Virginia · Restaurants & Hotels
SBA loans for restaurants & hotels in Virginia
2,279 loans worth $1.65B approved since FY2010 for accommodation and food services projects located in Virginia.
Loans
2,279
Approved
$1.65B
Median loan
$320,000
+7% vs sector nationally
Median rate
7.00%
Jobs supported
42,023
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 restaurants & hotels in Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| GBank | 60 | $160.7M | |
| Business Finance Group, Inc. | 134 | $155.3M | |
| 504 Capital Corporation | 84 | $86.8M | |
| The Huntington National Bank | 88 | $77.6M | |
| Rappahannock Economic Development Corporation | 38 | $47.4M | |
| Truist Bank | 111 | $43.0M | |
| BankUnited | 24 | $41.4M | |
| Manufacturers and Traders Trust Company | 201 | $37.3M |
Detail
Which industries inside the sector
All SBA lending in Virginia
17,183 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in Virginia?
- 2,279 SBA loans totalling $1,648,787,700 have been approved for accommodation and food services projects in Virginia since FY2010.
- Which lenders finance restaurants & hotels in Virginia?
- The most active by dollars approved are GBank, Business Finance Group, Inc., 504 Capital Corporation, The Huntington National Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in Virginia?
- The median approval is $320,000, 7% above the national median for this sector ($300,000).
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