Lenders › Blue Ridge Bank National Association
7(a) lenderMartinsville, VirginiaFDIC-insured bank342nd of 2,184 by approvals
Blue Ridge Bank National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Blue Ridge Bank National Association, based in Martinsville, Virginia, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 89 of its 7(a) loans worth $93.4M in FY2021 to FY2025, which places it 342nd of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 0 approvals totalling —.
The median approval was $630K, against $190K for the 7(a) program as a whole; 14.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 21 states and territories and 48 counties, led by Virginia (22.5%), California (12.4%) and North Carolina (10.1%). The largest industry group was accommodation and food services at 15.7% of approvals, and 19.1% of approvals were to franchise businesses.
Of 72 disbursed loans approved in FY2010 to FY2021, SBA records 1 as charged off (1.4%), 45 as paid in full and 26 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 0 | — | — | — | 0 |
| FY2025 | 0 | — | — | — | 0 |
| FY2024 | 9 | $3.6M | $500K | $402K | 126 |
| FY2023 | 20 | $16.4M | $680K | $818K | 429 |
| FY2022 | 30 | $34.9M | $610K | $1.2M | 680 |
| FY2021 | 30 | $38.6M | $966K | $1.3M | 417 |
| FY2020 | 17 | $18.1M | $405K | $1.1M | 548 |
| FY2019 | 5 | $4.4M | $295K | $886K | 80 |
| FY2018 | 0 | — | — | — | 0 |
| FY2017 | 1 | — | — | — | 4 |
| FY2016 | 2 | — | — | — | 4 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 25 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Virginia | 7(a) program |
|---|---|---|---|
| Approvals in these years | 81 | 9,784 | 639,905 |
| Cancelled or never disbursed | 9 | 1,259 | 79,313 |
| Disbursed loans | 72 | 8,525 | 560,592 |
| Paid in full | 45 | 6,432 | 435,813 |
| Charged off | 1 | 665 | 36,891 |
| Still outstanding (status exempt from disclosure) | 26 | 1,428 | 87,888 |
| Charged off, share of disbursed loans | 1.4% | 7.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.0% | 3.2% | 2.5% |
| Dollars charged off | $12K | $121M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 25 | 7 | 0 | — | 2.8% |
| FY2020 | 15 | 10 | 0 | — | 4.0% |
| FY2019 | 5 | 2 | 0 | — | 6.7% |
| FY2018 | 0 | 0 | 0 | — | 7.9% |
| FY2017 | 1 | 1 | 0 | — | 7.7% |
| FY2016 | 2 | 2 | 0 | — | 7.2% |
| FY2015 | 3 | 3 | 0 | — | 6.9% |
| FY2014 | 2 | 1 | 1 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 1 | 1 | 0 | — | 6.3% |
| FY2011 | 9 | 9 | 0 | — | 6.9% |
| FY2010 | 9 | 9 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $630K | $190K |
| Average approval | $1.0M | $518K |
| Approvals of $150,000 or less | 14.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 41.6% | 34.3% |
| Approvals to franchise businesses | 19.1% | 11.5% |
| Jobs supported per approval, as reported | 18.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.4% | 6.6% |
States served
| # | State of the business (21 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Virginia | 20 | $23.3M | 22.5% | |
| 2 | California | 11 | $8.0M | 12.4% | |
| 3 | North Carolina | 9 | $9.3M | 10.1% | |
| 4 | Georgia | 8 | $5.4M | 9.0% | |
| 5 | Colorado | 7 | $8.0M | 7.9% | |
| 6 | Florida | 7 | $3.0M | 7.9% | |
| 7 | Texas | 3 | $6.5M | 3.4% | |
| 8 | Nebraska | 3 | $6.2M | 3.4% | |
| 9 | Alaska | 3 | $4.2M | 3.4% | |
| 10 | Illinois | 3 | $2.6M | 3.4% | |
| 11 | Arizona | 2 | — | 2.2% | |
| 12 | New York | 2 | — | 2.2% |
In Virginia the lender accounts for 0.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (48 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lancaster County, VA | 7 | $9.5M | 7.9% | |
| 2 | Fulton County, GA | 6 | $3.6M | 6.7% | |
| 3 | San Diego County, CA | 5 | $3.2M | 5.6% | |
| 4 | Wake County, NC | 5 | $2.5M | 5.6% | |
| 5 | Boulder County, CO | 3 | $3.6M | 3.4% | |
| 6 | Los Angeles County, CA | 3 | $2.3M | 3.4% | |
| 7 | Charlottesville city, VA | 3 | $2.0M | 3.4% | |
| 8 | Prince William County, VA | 3 | $1.9M | 3.4% | |
| 9 | Larimer County, CO | 2 | — | 2.2% | |
| 10 | Maricopa County, AZ | 2 | — | 2.2% | |
| 11 | Albemarle County, VA | 2 | — | 2.2% | |
| 12 | Fauquier County, VA | 2 | — | 2.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 14 | 15.7% | |
| 2 | Wholesale Trade | 11 | 12.4% | |
| 3 | Manufacturing | 9 | 10.1% | |
| 4 | Other Services (except Public Administration) | 9 | 10.1% | |
| 5 | Professional, Scientific, and Technical Services | 9 | 10.1% | |
| 6 | Arts, Entertainment, and Recreation | 9 | 10.1% | |
| 7 | Construction | 7 | 7.9% | |
| 8 | Retail Trade | 4 | 4.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 10.1% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 9.0% | |
| 3 | Beverage ManufacturingNAICS 3121 | 5 | 5.6% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 5 | 5.6% | |
| 5 | Other Personal ServicesNAICS 8129 | 5 | 5.6% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 4 | 4.5% | |
| 7 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 4 | 4.5% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 3.4% | |
| 9 | Miscellaneous Nondurable Goods Merchant WholesalersNAICS 4249 | 3 | 3.4% | |
| 10 | Lessors of Real EstateNAICS 5311 | 3 | 3.4% |
Approval sizes
- $50,000 or less5.6%5
- $50,001 to $150,0009.0%8
- $150,001 to $350,00016.9%15
- $350,001 to $1 million39.3%35
- $1 million to $2 million14.6%13
- Over $2 million14.6%13
Loan terms
- 5 years or less1.1%1
- Over 5 to 10 years62.9%56
- Over 10 to 20 years10.1%9
- Over 20 years25.8%23
Age of the businesses
- Existing, more than 2 years old37.1%33
- New business, 2 years or less13.5%12
- Startup, loan funds will open the business28.1%25
- Change of ownership21.3%19
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 58 | 65.2% | |
| 2 | SBA Express Program | 19 | 21.3% | |
| 3 | 7a General | 8 | 9.0% | |
| 4 | International Trade Loans | 2 | 2.2% | |
| 5 | Working Capital CAPLine | 1 | 1.1% | |
| 6 | Export Express | 1 | 1.1% |
Franchise share
17 of 89 approvals in FY2021–FY2025 (19.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Mayweather Boxing & Fitness | 3 | 3.4% | |
| 2 | Blaze Pizza | 2 | 2.2% | |
| 3 | The Dog Stop | 2 | 2.2% | |
| 4 | SunPower | 2 | 2.2% | |
| 5 | Wingate by Wyndham | 1 | 1.1% | |
| 6 | Lehigh Gas Wholesale LLC | 1 | 1.1% | |
| 7 | Max's of Manila | 1 | 1.1% | |
| 8 | Kilwins Chocolates and Ice Cream Store | 1 | 1.1% |
Questions and answers
How many SBA loans does Blue Ridge Bank National Association make?
SBA approved 0 7(a) loans through Blue Ridge Bank National Association in FY2025, worth —, and 89 over FY2021 to FY2025. That ranks 342nd of 2,184 active 7(a) lenders by number of approvals.
How large are Blue Ridge Bank National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $630K and the average $1.0M. The program-wide median was $190K.
What is Blue Ridge Bank National Association's charge-off rate?
Of 72 disbursed loans approved in FY2010 to FY2021, SBA records 1 as charged off (1.4%), 45 as paid in full and 26 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Blue Ridge Bank National Association lend to most?
By number of approvals in FY2021 to FY2025: other amusement and recreation industries (9); restaurants and other eating places (8); beverage manufacturing (5); management, scientific, and technical consulting services (5).
Where does Blue Ridge Bank National Association make SBA loans?
In 21 states and territories. Virginia 20, California 11, North Carolina 9, Georgia 8, Colorado 7. In Virginia it accounts for 0.4% of all 7(a) approvals.
Is Blue Ridge Bank National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 29, against 77 in the three before: falling (-62%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error