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County8th of 130 in Virginia by approvalsFIPS 51510
SBA loans in Alexandria city, Virginia
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 194 loans to businesses in Alexandria city, Virginia, in FY2021 to FY2025, worth $102M: 178 under 7(a) and 16 under 504.
That is 43.2 approvals per 1,000 business establishments (4,493 establishments in 2023), above the Virginia figure of 27.9 and close to the national 41.0.
It ranks 8th of 130 Virginia counties with approvals. In FY2025 there were 49, about level with FY2024.
57 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (24), Northeast Bank (16) and Newtek Bank, National Association (14). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Alexandria city
By number of approvals to businesses in the county, FY2021–FY2025; 57 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 24 | $5.0M | 12.4% | |
| 2 | Northeast BankLewiston, ME | 16 | $1.8M | 8.2% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 14 | $7.5M | 7.2% | |
| 4 | Business Finance Group, Inc.Fairfax, VA · CDC | 13 | $9.4M | 6.7% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 11 | $2.8M | 5.7% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 9 | $7.3M | 4.6% | |
| 7 | The Huntington National BankColumbus, OH | 9 | $2.1M | 4.6% | |
| 8 | TD Bank, National AssociationWilmington, DE | 8 | $1.2M | 4.1% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 6 | $8.7M | 3.1% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 6 | $908K | 3.1% | |
| 11 | TowneBankPortsmouth, VA | 5 | $5.0M | 2.6% | |
| 12 | PNC Bank, National AssociationWilmington, DE | 5 | $3.9M | 2.6% | |
| 13 | JPMorgan Chase Bank, National AssociationColumbus, OH | 5 | $3.5M | 2.6% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 5 | $3.2M | 2.6% | |
| 15 | Truist BankCharlotte, NC | 4 | $4.5M | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 22 | 11.3% | |
| 2 | Computer Systems Design and Related ServicesNAICS 5415 | 12 | 6.2% | |
| 3 | Personal Care ServicesNAICS 8121 | 12 | 6.2% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 11 | 5.7% | |
| 5 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 10 | 5.2% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 9 | 4.6% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 4.6% | |
| 8 | Child Day Care ServicesNAICS 6244 | 7 | 3.6% | |
| 9 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 6 | 3.1% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 4 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 39 | 20.1% | |
| 2 | Other Services (except Public Administration) | 31 | 16.0% | |
| 3 | Accommodation and Food Services | 26 | 13.4% | |
| 4 | Health Care and Social Assistance | 21 | 10.8% | |
| 5 | Retail Trade | 21 | 10.8% | |
| 6 | Arts, Entertainment, and Recreation | 11 | 5.7% | |
| 7 | Construction | 7 | 3.6% | |
| 8 | Transportation and Warehousing | 7 | 3.6% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 21 | $15.1M | $250K | 1 | — | 22 | 385 |
| FY2025 | 47 | $15.6M | $200K | 2 | — | 49 | 391 |
| FY2024 | 46 | $22.2M | $250K | 0 | — | 46 | 771 |
| FY2023 | 37 | $18.4M | $200K | 4 | $5.4M | 41 | 624 |
| FY2022 | 23 | $12.5M | $349K | 7 | $3.9M | 30 | 367 |
| FY2021 | 25 | $21.2M | $328K | 3 | $2.2M | 28 | 278 |
| FY2020 | 32 | $17.5M | $113K | 5 | $10.8M | 37 | 678 |
| FY2019 | 30 | $20.2M | $275K | 5 | $4.5M | 35 | 423 |
| FY2018 | 28 | $10.1M | $85K | 2 | — | 30 | 197 |
| FY2017 | 25 | $12.4M | $249K | 3 | $2.9M | 28 | 350 |
| FY2016 | 28 | $13.1M | $100K | 4 | $4.1M | 32 | 363 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 162 approvals.
Against Virginia and the country
| FY2021–FY2025 | Alexandria city | Virginia | United States |
|---|---|---|---|
| Approvals | 194 | 5,893 | 342,825 |
| Approvals per 1,000 establishments | 43.2 | 27.9 | 41.0 |
| Median 7(a) approval | $244K | $212K | $190K |
| Median 504 approval | $655K | $484K | $657K |
| Average approval | $527K | $573K | $573K |
| 504 share of approvals | 8.2% | 11.6% | 11.0% |
| Jobs supported per approval, as reported | 12.5 | 12.3 | 10.5 |
| Share of state approvals | 3.3% | 100.0% | — |
Approval sizes
- $50,000 or less25.3%49
- $50,001 to $150,00016.0%31
- $150,001 to $350,00017.5%34
- $350,001 to $1 million25.8%50
- $1 million to $2 million11.3%22
- Over $2 million4.1%8
Age of the businesses
- Existing, more than 2 years old58.2%113
- New business, 2 years or less17.0%33
- Startup, loan funds will open the business17.5%34
- Change of ownership6.7%13
- Not answered0.5%1
Questions and answers
Which lenders make the most SBA loans in Alexandria city?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (24), Northeast Bank (16), Newtek Bank, National Association (14), Business Finance Group, Inc. (13), Wells Fargo Bank National Association (11). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Alexandria city?
The median 7(a) approval was $244K and the median 504 approval $655K; the Virginia 7(a) median was $212K.
Which industries get the most SBA loans in Alexandria city?
Restaurants and Other Eating Places (22); Computer Systems Design and Related Services (12); Personal Care Services (12); Offices of Other Health Practitioners (11); Management, Scientific, and Technical Consulting Services (10).
Is SBA lending in Alexandria city rising?
Approvals in the three latest complete fiscal years total 136, against 95 in the three before: rising (+43%).
How does Alexandria city compare with the rest of Virginia?
43.2 approvals per 1,000 establishments against 27.9 statewide, and 194 of the state's 5,893 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error