States › Pennsylvania › Allegheny County
County1st of 67 in Pennsylvania by approvalsFIPS 42003
SBA loans in Allegheny County, Pennsylvania
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 Allegheny County, Pennsylvania, received 1,413 SBA loan approvals worth $607M in FY2021 to FY2025 (1,330 7(a), 83 504).
That is 41.8 approvals per 1,000 business establishments (33,812 establishments in 2023), close to the Pennsylvania figure of 36.7 and close to the national 41.0.
It ranks 1st of 67 Pennsylvania counties with approvals. In FY2025 there were 299, down 15% on FY2024.
86 lenders had approvals here; the most active were The Huntington National Bank (585), First Commonwealth Bank (99) and KeyBank National Association (98). The most common industry was restaurants and other eating places.
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 Allegheny County
By number of approvals to businesses in the county, FY2021–FY2025; 86 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 585 | $112M | 41.4% | |
| 2 | First Commonwealth BankIndiana, PA | 99 | $71.8M | 7.0% | |
| 3 | KeyBank National AssociationCleveland, OH | 98 | $34.8M | 6.9% | |
| 4 | PNC Bank, National AssociationWilmington, DE | 90 | $26.0M | 6.4% | |
| 5 | Northwest BankWarren, PA | 55 | $15.0M | 3.9% | |
| 6 | Regional Development Funding CorporationPittsburgh, PA · CDC | 52 | $40.4M | 3.7% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 46 | $53.7M | 3.3% | |
| 8 | Enterprise BankAllison Park, PA | 40 | $29.8M | 2.8% | |
| 9 | Northeast BankLewiston, ME | 30 | $4.6M | 2.1% | |
| 10 | Empire State Certified Development CorporationLatham, NY · CDC | 29 | $32.5M | 2.1% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 25 | $15.0M | 1.8% | |
| 12 | First National Bank of PennsylvaniaGreenville, PA | 23 | $23.3M | 1.6% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 22 | $5.0M | 1.6% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 14 | $1.7M | 1.0% | |
| 15 | Univest Bank and Trust CoSouderton, PA | 12 | $6.4M | 0.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 178 | 12.6% | |
| 2 | Personal Care ServicesNAICS 8121 | 64 | 4.5% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 59 | 4.2% | |
| 4 | General Freight TruckingNAICS 4841 | 57 | 4.0% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 52 | 3.7% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 49 | 3.5% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 44 | 3.1% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 37 | 2.6% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 33 | 2.3% | |
| 10 | Residential Building ConstructionNAICS 2361 | 32 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 218 | 15.4% | |
| 2 | Construction | 194 | 13.7% | |
| 3 | Other Services (except Public Administration) | 149 | 10.5% | |
| 4 | Professional, Scientific, and Technical Services | 138 | 9.8% | |
| 5 | Retail Trade | 132 | 9.3% | |
| 6 | Health Care and Social Assistance | 124 | 8.8% | |
| 7 | Manufacturing | 102 | 7.2% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 82 | 5.8% |
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* | 128 | $66.2M | $210K | 7 | $6.1M | 135 | 1,478 |
| FY2025 | 289 | $118M | $150K | 10 | $13.2M | 299 | 3,720 |
| FY2024 | 340 | $134M | $128K | 10 | $8.4M | 350 | 4,070 |
| FY2023 | 247 | $70.1M | $110K | 20 | $23.0M | 267 | 2,894 |
| FY2022 | 233 | $101M | $121K | 22 | $15.4M | 255 | 2,935 |
| FY2021 | 221 | $110M | $200K | 21 | $13.5M | 242 | 2,567 |
| FY2020 | 179 | $73.1M | $164K | 16 | $9.9M | 195 | 1,927 |
| FY2019 | 190 | $69.0M | $150K | 11 | $4.6M | 201 | 2,731 |
| FY2018 | 225 | $78.5M | $125K | 17 | $11.8M | 242 | 2,787 |
| FY2017 | 257 | $62.3M | $82K | 19 | $15.8M | 276 | 3,006 |
| FY2016 | 240 | $59.8M | $75K | 11 | $11.8M | 251 | 2,289 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,165 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Allegheny County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 1,413 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 41.8 | 36.7 | 41.0 |
| Median 7(a) approval | $150K | $150K | $190K |
| Median 504 approval | $632K | $607K | $657K |
| Average approval | $430K | $482K | $573K |
| 504 share of approvals | 5.9% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 11.5 | 10.3 | 10.5 |
| Share of state approvals | 12.5% | 100.0% | — |
Approval sizes
- $50,000 or less31.0%438
- $50,001 to $150,00020.3%287
- $150,001 to $350,00018.0%255
- $350,001 to $1 million20.8%294
- $1 million to $2 million5.4%77
- Over $2 million4.4%62
Age of the businesses
- Existing, more than 2 years old56.4%797
- New business, 2 years or less14.5%205
- Startup, loan funds will open the business20.0%283
- Change of ownership9.1%128
Questions and answers
Which lenders make the most SBA loans in Allegheny County?
By approvals in FY2021 to FY2025: The Huntington National Bank (585), First Commonwealth Bank (99), KeyBank National Association (98), PNC Bank, National Association (90), Northwest Bank (55). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Allegheny County?
The median 7(a) approval was $150K and the median 504 approval $632K; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Allegheny County?
Restaurants and Other Eating Places (178); Personal Care Services (64); Services to Buildings and Dwellings (59); General Freight Trucking (57); Building Equipment Contractors (52).
Is SBA lending in Allegheny County rising?
Approvals in the three latest complete fiscal years total 916, against 692 in the three before: rising (+32%).
How does Allegheny County compare with the rest of Pennsylvania?
41.8 approvals per 1,000 establishments against 36.7 statewide, and 1,413 of the state's 11,283 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