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SBA lenders in Chester, VA

SBA 7(a) and 504 loans to businesses in Chester (Chesterfield County), October 2021 to June 30, 2026 · Updated October 15, 2026
25
SBA loans approved
$20.8M
Total approved
$283,500
Median loan
16
Lenders active
48%
To startups

25 SBA loans worth $20.8M went to businesses in Chester, VA between October 2021 and June 2026, from 16 lenders. Wells Fargo Bank made the most, 5 loans. The median loan was $283,500, compared with $232,000 across Virginia, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Chester

#LenderLoansApprovedMedian loanTo startups
1Wells Fargo Bank
Bank · Sioux Falls, SD
5$958K$15,000100%
2TowneBank
Bank · Portsmouth, VA
3$3.4M$227,00067%
3GBank
Bank · Las Vegas, NV
2$7.1M$3,565,0000%
4504 Capital
Certified development company · Chesapeake, VA
2$3.5M$1,774,00050%
5First National Bank of Pennsylvania
Bank · Greenville, PA
2$3.0M$1,482,00050%
6Bank Five Nine
Bank · Oconomowoc, WI
1$775K$775,000100%
7Citizens Bank
Bank · Elizabethton, TN
1$547K$547,300100%
8First Community Bank
Bank · Bluefield, VA
1$342K$342,0000%
9American Momentum Bank
Bank · College Station, TX
1$284K$283,5000%
10Industrial Bank
Bank · Washington, DC
1$162K$162,0000%
11Business Finance Group
Certified development company · Fairfax, VA
1$158K$158,0000%
12Celtic Bank
Bank · Salt Lake City, UT
1$150K$150,0000%
13Northeast Bank
Bank · Portland, ME
1$105K$105,0000%
14Manufacturers and Traders Trust
Bank · Buffalo, NY
1$100K$100,000100%
15Lendistry SBLC
Non-bank lender · Los Angeles, CA
1$75K$75,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Chester. For 504 loans the lender shown is the certified development company.

What gets financed in Chester

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels5
20%
$547,300GBank
Other services (repair, personal care)5
20%
$219,700Wells Fargo Bank
Health care and social assistance5
20%
$2,418,000TowneBank
Professional and technical services2
8%
$178,500First Community Bank
Manufacturing2
8%
$512,000Manufacturers and Traders Trust
Administrative and support services1
4%
$10,000Wells Fargo Bank
Arts, entertainment and recreation1
4%
$50,000Readycap Lending
Construction1
4%
$150,000Celtic Bank
Loan size mix
  • Under $150,00028%
  • $150,000 to $500,00036%
  • $500,000 to $2 million16%
  • $2 million and up20%
Compared with Virginia
Median loan, Chester
$283,500
Median loan, Virginia
$232,000
Startup share, Chester
48%
Startup share, Virginia
37%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Chester

071320FY14: 4 loansFY14FY15: 2 loansFY15FY16: 4 loansFY16FY17: 14 loansFY1714FY18: 9 loansFY18FY19: 7 loansFY19FY20: 3 loansFY20FY21: 1 loansFY21FY22: 5 loansFY22FY23: 6 loansFY23FY24: 5 loansFY24FY25: 4 loansFY25FY26 (Oct to Jun): 5 loansFY265
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.