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Bank · Forest, VA

Select Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
37
SBA loans approved
$14.8M
Total approved
$200,000
Median loan
2
States lent in
62%
To startups
#649
National rank by loans

Select Bank approved 37 SBA loans worth $14.8M between October 2021 and June 2026, ranking #649 of 2,283 SBA lenders nationally by loan count. Its median loan was $200,000, and 62% went to startups or businesses under two years old. It lent in 2 states, most often in Virginia, and its most financed industry was health care and social assistance.

SBA loans per fiscal year

071320FY14FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24: 12 loansFY24FY25: 14 loansFY2514FY26 (Oct to Jun): 11 loansFY2611
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Select Bank lends

StateLoansApprovedMedian loanRank in state
Virginia28$11.6M$199,050#41
North Carolina9$3.2M$300,000#85

Industries Select Bank finances

IndustryLoansShareMedian loan
Health care and social assistance9
24%
$250,000
Manufacturing6
16%
$214,050
Restaurants and hotels6
16%
$270,000
Other services (repair, personal care)3
8%
$100,000
Retail3
8%
$400,000
Administrative and support services2
5%
$117,500
Construction2
5%
$657,500
Professional and technical services2
5%
$150,000
Real estate and rental2
5%
$540,000
Wholesale trade2
5%
$175,000
Loan size mix
  • Under $150,00032%
  • $150,000 to $500,00051%
  • $500,000 to $2 million14%
  • $2 million and up3%
Loan programs used
  • Preferred Lender (PLP)54%
  • Standard 7(a)41%
  • SBA Express5%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.