325 SBA loans worth $199.9M went to businesses in Virginia Beach, VA between October 2021 and June 2026, from 69 lenders. Huntington National Bank made the most, 33 loans. The median loan was $275,000, compared with $232,000 across Virginia, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 33 | $10.6M | $265,000 | 55% |
| 2 | 504 Capital Certified development company · Chesapeake, VA | 29 | $16.7M | $447,000 | 10% |
| 3 | Northeast Bank Bank · Portland, ME | 22 | $3.0M | $75,650 | 14% |
| 4 | Newtek Bank Bank · Miami, FL | 18 | $6.4M | $75,000 | 17% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 18 | $3.8M | $50,000 | 22% |
| 6 | United Midwest Savings Bank Bank · Degraff, OH | 15 | $5.9M | $150,000 | 80% |
| 7 | Atlantic Union Bank Bank · Richmond City, VA | 14 | $4.8M | $175,000 | 79% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 12 | $1.9M | $145,500 | 0% |
| 9 | Business Finance Group Certified development company · Fairfax, VA | 11 | $11.9M | $651,000 | 9% |
| 10 | Fulton Bank Bank · Lancaster, PA | 10 | $6.1M | $337,500 | 60% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 9 | $14.0M | $800,000 | 22% |
| 12 | Capital Bank Bank · Rockville, MD | 9 | $8.8M | $678,200 | 33% |
| 13 | Wells Fargo Bank Bank · Sioux Falls, SD | 8 | $428K | $15,000 | 100% |
| 14 | Celtic Bank Bank · Salt Lake City, UT | 7 | $2.9M | $150,000 | 0% |
| 15 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 7 | $2.0M | $130,000 | 14% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 48 | $267,000 | Atlantic Union Bank | |
| Restaurants and hotels | 38 | $320,250 | Huntington National Bank | |
| Other services (repair, personal care) | 36 | $339,500 | Huntington National Bank | |
| Professional and technical services | 36 | $264,250 | 504 Capital | |
| Construction | 35 | $170,000 | United Midwest Savings Bank | |
| Arts, entertainment and recreation | 32 | $491,250 | Atlantic Union Bank | |
| Retail | 27 | $347,000 | Newtek Small Business Finance | |
| Manufacturing | 17 | $350,000 | WesBanco Bank |