SBA 7(a) lenders in King William, VA
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
14 institutions have SBA 7(a) loans on record in King William, together $4.8M across 21 loans. Port 51 Lending LLC is the largest, with 25% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Port 51 Lending LLC | 1 | $1.2M | 25.1% | 0.00% |
| 2 | Newtek Bank, National Association | 2 | $868K | 18.2% | 0.00% |
| 3 | First National Bank of Pennsylvania | 1 | $583K | 12.2% | 0.00% |
| 4 | SouthState Bank, National Association | 1 | $330K | 6.9% | 0.00% |
| 5 | Fifth Third Bank | 1 | $315K | 6.6% | 0.00% |
| 6 | Atlantic Union Bank | 2 | $310K | 6.5% | 0.00% |
| 7 | United Midwest Savings Bank National Association | 1 | $275K | 5.8% | 0.00% |
| 8 | Langley FCU | 2 | $167K | 3.5% | 0.00% |
| 9 | BayFirst National Bank | 1 | $150K | 3.1% | 0.00% |
| 10 | First Bank of the Lake | 1 | $150K | 3.1% | 0.00% |
| 11 | Manufacturers and Traders Trust Company | 3 | $145K | 3.0% | 0.00% |
| 12 | Primis Bank | 3 | $123K | 2.6% | 0.01% |
| 13 | Live Oak Banking Company | 1 | $113K | 2.4% | 0.00% |
| 14 | Truist Bank | 1 | $53K | 1.1% | 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 | 2 | $1.5M | 31.7% |
| 2 | Administrative & waste services | 4 | $998K | 20.9% |
| 3 | Construction | 2 | $858K | 17.9% |
| 4 | Wholesale trade | 1 | $500K | 10.5% |
| 5 | Retail trade | 4 | $261K | 5.5% |
| 6 | Retail trade | 1 | $250K | 5.2% |
| 7 | Professional & technical services | 3 | $233K | 4.9% |
| 8 | Other services | 1 | $60K | 1.3% |
| 9 | Transportation & warehousing | 1 | $53K | 1.1% |
| 10 | Real estate & leasing | 1 | $29K | 0.6% |
| 11 | Manufacturing | 1 | $25K | 0.5% |
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.