States › District of Columbia
State0.2% of US approvals93 lenders active
SBA loans in District of Columbia
7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.
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 676 small business loans in District of Columbia in FY2021 to FY2025: 640 under the 7(a) program and 36 under 504, worth $346M together.
That is 28.4 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 0.2% of all approvals in the country (50th of 54 states and territories).
In FY2025 there were 185 approvals totalling $86.5M, up 19% on FY2024. The median 7(a) approval over the five years was $200K and the median 504 approval $1.0M.
93 lenders had at least one approval in the state; by number of 7(a) approvals the most active were Manufacturers and Traders Trust Company (144), TD Bank, National Association (59) and Newtek Bank, National Association (38).
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 8.4% as charged off, against 6.6% nationally.
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.
Most active 7(a) lenders in District of Columbia
Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.
| # | Lender | Approvals in DC, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 144 | $21.7M | 22.5% | $50K | 8.0% | |
| 2 | TD Bank, National AssociationWilmington, DE | 59 | $15.5M | 9.2% | $50K | 14.4% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 38 | $22.8M | 5.9% | $225K | — | |
| 4 | The Huntington National BankColumbus, OH | 28 | $11.1M | 4.4% | $92K | 5.7% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 27 | $10.2M | 4.2% | $138K | 4.3% | |
| 6 | Hanmi BankLos Angeles, CA | 20 | $13.7M | 3.1% | $630K | 6.0% | |
| 7 | Northeast BankLewiston, ME | 20 | $3.9M | 3.1% | $106K | 12.8% | |
| 8 | Wells Fargo Bank National AssociationSioux Falls, SD | 18 | $3.8M | 2.8% | $15K | 7.9% | |
| 9 | Bank of America, National AssociationCharlotte, NC | 15 | $5.0M | 2.3% | $300K | 2.6% | |
| 10 | PNC Bank, National AssociationWilmington, DE | 15 | $1.1M | 2.3% | $50K | 8.1% | |
| 11 | Fulton Bank, National AssociationLancaster, PA | 12 | $4.9M | 1.9% | $465K | 6.5% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 11 | $7.7M | 1.7% | $150K | 17.0% | |
| 13 | CDC Small Business Finance Corp.San Diego, CA | 11 | $1.0M | 1.7% | $150K | 17.9% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 10 | $9.4M | 1.6% | $300K | 6.8% | |
| 15 | Wilmington Savings Fund Society FSBWilmington, DE | 10 | $6.8M | 1.6% | $500K | 5.9% | |
| 16 | Lendistry SBLC, LLCLos Angeles, CA | 10 | $2.0M | 1.6% | $150K | 22.7% | |
| 17 | Beacon Bank and TrustBrookline, MA | 9 | $13.7M | 1.4% | $630K | 4.6% | |
| 18 | Industrial BankWashington, DC | 9 | $11.4M | 1.4% | $440K | 2.4% | |
| 19 | Live Oak Banking CompanyWilmington, NC | 8 | $12.9M | 1.3% | $850K | 2.2% | |
| 20 | BayFirst National BankSaint Petersburg, FL | 8 | $1.1M | 1.3% | $150K | 19.2% | |
| 21 | Capital Bank, National AssociationRockville, MD | 7 | $4.2M | 1.1% | $312K | 6.5% | |
| 22 | Colony BankFitzgerald, GA | 7 | $3.9M | 1.1% | $150K | 7.0% | |
| 23 | EagleBankBethesda, MD | 6 | $2.4M | 0.9% | $363K | 10.4% | |
| 24 | JPMorgan Chase Bank, National AssociationColumbus, OH | 6 | $1.6M | 0.9% | $200K | 7.4% | |
| 25 | First Bank of the LakeOsage Beach, MO | 5 | $5.9M | 0.8% | $350K | 2.7% | |
| 26 | Bank of ClarkeBerryville, VA | 5 | $5.0M | 0.8% | $500K | — | |
| 27 | John Marshall BankReston, VA | 5 | $2.5M | 0.8% | $350K | — | |
| 28 | SouthState Bank, National AssociationWinter Haven, FL | 5 | $1.5M | 0.8% | $350K | 2.8% | |
| 29 | City National BankLos Angeles, CA | 4 | $4.7M | 0.6% | $887K | 1.8% | |
| 30 | First Internet Bank of IndianaFishers, IN | 4 | $3.2M | 0.6% | $895K | 5.3% | |
| 31 | First National Bank of PennsylvaniaGreenville, PA | 4 | $3.0M | 0.6% | $621K | 9.2% | |
| 32 | Five Star BankRancho Cordova, CA | 4 | $1.0M | 0.6% | $310K | 9.7% | |
| 33 | Truist BankCharlotte, NC | 3 | $8.3M | 0.5% | $771K | 4.5% | |
| 34 | Capital One National AssociationMcLean, VA | 3 | $5.3M | 0.5% | $500K | 6.3% | |
| 35 | Byline BankChicago, IL | 3 | $4.5M | 0.5% | $806K | 9.5% | |
| 36 | PCB BankLos Angeles, CA | 3 | $3.0M | 0.5% | $850K | 3.0% | |
| 37 | Citizens BankElizabethton, TN | 3 | $2.8M | 0.5% | $495K | 5.4% | |
| 38 | Port 51 Lending LLCNew York, NY | 3 | $2.3M | 0.5% | $1.0M | 0.0% | |
| 39 | Metro City BankDoraville, GA | 3 | $2.0M | 0.5% | $1.3M | 2.1% | |
| 40 | City First Bank, National AssociationWashington, DC | 3 | $771K | 0.5% | $300K | — |
504 certified development companies
| # | Lender | Approvals in DC, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Business Finance Group, Inc.Fairfax, VA · 504 CDC | 16 | $15.9M | 44.4% | $584K | 0.9% | |
| 2 | Rappahannock Economic Development CorporationFredericksburg, VA · 504 CDC | 11 | $15.5M | 30.6% | $580K | 0.7% | |
| 3 | Chesapeake Business Finance CorporationBethesda, MD · 504 CDC | 7 | $7.2M | 19.4% | $926K | 4.8% | |
| 4 | 504 Capital CorporationChesapeake, VA · 504 CDC | 2 | — | 5.6% | $537K | 0.5% |
Fiscal-year ledger
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 110 | $42.1M | $150K | 3 | $2.1M | 113 | 814 |
| FY2025 | 178 | $78.0M | $200K | 7 | $8.6M | 185 | 2,108 |
| FY2024 | 151 | $71.2M | $200K | 5 | $6.7M | 156 | 1,437 |
| FY2023 | 124 | $53.8M | $100K | 4 | $5.2M | 128 | 2,251 |
| FY2022 | 95 | $47.4M | $250K | 13 | $16.4M | 108 | 1,203 |
| FY2021 | 92 | $50.6M | $234K | 7 | $8.3M | 99 | 1,129 |
| FY2020 | 74 | $23.5M | $128K | 8 | $7.3M | 82 | 727 |
| FY2019 | 96 | $34.3M | $150K | 8 | $11.9M | 104 | 1,941 |
| FY2018 | 123 | $49.4M | $150K | 7 | $8.2M | 130 | 2,144 |
| FY2017 | 118 | $49.7M | $150K | 3 | $2.5M | 121 | 1,702 |
| FY2016 | 105 | $30.2M | $150K | 8 | $7.6M | 113 | 1,299 |
7(a) approvals504 approvals
Counties
Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.
| # | County | Approvals | Dollars | Establishments | Per 1,000 establishments | By fiscal year |
|---|---|---|---|---|---|---|
| 1 | District of Columbia | 676 | $346M | 23,801 | 28.4 |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 98 | $60.0M | 14.5% | |
| 2 | Beer, Wine, and Liquor StoresNAICS 4453 | 48 | $33.2M | 7.1% | |
| 3 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 44 | $12.4M | 6.5% | |
| 4 | Personal Care ServicesNAICS 8121 | 30 | $13.1M | 4.4% | |
| 5 | Computer Systems Design and Related ServicesNAICS 5415 | 28 | $23.9M | 4.1% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 26 | $8.3M | 3.8% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 19 | $7.3M | 2.8% | |
| 8 | Grocery StoresNAICS 4451 | 15 | $5.8M | 2.2% | |
| 9 | Drycleaning and Laundry ServicesNAICS 8123 | 14 | $8.0M | 2.1% | |
| 10 | Child Day Care ServicesNAICS 6244 | 14 | $7.2M | 2.1% | |
| 11 | Other Personal ServicesNAICS 8129 | 13 | $3.7M | 1.9% | |
| 12 | Offices of PhysiciansNAICS 6211 | 12 | $9.2M | 1.8% | |
| 13 | Architectural, Engineering, and Related ServicesNAICS 5413 | 12 | $6.8M | 1.8% | |
| 14 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 12 | $6.8M | 1.8% | |
| 15 | Motion Picture and Video IndustriesNAICS 5121 | 10 | $2.6M | 1.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 133 | 19.7% | |
| 2 | Accommodation and Food Services | 123 | 18.2% | |
| 3 | Retail Trade | 117 | 17.3% | |
| 4 | Health Care and Social Assistance | 71 | 10.5% | |
| 5 | Other Services (except Public Administration) | 58 | 8.6% | |
| 6 | Construction | 34 | 5.0% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 28 | 4.1% | |
| 8 | Educational Services | 24 | 3.6% | |
| 9 | Manufacturing | 22 | 3.3% | |
| 10 | Information | 20 | 3.0% |
Franchise brands
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Jinya Ramen Bar | 3 | 0.4% | |
| 2 | Jersey Mike’s Subs | 2 | 0.3% | |
| 3 | Hammer & Nails Grooming For Guys | 2 | 0.3% | |
| 4 | Tous Les Jours | 2 | 0.3% | |
| 5 | Saladworks | 2 | 0.3% | |
| 6 | Ace Hardware | 2 | 0.3% | |
| 7 | Ledo Pizza | 2 | 0.3% | |
| 8 | Pure Sweat Suana Studio, Pure Sweat & Float Studio | 2 | 0.3% | |
| 9 | Tipsy Scoops | 2 | 0.3% | |
| 10 | Mighty Dog Roofing | 2 | 0.3% |
How earlier loans turned out
| Loans approved FY2010–FY2021 | DC 7(a) | US 7(a) | DC 504 | US 504 |
|---|---|---|---|---|
| Approvals in these years | 1,072 | 639,905 | 112 | 85,591 |
| Cancelled or never disbursed | 183 | 79,313 | 38 | 12,514 |
| Disbursed loans | 889 | 560,592 | 74 | 73,077 |
| Paid in full | 658 | 435,813 | 42 | 35,491 |
| Charged off | 75 | 36,891 | 1 | 905 |
| Still outstanding (status exempt from disclosure) | 156 | 87,888 | 31 | 36,681 |
| Charged off, share of disbursed loans | 8.4% | 6.6% | 1.4% | 1.2% |
| Dollars charged off, share of disbursed dollars | 3.5% | 2.5% | 1.3% | 0.9% |
| Dollars charged off | $11.7M | $5.70bn | $862K | $499M |
Approval sizes
- $50,000 or less25.9%175
- $50,001 to $150,00018.8%127
- $150,001 to $350,00019.2%130
- $350,001 to $1 million20.7%140
- $1 million to $2 million10.7%72
- Over $2 million4.7%32
Age of the businesses
- Existing, more than 2 years old59.6%403
- New business, 2 years or less15.5%105
- Startup, loan funds will open the business15.8%107
- Change of ownership9.0%61
Against the country
| FY2021–FY2025 | District of Columbia | United States |
|---|---|---|
| Approvals per 1,000 establishments | 28.4 | 41.0 |
| Median 7(a) approval | $200K | $190K |
| Median 504 approval | $1.0M | $657K |
| 504 share of approvals | 5.3% | 11.0% |
| Jobs supported per approval, as reported | 12.0 | 10.5 |
| Approvals, change on FY2016–FY2020 | 23% | 10% |
Questions and answers
Which lenders make the most SBA loans in District of Columbia?
By 7(a) approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (144), TD Bank, National Association (59), Newtek Bank, National Association (38), The Huntington National Bank (28), Readycap Lending, LLC (27). For 504 loans: Business Finance Group, Inc. (16), Rappahannock Economic Development Corporation (11), Chesapeake Business Finance Corporation (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in District of Columbia?
The median 7(a) approval was $200K and the median 504 approval $1.0M; the average across both programs was $512K.
Which industries get the most SBA loans in District of Columbia?
Restaurants and Other Eating Places (98); Beer, Wine, and Liquor Stores (48); Management, Scientific, and Technical Consulting Services (44); Personal Care Services (30); Computer Systems Design and Related Services (28).
Which District of Columbia counties receive the most SBA loans?
District of Columbia (676), by approvals in FY2021 to FY2025.
Is SBA lending in District of Columbia rising?
Approvals in the three latest complete fiscal years total 469, against 289 in the three before: rising (+62%).
What share of SBA loans in District of Columbia are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 8.4% are recorded as charged off (national: 6.6%); for 504 loans the figure is 1.4% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.
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