10,936 SBA loans worth $5.0B went to Pennsylvania businesses between October 2021 and June 2026, from 235 lenders. Huntington National Bank made the most 7(a) loans, 1,409 or 14% of the state's total, and the ten most active lenders made 57%. The median 7(a) loan was $150,000, below the national median of $158,000. Construction was the most financed industry, at 14% of loans. Annual loan count rose 31% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 1,409 | $299.6M | $69,000 | 34% | Construction |
| 2 | TD Bank Bank · Wilmington, DE | 1,150 | $142.9M | $45,000 | 33% | Construction |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1,094 | $125.9M | $50,000 | 45% | Construction |
| 4 | Northeast Bank Bank · Portland, ME | 425 | $66.4M | $130,000 | 11% | Construction |
| 5 | Newtek Bank Bank · Miami, FL | 360 | $151.2M | $200,000 | 17% | Professional and technical services |
| 6 | KeyBank Bank · Cleveland, OH | 314 | $70.4M | $50,000 | 71% | Restaurants and hotels |
| 7 | PNC Bank Bank · Wilmington, DE | 303 | $84.4M | $50,000 | 40% | Construction |
| 8 | First Commonwealth Bank Bank · Indiana, PA | 302 | $191.5M | $360,450 | 43% | Construction |
| 9 | Northwest Bank Bank · Warren, PA | 293 | $103.1M | $108,100 | 53% | Restaurants and hotels |
| 10 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 262 | $208.6M | $500,000 | 52% | Restaurants and hotels |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 255 | $42.1M | $150,000 | 3% | Retail |
| 12 | Meridian Bank Bank · Wayne, PA | 253 | $218.1M | $500,000 | 48% | Restaurants and hotels |
| 13 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 223 | $63.0M | $50,000 | 12% | Other services (repair, personal care) |
| 14 | Live Oak Banking Bank · Wilmington, NC | 219 | $261.5M | $550,000 | 21% | Health care and social assistance |
| 15 | Wells Fargo Bank Bank · Sioux Falls, SD | 191 | $26.1M | $15,000 | 93% | Transportation and warehousing |
| 16 | Univest Bank and Trust Co Bank · Souderton, PA | 163 | $106.6M | $350,000 | 44% | Construction |
| 17 | Beacon Bank and Trust Bank · Boston, MA | 156 | $162.4M | $687,000 | 21% | Restaurants and hotels |
| 18 | Fulton Bank Bank · Lancaster, PA | 140 | $132.7M | $442,250 | 41% | Restaurants and hotels |
| 19 | PS Bank Bank · Wyalusing, PA | 119 | $14.6M | $61,500 | 44% | Transportation and warehousing |
| 20 | Mid Penn Bank Bank · Millersburg, PA | 116 | $70.4M | $387,500 | 49% | Restaurants and hotels |
| 21 | United Midwest Savings Bank Bank · Degraff, OH | 102 | $48.9M | $150,000 | 80% | Construction |
| 22 | Firstrust Savings Bank Bank · Conshohocken, PA | 94 | $106.7M | $817,500 | 48% | Other services (repair, personal care) |
| 23 | Celtic Bank Bank · Salt Lake City, UT | 94 | $48.8M | $150,000 | 26% | Health care and social assistance |
| 24 | First National Bank of Pennsylvania Bank · Greenville, PA | 93 | $81.0M | $486,000 | 41% | Construction |
| 25 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 93 | $56.7M | $225,000 | 23% | Restaurants and hotels |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Empire State Certified Development Latham, NY | 178 | $208.4M | $749,500 |
| 2 | South Eastern Economic Development Company of Pennsylvania Exton, PA | 148 | $147.1M | $655,500 |
| 3 | NEPA Alliance Business Finance Pittston, PA | 102 | $98.1M | $438,500 |
| 4 | Regional Development Funding Pittsburgh, PA | 95 | $78.2M | $559,000 |
| 5 | SEDA-COG Local Development Lewisburg, PA | 25 | $26.7M | $783,000 |
| 6 | Trenton Business Assistance Princeton, NJ | 25 | $48.2M | $1,278,000 |
| 7 | EDC Finance Lancaster, PA | 24 | $23.7M | $590,500 |
| 8 | Northeastern Economic Development Company of PA-CDC Dunmore, PA | 16 | $12.2M | $575,500 |
| 9 | Altoona-Blair County Development Altoona, PA | 6 | $2.8M | $386,000 |
| 10 | Pennsylvania Community Development and Finance Reading, PA | 5 | $15.0M | $2,159,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 1,562 | $100,000 | Huntington National Bank | |
| Restaurants and hotels | 1,497 | $250,000 | Huntington National Bank | |
| Retail | 1,170 | $150,000 | TD Bank | |
| Other services (repair, personal care) | 1,140 | $150,000 | Huntington National Bank | |
| Health care and social assistance | 951 | $225,000 | Huntington National Bank | |
| Professional and technical services | 934 | $150,000 | TD Bank | |
| Manufacturing | 781 | $270,000 | Huntington National Bank | |
| Administrative and support services | 692 | $120,000 | Huntington National Bank | |
| Transportation and warehousing | 633 | $55,500 | TD Bank | |
| Arts, entertainment and recreation | 443 | $249,000 | Huntington National Bank | |
| Wholesale trade | 406 | $250,000 | TD Bank | |
| Real estate and rental | 209 | $150,000 | TD Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Philadelphia | 1,263 | $529.2M | $145,800 | TD Bank |
| Pittsburgh | 727 | $297.1M | $150,000 | Huntington National Bank |
| Allentown | 175 | $101.9M | $150,000 | TD Bank |
| Reading | 164 | $97.8M | $150,000 | Manufacturers and Traders Trust |
| Lancaster | 142 | $81.2M | $278,750 | Manufacturers and Traders Trust |
| York | 136 | $48.1M | $130,100 | Manufacturers and Traders Trust |
| Harrisburg | 118 | $85.6M | $162,500 | Manufacturers and Traders Trust |
| Erie | 117 | $47.0M | $125,000 | Northwest Bank |
| Scranton | 117 | $42.3M | $190,000 | Fidelity Deposit and Discount Bank |
| Bethlehem | 116 | $46.3M | $150,000 | TD Bank |
| West Chester | 114 | $73.4M | $262,500 | TD Bank |
| Norristown | 98 | $48.6M | $183,750 | TD Bank |
| Doylestown | 84 | $40.4M | $220,250 | Manufacturers and Traders Trust |
| Warminster | 84 | $40.6M | $217,500 | TD Bank |
| Easton | 81 | $41.0M | $186,900 | TD Bank |
99 Pennsylvania cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.