SBA Loans in Covington, VA

Explore recent SBA 7(a) and 504 lending activity in Covington. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans

all programs

Approved $

$9.4M

last 24 months

Avg loan

$409K

median $245K

Active lenders

approved here

Jobs supported

213

cumulative

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COVINGTON · 23 LOANS

Top lenders in Covington

Primis Bank

Truist Bank

Wells Fargo Bank National Association

Business Finance Group, Inc.

Business Loan Center, LLC

GBank

Top industries in Covington

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Electrical Contractors

Gasoline Stations with Convenience Stores

Hotels (except Casino Hotels) and Motels

"General Freight Trucking, Long-Distance, Truckload"

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Loan records · Covington, VA

23 records

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Borrower

Location

Program

Industry

SUNRISE COVINGTON INC GBank

Covington, VA

24426

$1,500,000

$94K

7(a)

Hotels (except Casino Hotels) and Motels

2019-03-25

COVINGTON LODGING GROUP, LLC GBank

Covington, VA

24426

$1,330,000

$102K

7(a)

Hotels (except Casino Hotels) and Motels

2024-09-17

H & M Electric & Construction, Inc.Wells Fargo Bank National Association

Covington, VA

24426

$1,157,200

$27K

7(a)

Electrical Contractors

2014-02-04

HOLIDAY INN EXPRESS Business Finance Group, Inc.

Covington, VA

24426

$1,000,000

$67K

504

—

1997-09-30

TANGLEWOOD HOME FOR ADULTS INC Wells Fargo Bank National Association

Covington, VA

24426

$835,000

—

7(a)

—

1992-01-24

VALERO MART Business Loan Center, LLC

Covington, VA

24426

$760,000

$69K

7(a)

Gasoline Stations with Convenience Stores

2005-09-23

DOWNER HARDWARE Business Loan Center, LLC

Covington, VA

24426

$623,000

—

7(a)

—

1996-12-26

ARRITT FUNERAL HOME, INC.Business Finance Group, Inc.

Covington, VA

24426

$599,000

$300K

504

—

1997-07-16

The Apple Tree LLC Peoples Bank

Covington, VA

24426

$287,000

$48K

7(a)

Gasoline Stations with Convenience Stores

2018-07-25

COVINGTON CHIROPRACTIC, INC.Readycap Lending, LLC

Covington, VA

24426

$227,200

$114K

7(a)

Offices of Chiropractors

2003-06-06

Clark Brothers Welding LLC Primis Bank

Covington, VA

24426

$210,000

$105K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2008-02-15

The Shoe Box and Sports Center Primis Bank

Covington, VA

24426

$191,100

$32K

7(a)

Shoe Stores

2008-06-17

Covington Farm & Fuel LLC Northeast Bank

Covington, VA

24426

$125,000

$25K

7(a)

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

2018-09-19

Curve Construction LLC Independence Bank

Covington, VA

24426

$125,000

$5K

7(a)

"Highway, Street, and Bridge Construction"

2017-12-12

JOHN LEWIS, DO, FAMILY PRACTIC Truist Bank

Covington, VA

24426

$100,000

—

7(a)

Offices of Physicians (except Mental Health Specialists)

2001-04-27

Clark Brothers Welding LLC Primis Bank

Covington, VA

24426

$96,000

$7K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2013-06-18

JACKSON RIVER VETERINARY CLINIC Truist Bank

Covington, VA

24426

$50,000

$10K

7(a)

Veterinary Services

2010-08-26

H & M Electric & Construction, Inc.Wells Fargo Bank National Association

Covington, VA

24426

$50,000

$1K

7(a)

Electrical Contractors

2014-02-04

HIGHLAND GLASS & HOME IMPROVEMENT, LLC Atlantic Union Bank

Covington, VA

24426

$50,000

—

7(a)

Glass and Glazing Contractors

2017-03-14

Donald Crosier Truist Bank

Covington, VA

24426

$30,000

$30K

7(a)

"General Freight Trucking, Long-Distance, Truckload"

2005-07-21

Clark Brothers Welding LLC Primis Bank

Covington, VA

24448

$25,000

$25K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2009-09-10

K.C. FASHIONS, INC.City National Bank of West Virginia

Covington, VA

24426

$25,000

—

7(a)

Family Clothing Stores

1998-05-12

On Da Go Medical Bank of America, National Association

Covington, VA

24426

$10,000

$5K

7(a)

All Other Miscellaneous Ambulatory Health Care Services

2006-09-14

SUNRISE COVINGTON INC

Covington, VA · 24426

$1,500,000

7(a)

GBank$94K/job · 2019-03-25

COVINGTON LODGING GROUP, LLC

Covington, VA · 24426

$1,330,000

7(a)

GBank$102K/job · 2024-09-17

H & M Electric & Construction, Inc.

Covington, VA · 24426

$1,157,200

7(a)

Wells Fargo Bank National Association$27K/job · 2014-02-04

HOLIDAY INN EXPRESS

Covington, VA · 24426

$1,000,000

504

Business Finance Group, Inc.$67K/job · 1997-09-30

TANGLEWOOD HOME FOR ADULTS INC

Covington, VA · 24426

$835,000

7(a)

Wells Fargo Bank National Association1992-01-24

VALERO MART

Covington, VA · 24426

$760,000

7(a)

Business Loan Center, LLC$69K/job · 2005-09-23

DOWNER HARDWARE

Covington, VA · 24426

$623,000

7(a)

Business Loan Center, LLC1996-12-26

ARRITT FUNERAL HOME, INC.

Covington, VA · 24426

$599,000

504

Business Finance Group, Inc.$300K/job · 1997-07-16

The Apple Tree LLC

Covington, VA · 24426

$287,000

7(a)

Peoples Bank$48K/job · 2018-07-25

COVINGTON CHIROPRACTIC, INC.

Covington, VA · 24426

$227,200

7(a)

Readycap Lending, LLC$114K/job · 2003-06-06

Clark Brothers Welding LLC

Covington, VA · 24426

$210,000

7(a)

Primis Bank$105K/job · 2008-02-15

The Shoe Box and Sports Center

Covington, VA · 24426

$191,100

7(a)

Primis Bank$32K/job · 2008-06-17

Covington Farm & Fuel LLC

Covington, VA · 24426

$125,000

7(a)

Northeast Bank$25K/job · 2018-09-19

Curve Construction LLC

Covington, VA · 24426

$125,000

7(a)

Independence Bank$5K/job · 2017-12-12

JOHN LEWIS, DO, FAMILY PRACTIC

Covington, VA · 24426

$100,000

7(a)

Truist Bank2001-04-27

Clark Brothers Welding LLC

Covington, VA · 24426

$96,000

7(a)

Primis Bank$7K/job · 2013-06-18

JACKSON RIVER VETERINARY CLINIC

Covington, VA · 24426

$50,000

7(a)

Truist Bank$10K/job · 2010-08-26

H & M Electric & Construction, Inc.

Covington, VA · 24426

$50,000

7(a)

Wells Fargo Bank National Association$1K/job · 2014-02-04

HIGHLAND GLASS & HOME IMPROVEMENT, LLC

Covington, VA · 24426

$50,000

7(a)

Atlantic Union Bank2017-03-14

Donald Crosier

Covington, VA · 24426

$30,000

7(a)

Truist Bank$30K/job · 2005-07-21

Clark Brothers Welding LLC

Covington, VA · 24448

$25,000

7(a)

Primis Bank$25K/job · 2009-09-10

K.C. FASHIONS, INC.

Covington, VA · 24426

$25,000

7(a)

City National Bank of West Virginia1998-05-12

On Da Go Medical

Covington, VA · 24426

$10,000

7(a)

Bank of America, National Association$5K/job · 2006-09-14

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