SHANE PIERSON · SBA DATA
SBA Lending by State · Virginia

SBA Lending in Virginia

Virginia is a mid-sized SBA market concentrated in professional services, growing +6%.

29,873
Total SBA loans
$10.8B
Approved dollars
3.5
Loans per 1,000 businesses / yr
+6%
Growth, 2010s to 2020s
11.3%
Active-loan distress
#22
Rank, national volume
#48
Rank, loans per business

Every SBA 7(a) and 504 loan approved in Virginia since 1991 sits in the public federal record. Virginia accounts for 29,873 of them, worth $10.8B, split 25,274 under 7(a) and 4,599 under 504. Roughly 16% of 7(a) went to startups and new businesses.

Top industries funded in Virginia

  • Professional Services3,276 loans · $982M
  • Retail3,237 loans · $807M
  • Food & Lodging2,907 loans · $1.5B
  • Other2,510 loans · $514M
  • Personal Services2,302 loans · $708M
  • Construction2,182 loans · $542M

Program mix

25,274
7(a) loans
4,599
504 loans
16%
To startups & new businesses
84%
To existing businesses
See Virginia on the interactive map

Drill Virginia to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

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Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026.