SBA lending by district
SBA lending in VA-11
SBA 7(a) and 504 financing in Virginia's 11th 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
- 680
- Total funded
- $246.4M
- Average loan
- $362K
- 7(a) charge-off
- 4.0%
Borrowers in Virginia's 11th district took 680 SBA loans worth $246.4M since FY2010, averaging $362K. Of the 628 7(a) loans, 4.0% have charged off. See the rest of Virginia.
SBA funded volume by fiscal year
Top SBA lenders in VA-11
- 1. Business Finance Group, Inc. $33.8M
- 2. Manufacturers and Traders Trust Company $16.0M
- 3. Live Oak Banking Company $13.3M
- 4. Wells Fargo Bank National Association $13.0M
- 5. Atlantic Union Bank $11.7M
- 6. Hanmi Bank $11.5M
- 7. The Huntington National Bank $11.0M
- 8. Newtek Bank, National Association $9.9M
- 9. Truist Bank $7.2M
- 10. 504 Capital Corporation $7.1M
Method. SBA 7(a) and 504 loans the SBA recorded in VA-11,
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.