SBA 7(a) lenders in Pittsylvania, VA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
18 institutions have SBA 7(a) loans on record in Pittsylvania, together $8.3M across 32 loans. Live Oak Banking Company is the largest, with 26% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 1 | $2.1M | 25.8% | 0.00% |
| 2 | The First Bank and Trust Company | 4 | $1.9M | 23.1% | 0.00% |
| 3 | Atlantic Union Bank | 1 | $881K | 10.6% | 0.00% |
| 4 | Citizens Bank | 1 | $596K | 7.1% | 0.00% |
| 5 | Wilmington Savings Fund Society FSB | 1 | $530K | 6.3% | 0.00% |
| 6 | HomeTrust Bank | 1 | $429K | 5.1% | 0.00% |
| 7 | First Community Bank | 4 | $305K | 3.7% | 23.78% |
| 8 | Truist Bank | 2 | $302K | 3.6% | 0.00% |
| 9 | Northeast Bank | 2 | $300K | 3.6% | 0.00% |
| 10 | Manufacturers and Traders Trust Company | 2 | $250K | 3.0% | 0.00% |
| 11 | First Bank of the Lake | 1 | $150K | 1.8% | 0.00% |
| 12 | BayFirst National Bank | 1 | $150K | 1.8% | 88.52% |
| 13 | Blue Ridge Bank National Association | 1 | $150K | 1.8% | 0.00% |
| 14 | Celtic Bank Corporation | 1 | $100K | 1.2% | 0.00% |
| 15 | VelocitySBA, LLC | 5 | $53K | 0.6% | 23.14% |
| 16 | Wells Fargo Bank National Association | 2 | $45K | 0.5% | 64.87% |
| 17 | Columbia Bank | 1 | $25K | 0.3% | 0.00% |
| 18 | Bank of Hope | 1 | $5K | 0.1% | 91.53% |
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 | Other services | 7 | $2.5M | 29.5% |
| 2 | Agriculture, forestry & fishing | 2 | $1.5M | 17.7% |
| 3 | Retail trade | 7 | $1.3M | 16.1% |
| 4 | Accommodation & food services | 6 | $1.3M | 16.0% |
| 5 | Construction | 3 | $729K | 8.7% |
| 6 | Retail trade | 1 | $596K | 7.1% |
| 7 | Health care & social assistance | 2 | $265K | 3.2% |
| 8 | Administrative & waste services | 1 | $100K | 1.2% |
| 9 | Transportation & warehousing | 1 | $30K | 0.4% |
| 10 | Professional & technical services | 1 | $8K | 0.1% |
| 11 | Educational services | 1 | $5K | 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.