Retail trade lenders in Richmond City, VA
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
28 institutions have SBA 7(a) loans on record to this industry in Richmond City, VA, together $17.8M across 59 loans. Wachovia SBA Lending, Inc. is the largest, with 12% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Wachovia SBA Lending, Inc. | 2 | $2.1M | 11.7% |
| 2 | Bank of Hope | 4 | $1.6M | 8.8% |
| 3 | Truist Bank | 4 | $1.5M | 8.5% |
| 4 | First Community Bank | 1 | $1.2M | 6.8% |
| 5 | TowneBank | 2 | $1.1M | 6.2% |
| 6 | Metro City Bank | 1 | $1.1M | 6.2% |
| 7 | Manufacturers and Traders Trust Company | 9 | $1.1M | 6.1% |
| 8 | Wells Fargo Bank National Association | 5 | $1.1M | 5.9% |
| 9 | Locus Bank Inc | 4 | $872K | 4.9% |
| 10 | EagleBank | 1 | $750K | 4.2% |
| 11 | Hanmi Bank | 1 | $724K | 4.1% |
| 12 | Newtek Small Business Finance, Inc. | 3 | $710K | 4.0% |
| 13 | Northeast Bank | 3 | $550K | 3.1% |
| 14 | The Huntington National Bank | 1 | $500K | 2.8% |
| 15 | First Bank | 1 | $500K | 2.8% |
| 16 | Shoreham Bank | 1 | $400K | 2.2% |
| 17 | Mechanics and Farmers Bank | 1 | $353K | 2.0% |
| 18 | PromiseOne Bank | 1 | $290K | 1.6% |
| 19 | Ameris Bank | 1 | $261K | 1.5% |
| 20 | Atlantic Union Bank | 4 | $240K | 1.3% |
| 21 | TD Bank, National Association | 1 | $200K | 1.1% |
| 22 | CDC Small Business Finance Corp. | 1 | $180K | 1.0% |
| 23 | Business Finance Group, Inc. | 1 | $176K | 1.0% |
| 24 | Primis Bank | 2 | $154K | 0.9% |
| 25 | Peoples Bank | 1 | $120K | 0.7% |
| 26 | Bank of America, National Association | 1 | $50K | 0.3% |
| 27 | Citizens and Farmers Bank | 1 | $50K | 0.3% |
| 28 | VelocitySBA, LLC | 1 | $5K | 0.0% |
See retail trade lenders nationally
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.