SBA loans in District of Columbia, FY2022

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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 108 loans in District of Columbia: 95 under 7(a) and 13 under 504, worth $63.8M.

That is up 9% on FY2021, when there were 99 approvals worth $58.9M.

District of Columbia accounted for 0.2% of the 56,932 approvals nationwide that year. 35 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 23.

108approvalsFY2021: 99

$63.8Mdollars approvedFY2021: $58.9M

$250Kmedian 7(a) approvalFY2021: $234K

35lenders with an approval

1,203jobs 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 FY2022, of 35 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2021	Change
1	Manufacturers and Traders Trust Company	7(a)	23	$3.7M	21.3%	25	-2
2	Business Finance Group, Inc.	504	6	$5.3M	5.6%	5	+1
3	PNC Bank, National Association	7(a)	6	$775K	5.6%	0	new
4	Newtek Small Business Finance, Inc.	7(a)	5	$4.9M	4.6%	2	+3
5	Hanmi Bank	7(a)	5	$2.9M	4.6%	3	+2
6	The Huntington National Bank	7(a)	5	$2.0M	4.6%	0	new
7	TD Bank, National Association	7(a)	5	$260K	4.6%	6	-1
8	Readycap Lending, LLC	7(a)	4	$3.5M	3.7%	1	+3
9	Rappahannock Economic Development Corporation	504	4	$3.5M	3.7%	2	+2
10	Wells Fargo Bank National Association	7(a)	3	$2.3M	2.8%	5	-2
11	Celtic Bank Corporation	7(a)	3	$2.2M	2.8%	2	+1
12	Fulton Bank, National Association	7(a)	3	$1.8M	2.8%	2	+1
13	Wilmington Savings Fund Society FSB	7(a)	3	$1.0M	2.8%	4	-1
14	Bank of America, National Association	7(a)	3	$850K	2.8%	3	0
15	504 Capital Corporation	504	2	—	1.9%	0	new
16	Beacon Bank and Trust	7(a)	2	—	1.9%	2	0
17	Colony Bank	7(a)	2	—	1.9%	0	new
18	Capital Bank, National Association	7(a)	2	—	1.9%	3	-1
19	The Harbor Bank of Maryland	7(a)	2	—	1.9%	0	new
20	Live Oak Banking Company	7(a)	2	—	1.9%	4	-2
21	Atlantic Union Bank	7(a)	2	—	1.9%	0	new
22	BayFirst National Bank	7(a)	2	—	1.9%	0	new
23	Arlington Community FCU	7(a)	2	—	1.9%	0	new
24	First Bank of the Lake	7(a)	1	—	0.9%	0	new
25	Meridian Bank	7(a)	1	—	0.9%	0	new
26	FVCbank	7(a)	1	—	0.9%	0	new
27	John Marshall Bank	7(a)	1	—	0.9%	1	0
28	Chesapeake Business Finance Corporation	504	1	—	0.9%	0	new
29	First-Citizens Bank & Trust Company	7(a)	1	—	0.9%	1	0
30	Byline Bank	7(a)	1	—	0.9%	0	new
31	Industrial Bank	7(a)	1	—	0.9%	2	-1
32	City First Bank, National Association	7(a)	1	—	0.9%	2	-1
33	Potomac Bank	7(a)	1	—	0.9%	0	new
34	Five Star Bank	7(a)	1	—	0.9%	1	0
35	CDC Small Business Finance Corp.	7(a)	1	—	0.9%	3	-2

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2021	Change
1	District of Columbia	108	$63.8M	100.0%	99	+9

FY2022 against FY2021

District of Columbia	FY2022	FY2021
7(a) approvals	95	92
7(a) dollars	$47.4M	$50.6M
Median 7(a) approval	$250K	$234K
504 approvals	13	7
504 dollars	$16.4M	$8.3M
Jobs supported, as reported	1,203	1,129

Questions and answers

Which lenders made the most SBA loans in District of Columbia in FY2022?

Manufacturers and Traders Trust Company (23), Business Finance Group, Inc. (6), PNC Bank, National Association (6), Newtek Small Business Finance, Inc. (5), Hanmi Bank (5). 35 lenders had at least one approval.

How many SBA loans were approved in District of Columbia in FY2022?

108: 95 under 7(a) worth $47.4M and 13 under 504 worth $16.4M.

Which District of Columbia counties had the most SBA approvals in FY2022?

District of Columbia (108).

When does FY2022 start and end?

The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.

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