SBA Ledger

States › District of Columbia › FY2025

FY20251 Oct 2024 – 30 Sep 2025

SBA loans in District of Columbia, FY2025

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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 185 loans in District of Columbia: 178 under 7(a) and 7 under 504, worth $86.5M.

That is up 19% on FY2024, when there were 156 approvals worth $77.9M.

District of Columbia accounted for 0.2% of the 84,840 approvals nationwide that year. 47 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 44.

185approvalsFY2024: 156
$86.5Mdollars approvedFY2024: $77.9M
$200Kmedian 7(a) approvalFY2024: $200K
47lenders with an approval
2,108jobs 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 40 lenders with the most approvals to District of Columbia businesses in FY2025, of 47 active.

#LenderProgramApprovalsDollarsShare of stateFY2024Change
1Manufacturers and Traders Trust Company7(a)44$4.2M23.8%20+24
2Newtek Bank, National Association7(a)21$9.7M11.4%15+6
3Northeast Bank7(a)15$3.4M8.1%3+12
4The Huntington National Bank7(a)10$4.7M5.4%9+1
5Readycap Lending, LLC7(a)10$3.7M5.4%100
6Lendistry SBLC, LLC7(a)8$1.5M4.3%2+6
7TD Bank, National Association7(a)7$912K3.8%22-15
8Hanmi Bank7(a)5$4.3M2.7%3+2
9City National Bank7(a)4$4.7M2.2%0new
10BayFirst National Bank7(a)4$578K2.2%2+2
11Rappahannock Economic Development Corporation5043$3.9M1.6%1+2
12Bank of Clarke7(a)3$2.9M1.6%0new
13Port 51 Lending LLC7(a)3$2.3M1.6%0new
14First Internet Bank of Indiana7(a)3$975K1.6%1+2
15CenTrust Bank, A Division of SmartBiz Bank National Association7(a)3$600K1.6%0new
16Byline Bank7(a)2—1.1%0new
17WesBanco Bank, Inc.7(a)2—1.1%0new
18Business Finance Group, Inc.5042—1.1%20
19Chesapeake Business Finance Corporation5042—1.1%20
20Capital Bank, National Association7(a)2—1.1%0new
21EagleBank7(a)2—1.1%1+1
22Gulf Coast Bank and Trust Company7(a)2—1.1%0new
23Colony Bank7(a)2—1.1%20
24Stone Bank7(a)2—1.1%0new
25Wells Fargo Bank National Association7(a)2—1.1%5-3
26Beacon Bank and Trust7(a)1—0.5%10
27First Bank7(a)1—0.5%0new
28Truist Bank7(a)1—0.5%0new
29VelocitySBA, LLC7(a)1—0.5%0new
30First Bank of the Lake7(a)1—0.5%3-2
31Harvest Small Business Finance, LLC7(a)1—0.5%0new
32Truliant FCU7(a)1—0.5%0new
33Industrial Bank7(a)1—0.5%2-1
34Peoples State Bank7(a)1—0.5%0new
35Bridgewater Bank7(a)1—0.5%0new
36Open Bank7(a)1—0.5%0new
37Midwest BankCentre7(a)1—0.5%0new
38Meridian Bank7(a)1—0.5%0new
39Wilmington Savings Fund Society FSB7(a)1—0.5%2-1
40PromiseOne Bank7(a)1—0.5%10

Approvals by county

#CountyApprovalsDollarsShare of stateFY2024Change
1District of Columbia185$86.5M100.0%156+29

FY2025 against FY2024

District of ColumbiaFY2025FY2024
7(a) approvals178151
7(a) dollars$78.0M$71.2M
Median 7(a) approval$200K$200K
504 approvals75
504 dollars$8.6M$6.7M
Jobs supported, as reported2,1081,437

Questions and answers

Which lenders made the most SBA loans in District of Columbia in FY2025?

Manufacturers and Traders Trust Company (44), Newtek Bank, National Association (21), Northeast Bank (15), The Huntington National Bank (10), Readycap Lending, LLC (10). 47 lenders had at least one approval.

How many SBA loans were approved in District of Columbia in FY2025?

185: 178 under 7(a) worth $78.0M and 7 under 504 worth $8.6M.

Which District of Columbia counties had the most SBA approvals in FY2025?

District of Columbia (185).

When does FY2025 start and end?

The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.

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