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SBA lending by metro area

SBA lenders in Lake of the Woods, VA

Which lenders fund Lake of the Woods-area businesses, how much, and how the market compares with Virginia: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
32
Total funded
$14.6M
Average loan
$457K
7(a) charge-off
7.1%

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How Lake of the Woods compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Lake of the Woods area $174K ▼ 12.8% 12.5%
Virginia$200K12.5%
United States$179K11.2%

What gets funded in Lake of the Woods

IndustryLoansTotal funded
Retail Trade 7 $3.7M
Accommodation and Food Services 6 $2.1M
Other Services 5 $2.0M

SBA lending in Lake of the Woods by year

Geography, precisely

"Lake of the Woods area" here means the Lake of the Woods, VA micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Orange County, VA. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.