SBA Ledger

States › District of Columbia › FY2021

FY20211 Oct 2020 – 30 Sep 2021

SBA loans in District of Columbia, FY2021

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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 99 loans in District of Columbia: 92 under 7(a) and 7 under 504, worth $58.9M.

That is up 21% on FY2020, when there were 82 approvals worth $30.8M.

District of Columbia accounted for 0.2% of the 61,532 approvals nationwide that year. 35 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 25.

99approvalsFY2020: 82
$58.9Mdollars approvedFY2020: $30.8M
$234Kmedian 7(a) approvalFY2020: $128K
35lenders with an approval
1,129jobs 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 35 lenders with the most approvals to District of Columbia businesses in FY2021, of 35 active.

#LenderProgramApprovalsDollarsShare of stateFY2020Change
1Manufacturers and Traders Trust Company7(a)25$2.8M25.3%250
2TD Bank, National Association7(a)6$222K6.1%60
3Business Finance Group, Inc.5045$3.5M5.1%6-1
4Wells Fargo Bank National Association7(a)5$1.2M5.1%4+1
5Live Oak Banking Company7(a)4$10.8M4.0%0new
6Wilmington Savings Fund Society FSB7(a)4$2.4M4.0%0new
7First National Bank of Pennsylvania7(a)3$2.5M3.0%2+1
8Metro City Bank7(a)3$2.0M3.0%0new
9Bank of America, National Association7(a)3$1.5M3.0%0new
10Hanmi Bank7(a)3$1.5M3.0%8-5
11Capital Bank, National Association7(a)3$1.3M3.0%1+2
12CDC Small Business Finance Corp.7(a)3$140K3.0%0new
13Rappahannock Economic Development Corporation5042—2.0%20
14Industrial Bank7(a)2—2.0%0new
15Celtic Bank Corporation7(a)2—2.0%1+1
16Newtek Small Business Finance, Inc.7(a)2—2.0%20
17Beacon Bank and Trust7(a)2—2.0%0new
18Fulton Bank, National Association7(a)2—2.0%0new
19Commonwealth Business Bank7(a)2—2.0%0new
20City First Bank, National Association7(a)2—2.0%1+1
21JPMorgan Chase Bank, National Association7(a)2—2.0%0new
22First Business Bank7(a)1—1.0%0new
23Truist Bank7(a)1—1.0%4-3
24Harvest Small Business Finance, LLC7(a)1—1.0%0new
25CRF Small Business Loan Company, LLC7(a)1—1.0%0new
26TowneBank7(a)1—1.0%0new
27Citizens Bank7(a)1—1.0%0new
28Customers Bank7(a)1—1.0%0new
29Readycap Lending, LLC7(a)1—1.0%10
30Five Star Bank7(a)1—1.0%10
31First-Citizens Bank & Trust Company7(a)1—1.0%0new
32Latino Economic Development Corp.7(a)1—1.0%0new
335Star Bank7(a)1—1.0%0new
34John Marshall Bank7(a)1—1.0%0new
35Martha's Vineyard Bank7(a)1—1.0%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2020Change
1District of Columbia99$58.9M100.0%82+17

FY2021 against FY2020

District of ColumbiaFY2021FY2020
7(a) approvals9274
7(a) dollars$50.6M$23.5M
Median 7(a) approval$234K$128K
504 approvals78
504 dollars$8.3M$7.3M
Jobs supported, as reported1,129727

Questions and answers

Which lenders made the most SBA loans in District of Columbia in FY2021?

Manufacturers and Traders Trust Company (25), TD Bank, National Association (6), Business Finance Group, Inc. (5), Wells Fargo Bank National Association (5), Live Oak Banking Company (4). 35 lenders had at least one approval.

How many SBA loans were approved in District of Columbia in FY2021?

99: 92 under 7(a) worth $50.6M and 7 under 504 worth $8.3M.

Which District of Columbia counties had the most SBA approvals in FY2021?

District of Columbia (99).

When does FY2021 start and end?

The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.

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