287 SBA loans worth $123.2M went to businesses in Richmond, VA between October 2021 and June 2026, from 63 lenders. Manufacturers and Traders Trust made the most, 35 loans. The median loan was $209,700, 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 | 35 | $4.0M | $60,000 | 46% |
| 2 | Huntington National Bank Bank · Columbus, OH | 18 | $8.4M | $292,500 | 44% |
| 3 | Business Finance Group Certified development company · Fairfax, VA | 18 | $7.3M | $342,000 | 11% |
| 4 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 18 | $3.4M | $98,000 | 11% |
| 5 | Northeast Bank Bank · Portland, ME | 17 | $2.9M | $150,000 | 6% |
| 6 | Newtek Bank Bank · Miami, FL | 16 | $6.0M | $125,000 | 25% |
| 7 | Wells Fargo Bank Bank · Sioux Falls, SD | 14 | $4.7M | $15,000 | 79% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 13 | $1.9M | $150,000 | 0% |
| 9 | TowneBank Bank · Portsmouth, VA | 12 | $6.6M | $459,350 | 8% |
| 10 | SouthState Bank Bank · Winter Haven, FL | 11 | $4.6M | $160,000 | 0% |
| 11 | Bank of America Bank · Charlotte, NC | 8 | $1.8M | $175,000 | 12% |
| 12 | 504 Capital Certified development company · Chesapeake, VA | 7 | $4.0M | $309,000 | 0% |
| 13 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 7 | $1.6M | $224,000 | 0% |
| 14 | First National Bank of Pennsylvania Bank · Greenville, PA | 6 | $4.6M | $538,400 | 0% |
| 15 | United Midwest Savings Bank Bank · Degraff, OH | 6 | $3.3M | $200,000 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 40 | $145,000 | Manufacturers and Traders Trust | |
| Retail | 39 | $250,000 | Northeast Bank | |
| Construction | 34 | $250,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 34 | $263,750 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 34 | $275,000 | Huntington National Bank | |
| Health care and social assistance | 30 | $242,500 | Huntington National Bank | |
| Manufacturing | 17 | $658,000 | Business Finance Group | |
| Administrative and support services | 11 | $150,000 | Readycap Lending |