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County30th of 67 in Pennsylvania by approvalsFIPS 42055
SBA loans in Franklin 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 Franklin County, Pennsylvania, received 54 SBA loan approvals worth $31.9M in FY2021 to FY2025 (49 7(a), 5 504).
That is 17.4 approvals per 1,000 business establishments (3,111 establishments in 2023), below the Pennsylvania figure of 36.7 and below the national 41.0.
It ranks 30th of 67 Pennsylvania counties with approvals. In FY2025 there were 16.
26 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (16), Orrstown Bank (5) and United Midwest Savings Bank National Association (3). The most common industry was other amusement and recreation industries.
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 Franklin County
By number of approvals to businesses in the county, FY2021–FY2025; 26 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 16 | $684K | 29.6% | |
| 2 | Orrstown BankHarrisburg, PA | 5 | $2.1M | 9.3% | |
| 3 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $3.5M | 5.6% | |
| 4 | Potomac BankCharles Town, WV | 3 | $1.2M | 5.6% | |
| 5 | First Bank of the LakeOsage Beach, MO | 3 | $450K | 5.6% | |
| 6 | Beacon Bank and TrustBrookline, MA | 2 | — | 3.7% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 2 | — | 3.7% | |
| 8 | The Huntington National BankColumbus, OH | 2 | — | 3.7% | |
| 9 | Centerstone SBA Lending, Inc.Los Angeles, CA | 1 | — | 1.9% | |
| 10 | South Eastern Economic Development Company of PennsylvaniaExton, PA · CDC | 1 | — | 1.9% | |
| 11 | SEDA-COG Local Development CorporationLewisburg, PA · CDC | 1 | — | 1.9% | |
| 12 | Business Finance Group, Inc.Fairfax, VA · CDC | 1 | — | 1.9% | |
| 13 | First National Bank of PennsylvaniaGreenville, PA | 1 | — | 1.9% | |
| 14 | Regional Development Funding CorporationPittsburgh, PA · CDC | 1 | — | 1.9% | |
| 15 | PNC Bank, National AssociationWilmington, DE | 1 | — | 1.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 11.1% | |
| 2 | Residential Building ConstructionNAICS 2361 | 5 | 9.3% | |
| 3 | Computer Systems Design and Related ServicesNAICS 5415 | 3 | 5.6% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 5.6% | |
| 5 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 3 | 5.6% | |
| 6 | Traveler AccommodationNAICS 7211 | 2 | 3.7% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 3.7% | |
| 8 | Lessors of Real EstateNAICS 5311 | 2 | 3.7% | |
| 9 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 2 | 3.7% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 3.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 8 | 14.8% | |
| 2 | Professional, Scientific, and Technical Services | 8 | 14.8% | |
| 3 | Retail Trade | 7 | 13.0% | |
| 4 | Arts, Entertainment, and Recreation | 6 | 11.1% | |
| 5 | Accommodation and Food Services | 5 | 9.3% | |
| 6 | Manufacturing | 4 | 7.4% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 4 | 7.4% | |
| 8 | Other Services (except Public Administration) | 4 | 7.4% |
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* | 20 | $2.3M | $42K | 0 | — | 20 | 123 |
| FY2025 | 16 | $8.6M | $144K | 0 | — | 16 | 258 |
| FY2024 | 8 | $945K | $63K | 0 | — | 8 | 16 |
| FY2023 | 7 | $1.5M | $150K | 1 | — | 8 | 30 |
| FY2022 | 13 | $5.4M | $295K | 3 | $7.0M | 16 | 240 |
| FY2021 | 5 | $6.2M | $500K | 1 | — | 6 | 187 |
| FY2020 | 4 | $675K | $63K | 2 | — | 6 | 102 |
| FY2019 | 16 | $4.0M | $171K | 0 | — | 16 | 292 |
| FY2018 | 18 | $4.6M | $74K | 0 | — | 18 | 130 |
| FY2017 | 17 | $4.2M | $135K | 0 | — | 17 | 94 |
| FY2016 | 18 | $7.7M | $50K | 0 | — | 18 | 113 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 75 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Franklin County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 54 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 17.4 | 36.7 | 41.0 |
| Median 7(a) approval | $150K | $150K | $190K |
| Median 504 approval | $1.8M | $607K | $657K |
| Average approval | $591K | $482K | $573K |
| 504 share of approvals | 9.3% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 13.5 | 10.3 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less27.8%15
- $50,001 to $150,00024.1%13
- $150,001 to $350,00013.0%7
- $350,001 to $1 million18.5%10
- $1 million to $2 million7.4%4
- Over $2 million9.3%5
Age of the businesses
- Existing, more than 2 years old64.8%35
- New business, 2 years or less14.8%8
- Startup, loan funds will open the business13.0%7
- Change of ownership7.4%4
Questions and answers
Which lenders make the most SBA loans in Franklin County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (16), Orrstown Bank (5), United Midwest Savings Bank National Association (3), Potomac Bank (3), First Bank of the Lake (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Franklin County?
The median 7(a) approval was $150K and the median 504 approval $1.8M; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Franklin County?
Other Amusement and Recreation Industries (6); Residential Building Construction (5); Computer Systems Design and Related Services (3); Restaurants and Other Eating Places (3); Sporting Goods, Hobby, and Musical Instrument Retailers (3).
Is SBA lending in Franklin County rising?
Approvals in the three latest complete fiscal years total 32, against 28 in the three before: rising (+14%).
How does Franklin County compare with the rest of Pennsylvania?
17.4 approvals per 1,000 establishments against 36.7 statewide, and 54 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