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County21st of 67 in Pennsylvania by approvalsFIPS 42073
SBA loans in Lawrence 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 Lawrence County, Pennsylvania, received 119 SBA loan approvals worth $22.8M in FY2021 to FY2025 (116 7(a), 3 504).
That is 63.8 approvals per 1,000 business establishments (1,865 establishments in 2023), above the Pennsylvania figure of 36.7 and above the national 41.0.
It ranks 21st of 67 Pennsylvania counties with approvals. In FY2025 there were 28, about level with FY2024.
21 lenders had approvals here; the most active were The Huntington National Bank (85), First Commonwealth Bank (5) and KeyBank National Association (3). The most common industry was other specialty trade contractors.
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 Lawrence County
By number of approvals to businesses in the county, FY2021–FY2025; 21 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 85 | $7.7M | 71.4% | |
| 2 | First Commonwealth BankIndiana, PA | 5 | $4.5M | 4.2% | |
| 3 | KeyBank National AssociationCleveland, OH | 3 | $2.2M | 2.5% | |
| 4 | Northeast BankLewiston, ME | 3 | $380K | 2.5% | |
| 5 | PNC Bank, National AssociationWilmington, DE | 3 | $95K | 2.5% | |
| 6 | Regional Development Funding CorporationPittsburgh, PA · CDC | 2 | — | 1.7% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 2 | — | 1.7% | |
| 8 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 1.7% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 2 | — | 1.7% | |
| 10 | TowneBankPortsmouth, VA | 1 | — | 0.8% | |
| 11 | East West BankPasadena, CA | 1 | — | 0.8% | |
| 12 | Hanover Community BankMineola, NY | 1 | — | 0.8% | |
| 13 | Empire State Certified Development CorporationLatham, NY · CDC | 1 | — | 0.8% | |
| 14 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 0.8% | |
| 15 | Five Star BankRancho Cordova, CA | 1 | — | 0.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 13 | 10.9% | |
| 2 | Residential Building ConstructionNAICS 2361 | 8 | 6.7% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 7 | 5.9% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 7 | 5.9% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 4.2% | |
| 6 | Personal Care ServicesNAICS 8121 | 5 | 4.2% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 4.2% | |
| 8 | Beer, Wine, and Liquor StoresNAICS 4453 | 4 | 3.4% | |
| 9 | Support Activities for Road TransportationNAICS 4884 | 4 | 3.4% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 4 | 3.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 34 | 28.6% | |
| 2 | Other Services (except Public Administration) | 18 | 15.1% | |
| 3 | Manufacturing | 14 | 11.8% | |
| 4 | Transportation and Warehousing | 10 | 8.4% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 10 | 8.4% | |
| 6 | Retail Trade | 8 | 6.7% | |
| 7 | Accommodation and Food Services | 7 | 5.9% | |
| 8 | Wholesale Trade | 5 | 4.2% |
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* | 13 | $1.6M | $135K | 1 | — | 14 | 79 |
| FY2025 | 28 | $3.0M | $50K | 0 | — | 28 | 151 |
| FY2024 | 28 | $4.4M | $78K | 0 | — | 28 | 151 |
| FY2023 | 26 | $4.0M | $64K | 1 | — | 27 | 131 |
| FY2022 | 17 | $5.3M | $85K | 0 | — | 17 | 83 |
| FY2021 | 17 | $4.6M | $50K | 2 | — | 19 | 112 |
| FY2020 | 23 | $5.1M | $69K | 3 | $1.2M | 26 | 142 |
| FY2019 | 13 | $2.1M | $74K | 0 | — | 13 | 28 |
| FY2018 | 23 | $1.6M | $40K | 0 | — | 23 | 61 |
| FY2017 | 24 | $6.9M | $50K | 0 | — | 24 | 132 |
| FY2016 | 20 | $4.1M | $51K | 0 | — | 20 | 87 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 106 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Lawrence County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 119 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 63.8 | 36.7 | 41.0 |
| Median 7(a) approval | $68K | $150K | $190K |
| Median 504 approval | $523K | $607K | $657K |
| Average approval | $191K | $482K | $573K |
| 504 share of approvals | 2.5% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 5.3 | 10.3 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less46.2%55
- $50,001 to $150,00028.6%34
- $150,001 to $350,00013.4%16
- $350,001 to $1 million7.6%9
- $1 million to $2 million3.4%4
- Over $2 million0.8%1
Age of the businesses
- Existing, more than 2 years old75.6%90
- New business, 2 years or less10.9%13
- Startup, loan funds will open the business11.8%14
- Change of ownership1.7%2
Questions and answers
Which lenders make the most SBA loans in Lawrence County?
By approvals in FY2021 to FY2025: The Huntington National Bank (85), First Commonwealth Bank (5), KeyBank National Association (3), Northeast Bank (3), PNC Bank, National Association (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Lawrence County?
The median 7(a) approval was $68K and the median 504 approval $523K; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Lawrence County?
Other Specialty Trade Contractors (13); Residential Building Construction (8); Building Equipment Contractors (7); Services to Buildings and Dwellings (7); Restaurants and Other Eating Places (5).
Is SBA lending in Lawrence County rising?
Approvals in the three latest complete fiscal years total 83, against 62 in the three before: rising (+34%).
How does Lawrence County compare with the rest of Pennsylvania?
63.8 approvals per 1,000 establishments against 36.7 statewide, and 119 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