SBAPULSE

Mechanics and Farmers Bank

Headquartered in Durham, NC

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7(a) Lending

Gross approval amounts

FY2026 Volume

$6.3M

#416 by FY2026 volume

FY2026 Loans

16

$395K avg size

FY2022–FY2026 Volume

$17.0M

FY2022–FY2026 Loans

45

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

7 states, districts, and territories with activity

#
1NC4$2.3M$585K
2FL5$1.6M$326K
3KY2$1.0M$513K
4TX1$0.5M$475K
5SC2$0.4M$206K
6TN1$0.2M$217K
7PA1$0.2M$215K
Explore 7(a) loan-level performance

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.