83 SBA loans worth $32.2M went to businesses in Herndon, VA between October 2021 and June 2026, from 37 lenders. Manufacturers and Traders Trust made the most, 9 loans. The median loan was $200,000, compared with $232,000 across Virginia, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 9 | $1.1M | $50,000 | 44% |
| 2 | TD Bank Bank · Wilmington, DE | 7 | $361K | $25,000 | 43% |
| 3 | Huntington National Bank Bank · Columbus, OH | 6 | $1.1M | $112,500 | 100% |
| 4 | Northeast Bank Bank · Portland, ME | 6 | $749K | $127,000 | 0% |
| 5 | Business Finance Group Certified development company · Fairfax, VA | 5 | $3.7M | $567,000 | 0% |
| 6 | Bank of America Bank · Charlotte, NC | 5 | $2.1M | $450,000 | 0% |
| 7 | United Midwest Savings Bank Bank · Degraff, OH | 4 | $1.3M | $150,000 | 100% |
| 8 | Newtek Bank Bank · Miami, FL | 4 | $750K | $212,500 | 0% |
| 9 | Capital One Bank · McLean, VA | 3 | $1.3M | $500,000 | 0% |
| 10 | Atlantic Union Bank Bank · Richmond City, VA | 3 | $948K | $350,000 | 67% |
| 11 | John Marshall Bank Bank · Reston, VA | 2 | $2.3M | $1,172,750 | 50% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 2 | $1.3M | $655,000 | 100% |
| 13 | Luminate Bank Bank · Minneapolis, MN | 2 | $936K | $468,000 | 100% |
| 14 | Capital Bank Bank · Rockville, MD | 2 | $522K | $260,850 | 100% |
| 15 | National Capital Bank of Washington Bank · Washington, DC | 1 | $3.9M | $3,900,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 23 | $300,000 | Bank of America | |
| Restaurants and hotels | 13 | $180,000 | Luminate Bank | |
| Other services (repair, personal care) | 12 | $345,400 | Huntington National Bank | |
| Health care and social assistance | 12 | $143,000 | Huntington National Bank | |
| Construction | 6 | $125,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 4 | $230,750 | First Commonwealth Bank | |
| Retail | 3 | $200,000 | United Midwest Savings Bank | |
| Arts, entertainment and recreation | 3 | $875,000 | Live Oak Banking |