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SBA lender profile

The Freedom Bank of Virginia

The Freedom Bank of Virginia appears in the public SBA loan data with 45 funded 7(a) loans since FY2010, totaling $45.9M, an average of $1.0M per loan, and an estimated 993 jobs supported. Its SBA lending concentrates in Maryland and the Construction sector. Across its 7(a) loans, the charge-off rate is 0.0%. 35.6% of its 7(a) loans were processed under delegated PLP authority.

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

Track record 79
Scale 42
Activity 73
Consistency 43

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
45
Since FY2010
Total volume
$45.9M
Average loan size
$1.0M
7(a) charge-off rate
0.0%
Share of 7(a) loans charged off
Jobs supported (reported)
993
Programs
7(a)

Is The Freedom Bank of Virginia the right lender for you?

Lenders fund what they know. The Freedom Bank of Virginia's SBA lending concentrates in Maryland (8 loans) and Construction (6 loans), at an average loan of $1.0M. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$1.1B
Headquarters
Fairfax, VA
FDIC cert
#57184
Status
Active

Where The Freedom Bank of Virginia lends

Top states by funded SBA volume.

StateLoansTotal volume
Maryland 8 $12.2M
Virginia 13 $6.4M
New York 6 $5.1M
Texas 2 $4.2M
North Carolina 1 $4.0M
Iowa 1 $2.5M

What The Freedom Bank of Virginia funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Construction 6 $11.1M
Manufacturing 9 $8.7M
Retail Trade 8 $5.2M
Accommodation and Food Services 3 $3.7M
Wholesale Trade 2 $3.3M
Professional and Technical Services 2 $2.2M

The Freedom Bank of Virginia SBA lending by year

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

Fiscal yearLoansTotal volume
20214$3.3M
202216$15.5M
202313$18.5M
20245$5.7M
20251$500K
20266$2.4M

Related SBA lenders

Other lenders active in Maryland or in Construction.

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

The Freedom Bank of Virginia: frequently asked questions

Does The Freedom Bank of Virginia offer SBA loans?

Yes. The Freedom Bank of Virginia appears in the public SBA data with 45 funded SBA 7(a) loans totaling $45.9M.

How many SBA loans has The Freedom Bank of Virginia made?

The Freedom Bank of Virginia is associated with 45 SBA 7(a) loans totaling $45.9M in the public SBA data (as of 2026-03-31).

What is The Freedom Bank of Virginia's SBA charge-off rate?

About 0.0% of The Freedom Bank of Virginia's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does The Freedom Bank of Virginia do most of its SBA lending?

The Freedom Bank of Virginia's SBA lending in the data is most concentrated in Maryland, and by industry in Construction.

Is The Freedom Bank of Virginia an SBA Preferred Lender (PLP)?

The loan record shows The Freedom Bank of Virginia operating under PLP delegated authority: 16 of its 7(a) loans (35.6%) were processed through the Preferred Lenders Program, including 6 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For The Freedom Bank of Virginia

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 The Freedom Bank of Virginia'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). The Freedom Bank of Virginia SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/the-freedom-bank-of-virginia/

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