SBA 7(a) lenders in Chesterfield, VA

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

Lenders

77 institutions have SBA 7(a) loans on record in Chesterfield, together $295.9M across 713 loans. TowneBank is the largest, with 9% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	TowneBank	48	$25.3M	8.6%	1.27%
2	Wells Fargo Bank National Association	105	$24.8M	8.4%	2.57%
3	First National Bank of Pennsylvania	25	$22.5M	7.6%	4.56%
4	Live Oak Banking Company	17	$21.1M	7.1%	0.00%
5	Primis Bank	41	$20.7M	7.0%	0.54%
6	Truist Bank	58	$17.1M	5.8%	4.78%
7	Readycap Lending, LLC	22	$13.1M	4.4%	10.20%
8	GBank	5	$11.3M	3.8%	0.00%
9	SouthState Bank, National Association	14	$8.7M	2.9%	2.11%
10	First-Citizens Bank & Trust Company	7	$8.2M	2.8%	0.00%
11	New Horizon Bank, National Association	9	$5.9M	2.0%	0.64%
12	Celtic Bank Corporation	18	$5.5M	1.9%	1.71%
13	Newtek Bank, National Association	17	$5.0M	1.7%	0.00%
14	Manufacturers and Traders Trust Company	53	$5.0M	1.7%	0.38%
15	Pathward National Association	2	$5.0M	1.7%	0.00%
16	America First Federal Credit Union	1	$5.0M	1.7%	0.00%
17	Commonwealth Business Bank	1	$5.0M	1.7%	0.00%
18	Hanmi Bank	3	$4.8M	1.6%	0.00%
19	Stearns Bank National Association	10	$4.8M	1.6%	0.00%
20	The Huntington National Bank	15	$4.7M	1.6%	0.00%
21	Newtek Small Business Finance, Inc.	14	$4.6M	1.6%	0.00%
22	PNC Bank, National Association	5	$4.2M	1.4%	0.00%
23	First Financial Bank	3	$3.9M	1.3%	0.00%
24	TD Bank, National Association	3	$3.9M	1.3%	0.00%
25	BankUnited, National Association	3	$3.6M	1.2%	0.00%
26	United Midwest Savings Bank National Association	14	$3.3M	1.1%	8.10%
27	United Community Bank	2	$3.0M	1.0%	0.00%
28	Truliant FCU	3	$2.9M	1.0%	0.00%
29	Columbia Bank	14	$2.7M	0.9%	4.30%
30	Atlantic Union Bank	20	$2.3M	0.8%	0.00%
31	First Community Bank	12	$2.2M	0.7%	1.74%
32	Northeast Bank	13	$2.1M	0.7%	0.00%
33	Bank of Hope	9	$2.0M	0.7%	3.71%
34	BayFirst National Bank	12	$1.9M	0.7%	11.94%
35	Bank of America, National Association	10	$1.9M	0.6%	0.00%
36	First Security Bank of Nevada	1	$1.8M	0.6%	0.00%
37	Citizens Bank	4	$1.7M	0.6%	0.00%
38	Potomac Bank	3	$1.6M	0.6%	0.00%
39	The Bancorp Bank National Association	3	$1.6M	0.5%	0.00%
40	Banc of California	2	$1.5M	0.5%	0.00%
41	Wilmington Savings Fund Society FSB	2	$1.4M	0.5%	0.00%
42	Fulton Bank, National Association	4	$1.4M	0.5%	0.00%
43	Locus Bank Inc	5	$1.2M	0.4%	0.00%
44	First Bank	1	$1.1M	0.4%	0.00%
45	The First Bank and Trust Company	1	$1.1M	0.4%	0.00%
46	EagleBank	4	$892K	0.3%	0.00%
47	VelocitySBA, LLC	15	$886K	0.3%	2.72%
48	CenTrust Bank, A Division of SmartBiz Bank National Association	5	$850K	0.3%	0.00%
49	Bank Five Nine	1	$775K	0.3%	0.00%
50	Lendistry SBLC, LLC	6	$741K	0.3%	0.00%
51	Simmons Bank	5	$734K	0.2%	0.00%
52	First Bank of the Lake	2	$660K	0.2%	0.00%
53	Harvest Small Business Finance, LLC	1	$638K	0.2%	0.00%
54	North State Bank	1	$620K	0.2%	0.00%
55	Magnifi Financial CU	2	$586K	0.2%	0.00%
56	Select Bank	2	$530K	0.2%	0.00%
57	CIBC Bank USA	1	$529K	0.2%	0.00%
58	Quaint Oak Bank	1	$500K	0.2%	0.00%
59	Citizens and Farmers Bank	5	$402K	0.1%	21.41%
60	Byline Bank	1	$385K	0.1%	0.00%
61	Oak View National Bank	1	$339K	0.1%	0.00%
62	Citizens Bank and Trust Company	3	$300K	0.1%	16.65%
63	Burke & Herbert Bank & Trust Company	1	$300K	0.1%	0.00%
64	American Momentum Bank	1	$284K	0.1%	0.00%
65	Popular Bank	2	$252K	0.1%	68.74%
66	Southern Bank and Trust Company	1	$250K	0.1%	0.00%
67	Carver State Bank	1	$245K	0.1%	49.65%
68	JPMorgan Chase Bank, National Association	3	$245K	0.1%	4.67%
69	Five Star Bank	2	$225K	0.1%	0.00%
70	CDC Small Business Finance Corp.	1	$190K	0.1%	0.00%
71	Industrial Bank	1	$162K	0.1%	0.00%
72	FinWise Bank	1	$150K	0.1%	0.00%
73	Navy FCU	1	$150K	0.1%	0.00%
74	Capital One National Association	4	$140K	0.0%	0.00%
75	Independence Bank	1	$125K	0.0%	0.00%
76	Richmond Economic Development Corporation	2	$120K	0.0%	0.00%
77	United Bank	1	$100K	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	Accommodation & food services	85	$58.1M	19.6%
2	Health care & social assistance	90	$53.7M	18.1%
3	Other services	79	$30.1M	10.2%
4	Construction	83	$27.5M	9.3%
5	Professional & technical services	81	$26.4M	8.9%
6	Wholesale trade	26	$14.7M	5.0%
7	Retail trade	44	$14.5M	4.9%
8	Arts, entertainment & recreation	33	$12.5M	4.2%
9	Administrative & waste services	50	$11.8M	4.0%
10	Retail trade	24	$8.6M	2.9%
11	Manufacturing	12	$8.2M	2.8%
12	Manufacturing	12	$6.5M	2.2%
13	Real estate & leasing	10	$6.2M	2.1%
14	Transportation & warehousing	25	$4.0M	1.3%
15	Finance & insurance	13	$3.3M	1.1%
16	Transportation & warehousing	7	$3.3M	1.1%
17	Educational services	18	$2.4M	0.8%
18	Manufacturing	11	$2.0M	0.7%
19	Agriculture, forestry & fishing	1	$1.3M	0.5%
20	Information	6	$722K	0.2%
21	Public administration	2	$67K	0.0%
22	Utilities	1	$20K	0.0%

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.