SHANE PIERSON · SBA DATA
SBA by City · Virginia Beach, VA

SBA Lending in Virginia Beach, Virginia

The SBA FOIA record lists 1,457 7(a) approvals worth $411M for businesses in Virginia Beach, VA, and annual volume has grown 6% versus the prior decade.

1,457
7(a) loans
$411M
Approved dollars
$282,026
Average loan size
#2
Rank in Virginia
+6%
Annualized vs prior decade
8.9%
Active-status distress

Virginia Beach is the #2 SBA 7(a) market in Virginia and #111 in the country. Since 1991 the FOIA record lists 1,457 approvals here worth $411M, averaging $282,026 each. Annual approval volume has grown 6% between FY2013-2019 and FY2020-2026. Among 258 active-status loans, 8.9% are delinquent, past due, or in liquidation. The local business type with the most listed records is limited-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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