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County22nd of 67 in Pennsylvania by approvalsFIPS 42089
SBA loans in Monroe 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.
SBA approved 112 loans to businesses in Monroe County, Pennsylvania, in FY2021 to FY2025, worth $76.3M: 93 under 7(a) and 19 under 504.
That is 31.8 approvals per 1,000 business establishments (3,527 establishments in 2023), close to the Pennsylvania figure of 36.7 and below the national 41.0.
It ranks 22nd of 67 Pennsylvania counties with approvals. In FY2025 there were 30, up 25% on FY2024.
35 lenders had approvals here; the most active were NEPA Alliance Business Finance Corporation (14), Manufacturers and Traders Trust Company (10) and PNC Bank, National Association (9). The most common industry was traveler accommodation.
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 Monroe County
By number of approvals to businesses in the county, FY2021–FY2025; 35 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | NEPA Alliance Business Finance CorporationPittston, PA · CDC | 14 | $21.5M | 12.5% | |
| 2 | Manufacturers and Traders Trust CompanyBuffalo, NY | 10 | $1.2M | 8.9% | |
| 3 | PNC Bank, National AssociationWilmington, DE | 9 | $1.3M | 8.0% | |
| 4 | TD Bank, National AssociationWilmington, DE | 9 | $579K | 8.0% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 6 | $100K | 5.4% | |
| 6 | Newtek Small Business Finance, Inc.Lake Success, NY | 5 | $3.8M | 4.5% | |
| 7 | Peapack Private Bank and TrustBedminster, NJ | 4 | $13.0M | 3.6% | |
| 8 | The Huntington National BankColumbus, OH | 4 | $1.0M | 3.6% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 4 | $600K | 3.6% | |
| 10 | Northeast BankLewiston, ME | 4 | $590K | 3.6% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 4 | $365K | 3.6% | |
| 12 | Peoples Security Bank and Trust CompanyScranton, PA | 3 | $5.1M | 2.7% | |
| 13 | Wilmington Savings Fund Society FSBWilmington, DE | 3 | $2.4M | 2.7% | |
| 14 | Northeastern Economic Development Company of PA-CDC, Inc.Dunmore, PA · CDC | 3 | $1.7M | 2.7% | |
| 15 | PS BankWyalusing, PA | 3 | $689K | 2.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 17 | 15.2% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 8.0% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 7 | 6.3% | |
| 4 | Personal Care ServicesNAICS 8121 | 6 | 5.4% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 3.6% | |
| 6 | Other Electrical Equipment and Component ManufacturingNAICS 3359 | 4 | 3.6% | |
| 7 | Child Day Care ServicesNAICS 6244 | 3 | 2.7% | |
| 8 | Grocery StoresNAICS 4451 | 3 | 2.7% | |
| 9 | Warehouse Clubs, Supercenters, and Other General Merchandise RetailersNAICS 4552 | 3 | 2.7% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 28 | 25.0% | |
| 2 | Construction | 17 | 15.2% | |
| 3 | Other Services (except Public Administration) | 13 | 11.6% | |
| 4 | Manufacturing | 11 | 9.8% | |
| 5 | Retail Trade | 10 | 8.9% | |
| 6 | Health Care and Social Assistance | 8 | 7.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 8 | 7.1% | |
| 8 | Professional, Scientific, and Technical Services | 5 | 4.5% |
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 | $7.3M | $350K | 2 | — | 15 | 97 |
| FY2025 | 27 | $11.5M | $200K | 3 | $3.7M | 30 | 203 |
| FY2024 | 22 | $4.6M | $112K | 2 | — | 24 | 266 |
| FY2023 | 17 | $2.4M | $65K | 0 | — | 17 | 148 |
| FY2022 | 15 | $11.7M | $272K | 12 | $19.7M | 27 | 405 |
| FY2021 | 12 | $21.4M | $1.4M | 2 | — | 14 | 214 |
| FY2020 | 4 | $2.5M | $132K | 1 | — | 5 | 67 |
| FY2019 | 15 | $5.3M | $175K | 1 | — | 16 | 325 |
| FY2018 | 23 | $9.9M | $125K | 1 | — | 24 | 336 |
| FY2017 | 16 | $10.3M | $329K | 3 | $1.4M | 19 | 260 |
| FY2016 | 17 | $9.2M | $150K | 5 | $6.5M | 22 | 419 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 86 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Monroe County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 112 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 31.8 | 36.7 | 41.0 |
| Median 7(a) approval | $150K | $150K | $190K |
| Median 504 approval | $373K | $607K | $657K |
| Average approval | $681K | $482K | $573K |
| 504 share of approvals | 17.0% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 11.0 | 10.3 | 10.5 |
| Share of state approvals | 1.0% | 100.0% | — |
Approval sizes
- $50,000 or less25.9%29
- $50,001 to $150,00019.6%22
- $150,001 to $350,00016.1%18
- $350,001 to $1 million20.5%23
- $1 million to $2 million6.3%7
- Over $2 million11.6%13
Age of the businesses
- Existing, more than 2 years old55.4%62
- New business, 2 years or less17.0%19
- Startup, loan funds will open the business17.9%20
- Change of ownership9.8%11
Questions and answers
Which lenders make the most SBA loans in Monroe County?
By approvals in FY2021 to FY2025: NEPA Alliance Business Finance Corporation (14), Manufacturers and Traders Trust Company (10), PNC Bank, National Association (9), TD Bank, National Association (9), Wells Fargo Bank National Association (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Monroe County?
The median 7(a) approval was $150K and the median 504 approval $373K; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Monroe County?
Traveler Accommodation (17); Restaurants and Other Eating Places (9); Building Equipment Contractors (7); Personal Care Services (6); Automotive Repair and Maintenance (4).
Is SBA lending in Monroe County rising?
Approvals in the three latest complete fiscal years total 71, against 46 in the three before: rising (+54%).
How does Monroe County compare with the rest of Pennsylvania?
31.8 approvals per 1,000 establishments against 36.7 statewide, and 112 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