SBA Loans for Restaurants & Lodging in Virginia
Since fiscal year 2021, at least 131 lenders made 813 SBA loans to Restaurants & Lodging businesses in Virginia. These are the most active, based on public SBA data.
Most active SBA lenders for Restaurants & Lodging in Virginia
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company Buffalo, NY | 80 | $145,826 | 50% | 7(a), Express |
| 2 | The Huntington National Bank Columbus, OH | 79 | $451,037 | 64% | 7(a), Express |
| 3 | Newtek Bank, National Association Miami, FL | 50 | $378,383 | 19% | 7(a), Express |
| 4 | GBank Las Vegas, NV | 40 | $2,716,816 | 8% | 7(a) |
| 5 | Northeast Bank Lewiston, ME | 30 | $147,811 | 10% | 7(a) |
| 6 | Hanmi Bank Los Angeles, CA | 25 | $871,479 | 31% | 7(a), Express |
| 7 | Readycap Lending, LLC Berkeley Heights, NJ | 23 | $290,781 | 15% | 7(a) |
| 8 | TD Bank, National Association Wilmington, DE | 20 | $128,785 | 33% | 7(a), Express |
| 9 | Live Oak Banking Company Wilmington, NC | 16 | $1,237,939 | 28% | 7(a), Express |
| 10 | Wilmington Savings Fund Society FSB Wilmington, DE | 15 | $764,126 | 80% | 7(a), Express |
Related guide: SBA Loans for Restaurants
Other industries in Virginia
- Professional Services878 loans
- Health Care683 loans
- Construction640 loans
- Personal Services & Repair613 loans
- Retail Stores581 loans
- Cleaning, Landscaping & Admin363 loans
- Fitness & Entertainment293 loans
- Manufacturing286 loans
Frequently asked questions
Which lenders make the most SBA loans to Restaurants & Lodging businesses in Virginia?
Based on public SBA data, the most active were Manufacturers and Traders Trust Company, The Huntington National Bank, Newtek Bank, National Association.
How many SBA loans did Restaurants & Lodging businesses get in Virginia?
813 SBA loans since fiscal year 2021, from at least 131 different lenders.
Which SBA loan fits a Restaurants & Lodging business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.