SBA Ledger

States › Delaware › FY2019

FY20191 Oct 2018 – 30 Sep 2019

SBA loans in Delaware, FY2019

That fiscal year's approvals by lender and by county.

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.

In FY2019 (1 October 2018 to 30 September 2019) SBA approved 162 loans in Delaware: 158 under 7(a) and 4 under 504, worth $45.2M.

That is down 17% on FY2018, when there were 196 approvals worth $72.8M.

Delaware accounted for 0.3% of the 58,006 approvals nationwide that year. 33 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 50.

162approvalsFY2018: 196
$45.2Mdollars approvedFY2018: $72.8M
$88Kmedian 7(a) approvalFY2018: $88K
33lenders with an approval
1,313jobs supported, as reported

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.

Approvals by lender

The 33 lenders with the most approvals to Delaware businesses in FY2019, of 33 active.

#LenderProgramApprovalsDollarsShare of stateFY2018Change
1Manufacturers and Traders Trust Company7(a)50$4.4M30.9%58-8
2TD Bank, National Association7(a)41$3.6M25.3%44-3
3True Access Capital Corporation7(a)7$972K4.3%9-2
4Wells Fargo Bank National Association7(a)6$1.0M3.7%11-5
5First Financial Bank7(a)4$9.4M2.5%1+3
6Grow America Fund, Incorporated7(a)4$5.0M2.5%40
7Meridian Bank7(a)4$2.1M2.5%0new
8Wilmington Savings Fund Society FSB7(a)4$1.9M2.5%10-6
9Capital One National Association7(a)4$822K2.5%0new
10Delaware Community Development Corporation5043$2.5M1.9%6-3
11Beacon Bank and Trust7(a)3$1.9M1.9%5-2
12PNC Bank, National Association7(a)3$1.5M1.9%2+1
13The Huntington National Bank7(a)3$800K1.9%2+1
14Stearns Bank National Association7(a)3$400K1.9%0new
15Fulton Bank, National Association7(a)2—1.2%1+1
16KeyBank National Association7(a)2—1.2%0new
17BayFirst National Bank7(a)2—1.2%0new
18Capital Bank, National Association7(a)2—1.2%0new
19The Bancorp Bank National Association7(a)1—0.6%10
20Byline Bank7(a)1—0.6%0new
21True Access Capital Corporation5041—0.6%2-1
22Live Oak Banking Company7(a)1—0.6%2-1
23Five Star Bank7(a)1—0.6%10
24PromiseOne Bank7(a)1—0.6%2-1
25United Community Bank7(a)1—0.6%0new
26First National Bank of Pennsylvania7(a)1—0.6%10
27Newtek Small Business Finance, Inc.7(a)1—0.6%3-2
28JPMorgan Chase Bank, National Association7(a)1—0.6%0new
29Northeast Bank7(a)1—0.6%2-1
30United Midwest Savings Bank National Association7(a)1—0.6%3-2
31Tioga-Franklin Savings Bank7(a)1—0.6%0new
32Seacoast National Bank7(a)1—0.6%0new
33Red River State Bank7(a)1—0.6%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2018Change
1New Castle County90$21.6M55.6%127-37
2Sussex County45$17.0M27.8%450
3Kent County27$6.6M16.7%24+3

FY2019 against FY2018

DelawareFY2019FY2018
7(a) approvals158188
7(a) dollars$42.1M$67.1M
Median 7(a) approval$88K$88K
504 approvals48
504 dollars$3.1M$5.7M
Jobs supported, as reported1,3132,163

Questions and answers

Which lenders made the most SBA loans in Delaware in FY2019?

Manufacturers and Traders Trust Company (50), TD Bank, National Association (41), True Access Capital Corporation (7), Wells Fargo Bank National Association (6), First Financial Bank (4). 33 lenders had at least one approval.

How many SBA loans were approved in Delaware in FY2019?

162: 158 under 7(a) worth $42.1M and 4 under 504 worth $3.1M.

Which Delaware counties had the most SBA approvals in FY2019?

New Castle County (90), Sussex County (45), Kent County (27).

When does FY2019 start and end?

The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.

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