42 SBA loans worth $33.6M went to businesses in Ashland, VA between October 2021 and June 2026, from 23 lenders. Manufacturers and Traders Trust made the most, 7 loans. The median loan was $200,000, compared with $232,000 across Virginia, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 7 | $380K | $25,000 | 86% |
| 2 | Select Bank Bank · Forest, VA | 4 | $607K | $142,650 | 0% |
| 3 | Business Finance Group Certified development company · Fairfax, VA | 3 | $2.4M | $933,000 | 0% |
| 4 | Huntington National Bank Bank · Columbus, OH | 3 | $484K | $169,000 | 67% |
| 5 | United Midwest Savings Bank Bank · Degraff, OH | 3 | $425K | $150,000 | 100% |
| 6 | 504 Capital Certified development company · Chesapeake, VA | 2 | $3.9M | $1,961,000 | 0% |
| 7 | Atlantic Union Bank Bank · Richmond City, VA | 2 | $3.9M | $1,931,500 | 0% |
| 8 | First National Bank of Pennsylvania Bank · Greenville, PA | 2 | $2.1M | $1,065,000 | 0% |
| 9 | SouthState Bank Bank · Winter Haven, FL | 2 | $2.1M | $1,030,400 | 100% |
| 10 | GBank Bank · Las Vegas, NV | 1 | $5.0M | $5,000,000 | 0% |
| 11 | T Bank Bank · Dallas, TX | 1 | $4.3M | $4,337,900 | 100% |
| 12 | First Financial Bank Bank · El Dorado, AR | 1 | $2.5M | $2,475,000 | 0% |
| 13 | United FCU Credit union · St. Joseph, MI | 1 | $2.3M | $2,320,000 | 100% |
| 14 | Live Oak Banking Bank · Wilmington, NC | 1 | $1.6M | $1,575,000 | 100% |
| 15 | Grasshopper Bank Bank · New York, NY | 1 | $500K | $500,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 9 | $150,000 | Manufacturers and Traders Trust | |
| Manufacturing | 7 | $198,100 | Select Bank | |
| Health care and social assistance | 6 | $100,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 6 | $887,500 | United Midwest Savings Bank | |
| Retail | 4 | $566,500 | Northeast Bank | |
| Wholesale trade | 3 | $350,000 | First National Bank of Pennsylvania | |
| Other services (repair, personal care) | 2 | $711,000 | Business Finance Group | |
| Professional and technical services | 2 | $232,500 | Huntington National Bank |