Small business loans in Sterling, VA
Short answer
The most active SBA lenders in Sterling, VA since FY2024 are TD Bank (10 loans) and M&T Bank (7). The median loan was $283,600, and half fell between $150,000 and $634,225. For free help, see the Virginia SBDC Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 72
- approved since FY2024
- $47.21M
- median loan
- $283,600
- through SBA Express
- 29.2%
Lenders making SBA loans in Sterling
No lender made more than 14% of the loans in Sterling, and TD Bank made the most. The four largest lenders together made 39%.
| Lender | Loans | Share |
|---|---|---|
| TD Bank | 10 | 13.9% |
| M&T Bank | 7 | 9.7% |
| The Huntington National Bank | 6 | 8.3% |
| Potomac Bank | 5 | 6.9% |
Share is the percent of all Sterling loans in that period. Each name links to that lender's page for Virginia where one exists.
Sterling has four lenders with five or more loans since FY2024. Others had fewer, and the Virginia page counts 174 lenders with at least one approved loan statewide.
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Local help near Sterling
Sterling borrowers can start with SBA's district offices for Virginia, an SBDC or SCORE.
35% of Sterling borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA runs two district offices that cover Virginia. Each page points to state and federal resources and to lenders in its area. The Virginia SBDC Network gives free counseling across Virginia.
- SBA Virginia District OfficeSBA district office
- SBA Washington Metropolitan Area District OfficeSBA district office
- Virginia SBDC NetworkSmall Business Development Center
- SCORE mentors in VirginiaBusiness mentoring
Alongside SBA loans, Virginia runs four loan programs. The Virginia page describes each, and the official pages are linked here.
Loan counts and sizes in Sterling
Sterling ranks 9th by loans since FY2024 among the 15 Virginia cities with 100 or more SBA loans since FY2020. Nationally it is the 343rd busiest of the 580 cities that reach 100 loans.
The 72 loans, 2.4% of the 2,948 in Virginia, were approved for $47.2 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $283,600, 89% above the national median of $150,300. Half of the loans fell between $150,000 and $634,225. The Sterling median is 42% above the Virginia median of $200,000.
| Measure | Sterling | Virginia | U.S. |
|---|---|---|---|
| Loans | 72 | 2,948 | 162,355 |
| Median loan | $283,600 | $200,000 | $150,300 |
| 25th percentile | $150,000 | $80,000 | $50,000 |
| 75th percentile | $634,225 | $500,000 | $500,000 |
| Via SBA Express | 29.2% | 30.0% | 35.8% |
| Lines of credit | 25.0% | 22.4% | 28.1% |
| Startups | 25.0% | 23.2% | 16.1% |
| Ownership changes | 11.1% | 10.1% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | Fewer than 5 | 3.6% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
72% of the loans were $500,000 or less, the size SBA Express covers. 29.2% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 25.0% of loans, below the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 54.2% of loans went to businesses more than two years old and 9.7% to businesses two years old or younger. Startups received 25.0% and changes of ownership 11.1%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume held steady from FY2024 (29 loans) to FY2025 (28), the two latest full years. The busiest full year in the file was FY2024, with 29 loans. FY2026 already shows 15 loans through June 30.
Of the 48 loans Sterling borrowers received in FY2020 to FY2022, fewer than 5 were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. Lenders reported 1,451 jobs supported across the 72 loans since FY2024, about 20.2 per loan. SBA does not audit these estimates.
What businesses in Sterling borrow for
Full-Service Restaurants was the largest borrower group in Sterling since FY2020, with 8 loans or 5.7% of the total.
The five largest industries made up 21% of all Sterling loans since FY2020.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Full-Service Restaurants | 8 | 5.7% | 4.6% |
| Residential Remodelers | 7 | 5.0% | 2.3% |
| Beauty Salons | 5 | 3.5% | 1.5% |
| Interior Design Services | 5 | 3.5% | 0.4% |
| Limited-Service Restaurants | 5 | 3.5% | 3.3% |
Share is the percent of all Sterling loans in that period. Industry is the NAICS code on each loan. A name links to the Virginia page for that industry where one exists.
A typical loan payment in Sterling
The median Sterling loan was $283,600 with a median term of 10 years.
The median variable-rate loan in Sterling was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $283,600 over 10 years, principal and interest would come to about $3,709 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $150,000 | $1,962 |
| Median loan | $283,600 | $3,709 |
| 75th percentile loan | $634,225 | $8,294 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $283,600 is Prime plus 4.5 percentage points, or 11.50% today. The median variable-rate loan here was priced 1.8 points under that ceiling. Source: 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Sterling loans approved since FY2024 had a median starting rate of 10.62% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $300,000 loan and SBA Express payment calculator.
SBA 504 loans near Sterling
Sterling has 7 SBA 504 loans since FY2024, with $3.4 million in SBA and CDC dollars.
The median 504 loan in Sterling was $440,000 in SBA and CDC dollars, 9% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.
Business Finance Group, Inc. is the one Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on five or more loans, 16 since FY2020.
| Certified Development Company | 504 loans |
|---|---|
| Business Finance Group, Inc. | 16 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Virginia cities near Sterling
Sterling made up 2.4% of Virginia's SBA loans since FY2024.
Sterling is one of 15 Virginia cities with 100 or more SBA loans since FY2020. The Virginia page covers all 2,948 loans in Virginia. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Sterling
Which lenders make the most SBA loans in Sterling?
TD Bank leads with 10 loans in Sterling since FY2024. M&T Bank (7) and The Huntington National Bank (6) follow. Only lenders with five or more Sterling loans are counted.
Which industries get SBA loans in Sterling?
Full-Service Restaurants leads with 8 loans in Sterling since FY2020. Residential Remodelers (7) and Beauty Salons (5) follow.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA Virginia District Office
- SBA Washington Metropolitan Area District Office
- Virginia SBDC Network
- SCORE, Virginia
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Sterling, VA. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/virginia-small-business-loans/sterling/
Ask lending partners about a loan in Sterling
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.