SBA Loans for Electric Power Distribution in Virginia: Top Lenders
NAICS 221NAICS 221 covers electric power distribution businesses in Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Virginia
Median Loan Size
$112,500
per approval
Recent Activity
0
last 90 days through Mar 2021
NAICS 221 covers electric power distribution businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $112,500.
Key trends & insights
- Electric Power Distribution in Virginia loans skew smaller than the SBA average at $112,500 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 2021-03-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electric Power Distribution in Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $15,000 | |
| 2 | 1 | $210,000 |
Recent SBA 7(a) approvals for Electric Power Distribution in Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-09 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Tik*****nc. | ALEXANDRIA, VA | $150,000 |
| 2023-08 | Wells Fargo Bank National Association | SPA*****LLC | ROANOKE, VA | $20,000 |
| 2022-07 | Truist Bank | Ill*****.C. | Sterling, VA | $1,858,000 |
| 2021-03 | Wells Fargo Bank National Association | SWE****INC | ARLINGTON, VA | $15,000 |
| 2020-10 | LendingClub Bank, National Association | Sup*****nc. | WAVERLY, VA | $1,701,000 |
| 2020-06 | Manufacturers and Traders Trust Company | Gre*****LLC | Sterling, VA | $50,000 |
| 2020-01 | Atlantic Union Bank | Her*****LLC | ASHLAND, VA | $210,000 |
| 2020-01 | Atlantic Union Bank | Her*****LLC | ASHLAND, VA | $210,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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