Blue Ridge Bank approved 59 SBA loans worth $54.8M between October 2021 and June 2026, ranking #505 of 2,283 SBA lenders nationally by loan count. Its median loan was $580,000, and 42% went to startups or businesses under two years old. It lent in 17 states, most often in Virginia, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Virginia | 13 | $13.7M | $750,000 | #66 |
| North Carolina | 7 | $7.4M | $320,000 | #96 |
| California | 7 | $5.2M | $630,000 | #192 |
| Florida | 7 | $3.0M | $275,000 | #163 |
| Colorado | 5 | $4.6M | $620,000 | #131 |
| Texas | 3 | $6.5M | $1,101,000 | #316 |
| Georgia | 3 | $1.2M | $540,000 | #195 |
| Alaska | 2 | $800K | $400,000 | #30 |
| Nebraska | 2 | $2.1M | $1,073,000 | #84 |
| Pennsylvania | 2 | $1.3M | $637,500 | #183 |
| New York | 2 | $1.9M | $925,000 | #200 |
| Delaware | 1 | $464K | $464,000 | #74 |
| Illinois | 1 | $658K | $658,500 | #266 |
| Montana | 1 | $400K | $400,000 | #94 |
| New Mexico | 1 | $405K | $405,000 | #115 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 10 | $560,000 | |
| Arts, entertainment and recreation | 8 | $375,000 | |
| Other services (repair, personal care) | 7 | $350,000 | |
| Construction | 6 | $1,123,250 | |
| Wholesale trade | 6 | $790,000 | |
| Professional and technical services | 5 | $750,000 | |
| Real estate and rental | 4 | $502,500 | |
| Health care and social assistance | 3 | $150,000 | |
| Manufacturing | 2 | $800,500 | |
| Administrative and support services | 2 | $479,250 |