SBA lending by district
SBA lending in VA-07
SBA 7(a) and 504 financing in Virginia's 7th 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
- 718
- Total funded
- $354.3M
- Average loan
- $493K
- 7(a) charge-off
- 4.3%
Borrowers in Virginia's 7th district took 718 SBA loans worth $354.3M since FY2010, averaging $493K. Of the 654 7(a) loans, 4.3% have charged off. See the rest of Virginia.
SBA funded volume by fiscal year
Top SBA lenders in VA-07
- 1. Live Oak Banking Company $33.6M
- 2. Business Finance Group, Inc. $31.9M
- 3. First National Bank of Pennsylvania $25.2M
- 4. Truist Bank $24.0M
- 5. Wells Fargo Bank National Association $17.9M
- 6. SouthState Bank, National Association $9.9M
- 7. Fulton Bank, National Association $9.8M
- 8. 504 Capital Corporation $9.4M
- 9. TowneBank $9.2M
- 10. Manufacturers and Traders Trust Company $8.0M
Method. SBA 7(a) and 504 loans the SBA recorded in VA-07,
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.