SBA lending by district
SBA lending in VA-02
SBA 7(a) and 504 financing in Virginia's 2nd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 1,691
- Total funded
- $944.9M
- Average loan
- $559K
- 7(a) charge-off
- 4.8%
Borrowers in Virginia's 2nd district took 1,691 SBA loans worth $944.9M since FY2010, averaging $559K. Of the 1,348 7(a) loans, 4.8% have charged off. See the rest of Virginia.
SBA funded volume by fiscal year
Top SBA lenders in VA-02
- 1. 504 Capital Corporation $148.0M
- 2. Live Oak Banking Company $134.9M
- 3. Business Finance Group, Inc. $74.0M
- 4. Truist Bank $42.8M
- 5. Fulton Bank, National Association $37.2M
- 6. Wells Fargo Bank National Association $30.1M
- 7. First Financial Bank $26.8M
- 8. The Huntington National Bank $22.7M
- 9. Atlantic Union Bank $20.9M
- 10. First National Bank of Pennsylvania $16.5M
Method. SBA 7(a) and 504 loans the SBA recorded in VA-02,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.