SBA lending data · fiscal year 2025
14 lenders funded beauty salons in Virginia last year
33 SBA 7(a) loans approved under NAICS 812112. Median approval $50,000, median term 120 months, median initial rate 10.25%.
What was actually approved
Half of all approvals in this industry and state fell between $21,200 and $275,000. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1Northeast Bank9 loans · $0.3M
- 2Manufacturers and Traders Trust Company4 loans · $0.6M
- 3The Huntington National Bank4 loans · $1.4M
- 4First Community Bank3 loans · $0.2M
- 5Readycap Lending, LLC2 loans · $0.1M
- 6BayFirst National Bank2 loans · $0.1M
- 7Wells Fargo Bank National Association2 loans · $0.3M
- 8Newtek Bank, National Association1 loan · $0.3M
- 9Bank of Oak Ridge1 loan · $1.2M
- 10John Marshall Bank1 loan · $0.4M
- 11Bank of Clarke1 loan · $0.8M
- 12First Bank of the Lake1 loan · $1M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 14 | 11 | $51,250 |
| FY2024 | 19 | 15 | $75,000 |
| FY2025 | 33 | 14 | $50,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in Virginia
- Full-Service Restaurants · 71 loans
- Limited-Service Restaurants · 54 loans
- Fitness and Recreational Sports Centers · 38 loans
- Home Health Care Services · 32 loans
- Offices of All Other Miscellaneous Health Practitioners · 29 loans
- General Automotive Repair · 28 loans
- Child Care Services · 27 loans
- All Other Amusement and Recreation Industries · 27 loans
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