GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
544
2010–2026
Total Volume
$258M
Gross loan amounts
States Active
17
With recorded loans
Programs
7(a) & 504
543 total segments
Primis Bank has a strong focus on smaller deals, with 45% of their SBA loans under $150K. This makes them a good fit for startups and small acquisitions.
With an average 7(a) spread of P+2.42%, Primis Bank offers competitive pricing compared to the national median of P+2.75%, which can save you money on interest.
The bank's 233% year-over-year growth indicates a rapidly expanding lending capacity, suggesting they may be more willing to approve new loans as they scale.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 63 504 loans, which use fixed SBA debenture rates.
Top 15 of 17 states where Primis Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Management & IT Consulting
Professional Services
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Auto Repair & Maintenance
Other Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Primis Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Virginia · Restaurants & Food Service · Under $150K | 7(a) | 22 | P+2.75% | $86K | Q3 2018 |
| Virginia · Management & IT Consulting · Under $150K | 7(a) | 22 | P+2.38% | $97K | Q1 2020 |
| Virginia · Restaurants & Food Service · $150K – $350K | 7(a) | 20 | P+2.75% | $236K | Q4 2018 |
| Virginia · Manufacturing · Under $150K | 7(a) | 17 | P+2.25% | $78K | Q3 2021 |
| Virginia · Specialty Trade Contractors · Under $150K | 7(a) | 16 | P+2.75% | $74K | Q4 2017 |
| Virginia · Administrative & Waste Services · Under $150K | 7(a) | 16 | P+2.75% | $72K | Q4 2017 |
| Virginia · Retail Trade · Under $150K | 7(a) | 12 | P+2.63% | $83K | Q3 2021 |
| Virginia · Auto Repair & Maintenance · Under $150K | 7(a) | 10 | P+2.75% | $78K | Q3 2018 |
| Virginia · Other Repair & Services · Under $150K | 7(a) | 9 | P+2.75% | $87K | Q4 2018 |
| Virginia · Personal Care (Salons, Spas) · Under $150K | 7(a) | 9 | P+2.75% | $70K | Q3 2019 |
| Virginia · Other Health Practitioners · Under $150K | 7(a) | 8 | P+2.88% | $74K | Q3 2017 |
| Virginia · Wholesale Trade · Under $150K | 7(a) | 8 | P+2.13% | $87K | Q4 2017 |
| Virginia · Engineering & Architecture · Under $150K | 7(a) | 8 | P+2.75% | $75K | Q4 2020 |
| Virginia · Manufacturing · $150K – $350K | 7(a) | 7 | P+2.75% | $272K | Q4 2019 |
| Virginia · Arts, Entertainment & Recreation · Under $150K | 7(a) | 7 | P+2.75% | $103K | Q1 2021 |
| Virginia · Management & IT Consulting · $150K – $350K | 7(a) | 7 | P+2.25% | $273K | Q4 2016 |
| Virginia · Manufacturing · $500K – $1M | 7(a) | 7 | P+2.50% | $789K | Q2 2018 |
| Virginia · Wholesale Trade · $150K – $350K | 7(a) | 7 | P+2.25% | $254K | Q1 2025 |
| Virginia · Specialty Trade Contractors · $150K – $350K | 7(a) | 6 | P+2.25% | $292K | Q1 2014 |
| Virginia · Sporting Goods & Hobby · Under $150K | 7(a) | 6 | P+2.75% | $93K | Q3 2018 |
| Virginia · Building Construction · Under $150K | 7(a) | 6 | P+2.25% | $98K | Q4 2019 |
| Virginia · Restaurants & Food Service · $350K – $500K | 7(a) | 5 | P+2.75% | $429K | Q3 2022 |
| Virginia · General Merchandise · Under $150K | 7(a) | 5 | P+2.75% | $106K | Q1 2017 |
| Virginia · Hotels & Accommodation · $2M – $5M | 504 | 5 | — | $3.7M | Q1 2025 |
| Virginia · Real Estate · Under $150K | 7(a) | 5 | P+2.25% | $70K | Q1 2017 |
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