SBA 7(a) lenders in Prince Edward, VA
Approvals in SBA fiscal years 2009–2026. Source data as of 2026-06-30.
Lenders
17 institutions have SBA 7(a) loans on record in Prince Edward, together $21.8M across 27 loans. Lender 2582371 is the largest, with 17% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Lender 2582371 | 2 | $3.7M | 16.9% | 0.00% |
| 2 | The Huntington National Bank | 1 | $2.6M | 12.0% | 0.00% |
| 3 | Wells Fargo Bank National Association | 5 | $2.5M | 11.5% | 0.00% |
| 4 | Truist Bank | 4 | $2.5M | 11.4% | 0.00% |
| 5 | US Metro Bank | 1 | $2.0M | 9.0% | 0.00% |
| 6 | GBank | 1 | $1.8M | 8.4% | 0.00% |
| 7 | Live Oak Banking Company | 1 | $1.5M | 6.8% | 0.00% |
| 8 | Celtic Bank Corporation | 1 | $1.4M | 6.6% | 0.00% |
| 9 | First Financial Bank | 1 | $1.2M | 5.6% | 0.00% |
| 10 | Citizens Bank | 1 | $703K | 3.2% | 0.00% |
| 11 | United Midwest Savings Bank National Association | 1 | $603K | 2.8% | 0.00% |
| 12 | Columbia Bank | 1 | $600K | 2.8% | 0.00% |
| 13 | Primis Bank | 2 | $300K | 1.4% | 0.00% |
| 14 | BayFirst National Bank | 1 | $117K | 0.5% | 0.00% |
| 15 | Northeast Bank | 1 | $117K | 0.5% | 0.00% |
| 16 | Manufacturers and Traders Trust Company | 2 | $115K | 0.5% | 0.00% |
| 17 | VelocitySBA, LLC | 1 | $8K | 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 | 7 | $12.3M | 56.4% |
| 2 | Retail trade | 4 | $3.1M | 14.3% |
| 3 | Health care & social assistance | 3 | $1.5M | 6.9% |
| 4 | Agriculture, forestry & fishing | 2 | $1.5M | 6.8% |
| 5 | Arts, entertainment & recreation | 1 | $1.4M | 6.6% |
| 6 | Other services | 1 | $955K | 4.4% |
| 7 | Finance & insurance | 1 | $603K | 2.8% |
| 8 | Professional & technical services | 2 | $152K | 0.7% |
| 9 | Construction | 3 | $140K | 0.6% |
| 10 | Transportation & warehousing | 1 | $73K | 0.3% |
| 11 | Real estate & leasing | 1 | $50K | 0.2% |
| 12 | Wholesale trade | 1 | $8K | 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.