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County15th of 130 in Virginia by approvalsFIPS 51600
SBA loans in Fairfax 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 95 loans to businesses in Fairfax city, Virginia, in FY2021 to FY2025, worth $41.5M: 93 under 7(a) and 2 under 504.
That is 46.8 approvals per 1,000 business establishments (2,028 establishments in 2023), above the Virginia figure of 27.9 and close to the national 41.0.
It ranks 15th of 130 Virginia counties with approvals. In FY2025 there were 28, up 33% on FY2024.
39 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (12), TD Bank, National Association (8) and Northeast Bank (5). 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 Fairfax city
By number of approvals to businesses in the county, FY2021–FY2025; 39 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 12 | $1.1M | 12.6% | |
| 2 | TD Bank, National AssociationWilmington, DE | 8 | $475K | 8.4% | |
| 3 | Northeast BankLewiston, ME | 5 | $1.4M | 5.3% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $1.4M | 5.3% | |
| 5 | Hanmi BankLos Angeles, CA | 4 | $2.5M | 4.2% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 4 | $2.0M | 4.2% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 4 | $1.7M | 4.2% | |
| 8 | BayFirst National BankSaint Petersburg, FL | 4 | $967K | 4.2% | |
| 9 | Customers BankMalvern, PA | 3 | $5.0M | 3.2% | |
| 10 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $3.4M | 3.2% | |
| 11 | Woori America BankNew York, NY | 3 | $1.5M | 3.2% | |
| 12 | Meridian BankMalvern, PA | 3 | $1.4M | 3.2% | |
| 13 | Bank of America, National AssociationCharlotte, NC | 3 | $984K | 3.2% | |
| 14 | The Huntington National BankColumbus, OH | 3 | $917K | 3.2% | |
| 15 | Capital Bank, National AssociationRockville, MD | 3 | $801K | 3.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 20 | 21.1% | |
| 2 | Legal ServicesNAICS 5411 | 8 | 8.4% | |
| 3 | Home Health Care ServicesNAICS 6216 | 6 | 6.3% | |
| 4 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 5 | 5.3% | |
| 5 | Computer Systems Design and Related ServicesNAICS 5415 | 5 | 5.3% | |
| 6 | Child Day Care ServicesNAICS 6244 | 4 | 4.2% | |
| 7 | Other Personal ServicesNAICS 8129 | 4 | 4.2% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 4.2% | |
| 9 | Activities Related to Real EstateNAICS 5313 | 4 | 4.2% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 3.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 24 | 25.3% | |
| 2 | Accommodation and Food Services | 20 | 21.1% | |
| 3 | Health Care and Social Assistance | 17 | 17.9% | |
| 4 | Other Services (except Public Administration) | 10 | 10.5% | |
| 5 | Real Estate and Rental and Leasing | 7 | 7.4% | |
| 6 | Construction | 3 | 3.2% | |
| 7 | Finance and Insurance | 3 | 3.2% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 3 | 3.2% |
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* | 13 | $4.7M | $250K | 1 | — | 14 | 253 |
| FY2025 | 28 | $8.1M | $263K | 0 | — | 28 | 390 |
| FY2024 | 20 | $10.5M | $329K | 1 | — | 21 | 287 |
| FY2023 | 15 | $2.3M | $100K | 0 | — | 15 | 109 |
| FY2022 | 17 | $8.0M | $257K | 1 | — | 18 | 240 |
| FY2021 | 13 | $12.2M | $350K | 0 | — | 13 | 207 |
| FY2020 | 8 | $4.1M | $171K | 2 | — | 10 | 71 |
| FY2019 | 7 | $3.0M | $314K | 2 | — | 9 | 53 |
| FY2018 | 12 | $7.6M | $231K | 0 | — | 12 | 160 |
| FY2017 | 1 | — | — | 0 | — | 1 | 26 |
| FY2016 | 8 | $1.3M | $125K | 2 | — | 10 | 54 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 42 approvals.
Against Virginia and the country
| FY2021–FY2025 | Fairfax city | Virginia | United States |
|---|---|---|---|
| Approvals | 95 | 5,893 | 342,825 |
| Approvals per 1,000 establishments | 46.8 | 27.9 | 41.0 |
| Median 7(a) approval | $225K | $212K | $190K |
| Median 504 approval | — | $484K | $657K |
| Average approval | $437K | $573K | $573K |
| 504 share of approvals | 2.1% | 11.6% | 11.0% |
| Jobs supported per approval, as reported | 13.0 | 12.3 | 10.5 |
| Share of state approvals | 1.6% | 100.0% | — |
Approval sizes
- $50,000 or less18.9%18
- $50,001 to $150,00022.1%21
- $150,001 to $350,00027.4%26
- $350,001 to $1 million22.1%21
- $1 million to $2 million5.3%5
- Over $2 million4.2%4
Age of the businesses
- Existing, more than 2 years old61.1%58
- New business, 2 years or less20.0%19
- Startup, loan funds will open the business15.8%15
- Change of ownership2.1%2
- Not answered1.1%1
Questions and answers
Which lenders make the most SBA loans in Fairfax city?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (12), TD Bank, National Association (8), Northeast Bank (5), Readycap Lending, LLC (5), Hanmi Bank (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Fairfax city?
The median 7(a) approval was $225K; the Virginia 7(a) median was $212K.
Which industries get the most SBA loans in Fairfax city?
Restaurants and Other Eating Places (20); Legal Services (8); Home Health Care Services (6); Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5); Computer Systems Design and Related Services (5).
Is SBA lending in Fairfax city rising?
Approvals in the three latest complete fiscal years total 64, against 41 in the three before: rising (+56%).
How does Fairfax city compare with the rest of Virginia?
46.8 approvals per 1,000 establishments against 27.9 statewide, and 95 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