC: $3,498,000 (7(a) acquisition, Sep 25, 2026)
- Whitney Blair Custom Homes LLC, Ocean Isle Beach, NC: $2,829,000 (7(a) acquisition, Apr 23, 2024)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
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