STRONG
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.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
111
2010–2024
Total Volume
$33M
Gross loan amounts
States Active
2
With recorded loans
Programs
7(a) & 504
111 total segments
Virginia National Bank has a strong focus on existing businesses, with 57% of their deals serving this purpose. This makes them a good option for established companies looking to expand or refinance.
With an average 7(a) spread of P+2.02%, Virginia National Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Virginia National Bank has seen a significant decline in lending activity, with a 60% drop in deals year-over-year. This trend may indicate a tightening of their lending criteria, making it potentially more challenging to secure a loan.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 14 504 loans, which use fixed SBA debenture rates.
States where Virginia National Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Other Professional Services
Professional Services
Transportation & Warehousing
Transportation & Warehousing
+ 7 more
All recorded SBA lending activity for Virginia National 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) | 7 | P+2.00% | $85K | Q3 2022 |
| Virginia · Manufacturing · Under $150K | 7(a) | 6 | P+1.75% | $45K | Q2 2021 |
| Virginia · Physician & Dental Offices · Under $150K | 7(a) | 5 | P+1.75% | $109K | Q2 2015 |
| Virginia · Transportation & Warehousing · Under $150K | 7(a) | 5 | P+3.00% | $87K | Q2 2016 |
| Virginia · Manufacturing · $150K – $350K | 7(a) | 4 | P+2.00% | $283K | Q2 2022 |
| Virginia · Administrative & Waste Services · Under $150K | 7(a) | 4 | P+2.00% | $71K | Q2 2018 |
| Virginia · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+2.00% | $81K | Q1 2021 |
| Virginia · Arts, Entertainment & Recreation · Under $150K | 7(a) | 4 | P+2.25% | $44K | Q2 2021 |
| Virginia · Other Health Practitioners · Under $150K | 7(a) | 4 | P+2.88% | $54K | Q2 2014 |
| Virginia · Specialty Trade Contractors · $150K – $350K | 7(a) | 4 | P+1.25% | $263K | Q3 2021 |
| Virginia · Management & IT Consulting · Under $150K | 7(a) | 4 | P+2.13% | $43K | Q3 2016 |
| Virginia · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 3 | P+1.75% | $233K | Q2 2017 |
| Virginia · Education · Under $150K | 7(a) | 3 | P+2.50% | $53K | Q3 2016 |
| Virginia · Other Professional Services · Under $150K | 7(a) | 3 | P+2.25% | $70K | Q2 2022 |
| Virginia · Miscellaneous Retail · Under $150K | 7(a) | 3 | P+2.00% | $92K | Q3 2024 |
| Virginia · Miscellaneous Retail · $150K – $350K | 7(a) | 2 | P+1.50% | $279K | Q2 2022 |
| Virginia · Retail Trade · $150K – $350K | 7(a) | 2 | P+2.38% | $250K | Q4 2011 |
| Virginia · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+1.82% | $43K | Q1 2015 |
| Virginia · Retail Trade · Under $150K | 7(a) | 2 | P+2.75% | $110K | Q1 2022 |
| Virginia · Auto Repair & Maintenance · Under $150K | 7(a) | 2 | P+3.75% | $35K | Q4 2012 |
| Virginia · Agriculture & Forestry · $1M – $2M | 7(a) | 2 | P+2.00% | $1.2M | Q3 2020 |
| Virginia · Gas Stations · Under $150K | 7(a) | 2 | P+2.38% | $80K | Q2 2021 |
| Virginia · Manufacturing · $350K – $500K | 504 | 1 | — | $486K | Q1 2020 |
| Virginia · Legal Services · $500K – $1M | 504 | 1 | — | $698K | Q3 2023 |
| Virginia · Other Professional Services · $500K – $1M | 504 | 1 | — | $516K | Q3 2020 |
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