SBA lender profile
Locus Bank Inc
Locus Bank Inc appears in the public SBA loan data with 10 funded 7(a) loans totaling $2.7M, an average of $272K per loan, and an estimated 181 jobs supported. Its SBA lending concentrates in Virginia and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
10
Total volume
$2.7M
Average loan size
$272K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
181
Programs
7(a)
Where Locus Bank Inc lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Virginia | 10 | $2.7M |
What Locus Bank Inc funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 3 | $1.7M |
| Wholesale Trade | 3 | $375K |
| Professional and Technical Services | 1 | $250K |
| Health Care and Social Assistance | 1 | $200K |
| Arts, Entertainment, Recreation | 1 | $101K |
| Other Services | 1 | $90K |
Locus Bank Inc SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 3 | $1.8M |
| 2021 | 2 | $165K |
| 2022 | 3 | $500K |
| 2023 | 2 | $301K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Locus Bank Inc's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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