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County14th of 24 in Maryland by approvalsFIPS 24035
SBA loans in Queen Anne's County, Maryland
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Queen Anne's County, Maryland, received 58 SBA loan approvals worth $19.1M in FY2021 to FY2025 (56 7(a), 2 504).
That is 40.8 approvals per 1,000 business establishments (1,421 establishments in 2023), close to the Maryland figure of 37.3 and close to the national 41.0.
It ranks 14th of 24 Maryland counties with approvals. In FY2025 there were 14, about level with FY2024.
17 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (34), Newtek Bank, National Association (3) and United Midwest Savings Bank National Association (3). The most common industry was automotive repair and maintenance.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Queen Anne's County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 34 | $7.5M | 58.6% | |
| 2 | Newtek Bank, National AssociationMiami, FL | 3 | $1.9M | 5.2% | |
| 3 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $450K | 5.2% | |
| 4 | Business Finance Group, Inc.Fairfax, VA · CDC | 2 | — | 3.4% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 3.4% | |
| 6 | Lendistry SBLC, LLCLos Angeles, CA | 2 | — | 3.4% | |
| 7 | WesBanco Bank, Inc.Wheeling, WV | 2 | — | 3.4% | |
| 8 | US Metro BankGarden Grove, CA | 1 | — | 1.7% | |
| 9 | Bank of America, National AssociationCharlotte, NC | 1 | — | 1.7% | |
| 10 | Ameris BankAtlanta, GA | 1 | — | 1.7% | |
| 11 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 1.7% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 1 | — | 1.7% | |
| 13 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.7% | |
| 14 | First National Bank of PennsylvaniaGreenville, PA | 1 | — | 1.7% | |
| 15 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 12.1% | |
| 2 | Residential Building ConstructionNAICS 2361 | 5 | 8.6% | |
| 3 | Personal Care ServicesNAICS 8121 | 4 | 6.9% | |
| 4 | Employment ServicesNAICS 5613 | 2 | 3.4% | |
| 5 | Offices of DentistsNAICS 6212 | 2 | 3.4% | |
| 6 | Special Food ServicesNAICS 7223 | 2 | 3.4% | |
| 7 | Other Miscellaneous RetailersNAICS 4599 | 2 | 3.4% | |
| 8 | Computer Systems Design and Related ServicesNAICS 5415 | 2 | 3.4% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 2 | 3.4% | |
| 10 | AquacultureNAICS 1125 | 2 | 3.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Services (except Public Administration) | 12 | 20.7% | |
| 2 | Health Care and Social Assistance | 9 | 15.5% | |
| 3 | Construction | 9 | 15.5% | |
| 4 | Retail Trade | 5 | 8.6% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 4 | 6.9% | |
| 6 | Manufacturing | 4 | 6.9% | |
| 7 | Agriculture, Forestry, Fishing and Hunting | 4 | 6.9% | |
| 8 | Accommodation and Food Services | 3 | 5.2% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 9 | $6.5M | $273K | 1 | — | 10 | 282 |
| FY2025 | 14 | $4.9M | $70K | 0 | — | 14 | 84 |
| FY2024 | 14 | $3.1M | $90K | 1 | — | 15 | 147 |
| FY2023 | 9 | $1.1M | $150K | 0 | — | 9 | 25 |
| FY2022 | 10 | $6.4M | $63K | 0 | — | 10 | 154 |
| FY2021 | 9 | $886K | $60K | 1 | — | 10 | 57 |
| FY2020 | 4 | $3.2M | $63K | 1 | — | 5 | 41 |
| FY2019 | 6 | $1.6M | $150K | 1 | — | 7 | 63 |
| FY2018 | 7 | $734K | $100K | 1 | — | 8 | 21 |
| FY2017 | 13 | $8.2M | $75K | 0 | — | 13 | 94 |
| FY2016 | 9 | $2.0M | $200K | 0 | — | 9 | 91 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 42 approvals.
Against Maryland and the country
| FY2021–FY2025 | Queen Anne's County | Maryland | United States |
|---|---|---|---|
| Approvals | 58 | 5,330 | 342,825 |
| Approvals per 1,000 establishments | 40.8 | 37.3 | 41.0 |
| Median 7(a) approval | $78K | $138K | $190K |
| Median 504 approval | — | $866K | $657K |
| Average approval | $330K | $433K | $573K |
| 504 share of approvals | 3.4% | 4.0% | 11.0% |
| Jobs supported per approval, as reported | 8.1 | 11.1 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less39.7%23
- $50,001 to $150,00034.5%20
- $150,001 to $350,00010.3%6
- $350,001 to $1 million5.2%3
- $1 million to $2 million5.2%3
- Over $2 million5.2%3
Age of the businesses
- Existing, more than 2 years old56.9%33
- New business, 2 years or less19.0%11
- Startup, loan funds will open the business22.4%13
- Change of ownership1.7%1
Questions and answers
Which lenders make the most SBA loans in Queen Anne's County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (34), Newtek Bank, National Association (3), United Midwest Savings Bank National Association (3), Business Finance Group, Inc. (2), Readycap Lending, LLC (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Queen Anne's County?
The median 7(a) approval was $78K; the Maryland 7(a) median was $138K.
Which industries get the most SBA loans in Queen Anne's County?
Automotive Repair and Maintenance (7); Residential Building Construction (5); Personal Care Services (4); Employment Services (2); Offices of Dentists (2).
Is SBA lending in Queen Anne's County rising?
Approvals in the three latest complete fiscal years total 38, against 25 in the three before: rising (+52%).
How does Queen Anne's County compare with the rest of Maryland?
40.8 approvals per 1,000 establishments against 37.3 statewide, and 58 of the state's 5,330 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error