Lenders › Mid Penn Bank
7(a) lenderMillersburg, PennsylvaniaFDIC-insured bank140th of 2,184 by approvals
Mid Penn Bank
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.
Mid Penn Bank, based in Millersburg, Pennsylvania, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 265 of its 7(a) loans worth $174M in FY2021 to FY2025, which places it 140th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 22 approvals totalling $17.7M, down 41% on FY2024 (37). FY2026 to 30 Jun 2026 adds 12 more.
The median approval was $415K, against $190K for the 7(a) program as a whole; 23.8% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 9 states and territories and 49 counties, led by Pennsylvania (55.8%), New Jersey (35.8%) and New York (3.8%). The largest industry group was accommodation and food services at 21.1% of approvals, and 4.5% of approvals were to franchise businesses.
Of 424 disbursed loans approved in FY2010 to FY2021, SBA records 16 as charged off (3.8%), 301 as paid in full and 107 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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* | 12 | $7.4M | $610K | $617K | 93 |
| FY2025 | 22 | $17.7M | $554K | $804K | 230 |
| FY2024 | 37 | $14.5M | $300K | $392K | 590 |
| FY2023 | 45 | $30.9M | $484K | $687K | 941 |
| FY2022 | 62 | $34.7M | $300K | $559K | 853 |
| FY2021 | 99 | $76.7M | $500K | $775K | 1,785 |
| FY2020 | 29 | $11.7M | $200K | $402K | 236 |
| FY2019 | 50 | $13.7M | $155K | $274K | 417 |
| FY2018 | 62 | $28.3M | $205K | $456K | 518 |
| FY2017 | 57 | $24.9M | $240K | $436K | 725 |
| FY2016 | 45 | $13.1M | $250K | $291K | 470 |
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 243 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 | Pennsylvania | 7(a) program |
|---|---|---|---|
| Approvals in these years | 473 | 20,449 | 639,905 |
| Cancelled or never disbursed | 49 | 2,853 | 79,313 |
| Disbursed loans | 424 | 17,596 | 560,592 |
| Paid in full | 301 | 13,626 | 435,813 |
| Charged off | 16 | 1,040 | 36,891 |
| Still outstanding (status exempt from disclosure) | 107 | 2,930 | 87,888 |
| Charged off, share of disbursed loans | 3.8% | 5.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.2% | 2.6% | 2.5% |
| Dollars charged off | $4.1M | $171M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 83 | 29 | 4 | 4.8% | 2.8% |
| FY2020 | 28 | 21 | 0 | — | 4.0% |
| FY2019 | 48 | 32 | 0 | 0.0% | 6.7% |
| FY2018 | 53 | 33 | 3 | 5.7% | 7.9% |
| FY2017 | 54 | 44 | 0 | 0.0% | 7.7% |
| FY2016 | 43 | 36 | 2 | 4.7% | 7.2% |
| FY2015 | 33 | 30 | 3 | 9.1% | 6.9% |
| FY2014 | 17 | 13 | 2 | — | 6.4% |
| FY2013 | 29 | 29 | 0 | — | 6.0% |
| FY2012 | 14 | 13 | 1 | — | 6.3% |
| FY2011 | 19 | 18 | 1 | — | 6.9% |
| FY2010 | 3 | 3 | 0 | — | 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 | $415K | $190K |
| Average approval | $658K | $518K |
| Approvals of $150,000 or less | 23.8% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 40.4% | 34.3% |
| Approvals to franchise businesses | 4.5% | 11.5% |
| Jobs supported per approval, as reported | 16.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 3.8% | 6.6% |
States served
| # | State of the business (9 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Pennsylvania | 148 | $90.2M | 55.8% | |
| 2 | New Jersey | 95 | $67.2M | 35.8% | |
| 3 | New York | 10 | $8.4M | 3.8% | |
| 4 | North Carolina | 4 | $3.5M | 1.5% | |
| 5 | Texas | 2 | — | 0.8% | |
| 6 | Georgia | 2 | — | 0.8% | |
| 7 | Delaware | 2 | — | 0.8% | |
| 8 | Florida | 1 | — | 0.4% | |
| 9 | Maryland | 1 | — | 0.4% |
In Pennsylvania the lender accounts for 1.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (49 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Camden County, NJ | 30 | $13.1M | 11.3% | |
| 2 | Montgomery County, PA | 23 | $18.9M | 8.7% | |
| 3 | Lancaster County, PA | 23 | $8.8M | 8.7% | |
| 4 | Schuylkill County, PA | 14 | $11.3M | 5.3% | |
| 5 | Dauphin County, PA | 13 | $4.3M | 4.9% | |
| 6 | Philadelphia County, PA | 11 | $8.2M | 4.2% | |
| 7 | Burlington County, NJ | 9 | $5.6M | 3.4% | |
| 8 | Cape May County, NJ | 8 | $12.9M | 3.0% | |
| 9 | Middlesex County, NJ | 8 | $8.2M | 3.0% | |
| 10 | Gloucester County, NJ | 8 | $6.9M | 3.0% | |
| 11 | Chester County, PA | 8 | $6.0M | 3.0% | |
| 12 | Delaware County, PA | 8 | $3.8M | 3.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 56 | 21.1% | |
| 2 | Retail Trade | 36 | 13.6% | |
| 3 | Other Services (except Public Administration) | 31 | 11.7% | |
| 4 | Professional, Scientific, and Technical Services | 22 | 8.3% | |
| 5 | Construction | 21 | 7.9% | |
| 6 | Health Care and Social Assistance | 21 | 7.9% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 19 | 7.2% | |
| 8 | Wholesale Trade | 17 | 6.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 44 | 16.6% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 12 | 4.5% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 12 | 4.5% | |
| 4 | Traveler AccommodationNAICS 7211 | 9 | 3.4% | |
| 5 | Other Personal ServicesNAICS 8129 | 7 | 2.6% | |
| 6 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 7 | 2.6% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 7 | 2.6% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 7 | 2.6% | |
| 9 | Other Schools and InstructionNAICS 6116 | 6 | 2.3% | |
| 10 | Building Material and Supplies DealersNAICS 4441 | 6 | 2.3% |
Approval sizes
- $50,000 or less7.9%21
- $50,001 to $150,00015.8%42
- $150,001 to $350,00022.3%59
- $350,001 to $1 million36.6%97
- $1 million to $2 million10.9%29
- Over $2 million6.4%17
Loan terms
- 5 years or less0.4%1
- Over 5 to 10 years65.7%174
- Over 10 to 20 years5.7%15
- Over 20 years28.3%75
Age of the businesses
- Existing, more than 2 years old50.9%135
- New business, 2 years or less20.0%53
- Startup, loan funds will open the business20.4%54
- Change of ownership8.7%23
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 179 | 67.5% | |
| 2 | SBA Express Program | 76 | 28.7% | |
| 3 | 7a General | 9 | 3.4% | |
| 4 | International Trade Loans | 1 | 0.4% |
Franchise share
12 of 265 approvals in FY2021–FY2025 (4.5%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Red Roof Inn | 3 | 1.1% | |
| 2 | Turning Point | 2 | 0.8% | |
| 3 | Crumbl | 2 | 0.8% | |
| 4 | Interim HealthCare | 1 | 0.4% | |
| 5 | Hounds Town USA | 1 | 0.4% | |
| 6 | Smash My Trash | 1 | 0.4% | |
| 7 | 911 Restoration | 1 | 0.4% | |
| 8 | Color Me Mine | 1 | 0.4% |
Questions and answers
How many SBA loans does Mid Penn Bank make?
SBA approved 22 7(a) loans through Mid Penn Bank in FY2025, worth $17.7M, and 265 over FY2021 to FY2025. That ranks 140th of 2,184 active 7(a) lenders by number of approvals.
How large are Mid Penn Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $415K and the average $658K. The program-wide median was $190K.
What is Mid Penn Bank's charge-off rate?
Of 424 disbursed loans approved in FY2010 to FY2021, SBA records 16 as charged off (3.8%), 301 as paid in full and 107 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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 Mid Penn Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (44); automotive repair and maintenance (12); services to buildings and dwellings (12); traveler accommodation (9).
Where does Mid Penn Bank make SBA loans?
In 9 states and territories. Pennsylvania 148, New Jersey 95, New York 10, North Carolina 4, Texas 2. In Pennsylvania it accounts for 1.4% of all 7(a) approvals.
Is Mid Penn Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 104, against 190 in the three before: falling (-45%).
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