Virginia · Manufacturing
SBA loans for manufacturing in Virginia
336 loans worth $156.0M approved since FY2010 for manufacturing projects located in Virginia.
Loans
336
Approved
$156.0M
Median loan
$246,800
+23% vs sector nationally
Median rate
7.00%
Jobs supported
3,928
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 manufacturing in Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Business Finance Group, Inc. | 48 | $33.8M | |
| 504 Capital Corporation | 16 | $10.8M | |
| Live Oak Banking Company | 5 | $8.4M | |
| Primis Bank | 14 | $7.0M | |
| Beacon Bank and Trust | 3 | $6.8M | |
| Potomac Bank | 11 | $6.3M | |
| Rappahannock Economic Development Corporation | 5 | $5.0M | |
| Fulton Bank | 6 | $4.8M |
Detail
Which industries inside the sector
All SBA lending in Virginia
17,183 loans across every sector.
Manufacturing nationally
21,271 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to manufacturing businesses in Virginia?
- 336 SBA loans totalling $155,976,300 have been approved for manufacturing projects in Virginia since FY2010.
- Which lenders finance manufacturing in Virginia?
- The most active by dollars approved are Business Finance Group, Inc., 504 Capital Corporation, Live Oak Banking Company, Primis Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for manufacturing in Virginia?
- The median approval is $246,800, 23% above the national median for this sector ($200,000).
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