SBA Ledger

States › Delaware › FY2021

FY20211 Oct 2020 – 30 Sep 2021

SBA loans in Delaware, FY2021

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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 146 loans in Delaware: 140 under 7(a) and 6 under 504, worth $66.5M.

That is up 11% on FY2020, when there were 132 approvals worth $63.8M.

Delaware accounted for 0.2% of the 61,532 approvals nationwide that year. 32 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 47.

146approvalsFY2020: 132
$66.5Mdollars approvedFY2020: $63.8M
$150Kmedian 7(a) approvalFY2020: $110K
32lenders with an approval
1,584jobs 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 32 lenders with the most approvals to Delaware businesses in FY2021, of 32 active.

#LenderProgramApprovalsDollarsShare of stateFY2020Change
1Manufacturers and Traders Trust Company7(a)47$5.8M32.2%45+2
2Wilmington Savings Fund Society FSB7(a)18$12.6M12.3%9+9
3TD Bank, National Association7(a)14$2.0M9.6%11+3
4Wells Fargo Bank National Association7(a)7$1.2M4.8%12-5
5Grow America Fund, Incorporated7(a)5$6.0M3.4%2+3
6Beacon Bank and Trust7(a)5$3.6M3.4%50
7Newtek Small Business Finance, Inc.7(a)4$2.9M2.7%1+3
8PNC Bank, National Association7(a)4$776K2.7%40
9Meridian Bank7(a)3$3.9M2.1%0new
10Fulton Bank, National Association7(a)3$2.8M2.1%7-4
11True Access Capital Corporation7(a)3$478K2.1%2+1
12United Midwest Savings Bank National Association7(a)3$322K2.1%1+2
13PlainsCapital Bank7(a)2—1.4%0new
14HomeTrust Bank7(a)2—1.4%0new
15True Access Capital Corporation5042—1.4%0new
16Pathward National Association7(a)2—1.4%0new
17Delaware Community Development Corporation5042—1.4%7-5
18Readycap Lending, LLC7(a)2—1.4%1+1
19Mid Penn Bank7(a)2—1.4%0new
20Live Oak Banking Company7(a)2—1.4%6-4
21United Community Bank7(a)2—1.4%20
22Five Star Bank7(a)2—1.4%0new
23South Eastern Economic Development Company of Pennsylvania5041—0.7%0new
24Centerstone SBA Lending, Inc.7(a)1—0.7%0new
25Chesapeake Business Finance Corporation5041—0.7%0new
26JPMorgan Chase Bank, National Association7(a)1—0.7%0new
27First National Bank of Pennsylvania7(a)1—0.7%0new
28Univest Bank and Trust Co7(a)1—0.7%0new
29Capital Bank, National Association7(a)1—0.7%0new
30The Bancorp Bank National Association7(a)1—0.7%0new
31The Huntington National Bank7(a)1—0.7%10
32KeyBank National Association7(a)1—0.7%10

Approvals by county

#CountyApprovalsDollarsShare of stateFY2020Change
1New Castle County81$50.3M55.5%75+6
2Sussex County46$13.0M31.5%40+6
3Kent County19$3.3M13.0%17+2

FY2021 against FY2020

DelawareFY2021FY2020
7(a) approvals140125
7(a) dollars$58.5M$61.0M
Median 7(a) approval$150K$110K
504 approvals67
504 dollars$8.0M$2.8M
Jobs supported, as reported1,5841,531

Questions and answers

Which lenders made the most SBA loans in Delaware in FY2021?

Manufacturers and Traders Trust Company (47), Wilmington Savings Fund Society FSB (18), TD Bank, National Association (14), Wells Fargo Bank National Association (7), Grow America Fund, Incorporated (5). 32 lenders had at least one approval.

How many SBA loans were approved in Delaware in FY2021?

146: 140 under 7(a) worth $58.5M and 6 under 504 worth $8.0M.

Which Delaware counties had the most SBA approvals in FY2021?

New Castle County (81), Sussex County (46), Kent County (19).

When does FY2021 start and end?

The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.

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