Southern Bank and Trust Company
Southern Bank and Trust Company is an SBA 7(a) lender that has approved 51 loans totaling $16.1M between FY2020 and Q1 FY2026 (2025-12-31), with a 0.00% charge-off rate on mature loans. Average loan size: $316K. Active in 2 states. Headquartered in MOUNT OLIVE, NC.
Total 7(a) loans
51
Total approved
$16.1M
Average loan
$316K
States funded in
2
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
35.29%
Average rate
5.82%
Average term
104 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 621210 | Offices of Dentists | 8 |
| 561730 | Landscaping Services | 3 |
| 236220 | Commercial and Institutional Building Construction | 2 |
| 722511 | Full-Service Restaurants | 2 |
| 621310 | Offices of Chiropractors | 2 |
| 446110 | Pharmacies and Drug Stores | 2 |
| 484110 | General Freight Trucking, Local | 2 |
| 445120 | Convenience Stores | 2 |
| 236118 | Residential Remodelers | 1 |
| 111211 | Potato Farming | 1 |
Top 10 states
| State | Loans |
|---|---|
| NC | 47 |
| VA | 4 |
Top franchise brands financed
4 franchise loans across 4 distinct brands.
| Franchise | Loans |
|---|---|
| Freedom Lawns | 1 |
| Superior Fence and Rail | 1 |
| Closets by Design | 1 |
| AAMCO Transmissions | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.