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County3rd of 67 in Pennsylvania by approvalsFIPS 42091
SBA loans in Montgomery 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 Montgomery County, Pennsylvania, received 1,137 SBA loan approvals worth $626M in FY2021 to FY2025 (1,069 7(a), 68 504).
That is 42.6 approvals per 1,000 business establishments (26,711 establishments in 2023), above the Pennsylvania figure of 36.7 and close to the national 41.0.
It ranks 3rd of 67 Pennsylvania counties with approvals. In FY2025 there were 296, up 17% on FY2024.
110 lenders had approvals here; the most active were TD Bank, National Association (254), Meridian Bank (73) and Manufacturers and Traders Trust Company (55). 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 Montgomery County
By number of approvals to businesses in the county, FY2021–FY2025; 110 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 254 | $28.8M | 22.3% | |
| 2 | Meridian BankMalvern, PA | 73 | $74.4M | 6.4% | |
| 3 | Manufacturers and Traders Trust CompanyBuffalo, NY | 55 | $12.5M | 4.8% | |
| 4 | KeyBank National AssociationCleveland, OH | 48 | $10.1M | 4.2% | |
| 5 | Univest Bank and Trust CoSouderton, PA | 46 | $21.4M | 4.0% | |
| 6 | Wilmington Savings Fund Society FSBWilmington, DE | 45 | $37.0M | 4.0% | |
| 7 | The Huntington National BankColumbus, OH | 35 | $11.3M | 3.1% | |
| 8 | Northeast BankLewiston, ME | 34 | $5.5M | 3.0% | |
| 9 | Empire State Certified Development CorporationLatham, NY · CDC | 30 | $30.3M | 2.6% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 30 | $4.4M | 2.6% | |
| 11 | Firstrust Savings BankConshohocken, PA | 26 | $25.5M | 2.3% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 25 | $29.0M | 2.2% | |
| 13 | South Eastern Economic Development Company of PennsylvaniaExton, PA · CDC | 25 | $21.4M | 2.2% | |
| 14 | Newtek Bank, National AssociationMiami, FL | 25 | $16.1M | 2.2% | |
| 15 | Mid Penn BankMillersburg, PA | 23 | $18.9M | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 94 | 8.3% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 53 | 4.7% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 53 | 4.7% | |
| 4 | Residential Building ConstructionNAICS 2361 | 50 | 4.4% | |
| 5 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 43 | 3.8% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 41 | 3.6% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 39 | 3.4% | |
| 8 | Personal Care ServicesNAICS 8121 | 36 | 3.2% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 33 | 2.9% | |
| 10 | Child Day Care ServicesNAICS 6244 | 32 | 2.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 157 | 13.8% | |
| 2 | Health Care and Social Assistance | 142 | 12.5% | |
| 3 | Professional, Scientific, and Technical Services | 123 | 10.8% | |
| 4 | Retail Trade | 108 | 9.5% | |
| 5 | Other Services (except Public Administration) | 108 | 9.5% | |
| 6 | Accommodation and Food Services | 106 | 9.3% | |
| 7 | Manufacturing | 88 | 7.7% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 71 | 6.2% |
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* | 154 | $89.2M | $270K | 7 | $5.7M | 161 | 1,994 |
| FY2025 | 288 | $130M | $169K | 8 | $5.2M | 296 | 2,788 |
| FY2024 | 244 | $114M | $150K | 9 | $8.3M | 253 | 2,229 |
| FY2023 | 226 | $108M | $150K | 16 | $15.0M | 242 | 3,807 |
| FY2022 | 147 | $79.3M | $200K | 19 | $19.7M | 166 | 1,682 |
| FY2021 | 164 | $127M | $385K | 16 | $20.2M | 180 | 2,305 |
| FY2020 | 109 | $54.0M | $200K | 10 | $13.0M | 119 | 1,016 |
| FY2019 | 203 | $71.9M | $150K | 12 | $11.3M | 215 | 1,832 |
| FY2018 | 221 | $67.7M | $86K | 8 | $10.1M | 229 | 2,016 |
| FY2017 | 209 | $70.2M | $100K | 5 | $2.2M | 214 | 1,940 |
| FY2016 | 219 | $77.0M | $150K | 8 | $8.3M | 227 | 1,995 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,004 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Montgomery County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 1,137 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 42.6 | 36.7 | 41.0 |
| Median 7(a) approval | $200K | $150K | $190K |
| Median 504 approval | $665K | $607K | $657K |
| Average approval | $551K | $482K | $573K |
| 504 share of approvals | 6.0% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 11.3 | 10.3 | 10.5 |
| Share of state approvals | 10.1% | 100.0% | — |
Approval sizes
- $50,000 or less25.9%295
- $50,001 to $150,00018.1%206
- $150,001 to $350,00018.2%207
- $350,001 to $1 million22.4%255
- $1 million to $2 million9.5%108
- Over $2 million5.8%66
Age of the businesses
- Existing, more than 2 years old55.2%628
- New business, 2 years or less21.8%248
- Startup, loan funds will open the business15.1%172
- Change of ownership7.8%89
Questions and answers
Which lenders make the most SBA loans in Montgomery County?
By approvals in FY2021 to FY2025: TD Bank, National Association (254), Meridian Bank (73), Manufacturers and Traders Trust Company (55), KeyBank National Association (48), Univest Bank and Trust Co (46). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Montgomery County?
The median 7(a) approval was $200K and the median 504 approval $665K; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Montgomery County?
Restaurants and Other Eating Places (94); Offices of Other Health Practitioners (53); Services to Buildings and Dwellings (53); Residential Building Construction (50); Management, Scientific, and Technical Consulting Services (43).
Is SBA lending in Montgomery County rising?
Approvals in the three latest complete fiscal years total 791, against 465 in the three before: rising (+70%).
How does Montgomery County compare with the rest of Pennsylvania?
42.6 approvals per 1,000 establishments against 36.7 statewide, and 1,137 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