Southern Bank and Trust Company
SBA lender based in North Carolina serving 2 states and 69 industries
Is Southern Bank and Trust Company the right SBA lender for your deal?
Southern Bank and Trust Company has funded 635 SBA loans across 2 states and 69 industries. Their average loan size is $153K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile. Historical volume is not a quote. PeerSense does not speak for Southern Bank and Trust Company.
Southern Bank and Trust Company is an SBA Preferred Lender (PLP), a designation the SBA grants to lenders with delegated authority to approve 7(a) loans in-house, which speeds underwriting and closing. Southern Bank and Trust Company has funded 635 SBA 7(a) loans across 2 states, averaging $153K per loan. PLP status means the lender does not have to send each file to the SBA for review, a material edge on turnaround for qualified borrowers.
Top Lending States
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Talk to PeerSenseFOIA history for Southern Bank and Trust Company
FOIA history for Southern Bank and Trust Company: 635 SBA loans across 2 states, average size $153K. Highest-volume NAICS in the tape: Limited-Service Restaurants. Highest-volume state in the tape: Virginia. Resolved-loan charge-off rate: 7.8%. That is history, not a buy box and not a prediction they will fund your file. Tell us about your deal.
Recent SBA Activity at Southern Bank and Trust Company
Franchise lending: Southern Bank and Trust Company has funded SBA loans for multiple franchise concepts, with the highest volume in TROPICAL SMOOTHIE, SUBWAY SANDWICH SHOP, and QUIZNOS. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.
Industry concentration: The lender's highest-volume SBA industries are Limited-Service Restaurants, Amusement & Recreation, and Professional/Technical Services. Borrowers in these NAICS sectors typically see better terms and faster approvals.
Geographic concentration: Top markets are Virginia, and North Carolina. Lenders typically underwrite faster in states where they already have closing comps.
Compare Southern Bank and Trust Company to Similar SBA Lenders
Other SBA lenders headquartered in North Carolina with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.
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About Southern Bank and Trust Company SBA Lending
Southern Bank and Trust Company is an SBA lender headquartered in North Carolina. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.
Southern Bank and Trust Company serves borrowers across 2 states and 69 industry sectors with a regional lending focus. To find out whether Southern Bank and Trust Company is a good fit for your specific deal, reach out to PeerSense for a free lender match.
PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.
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See Related Rates by Program
PeerSense covers the full commercial capital stack. Indicative levels that lenders in our network have been pricing across these programs, as of September 1, 2026.
Originator warehouse
$100M a monthFocus $100 million a month. Will look at $10 million a month. $10 million is not the focus.
Invoice Factoring
0.5–3.5% / 30dB2B invoices from $20 million a month. Advance 80 to 95 percent of face.
CMBS Conduit
5.60–7.10%10 year Non Recourse fixed, $10 million and up, fully assumable
Bridge Loans
9.00–14.00%$10 million and up. Cash in about 35 percent. Name the takeout first.
Data Center
CRS to 89%$1 billion to $30 billion plus. Signed or guaranteed hyperscaler lease.
Contracted revenue sale
Up to 89%15 year lease signed or guaranteed by a hyperscaler. Size follows the lease.
Hotel Financing
SearchHotel is search only. Public floor $10 million and up. Cash in about 35 percent.
Private Credit
7.80–18.00%Non-bank flexibility. Public CRE floor $10 million and up.
DSCR Investor
SearchSearch path. Public CRE floor $10 million and up.
Indicative only, as of September 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.