Atlantic Union Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Atlantic Union Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 136 | $119.3M | $877K | 8.2% |
| 624410 | Child Day Care Services | 96 | $91.8M | $957K | 5.8% |
| 722513 | Limited-Service Restaurants | 88 | $62.9M | $715K | 5.3% |
| 713990 | All Other Amusement and Recreation Industries | 64 | $61.0M | $953K | 3.8% |
| 812112 | Beauty Salons | 56 | $24.3M | $434K | 3.4% |
| 722511 | Full-Service Restaurants | 56 | $40.6M | $724K | 3.4% |
| 812910 | Pet Care (except Veterinary) Services | 40 | $45.3M | $1.1M | 2.4% |
| 811111 | General Automotive Repair | 40 | $31.7M | $793K | 2.4% |
| 541519 | Other Computer Related Services | 40 | $28.3M | $706K | 2.4% |
| 561740 | Carpet and Upholstery Cleaning Services | 40 | $33.5M | $837K | 2.4% |
Geographic Distribution
SBA lending activity for Atlantic Union Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Virginia (VA) | 832 | $586.9M | 50.0% |
| Maryland (MD) | 376 | $269.7M | 22.6% |
| North Carolina (NC) | 104 | $118.0M | 6.3% |
| Texas (TX) | 80 | $69.5M | 4.8% |
| New York (NY) | 16 | $41.2M | 1.0% |
| California (CA) | 32 | $33.7M | 1.9% |
| Georgia (GA) | 8 | $26.0M | 0.5% |
| District of Columbia (DC) | 48 | $23.3M | 2.9% |
| Colorado (CO) | 32 | $20.6M | 1.9% |
| Washington (WA) | 8 | $17.1M | 0.5% |
| Pennsylvania (PA) | 16 | $17.0M | 1.0% |
| Kansas (KS) | 16 | $14.0M | 1.0% |
| Iowa (IA) | 8 | $12.0M | 0.5% |
| Illinois (IL) | 8 | $9.5M | 0.5% |
| Kentucky (KY) | 16 | $9.5M | 1.0% |
| Arkansas (AR) | 8 | $6.4M | 0.5% |
| Massachusetts (MA) | 8 | $4.5M | 0.5% |
| Florida (FL) | 8 | $4.3M | 0.5% |
| New Jersey (NJ) | 8 | $4.0M | 0.5% |
| Connecticut (CT) | 8 | $3.1M | 0.5% |
| Missouri (MO) | 8 | $3.1M | 0.5% |
| Louisiana (LA) | 8 | $2.6M | 0.5% |
| Wisconsin (WI) | 8 | $2.1M | 0.5% |
Why Choose Atlantic Union Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,664 SBA loans approved, totaling $1.30B in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, Child Day Care Services, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 8.23% with flexible term lengths averaging 128 months
- ✓Loan Range: Loan sizes from $24K to $5.0M, with an average of $780K
- ✓Nationwide Reach: Active lending in 23 states, with strong presence in VA, MD, NC
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Atlantic Union Bank SBA lending
What types of businesses does Atlantic Union Bank typically finance?
Atlantic Union Bank specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, child day care services, limited-service restaurants, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Atlantic Union Bank's typical SBA loan terms?
Atlantic Union Bank's SBA 7(a) loans typically feature an average interest rate of 8.23% and average term length of 128 months (approximately 11 years). Loan sizes range from $24K to $5.0M, with an average loan size of $780K.
Do I need a business valuation for a Atlantic Union Bank SBA loan?
Yes, Atlantic Union Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Atlantic Union Bank compare to other SBA lenders?
Atlantic Union Bank has originated 1,664 SBA loans totaling $1.30B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Atlantic Union Bank lend in?
Atlantic Union Bank provides SBA 7(a) financing with particularly strong presence in VA, MD, NC, TX, DC. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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