# Bank of Oak Ridge SBA loans

**Short answer:** Bank of Oak Ridge made 86 SBA loans from October 2023 to June 2026. The median loan was $569,000, with 8.1% through SBA Express and 7.0% as lines of credit, per SBA's loan file.

Canonical page: https://www.sbaexpress.loans/sba-express-lenders/bank-of-oak-ridge/
Data as of: 2026-06-30

This site is not Bank of Oak Ridge

sbaexpress.loans is not Bank of Oak Ridge, and Bank of Oak Ridge did not provide, review or pay for this page. Janover Capital LLC runs this site. The loan figures here come from SBA's public 7(a) loan file, not from Bank of Oak Ridge.

## Loan sizes

$345,200: 25th percentile

$569,000: Median loan

$1,418,750: 75th percentile

10 years: Median term

The median loan Bank of Oak Ridge approved from October 2023 to June 2026 was $569,000. A quarter of its loans were smaller than $345,200 and a quarter were larger than $1,418,750. For all lenders the median was $150,300. Its median is about 3.8 times the all-lender median. The average loan was $986,776.

Share of loans by size, October 2023 to June 2026

- $50,000 or less: Fewer than 5
- $50,001 to $150,000: Fewer than 5
- $150,001 to $350,000: 22.1%
- $350,001 to $500,000: 15.1%
- $500,001 to $1,000,000: 24.4%
- $1,000,001 to $2,000,000: 22.1%
- Over $2,000,000: 10.5%

Shares are of all 86 loans. Fewer than 5 marks a band whose count we do not publish.

## Age of the businesses it lends to

The largest group was startups, at 38.4% of this lender's loans, against 16.1% for all lenders.

Share of loans by age of the business, October 2023 to June 2026

- In business more than 2 years: 23.3%
- In business 2 years or less: 12.8%
- Startup (the loan opens the business): 38.4%
- Change of ownership: 25.6%

Fewer than 5 marks a group whose count we do not publish.

## SBA Express and lines of credit

8.1% of this lender's loans went through SBA Express, below the 35.8% for all lenders. 7.0% were lines of credit, below the 28.1% for all lenders.

**SBA Express and line-of-credit share, October 2023 to June 2026**

| Share of loans | Bank of Oak Ridge | All lenders |
| --- | --- | --- |
| Through SBA Express | 8.1% | 35.8% |
| Lines of credit | 7.0% | 28.1% |

A line of credit lets a business draw money, repay it and draw again. SBA's file flags these loans as revolving.

What SBA Express means

An SBA Express loan can be up to $500,000. On these loans, the lender makes the credit decision without prior SBA review.

Source: SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126); SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127).

## Where it lends

The most loans went to businesses in North Carolina: 61 of 86, or 70.9%. It made 5 or more loans in each of 3 states. State is where the business is, not where the lender is based.

**Top states, October 2023 to June 2026**

| State | Loans | Share of its loans |
| --- | --- | --- |
| North Carolina | 61 | 70.9% |
| Virginia | 10 | 11.6% |
| South Carolina | 9 | 10.5% |

## What it lends to

Full-Service Restaurants had the most loans: 8 of 86. The table lists industries with 5 or more loans, at most five.

**Top industries, October 2023 to June 2026**

| Industry | Loans | Share of its loans |
| --- | --- | --- |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/) | 8 | 9.3% |
| [Gasoline Stations with Convenience Stores](https://www.sbaexpress.loans/industries/gasoline-stations-with-convenience-stores-457110/) | 5 | 5.8% |

Industry is the NAICS code recorded on each loan.

## About the lender

- **Type:** Bank
- **Location:** Oak Ridge, NC (headquarters, per FDIC)
- **FDIC certificate number:** 35365
- **Official website:** [www.bankofoakridge.com](https://www.bankofoakridge.com) (as FDIC has it on file; we do not control it)

This page describes loans SBA approved. It does not show denied applications, today's rates, fees or credit standards. It is not an offer from Bank of Oak Ridge. To ask Bank of Oak Ridge about a loan, contact it directly.

## Starting rates and spread over Prime

The median starting rate on this lender's loans approved from October 2023 to June 2026 was 9.88%. The median spread was 2.25 percentage points over Prime. For all lenders the medians were 10.25% and 2.75 percentage points over Prime.

Both its median starting rate and its median spread were lower than the all-lender medians.

The starting rate follows Prime on the day a loan was approved. The spread over Prime is the steadier way to compare lenders and years. Spread is measured on variable-rate loans only.

SBA's ceiling on variable rates

For variable-rate loans, SBA caps the rate at Prime plus 3.0 to 6.5 percentage points, depending on loan size. Today's ceilings by loan size are on the [rates page](https://www.sbaexpress.loans/rates/).

Source: 13 CFR § 120.214(d).

## Loans by year

From FY2024 to FY2025, the number of loans held steady (33 to 33). Across all lenders it rose 2.4%.

SBA loans approved by fiscal year

- FY2020: Fewer than 5
- FY2021: 8
- FY2022: 24
- FY2023: 47
- FY2024: 33
- FY2025: 33
- FY2026 (through June 30): 20

SBA's fiscal year runs October 1 to September 30. FY2026 covers October 1, 2025 to June 30, 2026 only. Fewer than 5 marks a year whose count we do not publish.

## Charge-offs

0.0%: Charged off, by loans

0.0%: Charged off, by dollars

36: Loans approved FY2020 to FY2022

Bank of Oak Ridge approved 36 loans from October 2019 to September 2022. By June 30, 2026, none had been charged off. By loans that is lower than the 3.6% for all lenders. By dollars the rate was 0.0%, against 0.9% for all lenders.

How charge-offs are counted

We count only loans approved October 1, 2019 to September 30, 2022 (FY2020 to FY2022). Newer loans have not had time to go bad. A charge-off means the lender wrote the loan off as a loss. The rate by loans is charged-off loans divided by approved loans. The rate by dollars is the charged-off balance divided by approved dollars. Both run through June 30, 2026.

The two rates can differ widely for a lender that writes many small loans. A small loan adds one to the count but little to the dollars.

SBA's file covers approved loans only. This says nothing about how often applications are approved.

## Lenders with a similar number of loans

These five lenders are the nearest to Bank of Oak Ridge by number of SBA loans. Their pages show the same figures, so you can compare loan sizes and loan types. It ranks 201st of 807 lenders by loans approved from October 2023 to June 2026.

**Lenders closest to Bank of Oak Ridge by loans, October 2023 to June 2026**

| Lender | Loans | Median loan | Express | Lines of credit | Charge-offs |
| --- | --- | --- | --- | --- | --- |
| [Cogent Bank](https://www.sbaexpress.loans/sba-express-lenders/cogent-bank/) | 87 | $682,400 | 0.0% | 0.0% | 0.0% |
| **Bank of Oak Ridge** | 86 | $569,000 | 8.1% | 7.0% | 0.0% |
| [Commercial Bank of California](https://www.sbaexpress.loans/sba-express-lenders/commercial-bank-of-california/) | 86 | $947,500 | 8.1% | 8.1% | 0.0% |
| [GBC International Bank](https://www.sbaexpress.loans/sba-express-lenders/gbc-international-bank/) | 86 | $627,500 | Fewer than 5 | 32.6% | Fewer than 5 |
| [NBT Bank](https://www.sbaexpress.loans/sba-express-lenders/nbt-bank/) | 86 | $215,650 | 37.2% | 20.9% | 0.0% |
| [United FCU](https://www.sbaexpress.loans/sba-express-lenders/united-fcu/) | 86 | $846,450 | Fewer than 5 | Fewer than 5 | 0.0% |

Express and lines of credit are shares of loans. Charge-offs are the share of loans approved October 2019 to September 2022 that had been charged off by June 30, 2026. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Recent loans were approved October 1, 2023 to June 30, 2026. The full file starts October 1, 2019. SBA's fiscal year runs October 1 to September 30. Express counts SBA Express and Export Express loans. Spread over Prime is measured on variable-rate loans. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [13 CFR § 120.214(d)](https://www.ecfr.gov/current/title-13/section-120.214)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [FDIC BankFind: institution directory (headquarters and website)](https://banks.data.fdic.gov/bankfind-suite/bankfind)