74 SBA loans worth $41.6M went to businesses in Charlottesville, VA between October 2021 and June 2026, from 34 lenders. Huntington National Bank made the most, 9 loans. The median loan was $300,000, compared with $232,000 across Virginia, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 9 | $2.7M | $182,500 | 56% |
| 2 | Business Finance Group Certified development company · Fairfax, VA | 6 | $3.1M | $520,500 | 17% |
| 3 | Newtek Bank Bank · Miami, FL | 5 | $941K | $75,000 | 0% |
| 4 | 504 Capital Certified development company · Chesapeake, VA | 4 | $6.9M | $1,034,500 | 25% |
| 5 | Rappahannock Economic Development Certified development company · Fredericksburg, VA | 4 | $1.7M | $443,000 | 25% |
| 6 | Northeast Bank Bank · Portland, ME | 4 | $1.1M | $225,000 | 0% |
| 7 | University of Virginia Community Credit Union Credit union · Charlottesville, VA | 4 | $154K | $38,450 | 0% |
| 8 | First-Citizens Bank & Trust Bank · Raleigh, NC | 3 | $745K | $125,000 | 0% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $526K | $204,000 | 67% |
| 10 | Virginia National Bank Bank · Charlottesville, VA | 3 | $508K | $100,000 | 0% |
| 11 | HomeTrust Bank Bank · Asheville, NC | 2 | $2.5M | $1,245,000 | 100% |
| 12 | Bank of Clarke Bank · Berryville, VA | 2 | $2.1M | $1,075,000 | 0% |
| 13 | Atlantic Union Bank Bank · Richmond City, VA | 2 | $658K | $329,000 | 0% |
| 14 | Live Oak Banking Bank · Wilmington, NC | 2 | $558K | $279,000 | 0% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $522K | $261,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 13 | $500,000 | Huntington National Bank | |
| Restaurants and hotels | 12 | $433,050 | Huntington National Bank | |
| Health care and social assistance | 9 | $203,000 | Fulton Bank | |
| Construction | 9 | $207,000 | Newtek Bank | |
| Transportation and warehousing | 6 | $48,650 | University of Virginia Community Credit Union | |
| Retail | 6 | $229,050 | Virginia National Bank | |
| Manufacturing | 5 | $577,000 | Bank of Clarke | |
| Administrative and support services | 4 | $246,250 | Huntington National Bank |