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SBA lenders in Henrico, VA

SBA 7(a) and 504 loans to businesses in Henrico (Henrico County), October 2021 to June 30, 2026 · Updated October 15, 2026
134
SBA loans approved
$59.4M
Total approved
$200,000
Median loan
40
Lenders active
50%
To startups

134 SBA loans worth $59.4M went to businesses in Henrico, VA between October 2021 and June 2026, from 40 lenders. Manufacturers and Traders Trust made the most, 30 loans. The median loan was $200,000, compared with $232,000 across Virginia, and health care and social assistance was the most financed industry.

Most active SBA lenders in Henrico

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
30$2.6M$44,00077%
2Huntington National Bank
Bank · Columbus, OH
12$4.1M$196,650100%
3Newtek Bank
Bank · Miami, FL
12$3.8M$175,00025%
4First Community Bank
Bank · Bluefield, VA
7$2.0M$250,00029%
5SouthState Bank
Bank · Winter Haven, FL
6$4.2M$375,0000%
6Northeast Bank
Bank · Portland, ME
6$1.3M$227,5000%
7Live Oak Banking
Bank · Wilmington, NC
5$3.2M$550,00040%
8Wells Fargo Bank
Bank · Sioux Falls, SD
5$145K$25,000100%
9Truist Bank
Bank · Charlotte, NC
4$6.2M$1,015,50025%
10TowneBank
Bank · Portsmouth, VA
4$4.4M$845,1000%
11504 Capital
Certified development company · Chesapeake, VA
3$1.7M$482,0000%
12Lendistry SBLC
Non-bank lender · Los Angeles, CA
3$531K$150,00033%
13Customers Bank
Bank · Malvern, PA
2$3.2M$1,587,500100%
14Fulton Bank
Bank · Lancaster, PA
2$2.5M$1,257,500100%
15Business Finance Group
Certified development company · Fairfax, VA
2$1.6M$796,5000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Henrico. For 504 loans the lender shown is the certified development company.

What gets financed in Henrico

IndustryLoansShareMedian loanMost active lender
Health care and social assistance30
22%
$264,400Newtek Bank
Retail14
10%
$184,150Manufacturers and Traders Trust
Other services (repair, personal care)13
10%
$245,000Huntington National Bank
Restaurants and hotels12
9%
$372,000Newtek Bank
Administrative and support services12
9%
$130,500Manufacturers and Traders Trust
Construction11
8%
$150,000Manufacturers and Traders Trust
Arts, entertainment and recreation9
7%
$297,000Manufacturers and Traders Trust
Professional and technical services9
7%
$150,000Northeast Bank
Loan size mix
  • Under $150,00039%
  • $150,000 to $500,00034%
  • $500,000 to $2 million23%
  • $2 million and up4%
Compared with Virginia
Median loan, Henrico
$200,000
Median loan, Virginia
$232,000
Startup share, Henrico
50%
Startup share, Virginia
37%
Share of state's SBA loans
2.3%

SBA loans per fiscal year in Henrico

0173350FY14: 12 loansFY14FY15: 26 loansFY15FY16: 31 loansFY16FY17: 28 loansFY17FY18: 23 loansFY18FY19: 20 loansFY19FY20: 16 loansFY20FY21: 19 loansFY21FY22: 15 loansFY22FY23: 13 loansFY23FY24: 32 loansFY24FY25: 41 loansFY2541FY26 (Oct to Jun): 33 loansFY2633
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.