Geography · SBA lending record
SBA lenders in Virginia
4,085 SBA 7(a) loans in the last five years, from 193 different lenders. Here is who actually lends here.
Loans, last 5 years
4,085
Lent
$2156.0M
last 5 fiscal years
Active lenders
193
wrote at least one loan
Typical loan
$210k
median approved
Default rate
3.0%
nationally 2.1%
Who lends here most
last 5 fiscal years| Lender | Loans in VA | Typical loan | Typical rate |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 449 | $75k | P+3.51 |
| The Huntington National Bank | 292 | $292k | P+2.53 |
| Readycap Lending, LLC | 191 | $78k | P+4.56 |
| Wells Fargo Bank National Association | 184 | $15k | P+5.37 |
| Newtek Bank, National Association | 173 | $200k | P+3.49 |
| BayFirst National Bank | 166 | $150k | P+4.15 |
| Northeast Bank | 150 | $96k | P+2.99 |
| Live Oak Banking Company | 147 | $700k | P+1.90 |
| TD Bank, National Association | 146 | $65k | P+3.62 |
| United Midwest Savings Bank National Association | 92 | $150k | P+2.69 |
Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.
What gets funded here
by industryHow big the loans are
If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.
Next
Compare all lenders → Check your eligibility → Find your industry →
Source SBA 7(a) FOIA
Released 2026-06-30
Basis where the project is, not where the bank is
SBA lending in other states
Minnesota · 5,915North Carolina · 5,453Arizona · 4,645Indiana · 4,582Utah · 4,078Wisconsin · 4,007Maryland · 4,003Missouri · 3,920
States with comparable volume, plus the three largest markets.