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PPP lender · derived table

Atlantic Union Bank

Atlantic Union Bank appears in the SBA PPP loan-level file with 20,074 loans and $2.6 billion in approved dollars, an average of $127,898 a loan. That is 0.18% of the 11,468,171 loans the file records, rank 54 of the 500 largest lenders by approved dollars and rank 67 by loan count. Borrowers on those loans reported 278,911 jobs, 13.9 a loan, and $9,205 of approved dollars for each reported job. 1 page in the archive carries the name in a title or description.

Totals

Loans20,074
Approved dollars$2,567,420,060.81
Average loan$127,897.78
Share of program loans0.175%
Rank by approved dollars54 of 500
Rank by loan count67 of 500
Jobs reported278,911
Jobs per loan13.8941
Approved dollars per reported job$9,205.16
Borrowers18,330
Loans per borrower1.095
Lender type (archive classification)Community bank
Modeled processing fees$96,272,092.33
Modeled fees, 2020 first-draw loans$63,943,192.48
Modeled fees, 2021 first-draw loans$3,604,567.64
Modeled fees, 2021 second-draw loans$28,724,332.21
Modeled fee per loan$4,795.86
Rank by modeled fees53 of 4,688 originating lenders

Loans made by American National Bank and Trust Company

3,160 loans ($362.1 million) that the SBA file lists under this name at lender location 73215 (Danville, VA) were made by American National Bank and Trust Company, headquartered in Danville; the borrowers are in Virginia (2,063) and North Carolina (1,069). American National merged into Atlantic Union Bank on April 1, 2024 (FDIC BankFind record).

These loans are counted in the totals above.

Named in the archive

1 page in the archive carries this name in a title or description. The match is on the page title and description, not a finding about the lender's role in the case.

DatePageSection
2020-07-23Letters to Atlantic Union Bank PWW & PTCSource documents

Data and method

Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30); ranks are among its 4,688 named originating lenders. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed; the totals leave out 39 source rows. The per-lender totals page has the full method.

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