MyLenderPilot

SBA Loans for Boat Dealers in Virginia: Top Lenders

NAICS 441

NAICS 441 covers boat dealers businesses in Virginia. Based on historical SBA 7(a) lending data.

Total Approvals

9

in Virginia

Median Loan Size

$150,000

per approval

Recent Activity

0

last 90 days through Feb 2025

NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $150,000.

Key trends & insights

  • Boat Dealers in Virginia lending is concentrated — Wells Fargo Bank, National Association, Atlantic Union Bank, Northeast Bank together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Wells Fargo Bank, National Association leads this industry with 2 approvals (22% market share) and a median loan of $15,000.
  • Boat Dealers in Virginia loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2025-02-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Boat Dealers in Virginia

#LenderApprovalsMedian Size
1
Wells Fargo Bank, National Association
2$15,000
2
Atlantic Union Bank
2$508,000
3
Northeast Bank
1$50,000
4
Bayfirst National Bank
1$150,000
5
Newtek Bank, National Association
1$200,000
6
Open Bank
1$1,000,000
7
Manufacturers AND Traders Trust Company
1$65,000

Recent SBA 7(a) approvals for Boat Dealers in Virginia

MonthLenderBorrowerAmount
2025-11Manufacturers and Traders Trust CompanyKei*****LLC$50,000
2025-11Northeast BankNEX*****NC.$100,000
2025-11Newtek Bank, National AssociationFor*****nc.$350,000
2025-11Newtek Bank, National AssociationJRH*****LLC$300,000
2025-07Northeast BankCap*****LLC$350,000
2025-05Newtek Bank, National AssociationMAX*****ION$200,000
2025-04Bank Five NineTig*****LLC$410,000
2025-04Newtek Bank, National AssociationDou*****LLC$275,000
2025-04Celtic Bank CorporationSEY*****NC.$150,000
2025-03Northeast BankCap*****llc$250,000
2025-02Newtek Bank, National AssociationRid*****tos$200,000
2025-01First Heritage BankIro*****LLC$102,200
2025-01Northeast BankBow*****INC$150,000
2024-10Northeast BankCap*****LLC$250,000
2024-02BayFirst National BankMAX*****ION$150,000
2024-01Northeast Bank4 W*****ION$50,000
2024-01BayFirst National BankFai*****LLC$150,000
2023-10Wells Fargo Bank National AssociationHOM*****LLC$15,000
2023-08Bank of America, National AssociationAst*****nc.$500,000
2023-03Newtek Bank, National AssociationLan*****LLC$150,000
2023-02Fulton Bank, National AssociationVis*****LLC$4,340,000
2022-10Wells Fargo Bank National AssociationJOY*****LLC$15,000
2022-08Atlantic Union BankSaf*****ity$816,000
2022-08Atlantic Union BankSaf*****ity$200,000
2022-06Wells Fargo Bank National AssociationARY*****LLC$20,000
2022-06BayFirst National BankFai*****LLC$150,000
2022-01Live Oak Banking CompanyWyt*****LLC$2,900,000
2021-07Dogwood State BankTra*****LLC$549,000
2021-07Cadence BankPop*****ine$2,350,000
2021-02Celtic Bank CorporationNEX*****NC.$2,057,000
2020-10Manufacturers and Traders Trust CompanyHOS*****LLC$65,000
2020-10Five Star BankBoo*****ion$95,000
2020-09Cadence BankGra*****LLC$1,390,000
2020-09Pinnacle BankSwi*****LLC$2,071,000
2020-02BayFirst National BankFai*****LLC$347,000
2020-02Wells Fargo Bank National AssociationOff*****ter$20,000
2020-01Live Oak Banking CompanyWin*****Ram$1,800,000
2019-11Newtek Small Business Finance, Inc.Use*****orp$345,000
2019-10Open BankSIN*****LLC$1,000,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Save your lender shortlist & build your packet

Answer 2 more questions to refine your ranking and export a lender-ready packet.

Save & export my packet