US Lender Metrics Get a Lender Match
Home › SBA lenders by state › Virginia › Midlothian

SBA lenders in Midlothian, VA

SBA 7(a) and 504 loans to businesses in Midlothian (Chesterfield County), October 2021 to June 30, 2026 · Updated October 15, 2026
109
SBA loans approved
$50.2M
Total approved
$200,000
Median loan
32
Lenders active
53%
To startups

109 SBA loans worth $50.2M went to businesses in Midlothian, VA between October 2021 and June 2026, from 32 lenders. Manufacturers and Traders Trust made the most, 18 loans. The median loan was $200,000, compared with $232,000 across Virginia, and health care and social assistance was the most financed industry.

Most active SBA lenders in Midlothian

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
18$1.4M$47,600100%
2Business Finance Group
Certified development company · Fairfax, VA
8$7.5M$935,50012%
3Newtek Bank
Bank · Miami, FL
7$1.3M$125,0000%
4TowneBank
Bank · Portsmouth, VA
6$4.1M$572,00050%
5Huntington National Bank
Bank · Columbus, OH
6$1.9M$273,750100%
6Wells Fargo Bank
Bank · Sioux Falls, SD
6$1.3M$15,00067%
7Live Oak Banking
Bank · Wilmington, NC
5$9.4M$750,00040%
8First-Citizens Bank & Trust
Bank · Raleigh, NC
4$6.0M$1,336,0000%
9Bank of America
Bank · Charlotte, NC
4$1.8M$294,7000%
10First Community Bank
Bank · Bluefield, VA
4$1.4M$414,000100%
11Northeast Bank
Bank · Portland, ME
4$897K$145,00025%
12Newtek Small Business Finance
Non-bank lender · Lake Success, NY
3$580K$120,00033%
13CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
3$550K$200,0000%
14United Midwest Savings Bank
Bank · Degraff, OH
3$440K$150,000100%
15BayFirst National Bank
Bank · St. Petersburg, FL
3$282K$123,5000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Midlothian. For 504 loans the lender shown is the certified development company.

What gets financed in Midlothian

IndustryLoansShareMedian loanMost active lender
Health care and social assistance18
17%
$342,050Live Oak Banking
Construction18
17%
$270,000First National Bank of Pennsylvania
Professional and technical services16
15%
$150,000Bank of America
Restaurants and hotels14
13%
$414,000First Community Bank
Other services (repair, personal care)13
12%
$300,000Manufacturers and Traders Trust
Arts, entertainment and recreation8
7%
$87,500Manufacturers and Traders Trust
Retail5
5%
$100,000Manufacturers and Traders Trust
Manufacturing4
4%
$609,500Potomac Bank
Loan size mix
  • Under $150,00038%
  • $150,000 to $500,00034%
  • $500,000 to $2 million25%
  • $2 million and up4%
Compared with Virginia
Median loan, Midlothian
$200,000
Median loan, Virginia
$232,000
Startup share, Midlothian
53%
Startup share, Virginia
37%
Share of state's SBA loans
1.9%

SBA loans per fiscal year in Midlothian

0132740FY14: 16 loansFY14FY15: 21 loansFY15FY16: 22 loansFY16FY17: 19 loansFY17FY18: 14 loansFY18FY19: 11 loansFY19FY20: 6 loansFY20FY21: 15 loansFY21FY22: 16 loansFY22FY23: 20 loansFY23FY24: 23 loansFY24FY25: 31 loansFY2531FY26 (Oct to Jun): 19 loansFY2619
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.