SBA Loans for Jewelry Stores in Virginia: Top Lenders

NAICS 448

NAICS 448 covers jewelry stores businesses in Virginia. Based on historical SBA 7(a) lending data.

Total Approvals

8

in Virginia

Median Loan Size

$112,500

per approval

Recent Activity

0

last 90 days through Apr 2023

NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $112,500.

Key trends & insights

  • Jewelry Stores in Virginia lending is concentrated — Manufacturers AND Traders Trust Company, TD Bank, National Association, Bayfirst National Bank together account for 50% 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 (25% market share) and a median loan of $50,000.
  • Jewelry Stores 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 2023-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Jewelry Stores in Virginia

#LenderApprovalsMedian Size
12$50,000
21$50,000
31$150,000
41$550,100
51$674,800
61$5,000
71$350,000

Recent SBA 7(a) approvals for Jewelry Stores in Virginia

MonthLenderBorrowerAmount
2023-04BayFirst National BankGOL*****NC.$150,000
2022-08Cadence BankAde*****LLC$350,000
2022-05Wells Fargo Bank National AssociationJON*****IES$5,000
2022-04Manufacturers and Traders Trust CompanyDAR*****LLC$75,000
2022-04Manufacturers and Traders Trust CompanyDAR*****LLC$25,000
2021-05TowneBankCou*****LLC$674,800
2021-02Citizens BankMes*****ted$550,100
2020-08TD Bank, National AssociationKIN*****LLC$50,000

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

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