SBA Ledger

States › District of Columbia › FY2018

FY20181 Oct 2017 – 30 Sep 2018

SBA loans in District of Columbia, FY2018

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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 130 loans in District of Columbia: 123 under 7(a) and 7 under 504, worth $57.6M.

That is about level with FY2017, when there were 121 approvals worth $52.2M.

District of Columbia accounted for 0.2% of the 66,228 approvals nationwide that year. 31 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 27.

130approvalsFY2017: 121
$57.6Mdollars approvedFY2017: $52.2M
$150Kmedian 7(a) approvalFY2017: $150K
31lenders with an approval
2,144jobs supported, as reported

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 31 lenders with the most approvals to District of Columbia businesses in FY2018, of 31 active.

#LenderProgramApprovalsDollarsShare of stateFY2017Change
1Manufacturers and Traders Trust Company7(a)27$4.2M20.8%270
2TD Bank, National Association7(a)25$1.7M19.2%10+15
3EagleBank7(a)7$5.0M5.4%9-2
4Business Finance Group, Inc.5046$7.7M4.6%2+4
5Hanmi Bank7(a)6$3.2M4.6%60
6Capital Bank, National Association7(a)6$2.2M4.6%0new
7Wells Fargo Bank National Association7(a)6$1.0M4.6%11-5
8Capital One National Association7(a)5$2.3M3.8%2+3
9BayFirst National Bank7(a)5$1.4M3.8%1+4
10Newtek Small Business Finance, Inc.7(a)4$1.8M3.1%2+2
11Stearns Bank National Association7(a)4$1.6M3.1%1+3
12Celtic Bank Corporation7(a)3$1.1M2.3%6-3
13PNC Bank, National Association7(a)3$455K2.3%2+1
14Open Bank7(a)2—1.5%0new
15Live Oak Banking Company7(a)2—1.5%3-1
16Readycap Lending, LLC7(a)2—1.5%0new
17Truist Bank7(a)2—1.5%10-8
18Five Star Bank7(a)2—1.5%0new
19Zions Bank, A Division of7(a)1—0.8%0new
20BankUnited, National Association7(a)1—0.8%0new
21Ameris Bank7(a)1—0.8%10
22Commonwealth Business Bank7(a)1—0.8%0new
23Fulton Bank, National Association7(a)1—0.8%2-1
24PCB Bank7(a)1—0.8%10
25Atlantic Union Bank7(a)1—0.8%4-3
26504 Capital Corporation5041—0.8%0new
27City First Bank, National Association7(a)1—0.8%0new
28Bank of Hope7(a)1—0.8%0new
29Independence Bank7(a)1—0.8%10
30Northeast Bank7(a)1—0.8%10
31First National Bank of Pennsylvania7(a)1—0.8%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2017Change
1District of Columbia130$57.6M100.0%121+9

FY2018 against FY2017

District of ColumbiaFY2018FY2017
7(a) approvals123118
7(a) dollars$49.4M$49.7M
Median 7(a) approval$150K$150K
504 approvals73
504 dollars$8.2M$2.5M
Jobs supported, as reported2,1441,702

Questions and answers

Which lenders made the most SBA loans in District of Columbia in FY2018?

Manufacturers and Traders Trust Company (27), TD Bank, National Association (25), EagleBank (7), Business Finance Group, Inc. (6), Hanmi Bank (6). 31 lenders had at least one approval.

How many SBA loans were approved in District of Columbia in FY2018?

130: 123 under 7(a) worth $49.4M and 7 under 504 worth $8.2M.

Which District of Columbia counties had the most SBA approvals in FY2018?

District of Columbia (130).

When does FY2018 start and end?

The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.

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