TD Bank approved 14,816 SBA loans worth $2.0B between October 2021 and June 2026, ranking #2 of 2,283 SBA lenders nationally by loan count. Its median loan was $50,000, and 29% went to startups or businesses under two years old. It lent in 24 states, most often in New York, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 3,828 | $442.1M | $50,000 | #1 |
| Florida | 3,067 | $452.8M | $55,000 | #1 |
| New Jersey | 2,805 | $408.5M | $50,000 | #1 |
| Pennsylvania | 1,150 | $142.9M | $45,000 | #2 |
| Massachusetts | 933 | $113.9M | $50,000 | #2 |
| New Hampshire | 584 | $68.4M | $50,000 | #1 |
| South Carolina | 550 | $91.1M | $35,000 | #1 |
| Connecticut | 441 | $56.8M | $50,000 | #3 |
| Maine | 331 | $32.4M | $40,000 | #1 |
| Maryland | 263 | $40.5M | $50,000 | #3 |
| North Carolina | 208 | $50.3M | $50,000 | #8 |
| Virginia | 179 | $24.1M | $65,000 | #9 |
| Vermont | 133 | $18.1M | $39,000 | #1 |
| Rhode Island | 129 | $9.7M | $25,000 | #2 |
| Delaware | 124 | $9.2M | $33,750 | #2 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 2,780 | $75,000 | |
| Retail | 1,758 | $50,000 | |
| Professional and technical services | 1,662 | $50,000 | |
| Other services (repair, personal care) | 1,360 | $30,000 | |
| Transportation and warehousing | 1,242 | $35,000 | |
| Administrative and support services | 1,127 | $50,000 | |
| Restaurants and hotels | 1,000 | $50,000 | |
| Wholesale trade | 947 | $100,000 | |
| Health care and social assistance | 893 | $59,000 | |
| Manufacturing | 554 | $70,000 |