Truist Bank
Charlotte, NC 28202
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Full-Service Restaurants
- Limited-Service Restaurants
- Offices of Physicians (except Mental Health Specialists)
- Child Day Care Services
- Plumbing, Heating, and Air-Conditioning Contractors
Quick Summary
Truist Bank is an SBA-approved lender headquartered in Charlotte, North Carolina. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 842 SBA 7(a) loans totaling $904.8M, with an average loan size of $1.1M. They serve businesses across 19 states.
About Truist Bank
Truist Bank is an SBA-approved lender headquartered in Charlotte, North Carolina. Since 2020, they have approved 842 SBA 7(a) loans totaling $904.8M, with an average loan size of $1.1M. 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 19 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 Truist Bank an SBA Preferred Lender?
Yes, Truist Bank 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 Truist Bank approved?
According to SBA FOIA public records, Truist Bank has approved 842 SBA 7(a) loans totaling $904.8M since 2020. Their average loan size is $1.1M.
What states does Truist Bank serve?
Truist Bank serves businesses in 19 states: Alabama, Colorado, Connecticut, Washington D.C., Florida, Georgia, Indiana, Kentucky, Maryland, North Carolina, New Jersey, Nevada, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia.
How do I apply for an SBA loan with Truist Bank?
To apply for an SBA 7(a) loan with Truist Bank, 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+.
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