District of Columbia · Education
SBA loans for education in District of Columbia
45 loans worth $17.1M approved since FY2010 for educational services projects located in District of Columbia.
Loans
45
Approved
$17.1M
Median loan
$137,000
-9% vs sector nationally
Median rate
8.25%
Jobs supported
475
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to education in District of Columbia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 1 | $3.9M | |
| First Bank of the Lake | 1 | $2.7M | |
| Business Finance Group, Inc. | 2 | $2.5M | |
| Rappahannock Economic Development Corporation | 1 | $1.3M | |
| Manufacturers and Traders Trust Company | 11 | $1.1M | |
| Wells Fargo Bank | 5 | $990K | |
| Wilmington Savings Fund Society | 1 | $980K | |
| Newtek Bank | 4 | $710K |
Detail
Which industries inside the sector
All SBA lending in District of Columbia
1,874 loans across every sector.
Education nationally
15,349 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to education businesses in District of Columbia?
- 45 SBA loans totalling $17,101,100 have been approved for educational services projects in District of Columbia since FY2010.
- Which lenders finance education in District of Columbia?
- The most active by dollars approved are Live Oak Banking Company, First Bank of the Lake, Business Finance Group, Inc., Rappahannock Economic Development Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for education in District of Columbia?
- The median approval is $137,000, 9% below the national median for this sector ($150,000).
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