SBA Loans for Wholesale & Distribution in Virginia
Since fiscal year 2021, at least 52 lenders made 169 SBA loans to Wholesale & Distribution businesses in Virginia. These are the most active, based on public SBA data.
Most active SBA lenders for Wholesale & Distribution in Virginia
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company Buffalo, NY | 14 | $145,826 | 50% | 7(a), Express |
| 2 | Northeast Bank Lewiston, ME | 11 | $147,811 | 10% | 7(a) |
| 3 | Newtek Small Business Finance, Inc. Lake Success, NY | 10 | $452,285 | 24% | 7(a), Express |
| 4 | TD Bank, National Association Wilmington, DE | 10 | $128,785 | 33% | 7(a), Express |
| 5 | Newtek Bank, National Association Miami, FL | 9 | $378,383 | 19% | 7(a), Express |
| 6 | Wells Fargo Bank National Association Sioux Falls, SD | 8 | $160,688 | 86% | 7(a), Express |
| 7 | Bank of America, National Association Charlotte, NC | 6 | $415,201 | 17% | 7(a), Express |
| 8 | First National Bank of Pennsylvania Greenville, PA | 6 | $985,850 | 44% | 7(a), Express |
| 9 | BayFirst National Bank Saint Petersburg, FL | 6 | $178,895 | 2% | 7(a), Express |
| 10 | The Huntington National Bank Columbus, OH | 5 | $451,037 | 64% | 7(a), Express |
Related guide: Loans for Food Distributors
Other industries in Virginia
- Professional Services878 loans
- Restaurants & Lodging813 loans
- Health Care683 loans
- Construction640 loans
- Personal Services & Repair613 loans
- Retail Stores581 loans
- Cleaning, Landscaping & Admin363 loans
- Fitness & Entertainment293 loans
Frequently asked questions
Which lenders make the most SBA loans to Wholesale & Distribution businesses in Virginia?
Based on public SBA data, the most active were Manufacturers and Traders Trust Company, Northeast Bank, Newtek Small Business Finance, Inc..
How many SBA loans did Wholesale & Distribution businesses get in Virginia?
169 SBA loans since fiscal year 2021, from at least 52 different lenders.
Which SBA loan fits a Wholesale & Distribution 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.