Best SBA Lenders in Fairfax, VA (2026)
2025 FOIA data: top lenders, rates & industries for Fairfax SBA loans
SBA Loans in Fairfax, Virginia
Looking for an SBA loan in Fairfax, Virginia? Based on 2025 FOIA data, 57 SBA 7(a) loans were funded in Fairfax totaling $22.6M, supporting an estimated 846 jobs. With 21 active lenders competing for business in the Fairfax market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Fairfax is $397K at an average rate of 10.77%. The top lender in Fairfax is Newtek Bank, National Association, with the most-funded industry being All Other Specialty Trade Contractors. See all Virginia SBA lenders for statewide rankings.
SBA Loans in Fairfax by Business Type
Whether you’re starting a new business in Fairfax, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 9% of SBA loans in Fairfax (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 11% (6 loans) — if you’re looking to buy a business in Fairfax, this is a proven use case for SBA financing. Existing businesses make up 60% and typically receive the most favorable terms.
Top SBA Lenders in Fairfax, VA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Fairfax businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Newtek Bank, National Association | $7.4M | 5 | 10.6% |
| 2 | The Huntington National Bank | $2.7M | 6 | 9.83% |
| 3 | Hanmi Bank | $1.7M | 1 | 9.25% |
| 4 | Northeast Bank | $1.3M | 4 | 10.31% |
| 5 | Manufacturers and Traders Trust Company | $1.2M | 9 | 11.25% |
| 6 | Meridian Bank | $915K | 2 | 10.25% |
| 7 | Woori America Bank | $850K | 1 | 10% |
| 8 | TD Bank, National Association | $830K | 6 | 10.26% |
| 9 | Live Oak Banking Company | $794K | 4 | 10.99% |
| 10 | Bank of America, National Association | $716K | 2 | 8.4% |
The top lenders in Fairfax have direct experience with local businesses and understand the Fairfax market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Fairfax and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Fairfax
One 5-minute application. 21+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Fairfax
These are the industries that received the most SBA 7(a) funding in Fairfax in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| All Other Specialty Trade Contractors | 3 | $6.4M |
| Full-Service Restaurants | 6 | $2.7M |
| Other Services to Buildings and Dwellings | 1 | $1.6M |
| Offices of Certified Public Accountants | 3 | $1.2M |
| Beauty Salons | 4 | $1.1M |
| Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $1.1M |
| Limited-Service Restaurants | 3 | $956K |
| Appliance Repair and Maintenance | 2 | $654K |
| Residential Property Managers | 2 | $600K |
| Other Computer Related Services | 3 | $577K |
Lenders with experience funding your specific industry in Fairfax understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Fairfax
Option 1: Apply directly to one of the top Fairfax lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Fairfax-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
