SBA lending by metro area
SBA lenders in Washington, DC
Which lenders fund Washington-area businesses, how much, and how the market compares with District of Columbia: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Washington area
Ranked by SBA volume funded to businesses located in the Washington metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Business Finance Group, Inc. | 941 | $766.2M | $814K | 4.76% |
| 2 | Manufacturers and Traders Trust Company | 3,154 | $473.0M | $150K | 5.83% |
| 3 | Live Oak Banking Company | 321 | $453.0M | $1.4M | 1.87% |
| 4 | Truist Bank | 825 | $327.1M | $397K | 3.52% |
| 5 | Atlantic Union Bank | 465 | $270.9M | $583K | 4.09% |
| 6 | Wells Fargo Bank National Association | 1,045 | $265.9M | $254K | 5.65% |
| 7 | EagleBank | 318 | $184.7M | $581K | 8.81% |
| 8 | Hanmi Bank | 238 | $175.9M | $739K | 5.46% |
| 9 | Rappahannock Economic Development Corporation | 177 | $138.5M | $782K | not reported |
| 10 | The Huntington National Bank | 340 | $136.7M | $402K | 0.29% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
Ready to talk to Washington-area SBA lenders?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
How Washington compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Washington area | $165K ▼ 17.5% | 8.0% |
| District of Columbia | $200K | 7.8% |
| United States | $179K | 11.2% |
What gets funded in Washington
| Industry | Loans | Total funded |
|---|---|---|
| Professional and Technical Services | 3,024 | $1.2B |
| Accommodation and Food Services | 2,012 | $1.1B |
| Health Care and Social Assistance | 1,907 | $968.9M |
| Retail Trade | 1,633 | $670.9M |
| Other Services | 1,532 | $629.8M |
| Construction | 1,427 | $487.1M |
| Manufacturing | 616 | $320.2M |
| Arts, Entertainment, Recreation | 589 | $287.6M |
SBA lending in Washington by year
Geography, precisely
"Washington area" here means the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Alexandria city, VA; Arlington County, VA; Charles County, MD; Clarke County, VA; Culpeper County, VA; District of Columbia, DC; Fairfax County, VA; Fairfax city, VA; Falls Church city, VA; Fauquier County, VA; Frederick County, MD; Fredericksburg city, VA; Jefferson County, WV; Loudoun County, VA; Manassas Park city, VA; Manassas city, VA; Montgomery County, MD; Prince George's County, MD; Prince William County, VA; Rappahannock County, VA; Spotsylvania County, VA; Stafford County, VA; Warren 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.