SBA 7(a) lenders in Waynesboro City, VA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
14 institutions have SBA 7(a) loans on record in Waynesboro City, together $21.4M across 33 loans. Live Oak Banking Company is the largest, with 53% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 7 | $11.4M | 53.3% | 0.00% |
| 2 | The Huntington National Bank | 2 | $5.9M | 27.4% | 0.00% |
| 3 | Truist Bank | 5 | $1.3M | 5.9% | 12.53% |
| 4 | Atlantic Union Bank | 5 | $840K | 3.9% | 0.00% |
| 5 | Wells Fargo Bank National Association | 2 | $500K | 2.3% | 0.00% |
| 6 | Commonwealth Business Bank | 1 | $400K | 1.9% | 0.00% |
| 7 | Popular Bank | 2 | $291K | 1.4% | 0.00% |
| 8 | Farmers & Merchants Bank | 1 | $209K | 1.0% | 0.00% |
| 9 | Five Star Bank | 1 | $200K | 0.9% | 0.00% |
| 10 | The First Bank and Trust Company | 3 | $131K | 0.6% | 0.00% |
| 11 | Northeast Bank | 1 | $125K | 0.6% | 0.00% |
| 12 | The National Bank of Blacksburg | 1 | $85K | 0.4% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 1 | $47K | 0.2% | 0.00% |
| 14 | University of Virginia Community Credit Union Inc | 1 | $44K | 0.2% | 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 | 8 | $7.2M | 33.4% |
| 2 | Retail trade | 1 | $5.0M | 23.4% |
| 3 | Professional & technical services | 8 | $4.4M | 20.7% |
| 4 | Health care & social assistance | 4 | $2.3M | 10.5% |
| 5 | Real estate & leasing | 1 | $725K | 3.4% |
| 6 | Arts, entertainment & recreation | 3 | $641K | 3.0% |
| 7 | Construction | 2 | $475K | 2.2% |
| 8 | Other services | 2 | $385K | 1.8% |
| 9 | Administrative & waste services | 2 | $260K | 1.2% |
| 10 | Manufacturing | 1 | $44K | 0.2% |
| 11 | Transportation & warehousing | 1 | $40K | 0.2% |
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.