SBA 7(a) lenders in Chesapeake City, VA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

76 institutions have SBA 7(a) loans on record in Chesapeake City, together $195.5M across 475 loans. Live Oak Banking Company is the largest, with 11% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Live Oak Banking Company	16	$22.2M	11.3%	0.00%
2	Fulton Bank, National Association	51	$19.6M	10.0%	8.30%
3	Wells Fargo Bank National Association	63	$18.3M	9.4%	2.55%
4	Truist Bank	48	$14.6M	7.5%	0.79%
5	Celtic Bank Corporation	15	$9.9M	5.1%	1.46%
6	The Huntington National Bank	18	$7.4M	3.8%	0.00%
7	Byline Bank	4	$7.0M	3.6%	0.00%
8	Atlantic Union Bank	11	$7.0M	3.6%	0.00%
9	Capital Bank, National Association	6	$6.7M	3.4%	0.00%
10	Citizens Bank	6	$6.5M	3.3%	0.00%
11	Newtek Bank, National Association	18	$6.1M	3.1%	0.00%
12	Truliant FCU	1	$4.2M	2.2%	0.00%
13	First National Bank of Pennsylvania	2	$3.5M	1.8%	0.00%
14	Hanmi Bank	1	$3.5M	1.8%	0.00%
15	Readycap Lending, LLC	8	$3.5M	1.8%	0.00%
16	Newtek Small Business Finance, Inc.	5	$3.3M	1.7%	0.00%
17	BayPort Federal Credit Union	11	$3.2M	1.6%	0.00%
18	Bank of America, National Association	11	$3.2M	1.6%	0.00%
19	TowneBank	10	$3.1M	1.6%	4.42%
20	BayFirst National Bank	14	$2.3M	1.2%	13.13%
21	Southern Bank and Trust Company	13	$2.2M	1.1%	0.00%
22	The Bancorp Bank National Association	1	$2.2M	1.1%	0.00%
23	Hana Small Business Lending, Inc.	1	$2.1M	1.1%	0.00%
24	United Midwest Savings Bank National Association	12	$1.9M	0.9%	7.24%
25	Hanover Community Bank	1	$1.8M	0.9%	0.00%
26	CIBM Bank	1	$1.5M	0.8%	0.00%
27	Associated Bank National Association	3	$1.5M	0.8%	0.00%
28	Columbia Bank	5	$1.4M	0.7%	0.00%
29	PNC Bank, National Association	7	$1.4M	0.7%	0.00%
30	Harvest Small Business Finance, LLC	2	$1.3M	0.7%	0.00%
31	Ameris Bank	2	$1.2M	0.6%	0.00%
32	Farmers State Bank of Alto Pass, Illinois	1	$1.2M	0.6%	0.00%
33	Bank Five Nine	1	$1.2M	0.6%	0.00%
34	Stearns Bank National Association	6	$1.1M	0.6%	7.00%
35	Touchmark National Bank	1	$1.1M	0.6%	29.74%
36	Popular Bank	4	$1.1M	0.6%	50.45%
37	Wachovia SBA Lending, Inc.	1	$1.0M	0.5%	0.00%
38	Northeast Bank	11	$1.0M	0.5%	0.00%
39	Regions Bank	2	$972K	0.5%	0.00%
40	First Bank	1	$916K	0.5%	0.00%
41	BankUnited, National Association	2	$909K	0.5%	0.00%
42	Meridian Bank	1	$780K	0.4%	0.00%
43	First Bank of the Lake	5	$753K	0.4%	0.00%
44	Mid-Atlantic Federal Credit Union	2	$650K	0.3%	0.00%
45	Primis Bank	3	$626K	0.3%	0.00%
46	City First Bank, National Association	2	$600K	0.3%	0.00%
47	Magnifi Financial CU	1	$560K	0.3%	0.00%
48	Beacon Bank and Trust	1	$555K	0.3%	0.00%
49	Five Star Bank	2	$500K	0.3%	0.00%
50	Paragon Bank	1	$462K	0.2%	0.00%
51	First Commonwealth Bank	1	$422K	0.2%	0.00%
52	Bank of Hope	4	$393K	0.2%	86.34%
53	First-Citizens Bank & Trust Company	1	$364K	0.2%	56.35%
54	Thread Bank	1	$351K	0.2%	0.00%
55	JPMorgan Chase Bank, National Association	1	$350K	0.2%	0.00%
56	Langley FCU	3	$340K	0.2%	0.00%
57	Evolve Bank and Trust	1	$308K	0.2%	0.00%
58	Manufacturers and Traders Trust Company	4	$305K	0.2%	0.00%
59	Lendistry SBLC, LLC	2	$300K	0.2%	0.00%
60	United Western Bank	1	$283K	0.1%	89.33%
61	Grasshopper Bank National Association	1	$275K	0.1%	0.00%
62	Navy FCU	2	$250K	0.1%	0.00%
63	Mechanics and Farmers Bank	1	$249K	0.1%	0.00%
64	Optus Bank	1	$247K	0.1%	0.00%
65	VelocitySBA, LLC	23	$235K	0.1%	33.54%
66	SouthState Bank, National Association	2	$225K	0.1%	0.00%
67	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$200K	0.1%	0.00%
68	Accion Opportunity Fund Community Development	1	$170K	0.1%	0.00%
69	FinWise Bank	1	$150K	0.1%	0.00%
70	Pathward National Association	1	$150K	0.1%	0.00%
71	Heritage Bank Inc	1	$150K	0.1%	0.00%
72	Independence Bank	1	$125K	0.1%	0.00%
73	Carver State Bank	1	$108K	0.1%	79.69%
74	TD Bank, National Association	1	$100K	0.1%	0.00%
75	ABNB FCU	2	$90K	0.0%	0.00%
76	Stone Bank	1	$75K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Construction	69	$27.5M	14.1%
2	Health care & social assistance	49	$26.3M	13.5%
3	Accommodation & food services	47	$24.3M	12.4%
4	Professional & technical services	53	$21.4M	11.0%
5	Administrative & waste services	38	$11.9M	6.1%
6	Arts, entertainment & recreation	29	$11.1M	5.7%
7	Transportation & warehousing	38	$10.5M	5.4%
8	Educational services	17	$9.2M	4.7%
9	Other services	31	$9.2M	4.7%
10	Retail trade	20	$7.9M	4.1%
11	Retail trade	23	$7.8M	4.0%
12	Wholesale trade	10	$7.3M	3.8%
13	Manufacturing	11	$5.0M	2.5%
14	Finance & insurance	8	$4.3M	2.2%
15	Agriculture, forestry & fishing	2	$3.8M	1.9%
16	Real estate & leasing	8	$3.2M	1.6%
17	Information	8	$2.6M	1.3%
18	Manufacturing	5	$771K	0.4%
19	Manufacturing	5	$762K	0.4%
20	Mining & extraction	1	$250K	0.1%
21	Transportation & warehousing	3	$232K	0.1%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.