SBA loans in District of Columbia, FY2020

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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 82 loans in District of Columbia: 74 under 7(a) and 8 under 504, worth $30.8M.

That is down 21% on FY2019, when there were 104 approvals worth $46.3M.

District of Columbia accounted for 0.2% of the 49,417 approvals nationwide that year. 27 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 25.

82approvalsFY2019: 104

$30.8Mdollars approvedFY2019: $46.3M

$128Kmedian 7(a) approvalFY2019: $150K

27lenders with an approval

727jobs 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 27 lenders with the most approvals to District of Columbia businesses in FY2020, of 27 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2019	Change
1	Manufacturers and Traders Trust Company	7(a)	25	$1.9M	30.5%	32	-7
2	Hanmi Bank	7(a)	8	$5.4M	9.8%	1	+7
3	Business Finance Group, Inc.	504	6	$5.3M	7.3%	8	-2
4	TD Bank, National Association	7(a)	6	$300K	7.3%	13	-7
5	Atlantic Union Bank	7(a)	4	$2.3M	4.9%	0	new
6	Wells Fargo Bank National Association	7(a)	4	$1.2M	4.9%	2	+2
7	Truist Bank	7(a)	4	$1.0M	4.9%	6	-2
8	Rappahannock Economic Development Corporation	504	2	—	2.4%	0	new
9	First National Bank of Pennsylvania	7(a)	2	—	2.4%	0	new
10	PNC Bank, National Association	7(a)	2	—	2.4%	3	-1
11	Firstrust Savings Bank	7(a)	2	—	2.4%	0	new
12	Newtek Small Business Finance, Inc.	7(a)	2	—	2.4%	3	-1
13	Readycap Lending, LLC	7(a)	1	—	1.2%	2	-1
14	Colony Bank	7(a)	1	—	1.2%	0	new
15	The Harbor Bank of Maryland	7(a)	1	—	1.2%	0	new
16	United Community Bank	7(a)	1	—	1.2%	0	new
17	Primis Bank	7(a)	1	—	1.2%	1	0
18	Port 51 Lending LLC	7(a)	1	—	1.2%	0	new
19	Stearns Bank National Association	7(a)	1	—	1.2%	1	0
20	Five Star Bank	7(a)	1	—	1.2%	1	0
21	Capital Bank, National Association	7(a)	1	—	1.2%	3	-2
22	EagleBank	7(a)	1	—	1.2%	6	-5
23	City First Bank, National Association	7(a)	1	—	1.2%	0	new
24	United Midwest Savings Bank National Association	7(a)	1	—	1.2%	0	new
25	MVB Bank, Inc.	7(a)	1	—	1.2%	0	new
26	Celtic Bank Corporation	7(a)	1	—	1.2%	0	new
27	BayFirst National Bank	7(a)	1	—	1.2%	2	-1

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2019	Change
1	District of Columbia	82	$30.8M	100.0%	104	-22

FY2020 against FY2019

District of Columbia	FY2020	FY2019
7(a) approvals	74	96
7(a) dollars	$23.5M	$34.3M
Median 7(a) approval	$128K	$150K
504 approvals	8	8
504 dollars	$7.3M	$11.9M
Jobs supported, as reported	727	1,941

Questions and answers

Which lenders made the most SBA loans in District of Columbia in FY2020?

Manufacturers and Traders Trust Company (25), Hanmi Bank (8), Business Finance Group, Inc. (6), TD Bank, National Association (6), Atlantic Union Bank (4). 27 lenders had at least one approval.

How many SBA loans were approved in District of Columbia in FY2020?

82: 74 under 7(a) worth $23.5M and 8 under 504 worth $7.3M.

Which District of Columbia counties had the most SBA approvals in FY2020?

District of Columbia (82).

When does FY2020 start and end?

The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.

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