198 SBA loans worth $100.6M went to businesses in Chesapeake, VA between October 2021 and June 2026, from 45 lenders. 504 Capital made the most, 22 loans. The median loan was $198,000, compared with $232,000 across Virginia, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | 504 Capital Certified development company · Chesapeake, VA | 22 | $15.1M | $452,500 | 9% |
| 2 | Huntington National Bank Bank · Columbus, OH | 20 | $7.9M | $350,000 | 85% |
| 3 | Newtek Bank Bank · Miami, FL | 18 | $6.1M | $237,500 | 17% |
| 4 | Business Finance Group Certified development company · Fairfax, VA | 12 | $18.6M | $906,500 | 33% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 10 | $1.3M | $150,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 9 | $951K | $100,000 | 11% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 8 | $6.2M | $490,000 | 38% |
| 8 | United Midwest Savings Bank Bank · Degraff, OH | 8 | $1.3M | $150,000 | 100% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 8 | $100K | $15,000 | 100% |
| 10 | Atlantic Union Bank Bank · Richmond City, VA | 7 | $5.8M | $400,000 | 71% |
| 11 | Citizens Bank Bank · Elizabethton, TN | 6 | $6.5M | $1,005,400 | 50% |
| 12 | Fulton Bank Bank · Lancaster, PA | 6 | $3.6M | $431,500 | 67% |
| 13 | Bank of America Bank · Charlotte, NC | 5 | $2.1M | $350,200 | 20% |
| 14 | Celtic Bank Bank · Salt Lake City, UT | 5 | $582K | $100,000 | 0% |
| 15 | BayPort Federal Credit Union Credit union · Newport News, VA | 5 | $573K | $108,000 | 20% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 27 | $300,000 | Newtek Bank | |
| Construction | 25 | $175,000 | 504 Capital | |
| Professional and technical services | 20 | $315,000 | Newtek Bank | |
| Administrative and support services | 19 | $200,000 | Atlantic Union Bank | |
| Retail | 19 | $150,000 | Wells Fargo Bank | |
| Transportation and warehousing | 17 | $108,300 | Wells Fargo Bank | |
| Manufacturing | 15 | $150,000 | 504 Capital | |
| Arts, entertainment and recreation | 13 | $500,000 | Huntington National Bank |