States › District of Columbia › FY2017
FY20171 Oct 2016 – 30 Sep 2017
SBA loans in District of Columbia, FY2017
That fiscal year's approvals by lender and by county.
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.
In FY2017 (1 October 2016 to 30 September 2017) SBA approved 121 loans in District of Columbia: 118 under 7(a) and 3 under 504, worth $52.2M.
That is about level with FY2016, when there were 113 approvals worth $37.8M.
District of Columbia accounted for 0.2% of the 68,648 approvals nationwide that year. 32 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 27.
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.
Approvals by lender
The 32 lenders with the most approvals to District of Columbia businesses in FY2017, of 32 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company | 7(a) | 27 | $4.4M | 22.3% | 22 | +5 |
| 2 | Wells Fargo Bank National Association | 7(a) | 11 | $1.4M | 9.1% | 11 | 0 |
| 3 | Truist Bank | 7(a) | 10 | $6.1M | 8.3% | 6 | +4 |
| 4 | TD Bank, National Association | 7(a) | 10 | $408K | 8.3% | 4 | +6 |
| 5 | EagleBank | 7(a) | 9 | $3.1M | 7.4% | 8 | +1 |
| 6 | Hanmi Bank | 7(a) | 6 | $3.0M | 5.0% | 6 | 0 |
| 7 | Celtic Bank Corporation | 7(a) | 6 | $1.5M | 5.0% | 7 | -1 |
| 8 | Industrial Bank | 7(a) | 4 | $2.3M | 3.3% | 3 | +1 |
| 9 | Atlantic Union Bank | 7(a) | 4 | $2.2M | 3.3% | 2 | +2 |
| 10 | Citibank, N.A. | 7(a) | 4 | $136K | 3.3% | 1 | +3 |
| 11 | Live Oak Banking Company | 7(a) | 3 | $6.9M | 2.5% | 1 | +2 |
| 12 | Fulton Bank, National Association | 7(a) | 2 | — | 1.7% | 2 | 0 |
| 13 | Capital One National Association | 7(a) | 2 | — | 1.7% | 8 | -6 |
| 14 | Business Finance Group, Inc. | 504 | 2 | — | 1.7% | 7 | -5 |
| 15 | Newtek Small Business Finance, Inc. | 7(a) | 2 | — | 1.7% | 2 | 0 |
| 16 | PNC Bank, National Association | 7(a) | 2 | — | 1.7% | 3 | -1 |
| 17 | United Bank | 7(a) | 2 | — | 1.7% | 2 | 0 |
| 18 | JPMorgan Chase Bank, National Association | 7(a) | 1 | — | 0.8% | 0 | new |
| 19 | Woori America Bank | 7(a) | 1 | — | 0.8% | 0 | new |
| 20 | FVCbank | 7(a) | 1 | — | 0.8% | 0 | new |
| 21 | Chesapeake Business Finance Corporation | 504 | 1 | — | 0.8% | 1 | 0 |
| 22 | Paragon Bank | 7(a) | 1 | — | 0.8% | 0 | new |
| 23 | PCB Bank | 7(a) | 1 | — | 0.8% | 1 | 0 |
| 24 | Citizens Bank | 7(a) | 1 | — | 0.8% | 0 | new |
| 25 | BayFirst National Bank | 7(a) | 1 | — | 0.8% | 1 | 0 |
| 26 | Wilmington Savings Fund Society FSB | 7(a) | 1 | — | 0.8% | 1 | 0 |
| 27 | Stearns Bank National Association | 7(a) | 1 | — | 0.8% | 0 | new |
| 28 | Independence Bank | 7(a) | 1 | — | 0.8% | 1 | 0 |
| 29 | Northeast Bank | 7(a) | 1 | — | 0.8% | 0 | new |
| 30 | Primis Bank | 7(a) | 1 | — | 0.8% | 0 | new |
| 31 | Ameris Bank | 7(a) | 1 | — | 0.8% | 0 | new |
| 32 | Beacon Bank and Trust | 7(a) | 1 | — | 0.8% | 1 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | District of Columbia | 121 | $52.2M | 100.0% | 113 | +8 |
FY2017 against FY2016
| District of Columbia | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 118 | 105 |
| 7(a) dollars | $49.7M | $30.2M |
| Median 7(a) approval | $150K | $150K |
| 504 approvals | 3 | 8 |
| 504 dollars | $2.5M | $7.6M |
| Jobs supported, as reported | 1,702 | 1,299 |
Questions and answers
Which lenders made the most SBA loans in District of Columbia in FY2017?
Manufacturers and Traders Trust Company (27), Wells Fargo Bank National Association (11), Truist Bank (10), TD Bank, National Association (10), EagleBank (9). 32 lenders had at least one approval.
How many SBA loans were approved in District of Columbia in FY2017?
121: 118 under 7(a) worth $49.7M and 3 under 504 worth $2.5M.
Which District of Columbia counties had the most SBA approvals in FY2017?
District of Columbia (121).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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