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The Lender Report built this page from public records. TowneBank has not reviewed it. Every lender's page starts this way, and it says nothing about TowneBank itself. Each figure shows its source and date. Work at TowneBank? You can claim this page for free.
SBA 504 record
TowneBank: SBA 504 first liens made
TowneBank, a bank based in Portsmouth, VA, made 56 SBA 504 first liens in the 36 months ending September 30, 2026, $65.7M in all, net of cancelled approvals. The typical first lien was about $1M, and 31 were in the last 12 months. Most were in Virginia.
- Evidence
- SBA 504 loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 11, 2026
- First liens, 36 months
- 56
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $65.7M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $1M
- SBA FOIA,
- Largest loan
- $4.8M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 31
- SBA FOIA,
Cite this
Source: The Lender Report, TowneBank: SBA 504 first liens made, https://lender.report/lender/townebank-va/sba-504/, 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 |
|---|---|---|---|---|---|---|---|
| May 2026 | California | SBA 504, Gasoline Stations with Convenience Stores | $4.8M | 25 yr | SBA FOIA | ||
| May 2026 | Virginia | SBA 504, Administrative and Support and Waste Management and Remediation Services | $640K | 25 yr | SBA FOIA | ||
| Apr 2026 | New Jersey | SBA 504, Wholesale Trade | $1.3M | 25 yr | SBA FOIA | ||
| Apr 2026 | North Carolina | SBA 504, Other Services (except Public Administration) | $190K | 25 yr | SBA FOIA | ||
| Mar 2026 | North Carolina | SBA 504, Transportation and Warehousing | $760K | 25 yr | SBA FOIA | ||
| Mar 2026 | New Jersey | SBA 504, All Other Professional, Scientific, and Technical Services | $720K | 25 yr | SBA FOIA | ||
| Mar 2026 | North Carolina | SBA 504, Administrative and Support and Waste Management and Remediation Services | $670K | 25 yr | SBA FOIA | ||
| Feb 2026 | Virginia | SBA 504, Information | $550K | 25 yr | SBA FOIA | ||
| Jan 2026 | Florida | SBA 504, Accommodation and Food Services | $1.5M | 25 yr | SBA FOIA | ||
| Jan 2026 | Virginia | SBA 504, Other Services (except Public Administration) | $410K | 25 yr | SBA FOIA | ||
| Jan 2026 | Virginia | SBA 504, Construction | $90K | 25 yr | SBA FOIA | ||
| Dec 2025 | Virginia | SBA 504, All Other Specialty Trade Contractors | $88K | 25 yr | SBA FOIA | ||
| Nov 2025 | Virginia | SBA 504, All Other Specialty Trade Contractors | $1.6M | 25 yr | SBA FOIA | ||
| Nov 2025 | Virginia | SBA 504, Wholesale Trade | $420K | 25 yr | SBA FOIA | ||
| Aug 2025 | South Carolina | SBA 504, Retail Trade | $2.6M | 25 yr | SBA FOIA | ||
| Jul 2025 | Virginia | SBA 504, Real Estate and Rental and Leasing | $370K | 25 yr | SBA FOIA | ||
| Jun 2025 | Nevada | SBA 504, Manufacturing | $1.8M | 25 yr | SBA FOIA | ||
| May 2025 | Virginia | SBA 504, Construction | $1.3M | 25 yr | SBA FOIA | ||
| Apr 2025 | North Carolina | SBA 504, Administrative and Support and Waste Management and Remediation Services | $2.5M | 25 yr | SBA FOIA | ||
| Apr 2025 | North Carolina | SBA 504, Professional, Scientific, and Technical Services | $1.9M | 25 yr | SBA FOIA | ||
| Mar 2025 | Texas | SBA 504, Full-Service Restaurants | $1.5M | 25 yr | SBA FOIA | ||
| Mar 2025 | New York | SBA 504, Retail Trade | $720K | 25 yr | SBA FOIA | ||
| Mar 2025 | Virginia | SBA 504, Retail Trade | $460K | 25 yr | SBA FOIA | ||
| Mar 2025 | Virginia | SBA 504, Manufacturing | $450K | 25 yr | SBA FOIA | ||
| Feb 2025 | North Carolina | SBA 504, Professional, Scientific, and Technical Services | $190K | 25 yr | SBA FOIA | ||
| 56 SBA 504 first liens since October 2023, net of cancelled | $65.7M | SBA FOIA | |||||
A blank means the source did not report it.
| State | First liens | Dollars |
|---|---|---|
| Virginia | 23 | $16.3M |
| North Carolina | 16 | $20.5M |
| Florida | 5 | $8.08M |
| South Carolina | 4 | $7.10M |
| New Jersey | 2 | $2.02M |
| Texas | 2 | $2.80M |
| California | 1 | $4.80M |
| Connecticut | 1 | $1.60M |
| Nevada | 1 | $1.80M |
| New York | 1 | $720K |
SBA loans are on record by state only.
| Loan size | First liens | Dollars |
|---|---|---|
| Under $150K | 3 | $253K |
| $150K to $350K | 3 | $540K |
| $350K to $1M | 21 | $12.0M |
| $1M to $2.5M | 25 | $38.2M |
| $2.5M or more | 4 | $14.7M |
| Quarter | First liens | Dollars |
|---|---|---|
| 2023 Q4 | 4 | $5.72M |
| 2024 Q1 | 7 | $7.43M |
| 2024 Q2 | 4 | $4.91M |
| 2024 Q3 | 5 | $5.19M |
| 2024 Q4 | 7 | $7.77M |
| 2025 Q1 | 9 | $10.4M |
| 2025 Q2 | 4 | $7.50M |
| 2025 Q3 | 2 | $2.97M |
| 2025 Q4 | 3 | $2.11M |
| 2026 Q1 | 7 | $4.70M |
| 2026 Q2 | 4 | $6.93M |
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) | First liens |
|---|---|
| Construction | 7 |
| Administrative and Support and Waste Management and Remediation Services | 5 |
| All Other Professional, Scientific, and Technical Services (541990) | 4 |
| Accommodation and Food Services | 3 |
| All Other Specialty Trade Contractors (238990) | 3 |
| Full-Service Restaurants (722511) | 3 |
| Manufacturing | 3 |
| Child Care Services (624410) | 2 |
| Other Services (except Public Administration) | 2 |
| Professional, Scientific, and Technical Services | 2 |
| Real Estate and Rental and Leasing | 2 |
| Retail Trade | 2 |
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 |
|---|---|
| Accredited Lenders Program | 39 |
| 504 Refinancing Program | 7 |
| 504 Basic | 5 |
| ALP Express | 5 |
| Certified Development Company | Projects |
|---|---|
| 504 Capital Corporation | 16 |
| Business Expansion Funding Corporation | 12 |
| Business Finance Group, Inc. | 10 |
| Provident Business Financial Services, Inc. | 3 |
| Trenton Business Assistance Corporation | 3 |
| Capital Certified Development Corporation | 2 |
| Florida Business Development Corporation | 2 |
| Florida First Capital Finance Corporation, Inc. | 2 |
| Appalachian Development Corporation | 1 |
| Carolina Business Capital, Inc. | 1 |
- TowneBank made 56 SBA 504 first liens totaling $65.7M in the 36 months ending September 30, 2026, net of cancelled approvals, in 10 states. SBA FOIA,
- The SBA file shows 31 approvals naming TowneBank as first-lien lender dated in the 12 months to September 30, 2026, and 28 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
- The typical first lien was about $1M, with the middle half between $470K and $1.5M. SBA FOIA,
- The largest was about $4.8M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 3 loans were under $150K, and 29 were $1M or more. SBA FOIA,
- The median term was 25 years. SBA FOIA,
- Its loans went most often to Construction, with 7. SBA FOIA,
- The SBA file lists 39 of its loans as processed under Accredited Lenders Program. SBA FOIA,
- It worked with 14 Certified Development Companies, most often 504 Capital Corporation. SBA FOIA,
- Its loans were most often in Virginia (23), North Carolina (16) and Florida (5). SBA FOIA,
What we don't know
- Whether TowneBank is taking new SBA 504 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.
SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.
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.