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County33rd of 67 in Pennsylvania by approvalsFIPS 42127
SBA loans in Wayne 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 47 loans to businesses in Wayne County, Pennsylvania, in FY2021 to FY2025, worth $25.6M: 36 under 7(a) and 11 under 504.
That is 34.7 approvals per 1,000 business establishments (1,355 establishments in 2023), close to the Pennsylvania figure of 36.7 and below the national 41.0.
It ranks 33rd of 67 Pennsylvania counties with approvals. In FY2025 there were 9, down 25% on FY2024.
17 lenders had approvals here; the most active were NEPA Alliance Business Finance Corporation (11), Wayne Bank (6) and PS Bank (6). 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 Wayne County
By number of approvals to businesses in the county, FY2021–FY2025; 17 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | NEPA Alliance Business Finance CorporationPittston, PA · CDC | 11 | $5.5M | 23.4% | |
| 2 | Wayne BankHonesdale, PA | 6 | $3.1M | 12.8% | |
| 3 | PS BankWyalusing, PA | 6 | $276K | 12.8% | |
| 4 | KeyBank National AssociationCleveland, OH | 4 | $1.6M | 8.5% | |
| 5 | NEPA Alliance Business Finance CorporationPittston, PA | 3 | $508K | 6.4% | |
| 6 | Old National BankEvansville, IN | 2 | — | 4.3% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 2 | — | 4.3% | |
| 8 | Truist BankCharlotte, NC | 2 | — | 4.3% | |
| 9 | The Honesdale National BankHonesdale, PA | 2 | — | 4.3% | |
| 10 | Fidelity Deposit and Discount BankDunmore, PA | 2 | — | 4.3% | |
| 11 | Metro City BankDoraville, GA | 1 | — | 2.1% | |
| 12 | Mid Penn BankMillersburg, PA | 1 | — | 2.1% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.1% | |
| 14 | Peoples Security Bank and Trust CompanyScranton, PA | 1 | — | 2.1% | |
| 15 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 5 | 10.6% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 10.6% | |
| 3 | Nonmetallic Mineral Mining and QuarryingNAICS 2123 | 4 | 8.5% | |
| 4 | Architectural and Structural Metals ManufacturingNAICS 3323 | 2 | 4.3% | |
| 5 | LoggingNAICS 1133 | 2 | 4.3% | |
| 6 | Lessors of Real EstateNAICS 5311 | 2 | 4.3% | |
| 7 | Wholesale Electronic Markets and Agents and BrokersNAICS 4251 | 2 | 4.3% | |
| 8 | Home Furnishings StoresNAICS 4422 | 2 | 4.3% | |
| 9 | Remediation and Other Waste Management ServicesNAICS 5629 | 2 | 4.3% | |
| 10 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 4.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 11 | 23.4% | |
| 2 | Accommodation and Food Services | 8 | 17.0% | |
| 3 | Other Services (except Public Administration) | 5 | 10.6% | |
| 4 | Manufacturing | 4 | 8.5% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 4 | 8.5% | |
| 6 | Mining, Quarrying, and Oil and Gas Extraction | 4 | 8.5% | |
| 7 | Arts, Entertainment, and Recreation | 2 | 4.3% | |
| 8 | Agriculture, Forestry, Fishing and Hunting | 2 | 4.3% |
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* | 8 | $4.9M | $190K | 0 | — | 8 | 329 |
| FY2025 | 7 | $5.5M | $365K | 2 | — | 9 | 80 |
| FY2024 | 12 | $4.8M | $137K | 0 | — | 12 | 84 |
| FY2023 | 10 | $7.8M | $432K | 3 | $1.4M | 13 | 74 |
| FY2022 | 3 | $1.4M | $220K | 3 | $2.3M | 6 | 58 |
| FY2021 | 4 | $750K | $200K | 3 | $995K | 7 | 34 |
| FY2020 | 7 | $3.6M | $200K | 1 | — | 8 | 72 |
| FY2019 | 3 | $763K | $338K | 1 | — | 4 | 56 |
| FY2018 | 3 | $500K | $60K | 0 | — | 3 | 5 |
| FY2017 | 8 | $2.0M | $147K | 1 | — | 9 | 65 |
| FY2016 | 9 | $8.8M | $150K | 1 | — | 10 | 101 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 34 approvals.
Against Pennsylvania and the country
| FY2021–FY2025 | Wayne County | Pennsylvania | United States |
|---|---|---|---|
| Approvals | 47 | 11,283 | 342,825 |
| Approvals per 1,000 establishments | 34.7 | 36.7 | 41.0 |
| Median 7(a) approval | $229K | $150K | $190K |
| Median 504 approval | $387K | $607K | $657K |
| Average approval | $545K | $482K | $573K |
| 504 share of approvals | 23.4% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 7.0 | 10.3 | 10.5 |
| Share of state approvals | 0.4% | 100.0% | — |
Approval sizes
- $50,000 or less10.6%5
- $50,001 to $150,00023.4%11
- $150,001 to $350,00025.5%12
- $350,001 to $1 million23.4%11
- $1 million to $2 million10.6%5
- Over $2 million6.4%3
Age of the businesses
- Existing, more than 2 years old48.9%23
- New business, 2 years or less14.9%7
- Startup, loan funds will open the business27.7%13
- Change of ownership8.5%4
Questions and answers
Which lenders make the most SBA loans in Wayne County?
By approvals in FY2021 to FY2025: NEPA Alliance Business Finance Corporation (11), Wayne Bank (6), PS Bank (6), KeyBank National Association (4), NEPA Alliance Business Finance Corporation (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Wayne County?
The median 7(a) approval was $229K and the median 504 approval $387K; the Pennsylvania 7(a) median was $150K.
Which industries get the most SBA loans in Wayne County?
Traveler Accommodation (5); Automotive Repair and Maintenance (5); Nonmetallic Mineral Mining and Quarrying (4); Architectural and Structural Metals Manufacturing (2); Logging (2).
Is SBA lending in Wayne County rising?
Approvals in the three latest complete fiscal years total 34, against 21 in the three before: rising (+62%).
How does Wayne County compare with the rest of Pennsylvania?
34.7 approvals per 1,000 establishments against 36.7 statewide, and 47 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