SBA Loans for Boat Dealers in Virginia: Top Lenders
NAICS 441NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $15,000 | |
| 2 | 2 | $508,000 | |
| 3 | 1 | $50,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $200,000 | |
| 6 | 1 | $1,000,000 | |
| 7 | 1 | $65,000 |
Recent SBA 7(a) approvals for Boat Dealers in Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-05 | Newtek Bank, National Association | MAX*****ION | Fredericksburg, VA | $200,000 |
| 2025-04 | Newtek Bank, National Association | Dou*****LLC | Tappahannock, VA | $275,000 |
| 2025-02 | Newtek Bank, National Association | Rid*****tos | Rustburg, VA | $200,000 |
| 2024-02 | BayFirst National Bank | MAX*****ION | FREDERICKSBURG, VA | $150,000 |
| 2024-01 | Northeast Bank | 4 W*****ION | ASHLAND, VA | $50,000 |
| 2023-10 | Wells Fargo Bank National Association | HOM*****LLC | CHESAPEAKE, VA | $15,000 |
| 2022-10 | Wells Fargo Bank National Association | JOY*****LLC | SPOTSYLVANIA, VA | $15,000 |
| 2022-08 | Atlantic Union Bank | Saf*****ity | MANASSAS, VA | $816,000 |
| 2022-08 | Atlantic Union Bank | Saf*****ity | MANASSAS, VA | $200,000 |
| 2020-10 | Manufacturers and Traders Trust Company | HOS*****LLC | Manassas, VA | $65,000 |
| 2019-10 | Open Bank | SIN*****LLC | STEPHENS CITY, VA | $1,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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