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County41st of 67 in Pennsylvania by approvalsFIPS 42033
SBA loans in Clearfield 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 Clearfield County, Pennsylvania, received 37 SBA loan approvals worth $19.6M in FY2021 to FY2025 (34 7(a), 3 504).
That is 19.4 approvals per 1,000 business establishments (1,910 establishments in 2023), below the Pennsylvania figure of 36.7 and below the national 41.0.
It ranks 41st of 67 Pennsylvania counties with approvals. In FY2025 there were 11.
19 lenders had approvals here; the most active were Northwest Bank (8), Manufacturers and Traders Trust Company (8) and Empire State Certified Development Corporation (2). The most common industry was machine shops; turned product; and screw, nut, and bolt manufacturing.
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 Clearfield County
By number of approvals to businesses in the county, FY2021–FY2025; 19 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Northwest BankWarren, PA | 8 | $2.3M | 21.6% | |
| 2 | Manufacturers and Traders Trust CompanyBuffalo, NY | 8 | $1.4M | 21.6% | |
| 3 | Empire State Certified Development CorporationLatham, NY · CDC | 2 | — | 5.4% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 5.4% | |
| 5 | Northeast BankLewiston, ME | 2 | — | 5.4% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 2 | — | 5.4% | |
| 7 | Citizens & Northern BankWellsboro, PA | 1 | — | 2.7% | |
| 8 | GBankLas Vegas, NV | 1 | — | 2.7% | |
| 9 | The Juniata Valley BankMifflintown, PA | 1 | — | 2.7% | |
| 10 | The Huntington National BankColumbus, OH | 1 | — | 2.7% | |
| 11 | South Eastern Economic Development Company of PennsylvaniaExton, PA · CDC | 1 | — | 2.7% | |
| 12 | Wilmington Savings Fund Society FSBWilmington, DE | 1 | — | 2.7% | |
| 13 | The Bank of EdisonEdison, GA | 1 | — | 2.7% | |
| 14 | First Commonwealth BankIndiana, PA | 1 | — | 2.7% | |
| 15 | Mid Penn BankMillersburg, PA | 1 | — | 2.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 5 | 13.5% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 13.5% | |
| 3 | General Freight TruckingNAICS 4841 | 4 | 10.8% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 8.1% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 3 | 8.1% | |
| 6 | Traveler AccommodationNAICS 7211 | 2 | 5.4% | |
| 7 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 2 | 5.4% | |
| 8 | Fabric MillsNAICS 3132 | 2 | 5.4% | |
| 9 | Specialty Food StoresNAICS 4452 | 1 | 2.7% | |
| 10 | Forging and StampingNAICS 3321 | 1 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 9 | 24.3% | |
| 2 | Accommodation and Food Services | 5 | 13.5% | |
| 3 | Transportation and Warehousing | 5 | 13.5% | |
| 4 | Other Services (except Public Administration) | 5 | 13.5% | |
| 5 | Retail Trade | 4 | 10.8% | |
| 6 | Health Care and Social Assistance | 4 | 10.8% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 2 | 5.4% | |
| 8 | Wholesale Trade | 1 | 2.7% |
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* | 2 | — | — | 1 | — | 3 | 43 |
| FY2025 | 11 | $3.3M | $150K | 0 | — | 11 | 117 |
| FY2024 | 2 | — | — | 0 | — | 2 | 19 |
| FY2023 | 11 | $3.2M | $150K | 0 | — | 11 | 121 |
| FY2022 | 5 | $923K | $55K | 1 | — | 6 | 25 |
| FY2021 | 5 | $6.2M | $782K | 2 | — | 7 | 205 |
| FY2020 | 1 | — | — | 0 | — | 1 | 3 |
| FY2019 | 8 | $6.2M | $190K | 0 | — | 8 | 89 |
| FY2018 | 7 | $7.2M | $350K | 0 | — | 7 | 73 |
| FY2017 | 5 | $3.0M | $294K | 0 | — | 5 | 113 |
| FY2016 | 9 | $5.1M | $150K | 0 | — | 9 | 129 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 30 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Clearfield County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 37 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 19.4 | 36.7 | 41.0 |
| Median 7(a) approval | $150K | $150K | $190K |
| Median 504 approval | $1.4M | $607K | $657K |
| Average approval | $529K | $482K | $573K |
| 504 share of approvals | 8.1% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 13.2 | 10.3 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less16.2%6
- $50,001 to $150,00032.4%12
- $150,001 to $350,00016.2%6
- $350,001 to $1 million16.2%6
- $1 million to $2 million13.5%5
- Over $2 million5.4%2
Age of the businesses
- Existing, more than 2 years old62.2%23
- New business, 2 years or less13.5%5
- Startup, loan funds will open the business2.7%1
- Change of ownership21.6%8
Questions and answers
Which lenders make the most SBA loans in Clearfield County?
By approvals in FY2021 to FY2025: Northwest Bank (8), Manufacturers and Traders Trust Company (8), Empire State Certified Development Corporation (2), Readycap Lending, LLC (2), Northeast Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Clearfield County?
The median 7(a) approval was $150K and the median 504 approval $1.4M; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Clearfield County?
Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (5); Automotive Repair and Maintenance (5); General Freight Trucking (4); Restaurants and Other Eating Places (3); Offices of Other Health Practitioners (3).
Is SBA lending in Clearfield County rising?
Approvals in the three latest complete fiscal years total 24, against 14 in the three before: rising (+71%).
How does Clearfield County compare with the rest of Pennsylvania?
19.4 approvals per 1,000 establishments against 36.7 statewide, and 37 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