SBA Loans for Medicinal and Botanical Manufacturing in Virginia: Top Lenders
NAICS 325NAICS 325 covers medicinal and botanical manufacturing businesses in Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Virginia
Median Loan Size
$1,325,000
per approval
Recent Activity
0
last 90 days through Aug 2021
NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $1,325,000.
Key trends & insights
- Medicinal and Botanical Manufacturing in Virginia loans run larger than the SBA average — a $1,325,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2021-08-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Medicinal and Botanical Manufacturing in Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $2,300,000 | |
| 2 | 1 | $350,000 |
Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-08 | Langley FCU | Roy*****LLC | EVINGTON, VA | $350,000 |
| 2021-05 | The First Bank and Trust Company | New*****LLC | Hillsville, VA | $2,300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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