SBA loans in Maryland, FY2017

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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 860 loans in Maryland: 832 under 7(a) and 28 under 504, worth $346M.

That is about level with FY2016, when there were 895 approvals worth $312M.

Maryland accounted for 1.3% of the 68,648 approvals nationwide that year. 68 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 305.

860approvalsFY2016: 895

$346Mdollars approvedFY2016: $312M

$150Kmedian 7(a) approvalFY2016: $100K

68lenders with an approval

9,085jobs 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 40 lenders with the most approvals to Maryland businesses in FY2017, of 68 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2016	Change
1	Manufacturers and Traders Trust Company	7(a)	305	$45.8M	35.5%	375	-70
2	Wells Fargo Bank National Association	7(a)	53	$17.5M	6.2%	116	-63
3	TD Bank, National Association	7(a)	53	$2.0M	6.2%	17	+36
4	PNC Bank, National Association	7(a)	34	$4.9M	4.0%	21	+13
5	Truist Bank	7(a)	33	$15.0M	3.8%	45	-12
6	First National Bank of Pennsylvania	7(a)	26	$12.9M	3.0%	14	+12
7	Atlantic Union Bank	7(a)	25	$9.6M	2.9%	21	+4
8	BayFirst National Bank	7(a)	21	$5.4M	2.4%	11	+10
9	Celtic Bank Corporation	7(a)	21	$3.7M	2.4%	23	-2
10	Live Oak Banking Company	7(a)	19	$32.6M	2.2%	14	+5
11	Independence Bank	7(a)	19	$2.4M	2.2%	7	+12
12	Business Finance Group, Inc.	504	18	$25.3M	2.1%	25	-7
13	EagleBank	7(a)	17	$10.2M	2.0%	14	+3
14	Stearns Bank National Association	7(a)	17	$5.1M	2.0%	11	+6
15	Fulton Bank, National Association	7(a)	16	$11.5M	1.9%	18	-2
16	PCB Bank	7(a)	11	$5.7M	1.3%	7	+4
17	Capital Bank, National Association	7(a)	11	$2.7M	1.3%	6	+5
18	Beacon Bank and Trust	7(a)	10	$8.3M	1.2%	7	+3
19	Chesapeake Business Finance Corporation	504	9	$10.8M	1.0%	11	-2
20	ACNB Bank	7(a)	8	$6.7M	0.9%	3	+5
21	Northeast Bank	7(a)	8	$620K	0.9%	1	+7
22	First Financial Bank	7(a)	7	$9.5M	0.8%	5	+2
23	United Community Bank	7(a)	7	$9.1M	0.8%	1	+6
24	Hanmi Bank	7(a)	7	$8.7M	0.8%	12	-5
25	Capital One National Association	7(a)	7	$2.8M	0.8%	15	-8
26	Bank Five Nine	7(a)	6	$8.8M	0.7%	6	0
27	Newtek Small Business Finance, Inc.	7(a)	6	$3.9M	0.7%	6	0
28	The Bancorp Bank National Association	7(a)	5	$3.9M	0.6%	2	+3
29	Wilmington Savings Fund Society FSB	7(a)	5	$2.2M	0.6%	1	+4
30	Orrstown Bank	7(a)	5	$2.2M	0.6%	0	new
31	Bank of America, National Association	7(a)	5	$1.9M	0.6%	0	new
32	Shore United Bank, National Association	7(a)	5	$1.3M	0.6%	1	+4
33	BankUnited, National Association	7(a)	4	$4.6M	0.5%	2	+2
34	Industrial Bank	7(a)	4	$1.2M	0.5%	2	+2
35	Simmons Bank	7(a)	4	$973K	0.5%	2	+2
36	Prince George's Financial Services Corporation	7(a)	4	$560K	0.5%	2	+2
37	First-Citizens Bank & Trust Company	7(a)	3	$2.2M	0.3%	0	new
38	Ameris Bank	7(a)	2	—	0.2%	1	+1
39	Legence Bank	7(a)	2	—	0.2%	0	new
40	Farmers & Merchants Bank	7(a)	2	—	0.2%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2016	Change
1	Montgomery County	159	$44.7M	18.5%	149	+10
2	Baltimore County	131	$56.6M	15.2%	136	-5
3	Anne Arundel County	95	$39.0M	11.0%	100	-5
4	Prince George's County	89	$54.3M	10.3%	88	+1
5	Baltimore city	85	$26.1M	9.9%	97	-12
6	Howard County	80	$26.4M	9.3%	78	+2
7	Harford County	41	$22.5M	4.8%	38	+3
8	Frederick County	39	$15.9M	4.5%	57	-18
9	Carroll County	37	$4.4M	4.3%	31	+6
10	Charles County	14	$6.1M	1.6%	13	+1
11	Washington County	14	$9.6M	1.6%	23	-9
12	Queen Anne's County	13	$8.2M	1.5%	9	+4
13	Wicomico County	11	$11.3M	1.3%	14	-3
14	Calvert County	10	$1.1M	1.2%	11	-1
15	Cecil County	8	$5.6M	0.9%	5	+3
16	St. Mary's County	7	$1.2M	0.8%	4	+3
17	Talbot County	6	$3.6M	0.7%	6	0
18	Somerset County	5	$450K	0.6%	0	new
19	Dorchester County	3	$1.8M	0.3%	5	-2
20	Garrett County	3	$375K	0.3%	8	-5
21	Caroline County	3	$3.4M	0.3%	2	+1
22	Worcester County	3	$2.2M	0.3%	9	-6
23	Allegany County	2	—	0.2%	9	-7
24	Kent County	2	—	0.2%	3	-1

FY2017 against FY2016

Maryland	FY2017	FY2016
7(a) approvals	832	859
7(a) dollars	$305M	$273M
Median 7(a) approval	$150K	$100K
504 approvals	28	36
504 dollars	$41.1M	$38.9M
Jobs supported, as reported	9,085	9,687

Questions and answers

Which lenders made the most SBA loans in Maryland in FY2017?

Manufacturers and Traders Trust Company (305), Wells Fargo Bank National Association (53), TD Bank, National Association (53), PNC Bank, National Association (34), Truist Bank (33). 68 lenders had at least one approval.

How many SBA loans were approved in Maryland in FY2017?

860: 832 under 7(a) worth $305M and 28 under 504 worth $41.1M.

Which Maryland counties had the most SBA approvals in FY2017?

Montgomery County (159), Baltimore County (131), Anne Arundel County (95), Prince George's County (89), Baltimore city (85).

When does FY2017 start and end?

The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.

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