Bank of Oak Ridge
OAK RIDGE, NC 27310
⭐ SBA Preferred LenderTop Industries Financed
- Full-Service Restaurants
- All Other Specialty Trade Contractors
- All Other Amusement and Recreation Industries
- Limited-Service Restaurants
- Hotels (except Casino Hotels) and Motels
Quick Summary
Bank of Oak Ridge is an SBA-approved lender headquartered in OAK RIDGE, North Carolina. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 176 SBA 7(a) loans totaling $174.0M, with an average loan size of $989K. They serve businesses across 8 states.
About Bank of Oak Ridge
Bank of Oak Ridge is an SBA-approved lender headquartered in OAK RIDGE, North Carolina. Since 2020, they have approved 176 SBA 7(a) loans totaling $174.0M, with an average loan size of $989K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 8 states.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA Borrower Guides
Frequently Asked Questions
Is Bank of Oak Ridge an SBA Preferred Lender?
Yes, Bank of Oak Ridge is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Bank of Oak Ridge approved?
According to SBA FOIA public records, Bank of Oak Ridge has approved 176 SBA 7(a) loans totaling $174.0M since 2020. Their average loan size is $989K.
What states does Bank of Oak Ridge serve?
Bank of Oak Ridge serves businesses in 8 states: Alabama, Florida, Georgia, Kentucky, Maryland, North Carolina, South Carolina, Virginia.
How do I apply for an SBA loan with Bank of Oak Ridge?
To apply for an SBA 7(a) loan with Bank of Oak Ridge, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
Get in Touch with This Lender
Contact Bank of Oak Ridge
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days