Dogwood State Bank
NC
SBA-approved lender offering 6 loan programs across 33 industries.
Key Metrics
Interest Rate
9.25%
2.50% over prime
Average Loan
$939K
Per approval
Total Approvals
173
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (33)
All Other Amusement and Recreation IndustriesAll Other Miscellaneous ManufacturingAmbulance ServicesAmusement and Theme ParksAutomotive Glass Replacement ShopsBreweriesCar WashesChild Day Care ServicesCommercial and Industrial Machinery and Equipment (except Automotive aCrushed and Broken Granite MiningCut Stone and Stone Product ManufacturingDrinking Places (Alcoholic Beverages)Electrical ContractorsFitness and Recreational Sports CentersFull-Service RestaurantsHome Health Care ServicesHotels (except Casino Hotels) and MotelsIndependent Artists, Writers, and PerformersLandscaping ServicesLimited-Service RestaurantsMotor Vehicle TowingOffices of Physical, Occupational and Speech Therapists, and AudiologiOther Building Equipment ContractorsOther Building Finishing ContractorsOther Miscellaneous Durable Goods Merchant WholesalersOther Miscellaneous Nondurable Goods Merchant WholesalersOther Personal Care ServicesPet Care (except Veterinary) ServicesPlumbing, Heating, and Air-Conditioning ContractorsRecreational and Vacation Camps (except Campgrounds)Residential RemodelersSnack and Nonalcoholic Beverage BarsSports and Recreation Instruction
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.50%
- Effective Rate
- 9.25%
- Fiscal Year
- 2025
- States Served
- NC
- Website
- www.dogwoodstatebank.com
Ready to apply with Dogwood State Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.