Potomac Bank approved 81 SBA loans worth $33.3M between October 2021 and June 2026, ranking #414 of 2,283 SBA lenders nationally by loan count. Its median loan was $250,000, and 62% went to startups or businesses under two years old. It lent in 5 states, most often in Virginia, and its most financed industry was professional and technical services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Virginia | 53 | $17.1M | $222,000 | #26 |
| West Virginia | 19 | $9.8M | $288,000 | #11 |
| Maryland | 7 | $6.0M | $250,000 | #72 |
| District of Columbia | 1 | $150K | $150,000 | #90 |
| Pennsylvania | 1 | $180K | $180,000 | #231 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Professional and technical services | 17 | $150,000 | |
| Manufacturing | 12 | $535,000 | |
| Other services (repair, personal care) | 10 | $175,000 | |
| Health care and social assistance | 9 | $250,000 | |
| Restaurants and hotels | 9 | $222,000 | |
| Administrative and support services | 8 | $241,250 | |
| Retail | 4 | $175,000 | |
| Construction | 4 | $300,000 | |
| Arts, entertainment and recreation | 3 | $300,000 | |
| Education | 2 | $235,000 |