Select Bank approved 37 SBA loans worth $14.8M between October 2021 and June 2026, ranking #649 of 2,283 SBA lenders nationally by loan count. Its median loan was $200,000, and 62% went to startups or businesses under two years old. It lent in 2 states, most often in Virginia, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Virginia | 28 | $11.6M | $199,050 | #41 |
| North Carolina | 9 | $3.2M | $300,000 | #85 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 9 | $250,000 | |
| Manufacturing | 6 | $214,050 | |
| Restaurants and hotels | 6 | $270,000 | |
| Other services (repair, personal care) | 3 | $100,000 | |
| Retail | 3 | $400,000 | |
| Administrative and support services | 2 | $117,500 | |
| Construction | 2 | $657,500 | |
| Professional and technical services | 2 | $150,000 | |
| Real estate and rental | 2 | $540,000 | |
| Wholesale trade | 2 | $175,000 |