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SBA 7(a) record
Select Bank: SBA 7(a) loans made
Select Bank, a bank based in Forest, VA, made 38 SBA 7(a) loans in the 36 months ending September 30, 2026, $15.1M in all, net of cancelled approvals. The typical loan was about $230K, and 14 were in the last 12 months. Most were in Virginia.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 38
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $15.1M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $230K
- SBA FOIA,
- Largest loan
- $4.8M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 14
- SBA FOIA,
Cite this
Source: The Lender Report, Select Bank: SBA 7(a) loans made, https://lender.report/lender/select-bank-va/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | South Carolina | SBA 7(a), Other Services (except Public Administration) | $260K | 8.5% | 10 yr | SBA FOIA | |
| Sep 2026 | North Carolina | SBA 7(a), Vending Machine Operators | $120K | 9% | 10 yr | SBA FOIA | |
| Aug 2026 | Virginia | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $50K | 8.75% | 10 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), Gasoline Stations with Convenience Stores | $930K | 7.25% | 25 yr | SBA FOIA | |
| May 2026 | Virginia | SBA 7(a), All Other Specialty Trade Contractors | $680K | 7.75% | 25 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), All Other Specialty Trade Contractors | $640K | 7.75% | 25 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), Full-Service Restaurants | $300K | 8.25% | 10 yr | SBA FOIA | |
| May 2026 | North Carolina | SBA 7(a), Professional, Scientific, and Technical Services | $150K | 8.5% | 10 yr | SBA FOIA | |
| Apr 2026 | Virginia | SBA 7(a), Offices of Mental Health Practitioners (except Physicians) | $400K | 7.5% | 25 yr | SBA FOIA | |
| Mar 2026 | North Carolina | SBA 7(a), Pharmacies and Drug Retailers | $400K | 8.25% | 10 yr | SBA FOIA | |
| Mar 2026 | Virginia | SBA 7(a), Health Care and Social Assistance | $250K | 8.25% | 10 yr | SBA FOIA | |
| Dec 2025 | Virginia | SBA 7(a), Assisted Living Facilities for the Elderly | $270K | 9.25% | 10 yr | SBA FOIA | |
| Nov 2025 | Virginia | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $100K | 8.5% | 7 yr | SBA FOIA | |
| Nov 2025 | Virginia | SBA 7(a), Full-Service Restaurants | $93K | 10% | 10 yr | SBA FOIA | |
| Aug 2025 | Virginia | SBA 7(a), Manufacturing | $810K | 9.25% | 10 yr | SBA FOIA | |
| Aug 2025 | Virginia | SBA 7(a), Limited-Service Restaurants | $280K | 9.5% | 10 yr | SBA FOIA | |
| Aug 2025 | North Carolina | SBA 7(a), Medical Laboratories | $75K | 9.25% | 10 yr | SBA FOIA | |
| Jul 2025 | Virginia | SBA 7(a), Assisted Living Facilities for the Elderly | $4.8M | 8.25% | 25 yr | SBA FOIA | |
| Jul 2025 | North Carolina | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $350K | 8.75% | 10 yr | SBA FOIA | |
| Jul 2025 | Virginia | SBA 7(a), Convenience Retailers | $150K | 9.75% | 10 yr | SBA FOIA | |
| Apr 2025 | North Carolina | SBA 7(a), Medical Laboratories | $170K | 8.75% | 10 yr | SBA FOIA | |
| Apr 2025 | North Carolina | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $140K | 10.25% | 10 yr | SBA FOIA | |
| Feb 2025 | Virginia | SBA 7(a), Real Estate and Rental and Leasing | $940K | 9% | 10 yr | SBA FOIA | |
| Dec 2024 | Virginia | SBA 7(a), Car Washes | $340K | 9% | 25 yr | SBA FOIA | |
| Dec 2024 | Virginia | SBA 7(a), Offices of Physicians (except Mental Health Specialists) | $150K | 9.75% | 10 yr | SBA FOIA | |
| 38 SBA 7(a) loans since October 2023, net of cancelled | $15.1M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Virginia | 27 | $11.6M |
| North Carolina | 10 | $3.27M |
| South Carolina | 1 | $260K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 11 | $1.05M |
| $150K to $350K | 17 | $3.76M |
| $350K to $1M | 9 | $5.50M |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 1 | $4.80M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 1 | $150K |
| 2024 Q1 | 2 | $337K |
| 2024 Q2 | 4 | $960K |
| 2024 Q3 | 3 | $315K |
| 2024 Q4 | 5 | $992K |
| 2025 Q1 | 1 | $940K |
| 2025 Q2 | 2 | $310K |
| 2025 Q3 | 6 | $6.46M |
| 2025 Q4 | 3 | $463K |
| 2026 Q1 | 2 | $650K |
| 2026 Q2 | 6 | $3.10M |
| 2026 Q3 | 3 | $430K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| All Other Miscellaneous Fabricated Metal Product Manufacturing (332999) | 4 |
| Administrative and Support and Waste Management and Remediation Services | 3 |
| Full-Service Restaurants (722511) | 3 |
| All Other Specialty Trade Contractors (238990) | 2 |
| Assisted Living Facilities for the Elderly (623312) | 2 |
| Medical Laboratories (621511) | 2 |
| Offices of Physicians (except Mental Health Specialists) (621111) | 2 |
| Real Estate and Rental and Leasing | 2 |
| Wholesale Trade | 2 |
| Beauty Salons (812112) | 1 |
| Car Washes (811192) | 1 |
| Convenience Retailers (445131) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 23 |
| 7a General | 13 |
| SBA Express Program | 2 |
- Select Bank made 38 SBA 7(a) loans totaling $15.1M in the 36 months ending September 30, 2026, net of cancelled approvals, in 3 states. SBA FOIA,
- 14 of them were in the 12 months to September 30, 2026, and 14 in the 12 months before. SBA FOIA,
- The typical loan was about $230K, with the middle half between $140K and $350K. SBA FOIA,
- The largest was about $4.8M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 11 loans were under $150K, and 1 was $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.00% on 38 loans, with the middle half between 8.50% and 10.00%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to All Other Miscellaneous Fabricated Metal Product Manufacturing, with 4. SBA FOIA,
- The SBA file lists 23 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in Virginia (27), North Carolina (10) and South Carolina (1). SBA FOIA,
What we don't know
- Whether Select Bank is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.