SBA Loans for Machine Shops in Virginia: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
9
in Virginia
Median Loan Size
$252,700
per approval
Recent Activity
1
last 90 days through Dec 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $252,700.
Key trends & insights
- Machine Shops in Virginia lending is concentrated — Manufacturers AND Traders Trust Company, Newtek Bank, National Association, Newtek Small Business Finance, INC. together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 2 approvals (22% market share) and a median loan of $112,500.
Most active SBA lenders for Machine Shops in Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $112,500 | |
| 2 | 2 | $1,587,500 | |
| 3 | 1 | $4,100,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $252,700 | |
| 6 | 1 | $300,000 | |
| 7 | 1 | $250,000 |
Recent SBA 7(a) approvals for Machine Shops in Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Lendistry SBLC, LLC | PRE*****NC. | Herndon, VA | $252,700 |
| 2025-08 | First Community Bank | Vir*****nc. | ABINGDON, VA | $212,800 |
| 2025-08 | First Community Bank | Vir*****nc. | ABINGDON, VA | $150,000 |
| 2025-06 | Northeast Bank | Mag*****LLC | Alexandria, VA | $30,000 |
| 2025-05 | BayFirst National Bank | D&S*****LLC | HAMPTON, VA | $150,000 |
| 2025-03 | Manufacturers and Traders Trust Company | SR**LLC | FREDERICKSBURG, VA | $200,000 |
| 2025-03 | Manufacturers and Traders Trust Company | SR**LLC | FREDERICKSBURG, VA | $25,000 |
| 2025-01 | Lendistry SBLC, LLC | HOR*****LLC | McLean, VA | $182,700 |
| 2025-01 | Stearns Bank National Association | ALE*****LLC | VIRGINIA BEACH, VA | $50,000 |
| 2024-08 | Newtek Bank, National Association | Che*****eel | Norfolk, VA | $1,600,000 |
| 2024-04 | TransPecos Banks, SSB. | Fal*****any | Pulaski, VA | $443,600 |
| 2024-03 | Newtek Bank, National Association | Kin*****LLC | RICHMOND, VA | $1,575,000 |
| 2024-03 | Select Bank | Osc*****nc. | Ashland, VA | $87,200 |
| 2024-02 | Select Bank | Osc*****nc. | Ashland, VA | $250,000 |
| 2024-01 | Manufacturers and Traders Trust Company | Cus*****LLC | HENRICO, VA | $150,000 |
| 2023-09 | SouthState Bank, National Association | DET*****LLC | NORTH CHESTERFIELD, VA | $51,000 |
| 2023-07 | TD Bank, National Association | NGM*****LLC | WOODBRIDGE, VA | $25,000 |
| 2023-02 | PNC Bank, National Association | AP***LLC | LYNCHBURG, VA | $500,000 |
| 2023-02 | PNC Bank, National Association | AP***LLC | LYNCHBURG, VA | $2,274,700 |
| 2022-10 | Newtek Small Business Finance, Inc. | SPI*****LLC | BRISTOL, VA | $4,100,000 |
| 2022-09 | Powell Valley National Bank | Her*****LLC | TAZEWELL, VA | $250,000 |
| 2022-08 | Metro City Bank | J&C*****TAL | RUSTBURG, VA | $437,500 |
| 2022-03 | Capital Bank, National Association | Cat*****LLC | PURCELLVILLE, VA | $1,221,000 |
| 2022-03 | BayPort Federal Credit Union | ALL*****LLC | HAMPTON, VA | $43,700 |
| 2021-09 | Newtek Small Business Finance, Inc. | Mar*****LLC | CHESAPEAKE, VA | $2,000,000 |
| 2021-09 | TowneBank | Ric*****LLC | CHESTER, VA | $3,000,000 |
| 2021-08 | First Community Bank | WOR*****TED | Woolwine, VA | $544,000 |
| 2021-06 | Newtek Small Business Finance, Inc. | Zol*****nc. | FREDERICKSBURG, VA | $500,000 |
| 2021-03 | Atlantic Union Bank | Pat*****nc. | FREDERICKSBURG, VA | $3,500,000 |
| 2020-09 | Live Oak Banking Company | Ca***LLC | RICHMOND, VA | $200,000 |
| 2020-09 | Live Oak Banking Company | Ca***LLC | RICHMOND, VA | $1,495,000 |
| 2020-04 | The First Bank and Trust Company | Lyn*****LLC | Lynchburg, VA | $1,500,000 |
| 2020-01 | Atlantic Union Bank | Abr*****LLC | BEDFORD, VA | $32,400 |
| 2019-12 | TowneBank | IM****LLC | NORTH CHESTERFIELD, VA | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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