Virginia SBA Loan Data
33,741 loans totaling $11.9B across all SBA programs.
Total Loans
33,741
1992–2025
Total Volume
$11.9B
Gross approval amount
Avg Loan Size
$354K
Median: $150K
Avg Interest Rate
7.68%
Default rate: 13.0%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in Virginia
| Fairfax → | 5,693 | $1.9B | $332K |
| Loudoun → | 2,379 | $955.2M | $401K |
| Prince William → | 1,980 | $672.0M | $339K |
| Virginia Beach City → | 1,964 | $617.8M | $315K |
| Henrico → | 1,517 | $530.9M | $350K |
| Chesterfield → | 1,395 | $472.2M | $339K |
| Chesapeake City → | 1,039 | $358.9M | $345K |
| Alexandria City → | 889 | $348.0M | $391K |
| Richmond City → | 1,029 | $318.3M | $309K |
| Arlington → | 846 | $290.6M | $343K |
| Norfolk City → | 816 | $269.8M | $331K |
| Stafford → | 639 | $229.3M | $359K |
| Hanover → | 565 | $226.5M | $401K |
| Spotsylvania → | 544 | $210.8M | $388K |
| Fauquier → | 812 | $207.2M | $255K |
| Newport News City → | 595 | $191.4M | $322K |
| Fairfax City → | 470 | $153.5M | $327K |
| Accomack → | 148 | $146.7M | $992K |
| James City → | 375 | $141.8M | $378K |
| Manassas City → | 388 | $141.2M | $364K |
| Roanoke City → | 385 | $133.0M | $346K |
| Hampton City → | 408 | $124.2M | $304K |
| Frederick → | 263 | $120.8M | $459K |
| Fredericksburg City → | 322 | $117.8M | $366K |
| Albemarle → | 445 | $111.2M | $250K |
Showing 1–25 of 134
Virginia Loan Status
Virginia Loan Status showing Active: 18.1%, Paid in Full: 55.2%, Charged Off: 10.9%, Cancelled: 14.4%, Committed: 1.4%
Active18.1%
Paid in Full55.2%
Charged Off10.9%
Cancelled14.4%
Committed1.4%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
Virginia Annual Lending Volume
Virginia Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in Virginia
| Truist Bank | 3,224 | $800.4M | $248K | 6.10% | 9.6% |
| Live Oak Banking Company | 471 | $658.6M | $1.4M | 6.91% | 2.7% |
| Wells Fargo Bank National Association | 2,561 | $597.3M | $233K | 8.44% | 11.8% |
| Atlantic Union Bank | 1,400 | $518.4M | $370K | 6.35% | 4.9% |
| Manufacturers and Traders Trust Company | 2,386 | $417.2M | $175K | 8.22% | 12.2% |
| Readycap Lending, LLC | 756 | $344.6M | $456K | 11.35% | 23.9% |
| TowneBank | 589 | $255.5M | $434K | 6.77% | 7.0% |
| Primis Bank | 660 | $242.1M | $367K | 6.18% | 10.2% |
| United Bank | 851 | $236.6M | $278K | 5.80% | 7.0% |
| Fulton Bank, National Association | 688 | $231.8M | $337K | 6.97% | 14.7% |
| PNC Bank, National Association | 879 | $231.2M | $263K | 7.03% | 20.0% |
| Business Loan Center, LLC | 402 | $220.8M | $549K | N/A | 23.0% |
| Bank of America, National Association | 2,356 | $205.1M | $87K | 7.79% | 19.8% |
| The First Bank and Trust Company | 293 | $195.9M | $669K | 5.94% | 2.9% |
| Newtek Small Business Finance, Inc. | 328 | $194.6M | $593K | 7.37% | 9.1% |
| First National Bank of Pennsylvania | 200 | $179.2M | $896K | 7.15% | 9.4% |
| GBank | 68 | $167.7M | $2.5M | 7.33% | 0.0% |
| EagleBank | 221 | $140.5M | $636K | 6.17% | 14.4% |
| Hanmi Bank | 229 | $127.5M | $557K | 7.02% | 17.1% |
| Celtic Bank Corporation | 294 | $112.7M | $383K | 7.55% | 14.7% |
| Capital Bank, National Association | 154 | $112.1M | $728K | 6.91% | 4.7% |
| Newtek Bank, National Association | 274 | $109.3M | $399K | 11.44% | 0.0% |
| Cadence Bank | 152 | $106.1M | $698K | 8.11% | 1.4% |
| The Huntington National Bank | 290 | $101.4M | $350K | 10.02% | 2.0% |
| Bank of Hope | 1,142 | $96.8M | $85K | 6.50% | 46.3% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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