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County13th of 130 in Virginia by approvalsFIPS 51179
SBA loans in Stafford 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 Stafford County, Virginia, received 113 SBA loan approvals worth $68.0M in FY2021 to FY2025 (105 7(a), 8 504).
That is 44.0 approvals per 1,000 business establishments (2,570 establishments in 2023), above the Virginia figure of 27.9 and close to the national 41.0.
It ranks 13th of 130 Virginia counties with approvals. In FY2025 there were 37, up 68% on FY2024.
42 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (11), Wells Fargo Bank National Association (8) and Newtek Small Business Finance, Inc. (7). The most common industry was automotive repair and maintenance.
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 Stafford County
By number of approvals to businesses in the county, FY2021–FY2025; 42 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 11 | $1.2M | 9.7% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 8 | $150K | 7.1% | |
| 3 | Newtek Small Business Finance, Inc.Lake Success, NY | 7 | $1.9M | 6.2% | |
| 4 | Northeast BankLewiston, ME | 7 | $1.1M | 6.2% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 6 | $14.0M | 5.3% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 6 | $1.4M | 5.3% | |
| 7 | Potomac BankCharles Town, WV | 6 | $1.2M | 5.3% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 5 | $5.3M | 4.4% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $4.1M | 3.5% | |
| 10 | Business Finance Group, Inc.Fairfax, VA · CDC | 4 | $2.2M | 3.5% | |
| 11 | Rappahannock Economic Development CorporationFredericksburg, VA · CDC | 3 | $1.9M | 2.7% | |
| 12 | The Huntington National BankColumbus, OH | 3 | $1.3M | 2.7% | |
| 13 | Celtic Bank CorporationSalt Lake City, UT | 3 | $400K | 2.7% | |
| 14 | First National Bank of PennsylvaniaGreenville, PA | 2 | — | 1.8% | |
| 15 | Byline BankChicago, IL | 2 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 9 | 8.0% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 7 | 6.2% | |
| 3 | Automobile DealersNAICS 4411 | 7 | 6.2% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 6 | 5.3% | |
| 5 | Computer Systems Design and Related ServicesNAICS 5415 | 5 | 4.4% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 5 | 4.4% | |
| 7 | Child Day Care ServicesNAICS 6244 | 4 | 3.5% | |
| 8 | Couriers and Express Delivery ServicesNAICS 4921 | 4 | 3.5% | |
| 9 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 3.5% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 3.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 15 | 13.3% | |
| 2 | Health Care and Social Assistance | 15 | 13.3% | |
| 3 | Retail Trade | 14 | 12.4% | |
| 4 | Other Services (except Public Administration) | 13 | 11.5% | |
| 5 | Accommodation and Food Services | 11 | 9.7% | |
| 6 | Construction | 11 | 9.7% | |
| 7 | Transportation and Warehousing | 9 | 8.0% | |
| 8 | Manufacturing | 6 | 5.3% |
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* | 14 | $6.4M | $149K | 2 | — | 16 | 245 |
| FY2025 | 36 | $26.4M | $246K | 1 | — | 37 | 355 |
| FY2024 | 21 | $7.8M | $213K | 1 | — | 22 | 210 |
| FY2023 | 25 | $9.7M | $150K | 2 | — | 27 | 254 |
| FY2022 | 13 | $10.7M | $295K | 0 | — | 13 | 172 |
| FY2021 | 10 | $8.3M | $513K | 4 | $3.2M | 14 | 163 |
| FY2020 | 12 | $4.6M | $65K | 3 | $942K | 15 | 96 |
| FY2019 | 11 | $5.5M | $113K | 2 | — | 13 | 130 |
| FY2018 | 24 | $8.4M | $100K | 0 | — | 24 | 218 |
| FY2017 | 24 | $7.8M | $100K | 3 | $4.0M | 27 | 195 |
| FY2016 | 14 | $3.1M | $110K | 3 | $869K | 17 | 59 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 96 approvals.
Against Virginia and the country
| FY2021–FY2025 | Stafford County | Virginia | United States |
|---|---|---|---|
| Approvals | 113 | 5,893 | 342,825 |
| Approvals per 1,000 establishments | 44.0 | 27.9 | 41.0 |
| Median 7(a) approval | $225K | $212K | $190K |
| Median 504 approval | $515K | $484K | $657K |
| Average approval | $602K | $573K | $573K |
| 504 share of approvals | 7.1% | 11.6% | 11.0% |
| Jobs supported per approval, as reported | 10.2 | 12.3 | 10.5 |
| Share of state approvals | 1.9% | 100.0% | — |
Approval sizes
- $50,000 or less20.4%23
- $50,001 to $150,00021.2%24
- $150,001 to $350,00023.0%26
- $350,001 to $1 million19.5%22
- $1 million to $2 million8.0%9
- Over $2 million8.0%9
Age of the businesses
- Existing, more than 2 years old50.4%57
- New business, 2 years or less19.5%22
- Startup, loan funds will open the business19.5%22
- Change of ownership9.7%11
- Not answered0.9%1
Questions and answers
Which lenders make the most SBA loans in Stafford County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (11), Wells Fargo Bank National Association (8), Newtek Small Business Finance, Inc. (7), Northeast Bank (7), Live Oak Banking Company (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Stafford County?
The median 7(a) approval was $225K and the median 504 approval $515K; the Virginia 7(a) median was $212K.
Which industries get the most SBA loans in Stafford County?
Automotive Repair and Maintenance (9); Restaurants and Other Eating Places (7); Automobile Dealers (7); Offices of Other Health Practitioners (6); Computer Systems Design and Related Services (5).
Is SBA lending in Stafford County rising?
Approvals in the three latest complete fiscal years total 86, against 42 in the three before: rising (+105%).
How does Stafford County compare with the rest of Virginia?
44.0 approvals per 1,000 establishments against 27.9 statewide, and 113 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