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Virginia · Health Care
SBA loans for health care in Virginia
1,957 loans worth $1.09B approved since FY2010 for health care and social assistance projects located in Virginia.
Loans
1,957
Approved
$1.09B
Median loan
$250,000
+0% vs sector nationally
Median rate
7.00%
Jobs supported
28,425
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 health care in Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 108 | $155.2M | |
| Business Finance Group, Inc. | 213 | $133.3M | |
| Wells Fargo Bank | 186 | $85.3M | |
| 504 Capital Corporation | 90 | $49.3M | |
| Truist Bank | 116 | $42.2M | |
| First National Bank of Pennsylvania | 31 | $37.3M | |
| PNC Bank | 55 | $29.4M | |
| Capital One | 20 | $23.8M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for health care in Virginia since FY2010 was $250,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Virginia
17,183 loans across every sector.
Health Care nationally
105,632 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to health care businesses in Virginia?
- 1,957 SBA loans totalling $1,094,963,200 have been approved for health care and social assistance projects in Virginia since FY2010.
- Which lenders finance health care in Virginia?
- The most active by dollars approved are Live Oak Banking Company, Business Finance Group, Inc., Wells Fargo Bank, 504 Capital Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for health care in Virginia?
- The median approval is $250,000.
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