SBA 7(a) lenders in Virginia Beach City, VA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

107 institutions have SBA 7(a) loans on record in Virginia Beach City, together $373.8M across 882 loans. Fulton Bank, National Association is the largest, with 8% of approvals.

ShowingBanks 89Credit unions 6Non-depository lenders 12

YearsAll yearsLast 5 yearsLast 10 yearsDownturn, FY2008-09First fiscal yearFY2008FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026toLast fiscal yearFY2008FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026

Rank	Lender	Loans	Approved	Share	Loss rate
1	Fulton Bank, National Association	88	$31.5M	8.4%	11.14%
2	Live Oak Banking Company	17	$25.7M	6.9%	1.19%
3	Truist Bank	98	$25.0M	6.7%	2.25%
4	The Huntington National Bank	38	$16.3M	4.4%	4.99%
5	World Trade Finance, Inc.	4	$16.0M	4.3%	0.00%
6	Wells Fargo Bank National Association	83	$13.6M	3.6%	7.93%
7	Atlantic Union Bank	30	$12.5M	3.3%	0.00%
8	Capital Bank, National Association	11	$10.4M	2.8%	0.00%
9	BankUnited, National Association	7	$10.4M	2.8%	0.00%
10	United Midwest Savings Bank National Association	21	$8.6M	2.3%	3.14%
11	First National Bank of Pennsylvania	10	$8.6M	2.3%	28.44%
12	Readycap Lending, LLC	24	$8.0M	2.2%	17.03%
13	Byline Bank	6	$7.7M	2.0%	0.00%
14	First Business Bank	2	$7.4M	2.0%	0.00%
15	Southern Bank and Trust Company	44	$7.2M	1.9%	8.33%
16	Newtek Bank, National Association	17	$6.4M	1.7%	0.00%
17	PNC Bank, National Association	16	$6.2M	1.6%	2.57%
18	Genisys CU	3	$5.8M	1.6%	0.00%
19	Celtic Bank Corporation	19	$5.6M	1.5%	6.28%
20	Newtek Small Business Finance, LLC	22	$5.6M	1.5%	0.00%
21	Commonwealth Business Bank	2	$5.3M	1.4%	0.00%
22	FWBank	2	$5.3M	1.4%	0.00%
23	Metro City Bank	1	$5.0M	1.3%	0.00%
24	Beacon Bank and Trust	2	$4.6M	1.2%	0.00%
25	Hanmi Bank	4	$4.5M	1.2%	0.00%
26	WesBanco Bank, Inc.	2	$4.3M	1.2%	0.00%
27	Northeast Bank	29	$3.8M	1.0%	0.00%
28	Locus Bank Inc	13	$3.7M	1.0%	0.00%
29	East West Bank	1	$3.7M	1.0%	0.00%
30	First Internet Bank of Indiana	2	$3.6M	1.0%	0.00%
31	BayFirst National Bank	19	$3.6M	1.0%	8.93%
32	SouthState Bank, National Association	6	$3.5M	0.9%	2.73%
33	FDIC - Community Bank & Trust-West Georgia	1	$3.4M	0.9%	0.00%
34	Banc of California	1	$3.4M	0.9%	0.00%
35	Happen Bank	5	$3.4M	0.9%	2.72%
36	Cross River Bank	1	$3.3M	0.9%	0.00%
37	Bank of America, National Association	10	$3.3M	0.9%	0.00%
38	Peapack Private Bank and Trust	1	$3.3M	0.9%	0.00%
39	Bank of Oak Ridge	4	$3.0M	0.8%	0.00%
40	22nd State Bank, A Division of 22nd State Banking Company	1	$3.0M	0.8%	0.00%
41	Wachovia SBA Lending, Inc.	2	$2.9M	0.8%	0.00%
42	First Bank	1	$2.8M	0.7%	0.00%
43	First Financial Bank	1	$2.6M	0.7%	0.00%
44	First Bank of the Lake	3	$2.6M	0.7%	0.00%
45	Citizens Bank	7	$2.5M	0.7%	0.00%
46	TowneBank	6	$2.3M	0.6%	0.00%
47	The Bancorp Bank National Association	1	$2.2M	0.6%	0.00%
48	United Community Bank	2	$2.1M	0.6%	0.00%
49	Stearns Bank National Association	10	$2.1M	0.6%	6.29%
50	Navy FCU	8	$2.0M	0.5%	0.00%
51	BayPort Federal Credit Union	15	$2.0M	0.5%	0.00%
52	The Bank of Princeton	1	$1.7M	0.5%	0.00%
53	Manufacturers and Traders Trust Company	8	$1.5M	0.4%	0.00%
54	Blue Ridge Bank National Association	1	$1.5M	0.4%	0.00%
55	Climate First Bank	2	$1.4M	0.4%	0.00%
56	Gulf Coast Bank and Trust Company	2	$1.4M	0.4%	0.00%
57	Five Star Bank	5	$1.3M	0.4%	15.57%
58	Coastal States Bank	3	$1.2M	0.3%	0.00%
59	City National Bank	1	$1.2M	0.3%	0.00%
60	First-Citizens Bank & Trust Company	3	$1.1M	0.3%	0.00%
61	Capital One National Association	3	$1.1M	0.3%	3.94%
62	Harvest Small Business Finance, LLC	1	$1.0M	0.3%	0.00%
63	Hanover Community Bank	2	$914K	0.2%	0.00%
64	First Federal Bank	2	$905K	0.2%	0.00%
65	Heritage Bank	8	$828K	0.2%	0.00%
66	Grasshopper Bank National Association	1	$788K	0.2%	0.00%
67	MVB Bank, Inc.	1	$774K	0.2%	0.00%
68	JPMorgan Chase Bank, National Association	2	$700K	0.2%	0.00%
69	Regions Bank	1	$695K	0.2%	0.00%
70	CenTrust Bank, A Division of SmartBiz Bank National Association	3	$560K	0.1%	0.00%
71	Fifth Third Bank	1	$558K	0.1%	0.00%
72	Southern Bank	1	$553K	0.1%	0.00%
73	Popular Bank	2	$550K	0.1%	78.70%
74	Mechanics and Farmers Bank	2	$543K	0.1%	0.00%
75	Magnifi Financial CU	1	$535K	0.1%	0.00%
76	HomeTrust Bank	1	$520K	0.1%	0.00%
77	Old National Bank	1	$500K	0.1%	0.00%
78	KeyBank National Association	1	$500K	0.1%	0.00%
79	Heritage Bank Inc	1	$496K	0.1%	0.00%
80	Carver State Bank	1	$495K	0.1%	0.00%
81	Ameris Bank	1	$472K	0.1%	0.00%
82	PCB Bank	1	$431K	0.1%	0.00%
83	ABNB FCU	8	$428K	0.1%	0.00%
84	Primis Bank	5	$381K	0.1%	0.00%
85	Independence Bank	8	$370K	0.1%	6.37%
86	Port 51 Lending LLC	1	$350K	0.1%	0.00%
87	Paragon Bank	1	$350K	0.1%	0.00%
88	Lendistry SBLC, LLC	3	$347K	0.1%	0.00%
89	CRF Small Business Loan Company, LLC	1	$335K	0.1%	92.25%
90	VelocitySBA, LLC	32	$313K	0.1%	32.53%
91	First Command Bank	1	$288K	0.1%	0.00%
92	Langley FCU	3	$280K	0.1%	58.34%
93	Columbia Bank	6	$250K	0.1%	23.30%
94	Bank of Hope	11	$245K	0.1%	21.58%
95	Institute Capital, Inc.	1	$245K	0.1%	0.00%
96	First Horizon Bank	1	$200K	0.1%	0.00%
97	Colony Bank	1	$150K	0.0%	0.00%
98	Seacoast National Bank	1	$120K	0.0%	81.91%
99	TD Bank, National Association	1	$100K	0.0%	0.00%
100	Select Bank	1	$100K	0.0%	0.00%
101	Touchmark National Bank	1	$100K	0.0%	7.05%
102	First Community Bank	1	$100K	0.0%	0.00%
103	Dollar Bank, A Federal Savings Bank	2	$88K	0.0%	0.00%
104	Federal Deposit Insurance Corporation	2	$70K	0.0%	0.00%
105	U.S. Bank, National Association	1	$50K	0.0%	0.00%
106	Citizens Bank and Trust Company	1	$25K	0.0%	0.00%
107	SoFi Bank, National Association	1	$20K	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

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.