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County1st of 130 in Virginia by approvalsFIPS 51059
SBA loans in Fairfax County, 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.
Businesses in Fairfax County, Virginia, received 1,001 SBA loan approvals worth $456M in FY2021 to FY2025 (947 7(a), 54 504).
That is 31.3 approvals per 1,000 business establishments (31,931 establishments in 2023), close to the Virginia figure of 27.9 and below the national 41.0.
It ranks 1st of 130 Virginia counties with approvals. In FY2025 there were 296, up 30% on FY2024.
104 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (142), The Huntington National Bank (90) and TD Bank, National Association (66). 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 County
By number of approvals to businesses in the county, FY2021–FY2025; 104 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 142 | $28.3M | 14.2% | |
| 2 | The Huntington National BankColumbus, OH | 90 | $28.4M | 9.0% | |
| 3 | TD Bank, National AssociationWilmington, DE | 66 | $8.4M | 6.6% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 50 | $18.5M | 5.0% | |
| 5 | Northeast BankLewiston, ME | 44 | $5.5M | 4.4% | |
| 6 | Business Finance Group, Inc.Fairfax, VA · CDC | 43 | $42.1M | 4.3% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 43 | $13.4M | 4.3% | |
| 8 | Wells Fargo Bank National AssociationSioux Falls, SD | 37 | $7.7M | 3.7% | |
| 9 | Bank of America, National AssociationCharlotte, NC | 29 | $11.9M | 2.9% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 29 | $6.2M | 2.9% | |
| 11 | Live Oak Banking CompanyWilmington, NC | 25 | $32.3M | 2.5% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 25 | $10.2M | 2.5% | |
| 13 | Capital Bank, National AssociationRockville, MD | 20 | $13.5M | 2.0% | |
| 14 | John Marshall BankReston, VA | 20 | $11.0M | 2.0% | |
| 15 | Hanmi BankLos Angeles, CA | 19 | $12.7M | 1.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 121 | 12.1% | |
| 2 | Computer Systems Design and Related ServicesNAICS 5415 | 79 | 7.9% | |
| 3 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 53 | 5.3% | |
| 4 | Personal Care ServicesNAICS 8121 | 47 | 4.7% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 41 | 4.1% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 30 | 3.0% | |
| 7 | Home Health Care ServicesNAICS 6216 | 25 | 2.5% | |
| 8 | Residential Building ConstructionNAICS 2361 | 25 | 2.5% | |
| 9 | Child Day Care ServicesNAICS 6244 | 24 | 2.4% | |
| 10 | Other Personal ServicesNAICS 8129 | 24 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 202 | 20.2% | |
| 2 | Health Care and Social Assistance | 143 | 14.3% | |
| 3 | Accommodation and Food Services | 134 | 13.4% | |
| 4 | Other Services (except Public Administration) | 116 | 11.6% | |
| 5 | Construction | 97 | 9.7% | |
| 6 | Retail Trade | 61 | 6.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 50 | 5.0% | |
| 8 | Arts, Entertainment, and Recreation | 35 | 3.5% |
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* | 165 | $87.4M | $200K | 3 | $2.0M | 168 | 1,843 |
| FY2025 | 286 | $117M | $177K | 10 | $7.5M | 296 | 3,344 |
| FY2024 | 222 | $82.0M | $200K | 6 | $8.2M | 228 | 2,923 |
| FY2023 | 194 | $77.6M | $150K | 5 | $7.4M | 199 | 2,444 |
| FY2022 | 131 | $70.8M | $150K | 20 | $17.7M | 151 | 1,967 |
| FY2021 | 114 | $55.1M | $242K | 13 | $12.2M | 127 | 2,083 |
| FY2020 | 118 | $60.8M | $191K | 8 | $9.9M | 126 | 1,552 |
| FY2019 | 193 | $78.1M | $100K | 11 | $8.6M | 204 | 2,229 |
| FY2018 | 226 | $98.9M | $100K | 4 | $3.5M | 230 | 2,876 |
| FY2017 | 188 | $76.4M | $150K | 13 | $12.0M | 201 | 2,081 |
| FY2016 | 181 | $55.0M | $135K | 2 | — | 183 | 1,530 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 944 approvals.
Against Virginia and the country
| FY2021–FY2025 | Fairfax County | Virginia | United States |
|---|---|---|---|
| Approvals | 1,001 | 5,893 | 342,825 |
| Approvals per 1,000 establishments | 31.3 | 27.9 | 41.0 |
| Median 7(a) approval | $183K | $212K | $190K |
| Median 504 approval | $526K | $484K | $657K |
| Average approval | $456K | $573K | $573K |
| 504 share of approvals | 5.4% | 11.6% | 11.0% |
| Jobs supported per approval, as reported | 12.7 | 12.3 | 10.5 |
| Share of state approvals | 17.0% | 100.0% | — |
Approval sizes
- $50,000 or less21.0%210
- $50,001 to $150,00024.6%246
- $150,001 to $350,00023.2%232
- $350,001 to $1 million20.0%200
- $1 million to $2 million6.9%69
- Over $2 million4.4%44
Age of the businesses
- Existing, more than 2 years old54.6%547
- New business, 2 years or less14.1%141
- Startup, loan funds will open the business22.2%222
- Change of ownership9.0%90
- Not answered0.1%1
Questions and answers
Which lenders make the most SBA loans in Fairfax County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (142), The Huntington National Bank (90), TD Bank, National Association (66), Newtek Bank, National Association (50), Northeast Bank (44). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Fairfax County?
The median 7(a) approval was $183K and the median 504 approval $526K; the Virginia 7(a) median was $212K.
Which industries get the most SBA loans in Fairfax County?
Restaurants and Other Eating Places (121); Computer Systems Design and Related Services (79); Management, Scientific, and Technical Consulting Services (53); Personal Care Services (47); Offices of Other Health Practitioners (41).
Is SBA lending in Fairfax County rising?
Approvals in the three latest complete fiscal years total 723, against 404 in the three before: rising (+79%).
How does Fairfax County compare with the rest of Virginia?
31.3 approvals per 1,000 establishments against 27.9 statewide, and 1,001 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