Lenders › Fulton Bank, National Association
7(a) lenderLancaster, PennsylvaniaFDIC-insured bank70th of 2,184 by approvals
Fulton Bank, National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Fulton Bank, National Association (Lancaster, Pennsylvania) is an FDIC-insured bank in the SBA 7(a) program, 70th of 2,184 by approvals in FY2021 to FY2025: 560 loans worth $471M.
In FY2025, the latest complete fiscal year, it had 110 approvals totalling $78.3M, about level with FY2024 (104). FY2026 to 30 Jun 2026 adds 68 more.
The median approval was $465K, against $190K for the 7(a) program as a whole; 18.4% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 11 states and territories and 87 counties, led by New Jersey (37.1%), Pennsylvania (28.0%) and Maryland (16.8%). The largest industry group was accommodation and food services at 21.6% of approvals, and 9.1% of approvals were to franchise businesses.
Of 1,333 disbursed loans approved in FY2010 to FY2021, SBA records 86 as charged off (6.5%), 991 as paid in full and 256 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 68 | $55.7M | $661K | $819K | 871 |
| FY2025 | 110 | $78.3M | $384K | $711K | 1,266 |
| FY2024 | 104 | $70.4M | $455K | $677K | 1,446 |
| FY2023 | 138 | $138M | $528K | $1.0M | 2,632 |
| FY2022 | 85 | $77.2M | $350K | $909K | 1,231 |
| FY2021 | 123 | $107M | $513K | $870K | 1,553 |
| FY2020 | 170 | $126M | $200K | $742K | 1,840 |
| FY2019 | 115 | $134M | $350K | $1.2M | 1,951 |
| FY2018 | 131 | $150M | $590K | $1.1M | 2,042 |
| FY2017 | 152 | $137M | $500K | $902K | 2,393 |
| FY2016 | 143 | $124M | $500K | $870K | 2,221 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 711 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | New Jersey | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,744 | 17,926 | 639,905 |
| Cancelled or never disbursed | 411 | 2,711 | 79,313 |
| Disbursed loans | 1,333 | 15,215 | 560,592 |
| Paid in full | 991 | 11,117 | 435,813 |
| Charged off | 86 | 1,263 | 36,891 |
| Still outstanding (status exempt from disclosure) | 256 | 2,835 | 87,888 |
| Charged off, share of disbursed loans | 6.5% | 8.3% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.3% | 2.6% | 2.5% |
| Dollars charged off | $25.5M | $172M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 99 | 46 | 1 | 1.0% | 2.8% |
| FY2020 | 128 | 63 | 4 | 3.1% | 4.0% |
| FY2019 | 93 | 51 | 5 | 5.4% | 6.7% |
| FY2018 | 103 | 67 | 3 | 2.9% | 7.9% |
| FY2017 | 124 | 82 | 14 | 11.3% | 7.7% |
| FY2016 | 118 | 90 | 9 | 7.6% | 7.2% |
| FY2015 | 121 | 105 | 6 | 5.0% | 6.9% |
| FY2014 | 101 | 92 | 7 | 6.9% | 6.4% |
| FY2013 | 136 | 123 | 7 | 5.1% | 6.0% |
| FY2012 | 110 | 96 | 11 | 10.0% | 6.3% |
| FY2011 | 139 | 122 | 13 | 9.4% | 6.9% |
| FY2010 | 61 | 54 | 6 | 9.8% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $465K | $190K |
| Average approval | $841K | $518K |
| Approvals of $150,000 or less | 18.4% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 43.9% | 34.3% |
| Approvals to franchise businesses | 9.1% | 11.5% |
| Jobs supported per approval, as reported | 14.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.5% | 6.6% |
States served
| # | State of the business (11 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New Jersey | 208 | $187M | 37.1% | |
| 2 | Pennsylvania | 157 | $143M | 28.0% | |
| 3 | Maryland | 94 | $65.8M | 16.8% | |
| 4 | Virginia | 62 | $39.7M | 11.1% | |
| 5 | Delaware | 20 | $22.1M | 3.6% | |
| 6 | District of Columbia | 12 | $4.9M | 2.1% | |
| 7 | New York | 3 | $2.9M | 0.5% | |
| 8 | Florida | 1 | — | 0.2% | |
| 9 | Texas | 1 | — | 0.2% | |
| 10 | Illinois | 1 | — | 0.2% | |
| 11 | North Carolina | 1 | — | 0.2% |
In New Jersey the lender accounts for 2.0% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (87 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Camden County, NJ | 33 | $30.7M | 5.9% | |
| 2 | Philadelphia County, PA | 22 | $18.8M | 3.9% | |
| 3 | Baltimore city, MD | 22 | $15.5M | 3.9% | |
| 4 | Lancaster County, PA | 22 | $13.0M | 3.9% | |
| 5 | Gloucester County, NJ | 22 | $10.8M | 3.9% | |
| 6 | Mercer County, NJ | 20 | $30.4M | 3.6% | |
| 7 | Montgomery County, PA | 20 | $16.0M | 3.6% | |
| 8 | Burlington County, NJ | 19 | $16.9M | 3.4% | |
| 9 | Baltimore County, MD | 19 | $16.0M | 3.4% | |
| 10 | Howard County, MD | 19 | $11.6M | 3.4% | |
| 11 | Chester County, PA | 18 | $15.9M | 3.2% | |
| 12 | Middlesex County, NJ | 17 | $19.1M | 3.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 121 | 21.6% | |
| 2 | Retail Trade | 102 | 18.2% | |
| 3 | Construction | 65 | 11.6% | |
| 4 | Professional, Scientific, and Technical Services | 54 | 9.6% | |
| 5 | Manufacturing | 52 | 9.3% | |
| 6 | Other Services (except Public Administration) | 37 | 6.6% | |
| 7 | Health Care and Social Assistance | 33 | 5.9% | |
| 8 | Wholesale Trade | 24 | 4.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 100 | 17.9% | |
| 2 | Beer, Wine, and Liquor StoresNAICS 4453 | 43 | 7.7% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 21 | 3.8% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 17 | 3.0% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 15 | 2.7% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 15 | 2.7% | |
| 7 | Residential Building ConstructionNAICS 2361 | 14 | 2.5% | |
| 8 | Computer Systems Design and Related ServicesNAICS 5415 | 13 | 2.3% | |
| 9 | Traveler AccommodationNAICS 7211 | 10 | 1.8% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 10 | 1.8% |
Approval sizes
- $50,000 or less9.6%54
- $50,001 to $150,0008.8%49
- $150,001 to $350,00024.1%135
- $350,001 to $1 million33.9%190
- $1 million to $2 million12.3%69
- Over $2 million11.3%63
Loan terms
- 5 years or less5.0%28
- Over 5 to 10 years55.5%311
- Over 10 to 20 years14.8%83
- Over 20 years24.6%138
Age of the businesses
- Existing, more than 2 years old40.9%229
- New business, 2 years or less16.4%92
- Startup, loan funds will open the business27.5%154
- Change of ownership15.2%85
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 412 | 73.6% | |
| 2 | SBA Express Program | 102 | 18.2% | |
| 3 | 7a General | 12 | 2.1% | |
| 4 | Preferred Lenders with EWCP | 10 | 1.8% | |
| 5 | Working Capital CAPLine | 9 | 1.6% | |
| 6 | Export Express | 6 | 1.1% |
Franchise share
51 of 560 approvals in FY2021–FY2025 (9.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | AAMCO Transmissions and Total Car Care | 3 | 0.5% | |
| 2 | Fastsigns | 3 | 0.5% | |
| 3 | Auntie Anne's | 3 | 0.5% | |
| 4 | Super 8 by Wyndhan | 2 | 0.4% | |
| 5 | McAlister's Deli | 2 | 0.4% | |
| 6 | Bronzed Bunny | 2 | 0.4% | |
| 7 | Soccer Shots | 2 | 0.4% | |
| 8 | California Tortilla | 2 | 0.4% |
Questions and answers
How many SBA loans does Fulton Bank, National Association make?
SBA approved 110 7(a) loans through Fulton Bank, National Association in FY2025, worth $78.3M, and 560 over FY2021 to FY2025. That ranks 70th of 2,184 active 7(a) lenders by number of approvals.
How large are Fulton Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $465K and the average $841K. The program-wide median was $190K.
What is Fulton Bank, National Association's charge-off rate?
Of 1,333 disbursed loans approved in FY2010 to FY2021, SBA records 86 as charged off (6.5%), 991 as paid in full and 256 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Fulton Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (100); beer, wine, and liquor stores (43); building equipment contractors (21); automotive repair and maintenance (17).
Where does Fulton Bank, National Association make SBA loans?
In 11 states and territories. New Jersey 208, Pennsylvania 157, Maryland 94, Virginia 62, Delaware 20. In New Jersey it accounts for 2.0% of all 7(a) approvals.
Is Fulton Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 352, against 378 in the three before: broadly level (-7%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error