58 SBA loans worth $20.1M went to businesses in Mechanicsville, VA between October 2021 and June 2026, from 24 lenders. Manufacturers and Traders Trust made the most, 18 loans. The median loan was $125,000, compared with $232,000 across Virginia, and administrative and support services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 18 | $1.1M | $25,000 | 78% |
| 2 | Newtek Bank Bank · Miami, FL | 5 | $1.8M | $250,000 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 5 | $1.4M | $150,000 | 40% |
| 4 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $541K | $150,000 | 67% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $312K | $93,000 | 0% |
| 6 | Business Finance Group Certified development company · Fairfax, VA | 2 | $3.2M | $1,577,000 | 50% |
| 7 | CIBC Bank USA Bank · Chicago, IL | 2 | $625K | $312,600 | 50% |
| 8 | HomeTrust Bank Bank · Asheville, NC | 2 | $550K | $275,000 | 0% |
| 9 | SouthState Bank Bank · Winter Haven, FL | 2 | $425K | $212,500 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $280K | $140,000 | 50% |
| 11 | Bancorp Bank Bank · Sioux Falls, SD | 1 | $5.0M | $5,000,000 | 100% |
| 12 | United Community Bank Bank · Greenville, SC | 1 | $970K | $970,000 | 100% |
| 13 | First Community Bank Bank · Bluefield, VA | 1 | $875K | $875,000 | 100% |
| 14 | Bank of Oak Ridge Bank · Oak Ridge, NC | 1 | $777K | $777,000 | 0% |
| 15 | Potomac Bank Bank · Charles Town, WV | 1 | $676K | $675,700 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 13 | $120,000 | Manufacturers and Traders Trust | |
| Construction | 13 | $50,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 8 | $249,500 | Manufacturers and Traders Trust | |
| Health care and social assistance | 7 | $100,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 3 | $25,200 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 3 | $69,300 | Huntington National Bank | |
| Retail | 3 | $25,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 2 | $922,500 | First Community Bank |