70 SBA loans worth $40.4M went to businesses in Glen Allen, VA between October 2021 and June 2026, from 34 lenders. Manufacturers and Traders Trust made the most, 10 loans. The median loan was $222,150, compared with $232,000 across Virginia, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 10 | $487K | $45,000 | 80% |
| 2 | Northeast Bank Bank · Portland, ME | 7 | $1.2M | $150,000 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 6 | $1.4M | $269,000 | 67% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 6 | $85K | $15,000 | 100% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $185K | $50,000 | 0% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 3 | $7.3M | $1,730,000 | 33% |
| 7 | Business Finance Group Certified development company · Fairfax, VA | 3 | $4.5M | $1,533,000 | 33% |
| 8 | Atlantic Union Bank Bank · Richmond City, VA | 2 | $2.7M | $1,362,500 | 0% |
| 9 | First National Bank of Pennsylvania Bank · Greenville, PA | 2 | $1.3M | $661,000 | 50% |
| 10 | Newtek Bank Bank · Miami, FL | 2 | $600K | $300,000 | 0% |
| 11 | First Command Bank Bank · Fort Worth, TX | 2 | $193K | $96,500 | 100% |
| 12 | KeyBank Bank · Cleveland, OH | 1 | $5.0M | $5,000,000 | 100% |
| 13 | Rappahannock Economic Development Certified development company · Fredericksburg, VA | 1 | $2.3M | $2,347,000 | 100% |
| 14 | Truliant FCU Credit union · Winston-Salem, NC | 1 | $1.9M | $1,850,000 | 0% |
| 15 | 504 Capital Certified development company · Chesapeake, VA | 1 | $1.8M | $1,779,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 19 | $100,000 | Manufacturers and Traders Trust | |
| Health care and social assistance | 12 | $661,000 | First National Bank of Pennsylvania | |
| Other services (repair, personal care) | 11 | $250,000 | Northeast Bank | |
| Construction | 6 | $112,500 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 5 | $150,000 | Huntington National Bank | |
| Administrative and support services | 3 | $318,800 | Potomac Bank | |
| Retail | 3 | $60,000 | Northeast Bank | |
| Education | 2 | $897,000 | Wells Fargo Bank |