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SBA lenders in Roanoke, VA

SBA 7(a) and 504 loans to businesses in Roanoke (Roanoke (city) County), October 2021 to June 30, 2026 · Updated October 15, 2026
81
SBA loans approved
$50.8M
Total approved
$154,000
Median loan
30
Lenders active
35%
To startups

81 SBA loans worth $50.8M went to businesses in Roanoke, VA between October 2021 and June 2026, from 30 lenders. Northeast Bank made the most, 8 loans. The median loan was $154,000, compared with $232,000 across Virginia, and professional and technical services was the most financed industry.

Most active SBA lenders in Roanoke

#LenderLoansApprovedMedian loanTo startups
1Northeast Bank
Bank · Portland, ME
8$932K$80,3000%
2Newtek Bank
Bank · Miami, FL
7$7.1M$65,00029%
3Wells Fargo Bank
Bank · Sioux Falls, SD
7$103K$15,000100%
4Live Oak Banking
Bank · Wilmington, NC
5$8.6M$725,00020%
5Freedom First Federal Credit Union
Credit union · Roanoke, VA
5$1.2M$100,00020%
6First Bank and Trust
Bank · Lebanon, VA
5$550K$100,000100%
7Celtic Bank
Bank · Salt Lake City, UT
4$5.4M$150,0000%
8Pinnacle Bank
Bank · Nashville, TN
4$4.2M$705,5000%
9504 Capital
Certified development company · Chesapeake, VA
4$1.0M$142,5000%
10Readycap Lending
Non-bank lender · Berkeley Heights, NJ
4$902K$186,00025%
11Huntington National Bank
Bank · Columbus, OH
4$890K$155,000100%
12HomeTrust Bank
Bank · Asheville, NC
3$848K$310,00033%
13GBank
Bank · Las Vegas, NV
2$7.9M$3,962,5000%
14Business Finance Group
Certified development company · Fairfax, VA
2$2.6M$1,297,0000%
15First National Bank of Pennsylvania
Bank · Greenville, PA
2$935K$467,5000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Roanoke. For 504 loans the lender shown is the certified development company.

What gets financed in Roanoke

IndustryLoansShareMedian loanMost active lender
Professional and technical services14
17%
$125,500First Bank and Trust
Restaurants and hotels12
15%
$634,000Northeast Bank
Health care and social assistance9
11%
$245,000Readycap Lending
Retail9
11%
$150,000HomeTrust Bank
Construction8
10%
$152,000First National Bank of Pennsylvania
Arts, entertainment and recreation7
9%
$50,000Northeast Bank
Manufacturing6
7%
$197,500Live Oak Banking
Other services (repair, personal care)4
5%
$163,750Northeast Bank
Loan size mix
  • Under $150,00043%
  • $150,000 to $500,00026%
  • $500,000 to $2 million19%
  • $2 million and up12%
Compared with Virginia
Median loan, Roanoke
$154,000
Median loan, Virginia
$232,000
Startup share, Roanoke
35%
Startup share, Virginia
37%
Share of state's SBA loans
1.4%

SBA loans per fiscal year in Roanoke

0102030FY14: 15 loansFY14FY15: 11 loansFY15FY16: 19 loansFY16FY17: 16 loansFY17FY18: 18 loansFY18FY19: 16 loansFY19FY20: 11 loansFY20FY21: 21 loansFY21FY22: 16 loansFY22FY23: 22 loansFY2322FY24: 16 loansFY24FY25: 17 loansFY25FY26 (Oct to Jun): 10 loansFY2610
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.