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SBA Lending DataEvery 7(a) lender, market and industry, from the SBA’s own public record. Free to use.

SBA 7(a) lenders in Lynchburg City, VA

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

Lenders

43 institutions have SBA 7(a) loans on record in Lynchburg City, together $48.7M across 119 loans. Select Bank is the largest, with 11% of approvals.

Showing
Yearsto
RankLenderLoansApprovedShareLoss rate
1Select Bank4$5.2M10.8%0.00%
2Pinnacle Bank4$4.6M9.4%0.00%
3Hanover Community Bank1$4.0M8.3%0.00%
4Live Oak Banking Company7$3.5M7.3%0.00%
5The First Bank and Trust Company17$3.4M6.9%0.00%
6Coastal States Bank2$3.3M6.9%0.00%
7Locus Bank Inc2$2.6M5.3%0.00%
8Wells Fargo Bank National Association9$2.5M5.2%0.00%
9Primis Bank4$2.5M5.1%0.00%
10First National Bank of Pennsylvania3$1.6M3.3%0.00%
11Truist Bank8$1.6M3.2%0.00%
12Byline Bank1$1.5M3.2%0.00%
13Beacon Bank and Trust1$1.1M2.3%0.00%
14First-Citizens Bank & Trust Company1$952K2.0%0.00%
15Readycap Lending, LLC3$942K1.9%0.00%
16The Huntington National Bank4$805K1.7%0.00%
17Stearns Bank National Association2$770K1.6%0.00%
18Newtek Small Business Finance, Inc.2$757K1.6%0.00%
19GBank1$667K1.4%0.00%
20Central Virginia Federal Credit Union5$522K1.1%0.00%
21FinWise Bank1$500K1.0%0.00%
22Grasshopper Bank National Association1$500K1.0%0.00%
23Popular Bank2$479K1.0%0.00%
24Celtic Bank Corporation4$450K0.9%13.04%
25Milestone Bank1$435K0.9%0.00%
26First Business Bank1$425K0.9%0.00%
27BankUnited, National Association2$425K0.9%0.00%
28The Bank of Edison1$366K0.8%0.00%
29Manufacturers and Traders Trust Company2$350K0.7%0.00%
30Associated Bank National Association2$305K0.6%0.00%
31Hanmi Bank1$230K0.5%0.00%
32Simmons Bank1$225K0.5%0.00%
33Shoreham Bank1$190K0.4%0.00%
34The National Bank of Blacksburg2$175K0.4%0.00%
35Fifth Third Bank1$175K0.4%0.00%
36Atlantic Union Bank3$128K0.3%0.00%
37Freedom First Federal Credit Union2$82K0.2%0.00%
38BayFirst National Bank1$75K0.2%0.00%
39Independence Bank1$75K0.2%96.73%
40VelocitySBA, LLC5$70K0.1%0.00%
41Newtek Bank, National Association1$30K0.1%0.00%
42Bank of America, National Association1$25K0.1%0.00%
43Bank of Hope1$20K0.0%92.98%

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

RankIndustryLoansApprovedShare of county
1Accommodation & food services22$13.0M26.7%
2Health care & social assistance5$6.0M12.4%
3Retail trade14$5.2M10.6%
4Professional & technical services14$4.5M9.3%
5Wholesale trade4$3.2M6.5%
6Manufacturing6$3.1M6.3%
7Administrative & waste services6$2.7M5.6%
8Construction6$2.1M4.4%
9Other services9$2.0M4.1%
10Real estate & leasing10$1.5M3.1%
11Manufacturing1$1.5M3.1%
12Retail trade7$1.2M2.5%
13Arts, entertainment & recreation3$958K2.0%
14Finance & insurance5$642K1.3%
15Manufacturing2$553K1.1%
16Information3$377K0.8%
17Transportation & warehousing1$70K0.1%
18Transportation & warehousing1$15K0.0%

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.