Virginia · Professional Services
SBA loans for professional services in Virginia
2,585 loans worth $1.06B approved since FY2010 for professional, scientific, and technical services projects located in Virginia.
Loans
2,585
Approved
$1.06B
Median loan
$150,000
+0% vs sector nationally
Median rate
7.31%
Jobs supported
29,588
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 professional services in Virginia
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 102 | $160.2M | |
| Truist Bank | 224 | $85.0M | |
| Atlantic Union Bank | 132 | $74.4M | |
| Business Finance Group, Inc. | 125 | $71.5M | |
| Manufacturers and Traders Trust Company | 325 | $47.1M | |
| Wells Fargo Bank | 247 | $43.8M | |
| 504 Capital Corporation | 71 | $28.9M | |
| Newtek Bank | 62 | $27.3M |
Detail
Which industries inside the sector
All SBA lending in Virginia
17,183 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in Virginia?
- 2,585 SBA loans totalling $1,060,078,200 have been approved for professional, scientific, and technical services projects in Virginia since FY2010.
- Which lenders finance professional services in Virginia?
- The most active by dollars approved are Live Oak Banking Company, Truist Bank, Atlantic Union Bank, Business Finance Group, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in Virginia?
- The median approval is $150,000.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.