Checked
SBA Loans in Virginia
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 5,811
- Amount approved
- $3.12B
- Jobs supported
- 69,668
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 884 | $472M | $533,958 | 813 | 71 |
| FY2025 | 1,623 | $871M | $536,605 | 1,497 | 126 |
| FY2024 | 1,310 | $639M | $487,812 | 1,204 | 106 |
| FY2023 | 1,073 | $588M | $547,610 | 974 | 99 |
| FY2022 | 921 | $552M | $599,116 | 772 | 149 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 121 | $330M |
| Full-Service Restaurants | 587 | $303M |
| Fitness and Recreational Sports Centers | 238 | $148M |
| Child Day Care Services | 120 | $135M |
| Other Computer Related Services | 234 | $130M |
| General Automotive Repair | 179 | $107M |
| All Other Specialty Trade Contractors | 144 | $89.87M |
| All Other Professional, Scientific, and Technical Services | 109 | $72.85M |
| Offices of Mental Health Practitioners (except Physicians) | 241 | $72.34M |
| Administrative Management and General Management Consulting Services | 183 | $70.97M |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Business Finance Group, Inc. | 273 | $250M |
| Live Oak Banking Company | 178 | $220M |
| 504 Capital Corporation | 191 | $160M |
| The Huntington National Bank | 387 | $153M |
| Newtek Bank, National Association | 349 | $132M |
| GBank | 37 | $107M |
| Manufacturers and Traders Trust Company | 587 | $85.14M |
| Rappahannock Economic Development Corporation | 83 | $71.62M |
| Atlantic Union Bank | 90 | $61.87M |
| Readycap Lending, LLC | 232 | $58.44M |
By county
All years shown
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By city
Cities with at least 5 loans
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Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026