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County3rd of 130 in Virginia by approvalsFIPS 51153
SBA loans in Prince William 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 Prince William County, Virginia, received 352 SBA loan approvals worth $173M in FY2021 to FY2025 (322 7(a), 30 504).
That is 37.9 approvals per 1,000 business establishments (9,286 establishments in 2023), above the Virginia figure of 27.9 and close to the national 41.0.
It ranks 3rd of 130 Virginia counties with approvals. In FY2025 there were 74, down 15% on FY2024.
68 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (45), TD Bank, National Association (24) and Wells Fargo Bank National Association (21). 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 Prince William County
By number of approvals to businesses in the county, FY2021–FY2025; 68 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 45 | $4.7M | 12.8% | |
| 2 | TD Bank, National AssociationWilmington, DE | 24 | $2.3M | 6.8% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 21 | $4.0M | 6.0% | |
| 4 | The Huntington National BankColumbus, OH | 17 | $8.1M | 4.8% | |
| 5 | Business Finance Group, Inc.Fairfax, VA · CDC | 16 | $20.4M | 4.5% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 16 | $5.4M | 4.5% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 15 | $9.2M | 4.3% | |
| 8 | Northeast BankLewiston, ME | 13 | $2.0M | 3.7% | |
| 9 | PNC Bank, National AssociationWilmington, DE | 12 | $4.1M | 3.4% | |
| 10 | Newtek Bank, National AssociationMiami, FL | 12 | $2.4M | 3.4% | |
| 11 | Rappahannock Economic Development CorporationFredericksburg, VA · CDC | 11 | $14.9M | 3.1% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 11 | $7.1M | 3.1% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 11 | $1.5M | 3.1% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 9 | $4.6M | 2.6% | |
| 15 | United Midwest Savings Bank National AssociationDe Graff, OH | 9 | $1.3M | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 28 | 8.0% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 17 | 4.8% | |
| 3 | Computer Systems Design and Related ServicesNAICS 5415 | 16 | 4.5% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 15 | 4.3% | |
| 5 | Child Day Care ServicesNAICS 6244 | 13 | 3.7% | |
| 6 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 12 | 3.4% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 11 | 3.1% | |
| 8 | General Freight TruckingNAICS 4841 | 11 | 3.1% | |
| 9 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 9 | 2.6% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 9 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 55 | 15.6% | |
| 2 | Health Care and Social Assistance | 54 | 15.3% | |
| 3 | Accommodation and Food Services | 40 | 11.4% | |
| 4 | Construction | 36 | 10.2% | |
| 5 | Retail Trade | 35 | 9.9% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 27 | 7.7% | |
| 7 | Other Services (except Public Administration) | 25 | 7.1% | |
| 8 | Manufacturing | 23 | 6.5% |
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* | 54 | $15.1M | $190K | 4 | $11.0M | 58 | 582 |
| FY2025 | 67 | $20.2M | $205K | 7 | $18.1M | 74 | 585 |
| FY2024 | 81 | $28.3M | $100K | 6 | $6.8M | 87 | 781 |
| FY2023 | 62 | $22.6M | $150K | 5 | $7.0M | 67 | 735 |
| FY2022 | 48 | $27.4M | $200K | 5 | $3.1M | 53 | 564 |
| FY2021 | 64 | $31.8M | $243K | 7 | $7.6M | 71 | 677 |
| FY2020 | 38 | $15.4M | $150K | 7 | $9.2M | 45 | 534 |
| FY2019 | 56 | $19.5M | $100K | 11 | $9.7M | 67 | 713 |
| FY2018 | 85 | $26.2M | $100K | 10 | $14.4M | 95 | 1,015 |
| FY2017 | 69 | $31.8M | $150K | 9 | $8.4M | 78 | 821 |
| FY2016 | 62 | $14.3M | $100K | 11 | $9.7M | 73 | 1,024 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 358 approvals.
Against Virginia and the country
| FY2021–FY2025 | Prince William County | Virginia | United States |
|---|---|---|---|
| Approvals | 352 | 5,893 | 342,825 |
| Approvals per 1,000 establishments | 37.9 | 27.9 | 41.0 |
| Median 7(a) approval | $150K | $212K | $190K |
| Median 504 approval | $927K | $484K | $657K |
| Average approval | $491K | $573K | $573K |
| 504 share of approvals | 8.5% | 11.6% | 11.0% |
| Jobs supported per approval, as reported | 9.5 | 12.3 | 10.5 |
| Share of state approvals | 6.0% | 100.0% | — |
Approval sizes
- $50,000 or less21.6%76
- $50,001 to $150,00026.1%92
- $150,001 to $350,00021.6%76
- $350,001 to $1 million17.3%61
- $1 million to $2 million8.5%30
- Over $2 million4.8%17
Age of the businesses
- Existing, more than 2 years old53.4%188
- New business, 2 years or less19.9%70
- Startup, loan funds will open the business20.2%71
- Change of ownership6.5%23
Questions and answers
Which lenders make the most SBA loans in Prince William County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (45), TD Bank, National Association (24), Wells Fargo Bank National Association (21), The Huntington National Bank (17), Business Finance Group, Inc. (16). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Prince William County?
The median 7(a) approval was $150K and the median 504 approval $927K; the Virginia 7(a) median was $212K.
Which industries get the most SBA loans in Prince William County?
Restaurants and Other Eating Places (28); Services to Buildings and Dwellings (17); Computer Systems Design and Related Services (16); Offices of Other Health Practitioners (15); Child Day Care Services (13).
Is SBA lending in Prince William County rising?
Approvals in the three latest complete fiscal years total 228, against 169 in the three before: rising (+35%).
How does Prince William County compare with the rest of Virginia?
37.9 approvals per 1,000 establishments against 27.9 statewide, and 352 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