Virginia · Education
SBA loans for education in Virginia
377 loans worth $151.5M approved since FY2010 for educational services projects located in Virginia.
Loans
377
Approved
$151.5M
Median loan
$150,000
+0% vs sector nationally
Median rate
7.75%
Jobs supported
4,045
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 Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Business Finance Group, Inc. | 36 | $29.8M | |
| 504 Capital Corporation | 14 | $10.1M | |
| Wells Fargo Bank | 46 | $9.2M | |
| Manufacturers and Traders Trust Company | 50 | $7.5M | |
| Live Oak Banking Company | 3 | $7.4M | |
| Truist Bank | 18 | $6.9M | |
| Newtek Bank | 11 | $6.7M | |
| EagleBank | 11 | $6.5M |
Detail
Which industries inside the sector
All SBA lending in Virginia
17,183 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 Virginia?
- 377 SBA loans totalling $151,535,800 have been approved for educational services projects in Virginia since FY2010.
- Which lenders finance education in Virginia?
- The most active by dollars approved are Business Finance Group, Inc., 504 Capital Corporation, Wells Fargo Bank, Manufacturers and Traders Trust Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for education in Virginia?
- The median approval is $150,000.
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