BayPort Federal Credit Union approved 18 SBA loans worth $1.5M between October 2021 and June 2026, ranking #929 of 2,283 SBA lenders nationally by loan count. Its median loan was $55,050, and 44% went to startups or businesses under two years old. It lent in 2 states, most often in Virginia, and its most financed industry was transportation and warehousing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Virginia | 17 | $1.5M | $55,300 | #52 |
| North Carolina | 1 | $25K | $24,700 | #218 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Transportation and warehousing | 10 | $45,000 | |
| Construction | 3 | $108,000 | |
| Arts, entertainment and recreation | 2 | $150,000 | |
| Manufacturing | 2 | $55,600 | |
| Retail | 1 | $195,000 |