Virginia · Information
SBA loans for information in Virginia
203 loans worth $52.9M approved since FY2010 for information projects located in Virginia.
Loans
203
Approved
$52.9M
Median loan
$100,000
-33% vs sector nationally
Median rate
7.50%
Jobs supported
1,275
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 information in Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Truist Bank | 28 | $10.0M | |
| Live Oak Banking Company | 4 | $7.3M | |
| Newtek Small Business Finance, Inc. | 2 | $3.2M | |
| Wells Fargo Bank | 30 | $3.1M | |
| Business Finance Group, Inc. | 8 | $2.6M | |
| Manufacturers and Traders Trust Company | 25 | $2.3M | |
| Newtek Bank | 9 | $2.3M | |
| Bank of America | 5 | $1.7M |
Detail
Which industries inside the sector
All SBA lending in Virginia
17,183 loans across every sector.
Information nationally
11,001 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to information businesses in Virginia?
- 203 SBA loans totalling $52,866,800 have been approved for information projects in Virginia since FY2010.
- Which lenders finance information in Virginia?
- The most active by dollars approved are Truist Bank, Live Oak Banking Company, Newtek Small Business Finance, Inc., Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for information in Virginia?
- The median approval is $100,000, 33% below the national median for this sector ($150,000).
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