45 SBA loans worth $39.3M went to businesses in Suffolk, VA between October 2021 and June 2026, from 25 lenders. Fulton Bank made the most, 5 loans. The median loan was $350,000, compared with $232,000 across Virginia, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Fulton Bank Bank · Lancaster, PA | 5 | $3.7M | $826,000 | 60% |
| 2 | Wells Fargo Bank Bank · Sioux Falls, SD | 5 | $688K | $20,000 | 60% |
| 3 | 504 Capital Certified development company · Chesapeake, VA | 3 | $2.1M | $516,000 | 33% |
| 4 | Northeast Bank Bank · Portland, ME | 3 | $471K | $121,400 | 0% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $262K | $109,000 | 0% |
| 6 | Business Finance Group Certified development company · Fairfax, VA | 2 | $5.6M | $2,796,000 | 0% |
| 7 | Enterprise Bank & Trust Bank · Clayton, MO | 2 | $1.2M | $606,000 | 0% |
| 8 | Atlantic Union Bank Bank · Richmond City, VA | 2 | $1.0M | $505,000 | 100% |
| 9 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $628K | $314,000 | 50% |
| 10 | Newtek Bank Bank · Miami, FL | 2 | $350K | $175,000 | 50% |
| 11 | Colony Bank Bank · Fitzgerald, GA | 2 | $300K | $150,000 | 0% |
| 12 | Woori America Bank Bank · New York, NY | 1 | $5.0M | $5,000,000 | 0% |
| 13 | Rappahannock Economic Development Certified development company · Fredericksburg, VA | 1 | $3.8M | $3,808,000 | 100% |
| 14 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $3.7M | $3,690,000 | 100% |
| 15 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $3.7M | $3,651,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 7 | $826,000 | Fulton Bank | |
| Retail | 6 | $101,350 | Colony Bank | |
| Professional and technical services | 5 | $250,000 | CenTrust Bank, A Division of SmartBiz Bank | |
| Construction | 5 | $125,000 | Fulton Bank | |
| Health care and social assistance | 4 | $596,050 | Enterprise Bank & Trust | |
| Manufacturing | 4 | $57,500 | Wells Fargo Bank | |
| Transportation and warehousing | 3 | $500,000 | Wells Fargo Bank | |
| Restaurants and hotels | 3 | $1,425,000 | First Business Bank |