SBA Ledger

States › Pennsylvania

State3.3% of US approvals244 lenders active

SBA loans in Pennsylvania

7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.

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.

Businesses in Pennsylvania received 11,283 SBA loan approvals worth $5.44bn in FY2021 to FY2025, 10,547 of them 7(a) loans and 736 504 loans.

That is 36.7 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 3.3% of all approvals in the country (8th of 54 states and territories).

In FY2025 there were 2,831 approvals totalling $1.35bn, up 11% on FY2024. The median 7(a) approval over the five years was $150K and the median 504 approval $607K.

244 lenders had at least one approval in the state; by number of 7(a) approvals the most active were The Huntington National Bank (1,537), TD Bank, National Association (1,130) and Manufacturers and Traders Trust Company (994).

Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 5.9% as charged off, against 6.6% nationally.

2,831approvals, FY202511,283 in FY2021–FY2025
$1.35bnapproved, FY2025$5.44bn in FY2021–FY2025
36.7approvals per 1,000 establishments, FY2021–FY2025US: 41.0
$150Kmedian 7(a) approvalUS: $190K
5.9%7(a) loans approved FY2010–FY2021 charged offUS: 6.6%

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.

Most active 7(a) lenders in Pennsylvania

Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.

#LenderApprovals in PA, FY2021–25DollarsShareMedian approval, all statesFY2016–26Charged off, FY2010–21 loans
1The Huntington National BankColumbus, OH1,537$311M14.6%$92K5.7%
2TD Bank, National AssociationWilmington, DE1,130$144M10.7%$50K14.4%
3Manufacturers and Traders Trust CompanyBuffalo, NY994$130M9.4%$50K8.0%
4KeyBank National AssociationCleveland, OH352$80.4M3.3%$75K4.3%
5First Commonwealth BankIndiana, PA344$229M3.3%$420K3.9%
6Northeast BankLewiston, ME341$51.0M3.2%$106K12.8%
7Meridian BankMalvern, PA324$294M3.1%$525K2.8%
8Northwest BankWarren, PA322$95.5M3.1%$150K1.8%
9PNC Bank, National AssociationWilmington, DE304$86.5M2.9%$50K8.1%
10Wilmington Savings Fund Society FSBWilmington, DE283$234M2.7%$500K5.9%
11Newtek Bank, National AssociationMiami, FL271$131M2.6%$225K—
12BayFirst National BankSaint Petersburg, FL261$43.3M2.5%$150K19.2%
13Live Oak Banking CompanyWilmington, NC222$271M2.1%$850K2.2%
14Wells Fargo Bank National AssociationSioux Falls, SD216$27.6M2.0%$15K7.9%
15Readycap Lending, LLCBerkeley Heights, NJ203$64.8M1.9%$138K4.3%
16Beacon Bank and TrustBrookline, MA178$180M1.7%$630K4.6%
17Univest Bank and Trust CoSouderton, PA162$118M1.5%$350K6.7%
18Fulton Bank, National AssociationLancaster, PA157$143M1.5%$465K6.5%
19Mid Penn BankMillersburg, PA148$90.2M1.4%$415K3.8%
20First National Bank of PennsylvaniaGreenville, PA135$109M1.3%$621K9.2%
21PS BankWyalusing, PA128$20.7M1.2%$66K0.0%
22Newtek Small Business Finance, Inc.Lake Success, NY127$84.2M1.2%$300K6.8%
23United Midwest Savings Bank National AssociationDe Graff, OH114$49.2M1.1%$150K15.9%
24Firstrust Savings BankConshohocken, PA108$110M1.0%$823K1.3%
25Enterprise BankAllison Park, PA94$63.0M0.9%$410K5.0%
26Celtic Bank CorporationSalt Lake City, UT93$66.6M0.9%$150K17.0%
27Fidelity Deposit and Discount BankDunmore, PA74$24.2M0.7%$269K7.3%
28Community First Capital CorpLancaster, PA62$9.8M0.6%$73K5.0%
29Citizens Bank, National AssociationProvidence, RI59$42.9M0.6%$350K4.0%
30First Bank of the LakeOsage Beach, MO57$43.6M0.5%$350K2.7%
31NEPA Alliance Business Finance CorporationPittston, PA56$8.4M0.5%$139K—
32Quaint Oak BankSouthampton, PA55$43.0M0.5%$465K3.8%
33Orrstown BankHarrisburg, PA55$25.0M0.5%$250K5.2%
34Lendistry SBLC, LLCLos Angeles, CA53$15.7M0.5%$150K22.7%
35Bank of America, National AssociationCharlotte, NC48$40.9M0.5%$300K2.6%
36Woori America BankNew York, NY46$32.5M0.4%$500K3.7%
37InFirst BankIndiana, PA45$7.4M0.4%$112K0.0%
38JPMorgan Chase Bank, National AssociationColumbus, OH44$8.8M0.4%$200K7.4%
39Customers BankMalvern, PA39$42.0M0.4%$500K6.8%
40Peoples Security Bank and Trust CompanyScranton, PA38$26.5M0.4%$350K6.8%

504 certified development companies

#LenderApprovals in PA, FY2021–25DollarsShareMedian approval, all statesFY2016–26Charged off, FY2010–21 loans
1Empire State Certified Development CorporationLatham, NY · 504 CDC219$241M29.8%$716K2.2%
2South Eastern Economic Development Company of PennsylvaniaExton, PA · 504 CDC173$161M23.5%$642K3.3%
3Regional Development Funding CorporationPittsburgh, PA · 504 CDC106$78.2M14.4%$505K3.1%
4NEPA Alliance Business Finance CorporationPittston, PA · 504 CDC104$92.0M14.1%$406K0.0%
5EDC Finance CorporationLancaster, PA · 504 CDC38$45.5M5.2%$819K0.0%
6SEDA-COG Local Development CorporationLewisburg, PA · 504 CDC33$32.8M4.5%$520K6.8%
7Trenton Business Assistance CorporationPrinceton, NJ · 504 CDC30$50.5M4.1%$1.1M0.7%
8Northeastern Economic Development Company of PA-CDC, Inc.Dunmore, PA · 504 CDC20$14.7M2.7%$547K12.8%
9Altoona-Blair County Development CorporationAltoona, PA · 504 CDC6$2.6M0.8%$351K—
10The Pennsylvania Community Development and Finance CorporationReading, PA · 504 CDC4$12.9M0.5%$3.4M4.7%
11AMPAC Tri-State CDC, Inc.Ontario, CA · 504 CDC1—0.1%$773K0.7%
12Valley Economic Development Partners, Inc.Youngstown, OH · 504 CDC1—0.1%$279K1.1%

Fiscal-year ledger

Fiscal year7(a) approvals7(a) dollarsMedian 7(a)504 approvals504 dollarsAll approvalsJobs supported, as reported
FY2026*1,382$652M$180K78$86.0M1,46014,910
FY20252,701$1.19bn$150K130$162M2,83129,554
FY20242,452$932M$119K90$78.5M2,54223,154
FY20232,034$766M$100K128$144M2,16223,298
FY20221,740$835M$150K201$196M1,94120,360
FY20211,620$978M$252K187$158M1,80720,064
FY20201,276$587M$158K127$108M1,40314,040
FY20191,757$629M$135K107$86.7M1,86418,904
FY20182,109$819M$100K90$81.5M2,19921,583
FY20172,064$689M$100K112$93.3M2,17620,726
FY20162,079$638M$100K96$74.9M2,17520,759

7(a) approvals504 approvals

919293949596979899000102030405060708091011121314151617181920212223242526
SBA approvals in Pennsylvania by fiscal year, FY1991 to FY2026.

Counties

Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.

#CountyApprovalsDollarsEstablishmentsPer 1,000 establishmentsBy fiscal year
1Allegheny County1,413$607M33,81241.8
2Philadelphia County1,241$535M29,46042.1
3Montgomery County1,137$626M26,71142.6
4Bucks County813$455M20,04340.6
5Delaware County611$307M13,16546.4
6Chester County565$340M15,10237.4
7Lancaster County390$240M13,77628.3
8York County366$143M8,84041.4
9Berks County318$181M8,52137.3
10Lehigh County313$158M8,68136.1
11Westmoreland County291$137M8,42834.5
12Butler County289$136M5,08356.9
13Lackawanna County273$95.0M5,19852.5
14Northampton County255$121M6,52939.1
15Washington County251$109M5,34047.0
16Luzerne County231$108M7,21232.0
17Beaver County220$79.5M3,32766.1
18Dauphin County203$137M6,95129.2
19Cumberland County203$115M6,53431.1
20Erie County179$60.6M6,10329.3
21Lawrence County119$22.8M1,86563.8
22Monroe County112$76.3M3,52731.8
23Mercer County108$29.3M2,61141.4
24Centre County83$36.6M3,34424.8
25Lycoming County83$34.1M2,74430.2
26Adams County82$39.2M1,96741.7
27Schuylkill County79$32.2M2,70529.2
28Blair County63$35.4M3,17819.8
29Lebanon County58$25.0M2,81120.6
30Franklin County54$31.9M3,11117.4
31Fayette County49$22.5M2,48519.7
32Bradford County48$15.3M1,33436.0
33Wayne County47$25.6M1,35534.7
34Carbon County42$14.2M1,20534.9
35Wyoming County41$10.1M63364.8
36Crawford County40$16.5M1,92120.8
37Northumberland County40$24.2M1,61124.8
38Columbia County38$19.3M1,42826.6
39Somerset County38$29.8M1,64723.1
40Indiana County38$24.6M1,77421.4
41Clearfield County37$19.6M1,91019.4
42Pike County30$10.4M99530.2
43Union County30$5.7M96031.3
44Jefferson County28$14.4M1,11325.2
45Susquehanna County25$10.9M85529.2
46Clinton County24$6.9M80130.0
47Cambria County23$8.4M2,9967.7
48Greene County22$7.7M68632.1
49Armstrong County21$8.7M1,28816.3
50McKean County21$5.1M93322.5
51Tioga County20$9.3M86823.0
52Elk County20$8.8M89822.3
53Venango County19$5.3M1,13416.8
54Snyder County17$12.2M90018.9
55Warren County16$2.3M83719.1
56Bedford County16$9.2M1,08014.8
57Potter County15$2.5M34443.6
58Perry County14$5.7M78917.7
59Clarion County13$10.5M95813.6
60Huntingdon County12$3.5M84114.3
61Mifflin County10$4.6M1,0159.9
62Sullivan County8$5.4M15651.3
63Montour County7$1.5M45615.4
64Fulton County7$351K25127.9
65Forest County2—9521.1
66Juniata County1—5161.9
67Cameron County1—1168.6

Industries

#Industry group (NAICS 4-digit)ApprovalsDollarsShare
1Restaurants and Other Eating PlacesNAICS 72251,104$482M9.8%
2Services to Buildings and DwellingsNAICS 5617437$105M3.9%
3General Freight TruckingNAICS 4841414$64.3M3.7%
4Building Equipment ContractorsNAICS 2382404$161M3.6%
5Personal Care ServicesNAICS 8121383$79.2M3.4%
6Residential Building ConstructionNAICS 2361382$68.9M3.4%
7Automotive Repair and MaintenanceNAICS 8111368$182M3.3%
8Offices of Other Health PractitionersNAICS 6213329$95.3M2.9%
9Other Amusement and Recreation IndustriesNAICS 7139318$185M2.8%
10Other Specialty Trade ContractorsNAICS 2389290$122M2.6%
11Child Day Care ServicesNAICS 6244233$169M2.1%
12Management, Scientific, and Technical Consulting ServicesNAICS 5416224$67.6M2.0%
13Other Personal ServicesNAICS 8129184$72.4M1.6%
14Foundation, Structure, and Building Exterior ContractorsNAICS 2381184$52.0M1.6%
15Building Finishing ContractorsNAICS 2383182$46.1M1.6%

Sectors

#NAICS sectorApprovalsShare
1Construction1,58214.0%
2Accommodation and Food Services1,48313.1%
3Retail Trade1,26211.2%
4Other Services (except Public Administration)1,16910.4%
5Health Care and Social Assistance1,0018.9%
6Professional, Scientific, and Technical Services9568.5%
7Manufacturing8437.5%
8Administrative and Support and Waste Management and Remediation Services6976.2%
9Transportation and Warehousing6715.9%
10Wholesale Trade4213.7%

Franchise brands

#BrandApprovalsShare
1The UPS Store570.5%
2Rita's Ice-Custard-Happiness250.2%
3The Goddard School150.1%
4Tropical Smoothie Cafe130.1%
5PrimoHoagies130.1%
6Kiddie Academy120.1%
7Budget Blinds120.1%
8Nothing Bundt Cakes110.1%
9Subway110.1%
10Servpro100.1%

How earlier loans turned out

Pennsylvania, 7(a)5.9%
United States, 7(a)6.6%
Pennsylvania, 5043.2%
United States, 5041.2%
Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off, by program.
Loans approved FY2010–FY2021PA 7(a)US 7(a)PA 504US 504
Approvals in these years20,449639,9051,38785,591
Cancelled or never disbursed2,85379,31323612,514
Disbursed loans17,596560,5921,15173,077
Paid in full13,626435,81345735,491
Charged off1,04036,89137905
Still outstanding (status exempt from disclosure)2,93087,88865736,681
Charged off, share of disbursed loans5.9%6.6%3.2%1.2%
Dollars charged off, share of disbursed dollars2.6%2.5%1.9%0.9%
Dollars charged off$171M$5.70bn$17.3M$499M

Approval sizes

Age of the businesses

Against the country

FY2021–FY2025PennsylvaniaUnited States
Approvals per 1,000 establishments36.741.0
Median 7(a) approval$150K$190K
Median 504 approval$607K$657K
504 share of approvals6.5%11.0%
Jobs supported per approval, as reported10.310.5
Approvals, change on FY2016–FY202015%10%

Questions and answers

Which lenders make the most SBA loans in Pennsylvania?

By 7(a) approvals in FY2021 to FY2025: The Huntington National Bank (1,537), TD Bank, National Association (1,130), Manufacturers and Traders Trust Company (994), KeyBank National Association (352), First Commonwealth Bank (344). For 504 loans: Empire State Certified Development Corporation (219), South Eastern Economic Development Company of Pennsylvania (173), Regional Development Funding Corporation (106). Volume says how active a lender is, nothing about terms or service.

How large are typical SBA loans in Pennsylvania?

The median 7(a) approval was $150K and the median 504 approval $607K; the average across both programs was $482K.

Which industries get the most SBA loans in Pennsylvania?

Restaurants and Other Eating Places (1,104); Services to Buildings and Dwellings (437); General Freight Trucking (414); Building Equipment Contractors (404); Personal Care Services (383).

Which Pennsylvania counties receive the most SBA loans?

Allegheny County (1,413), Philadelphia County (1,241), Montgomery County (1,137), Bucks County (813), Delaware County (611), by approvals in FY2021 to FY2025.

Is SBA lending in Pennsylvania rising?

Approvals in the three latest complete fiscal years total 7,535, against 5,151 in the three before: rising (+46%).

What share of SBA loans in Pennsylvania are charged off?

Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 5.9% are recorded as charged off (national: 6.6%); for 504 loans the figure is 3.2% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.

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. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error