Best SBA Lenders in Hampton, VA (2026)
2025 FOIA data: top lenders, rates & industries for Hampton SBA loans
SBA Loans in Hampton, Virginia
Looking for an SBA loan in Hampton, Virginia? Based on 2025 FOIA data, 14 SBA 7(a) loans were funded in Hampton totaling $14.9M, supporting an estimated 125 jobs. With 12 active lenders competing for business in the Hampton market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Hampton is $1.1M at an average rate of 10.26%. The top lender in Hampton is Enterprise Bank & Trust, with the most-funded industry being Hotels (except Casino Hotels) and Motels. See all Virginia SBA lenders for statewide rankings.
SBA Loans in Hampton by Business Type
Whether you’re starting a new business in Hampton, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 6% of SBA loans in Hampton (2 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 6% (1 loans) — if you’re looking to buy a business in Hampton, this is a proven use case for SBA financing. Existing businesses make up 30% and typically receive the most favorable terms.
Top SBA Lenders in Hampton, VA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Hampton businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Enterprise Bank & Trust | $5.0M | 1 | 8.25% |
| 2 | Harvest Small Business Finance, LLC | $3.6M | 2 | 10% |
| 3 | First Internet Bank of Indiana | $3.0M | 1 | 9.75% |
| 4 | Bank of America, National Association | $945K | 1 | 6.94% |
| 5 | First Bank of the Lake | $685K | 1 | 9.75% |
| 6 | Customers Bank | $531K | 1 | 8.75% |
| 7 | Live Oak Banking Company | $475K | 1 | 10.5% |
| 8 | Northeast Bank | $215K | 2 | 12.25% |
| 9 | BayFirst National Bank | $150K | 1 | 12.25% |
| 10 | United Midwest Savings Bank National Association | $150K | 1 | 10.25% |
The top lenders in Hampton have direct experience with local businesses and understand the Hampton 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 Hampton 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 Hampton
One 5-minute application. 12+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Hampton
These are the industries that received the most SBA 7(a) funding in Hampton 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 |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 1 | $5.0M |
| Other Personal Care Services | 1 | $3.0M |
| All Other Personal Services | 1 | $2.9M |
| Testing Laboratories | 1 | $945K |
| Other Miscellaneous Durable Goods Merchant Wholesalers | 1 | $692K |
| Fitness and Recreational Sports Centers | 1 | $685K |
| Child Day Care Services | 1 | $531K |
| All Other Specialty Trade Contractors | 1 | $475K |
| Fabricated Structural Metal Manufacturing | 1 | $150K |
| Other Individual and Family Services | 1 | $150K |
Lenders with experience funding your specific industry in Hampton 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 Hampton
Option 1: Apply directly to one of the top Hampton 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 Hampton-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
How many SBA loans were funded in Hampton in 2025?
Can I get an SBA loan to start a business in Hampton?
Who is the top SBA lender in Hampton?
What is the average SBA loan rate in Hampton?
Ready to Apply for an SBA Loan in Hampton?
50+ lenders competing for your deal. Better rates, faster closing. No fees.
Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
