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Lender record

TowneBank

The real lending record — every figure from funded deals. HQ: 5716 High St W, Portsmouth, VA. 93 branches.

1,239

Recent deals (FY20+)

$600K

Typical deal

27 days

Approval → funding

0.9%

Failure rate (FY20–23)

Where TowneBank lends

Deals TowneBank funded — list all 500 as text

Deal profile

Most TowneBank deals land between $200K and $1.2M — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Full-Service Restaurants (88)
  2. 2.Limited-Service Restaurants (69)
  3. 3.Breweries (52)
  4. 4.Snack and Nonalcoholic Beverage Bars (52)
  5. 5.Fitness and Recreational Sports Centers (41)
  6. 6.Pet Care (except Veterinary) Services (29)
  7. 7.Plumbing, Heating, and Air-Conditioning Contractors (26)
  8. 8.Electrical Contractors and Other Wiring Installation Contrac (23)

Most active states

  1. 1.North Carolina (277 deals)
  2. 2.Florida (200 deals)
  3. 3.Texas (110 deals)
  4. 4.Virginia (92 deals)
  5. 5.California (57 deals)
  6. 6.Georgia (46 deals)
  7. 7.New Jersey (44 deals)
  8. 8.New York (42 deals)
  9. 9.South Carolina (42 deals)
  10. 10.Michigan (30 deals)

Can TowneBank fund you? The bank behind the loans

Total assets

$22.4B

13.6% vs prior quarter

Deposits on hand

$18.6B

12% vs prior quarter

Loans outstanding

$15.2B

14.2% vs prior quarter

Net income (latest qtr)

$41.0M

  • An active SBA program (~0.7% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes TowneBank more SBA-focused than 71% of the banks on our record.
  • Deposits grew last quarter — more raw lending capacity than the quarter before.
  • Return on assets of 0.78% — under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a TowneBank branch (83)

TownebankMain office5716 High St WPortsmouth, VA 23703 · since 1999

Moyock Branch250 Caratoke HwyMoyock, NC 27958 · since 1920

Village Branch7013 Three Chopt RdRichmond, VA 23226 · since 1933

Mechanicsville Branch7279 Bell Creek RdMechanicsville, VA 23111 · since 1933

Nine Mile Road Branch5100 Nine Mile RdRichmond, VA 23223 · since 1933

Innsbrook Branch4501 Cox RdGlen Allen, VA 23060 · since 1933

Bank Of Westminster-West Branch306 E Windsor StWestminster, SC 29693 · since 1935

Downtown Hampton Branch101 E Queen StHampton, VA 23669 · since 1971

Grandy Branch6670 Caratoke HwyGrandy, NC 27939 · since 1973

Executive Towers Branch2101 Executive DrHampton, VA 23666 · since 1973

Woodland Road Branch347 Woodland RdHampton, VA 23669 · since 1974

Camden Branch178 Us Highway 158 WCamden, NC 27921 · since 1977

Professional Park Branch11751 Jefferson AveNewport News, VA 23606 · since 1985

Seneca Branch1600 Sandifer BlvdSeneca, SC 29678 · since 1992

Stony Point Branch9000 W Huguenot RdRichmond, VA 23235 · since 1993

Smithfield Branch1119 S Church StSmithfield, VA 23430 · since 1994

Oyster Point Branch1 Old Oyster Point RdNewport News, VA 23602 · since 1996

Chesterfield Branch9961 Iron Bridge RdChesterfield, VA 23832 · since 1997

Oyster Point Financial Center Branch11780 Jefferson AveNewport News, VA 23606 · since 1998 · limited service

Warwick Branch11001 Warwick BlvdNewport News, VA 23601 · since 1998

Anderson Branch4002 Clemson BlvdAnderson, SC 29621 · since 1999

Greenbrier Branch1312 Greenbrier PkwyChesapeake, VA 23320 · since 1999

First Colonial Branch984 First Colonial RdVirginia Beach, VA 23454 · since 1999

Glenwood Branch3535 Glenwood AveRaleigh, NC 27612 · since 1999

Portsmouth Boulevard Branch6201 Portsmouth BlvdPortsmouth, VA 23701 · since 2000

Williamston Branch208 E Main StWilliamston, SC 29697 · since 2000

Town Center Branch297 Constitution DrVirginia Beach, VA 23462 · since 2000

Pavilion Center Ii Branch600 22nd StVirginia Beach, VA 23451 · since 2001

Lakeside Branch1008 W Washington StSuffolk, VA 23434 · since 2002

Winterpock Branch6736 Southshore DrMidlothian, VA 23112 · since 2003

York Branch6515 George Washington Mem HwyYorktown, VA 23692 · since 2003

Great Bridge Branch137 Mount Pleasant RdChesapeake, VA 23322 · since 2003

Member Service Center6001 Harbour View BlvdSuffolk, VA 23435 · since 2003 · limited service

Hillpoint Branch3100 Godwin BlvdSuffolk, VA 23434 · since 2004

Olde Towne Branch200 High StPortsmouth, VA 23704 · since 2005

Messenger Service5039 Executive DrMorehead City, NC 28557 · since 2005 · limited service

Norfolk Branch109 E Main StNorfolk, VA 23510 · since 2005

Messenger Service3685 Blue Ridge BlvdWalhalla, SC 29691 · since 2005 · limited service

Southern Shores Branch2 Juniper TrlSouthern Shores, NC 27949 · since 2005

New Town Branch5216 Monticello AveWilliamsburg, VA 23188 · since 2006

North Seneca Branch449 Highway 123Seneca, SC 29678 · since 2006

South Creek Branch1793 Southcreek OnePowhatan, VA 23139 · since 2006

Rexford Branch2101 Rexford RdCharlotte, NC 28211 · since 2007

Harbor'S Edge Branch1 Colley AveNorfolk, VA 23510 · since 2007

Forest Park Branch1501 Santa Rosa RdRichmond, VA 23229 · since 2007

Mechanicsville Branch8051 Mechanicsville TpkeMechanicsville, VA 23111 · since 2008

Sliding Hill Branch10035 Sliding Hill RdAshland, VA 23005 · since 2008

Nags Head Branch2525 S Croatan HwyNags Head, NC 27959 · since 2009

Kingsmill Branch1510 Quarterpath RdWilliamsburg, VA 23185 · since 2009

Harbour View Financial Center Branch5806 Harbour View BlvdSuffolk, VA 23435 · since 2010

Princess Anne Branch2539 Princess Anne RdVirginia Beach, VA 23456 · since 2010

Westminister-Canterbury Branch3100 Shore DrVirginia Beach, VA 23451 · since 2013 · limited service

Courtland Branch28319 Southampton PkwyCourtland, VA 23837 · since 2013

Kempsville Branch5200 Providence RdVirginia Beach, VA 23464 · since 2013

Wards Corner Branch7500 Granby StNorfolk, VA 23505 · since 2014

Winterville North Carolina Branch4051 S Memorial DrWinterville, NC 28590 · since 2014

Cary Branch3791 Nw Cary PkwyCary, NC 27513 · since 2014

Ghent Branch1006 Colley AveNorfolk, VA 23507 · since 2015

Wilmington Branch1131 Military Cutoff RdWilmington, NC 28405 · since 2016

Gateway Branch800 E Canal StRichmond, VA 23219 · since 2016

Libbie Mill Branch4901 Libbie Mill East BlvdRichmond, VA 23230 · since 2017

Raleigh Branch8450 Falls Of Neuse RdRaleigh, NC 27615 · since 2018 · limited service

Greenville Branch1000 Red Banks RoadGreenville, NC 27858 · since 2019

Norfolk - World Trade Ctr Branch101 W Main StNorfolk, VA 23510 · since 2019 · limited service

Morehead City Branch5039 Executive DrMorehead City, NC 28557 · since 2019

Dallas Branch202 W Trade StDallas, NC 28034 · since 2020

Duck Branch1203 Duck RdDuck, NC 27949 · since 2020

Charlotte Branch5955 Carnegie BlvdCharlotte, NC 28209 · since 2020

Security Federal Bank Branch632 Elk AveElizabethton, TN 37643 · since 2021

Myers Park Branch150 Providence RdCharlotte, NC 28207 · since 2021

Sanford Branch2222 Jefferson Davis HwySanford, NC 27330 · since 2021

Ballantyne Branch13900 Conlan CirCharlotte, NC 28277 · since 2022

Fayetteville Branch225 Green StFayetteville, NC 28301 · since 2022

Windsor Branch50 E Windsor BlvdWindsor, VA 23487 · since 2023

Short Pump Office Branch11704 West Broad StreetRichmond, VA 23233 · since 2023

North Ridge Branch7100 Falls Of Neuse RoadRaleigh, NC 27615 · since 2023

Walhalla Branch3685 Blue Ridge BlvdWalhalla, SC 29691 · since 2024

Cary Downtown Branch100 Walnut StreetCary, NC 27511 · since 2024

Green Valley Road Branch628 Green Valley RoadGreensboro, NC 27408 · since 2024

Greenville Sc Branch942 S. Main StreetGreenville, SC 29605 · since 2024

Charleston Branch302 Wingo WayMount Pleasant, SC 29464 · since 2025

Village Bank Branch13531 Midlothian TpkeMidlothian, VA 23113 · since 2025

Six Forks Branch5401 Six Forks RdRaleigh, NC 27609 · since 2026

Scroll for all 83 branches · Branch data: FDIC BankFind.

Recent deals

  • JACKS Hospitality LLC in New Hill, NC$3.4M (2026) · purchase · All Other Personal Services
  • Slide Park Georgia LLC in Austell, GA$3.0M (2026) · Amusement and Theme Parks
  • Bishop North LLC in Camarillo, CA$2.8M (2026) · purchase · Offices of Certified Public Accountants
  • Pizza Results, LLC in Orlando, FL$2.6M (2026) · purchase · Computer and Computer Peripheral Equipment and Software Merc
  • K9JAX LLC in Jacksonville, FL$2.6M (2026) · Pet Care (except Veterinary) Services
  • CBK Blue Ginger Inc in Denton, TX$1.9M (2026) · purchase · Full-Service Restaurants
  • Di Fara Pizza 2 Inc in Durham, NC$1.8M (2026) · Full-Service Restaurants
  • Winning With Wellness LLC in Holly Springs, NC$1.6M (2026) · Other Personal Care Services
  • Hardintimes, LLC in Carolina Beach, NC$1.6M (2026) · Full-Service Restaurants
  • Burns Auto Group LLC in Wheat Ridge, CO$1.4M (2026) · purchase · General Automotive Repair

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Failed deals

7 of TowneBank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

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Businesses TowneBank financed

919 businesses on record — the 60 largest by funding. Each links to its full SBA record.

Work at TowneBank?

Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.

CapBench analysis of public lending records, FY2020–present. Not affiliated with TowneBank.

Agent summary

This page summarizes TowneBank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 1,239 SBA 7(a) loans on record
  • $600K typical deal
  • 308 business-acquisition loans
  • HQ: 5716 High St W, Portsmouth, VA
  • 83 FDIC branch locations
  • FDIC total assets $22.4B
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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