SBA lending data · fiscal year 2025
17 lenders funded general automotive repair in Virginia last year
28 SBA 7(a) loans approved under NAICS 811111. Median approval $250,000, median term 120 months, median initial rate 10%.
What was actually approved
Half of all approvals in this industry and state fell between $111,250 and $593,000. 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.
- 1Manufacturers and Traders Trust Company5 loans · $0.4M
- 2Northeast Bank3 loans · $1M
- 3SouthState Bank, National Association2 loans · $0.5M
- 4BayFirst National Bank2 loans · $0.3M
- 5Pathward National Association2 loans · $5M
- 6Wells Fargo Bank National Association2 loans · $0M
- 7Live Oak Banking Company2 loans · $2.3M
- 8First-Citizens Bank & Trust Company1 loan · $0.9M
- 9Beacon Bank and Trust1 loan · $1.3M
- 10First Community Bank1 loan · $1.7M
- 11Renasant Bank1 loan · $0.3M
- 12Newtek Bank, National Association1 loan · $0.1M
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 | 19 | 12 | $250,000 |
| FY2024 | 15 | 12 | $340,000 |
| FY2025 | 28 | 17 | $250,000 |
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
- Beauty Salons · 33 loans
- Home Health Care Services · 32 loans
- Offices of All Other Miscellaneous Health Practitioners · 29 loans
- Child Care Services · 27 loans
- All Other Amusement and Recreation Industries · 27 loans
General Automotive Repair in other states
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