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New Peoples Bank, Inc.

New Peoples Bank, Inc. appears in the public SBA loan data with 5 funded 7(a) loans since FY2010, totaling $900K, an average of $180K per loan, and an estimated 49 jobs supported. Its SBA lending concentrates in Virginia and the Wholesale Trade sector. With only 5 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
5
Since FY2010
Total volume
$900K
Average loan size
$180K
7(a) charge-off rate
Insufficient data
Only 5 7(a) loans in the data
Jobs supported (reported)
49
Programs
7(a)

Is New Peoples Bank, Inc. the right lender for you?

New Peoples Bank, Inc. appears in the SBA record with 5 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Bank profile

via FDIC
Total assets
$940M
Headquarters
Honaker, VA
FDIC cert
#34890
Status
Active

Where New Peoples Bank, Inc. lends

Top states by funded SBA volume.

StateLoansTotal volume
Virginia 3 $625K
Tennessee 2 $275K

What New Peoples Bank, Inc. funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Wholesale Trade 1 $500K
Accommodation and Food Services 3 $350K
Health Care and Social Assistance 1 $50K

New Peoples Bank, Inc. SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20151$50K
20173$350K
20261$500K

Related SBA lenders

Other lenders active in Virginia or in Wholesale Trade.

Comparing lenders? See how to choose an SBA lender by track record.

New Peoples Bank, Inc.: frequently asked questions

Does New Peoples Bank, Inc. offer SBA loans?

Yes. New Peoples Bank, Inc. appears in the public SBA data with 5 funded SBA 7(a) loans totaling $900K.

How many SBA loans has New Peoples Bank, Inc. made?

New Peoples Bank, Inc. is associated with 5 SBA 7(a) loans totaling $900K in the public SBA data (as of 2026-03-31).

What is New Peoples Bank, Inc.'s SBA charge-off rate?

New Peoples Bank, Inc. appears with only 5 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does New Peoples Bank, Inc. do most of its SBA lending?

New Peoples Bank, Inc.'s SBA lending in the data is most concentrated in Virginia, and by industry in Wholesale Trade.

For New Peoples Bank, Inc.

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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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 New Peoples Bank, Inc.'s 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). New Peoples Bank, Inc. SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/new-peoples-bank-inc/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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