SBA Lending in Richmond, Virginia
Businesses in Richmond, VA have drawn 1,821 SBA 7(a) loans worth $489M, and annual volume has fallen 19% versus the prior decade.
- 1,821
- 7(a) loans
- $489M
- Approved dollars
- $268,319
- Average loan size
- #1
- Rank in Virginia
- -19%
- Annualized vs prior decade
- 11.8%
- Active-loan distress
Richmond is the #1 SBA 7(a) market in Virginia and #85 in the country. Since 1991 lenders have approved 1,821 loans here worth $489M, averaging $268,319 each. Annual approval volume has fallen 19% between FY2013-2019 and FY2020-2026. 11.8% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.
What Richmond borrows for
Who lends in Richmond
Open the national map, drill into Virginia, and compare Richmond against every zip code in the state.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.