States › Pennsylvania › FY2016
FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Pennsylvania, FY2016
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 FY2016 (1 October 2015 to 30 September 2016) SBA approved 2,175 loans in Pennsylvania: 2,079 under 7(a) and 96 under 504, worth $713M.
That is up 8% on FY2015, when there were 2,023 approvals worth $703M.
Pennsylvania accounted for 3.1% of the 70,012 approvals nationwide that year. 117 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 270.
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 Pennsylvania businesses in FY2016, of 117 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company | 7(a) | 270 | $32.8M | 12.4% | 220 | +50 |
| 2 | The Huntington National Bank | 7(a) | 236 | $48.3M | 10.9% | 292 | -56 |
| 3 | Citizens Bank, National Association | 7(a) | 227 | $27.6M | 10.4% | 179 | +48 |
| 4 | Wells Fargo Bank National Association | 7(a) | 199 | $31.4M | 9.1% | 169 | +30 |
| 5 | TD Bank, National Association | 7(a) | 98 | $20.3M | 4.5% | 91 | +7 |
| 6 | First Commonwealth Bank | 7(a) | 78 | $45.1M | 3.6% | 59 | +19 |
| 7 | PNC Bank, National Association | 7(a) | 59 | $11.0M | 2.7% | 65 | -6 |
| 8 | Beacon Bank and Trust | 7(a) | 48 | $38.3M | 2.2% | 30 | +18 |
| 9 | Fulton Bank, National Association | 7(a) | 46 | $38.6M | 2.1% | 37 | +9 |
| 10 | Santander Bank, National Association | 7(a) | 41 | $2.9M | 1.9% | 61 | -20 |
| 11 | Wilmington Savings Fund Society FSB | 7(a) | 40 | $29.1M | 1.8% | 42 | -2 |
| 12 | KeyBank National Association | 7(a) | 39 | $6.3M | 1.8% | 45 | -6 |
| 13 | Customers Bank | 7(a) | 38 | $14.9M | 1.7% | 35 | +3 |
| 14 | First National Bank of Pennsylvania | 7(a) | 35 | $14.2M | 1.6% | 45 | -10 |
| 15 | Mid Penn Bank | 7(a) | 34 | $9.2M | 1.6% | 22 | +12 |
| 16 | Community First Capital Corp | 7(a) | 33 | $3.8M | 1.5% | 23 | +10 |
| 17 | Celtic Bank Corporation | 7(a) | 31 | $3.4M | 1.4% | 46 | -15 |
| 18 | Dollar Bank, A Federal Savings Bank | 7(a) | 26 | $2.1M | 1.2% | 18 | +8 |
| 19 | Live Oak Banking Company | 7(a) | 25 | $31.5M | 1.1% | 31 | -6 |
| 20 | Stearns Bank National Association | 7(a) | 25 | $8.1M | 1.1% | 19 | +6 |
| 21 | Empire State Certified Development Corporation | 504 | 24 | $20.2M | 1.1% | 18 | +6 |
| 22 | SandT Bank | 7(a) | 24 | $8.9M | 1.1% | 13 | +11 |
| 23 | BayFirst National Bank | 7(a) | 24 | $4.5M | 1.1% | 3 | +21 |
| 24 | Fidelity Deposit and Discount Bank | 7(a) | 23 | $9.0M | 1.1% | 15 | +8 |
| 25 | South Eastern Economic Development Company of Pennsylvania | 504 | 22 | $18.6M | 1.0% | 12 | +10 |
| 26 | Newtek Small Business Finance, Inc. | 7(a) | 21 | $11.2M | 1.0% | 16 | +5 |
| 27 | Citizens & Northern Bank | 7(a) | 21 | $4.3M | 1.0% | 32 | -11 |
| 28 | Firstrust Savings Bank | 7(a) | 20 | $11.4M | 0.9% | 21 | -1 |
| 29 | EDC Finance Corporation | 504 | 15 | $10.0M | 0.7% | 10 | +5 |
| 30 | CNB Bank | 7(a) | 14 | $4.2M | 0.6% | 14 | 0 |
| 31 | Univest Bank and Trust Co | 7(a) | 13 | $1.7M | 0.6% | 19 | -6 |
| 32 | United Bank of Philadelphia | 7(a) | 12 | $11.8M | 0.6% | 10 | +2 |
| 33 | QNB Bank | 7(a) | 12 | $4.2M | 0.6% | 3 | +9 |
| 34 | PS Bank | 7(a) | 12 | $3.2M | 0.6% | 0 | new |
| 35 | Peoples Security Bank and Trust Company | 7(a) | 12 | $2.5M | 0.6% | 27 | -15 |
| 36 | Enterprise Bank | 7(a) | 11 | $7.6M | 0.5% | 26 | -15 |
| 37 | Regional Development Funding Corporation | 504 | 10 | $5.7M | 0.5% | 10 | 0 |
| 38 | Woori America Bank | 7(a) | 10 | $4.6M | 0.5% | 7 | +3 |
| 39 | First Bank | 7(a) | 9 | $3.8M | 0.4% | 11 | -2 |
| 40 | NBT Bank, National Association | 7(a) | 8 | $2.8M | 0.4% | 9 | -1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Allegheny County | 251 | $71.6M | 11.5% | 315 | -64 |
| 2 | Philadelphia County | 236 | $80.4M | 10.9% | 226 | +10 |
| 3 | Montgomery County | 227 | $85.3M | 10.4% | 169 | +58 |
| 4 | Bucks County | 150 | $48.5M | 6.9% | 163 | -13 |
| 5 | Chester County | 147 | $64.7M | 6.8% | 125 | +22 |
| 6 | Delaware County | 108 | $35.8M | 5.0% | 93 | +15 |
| 7 | Berks County | 102 | $24.1M | 4.7% | 68 | +34 |
| 8 | Lancaster County | 90 | $33.2M | 4.1% | 77 | +13 |
| 9 | York County | 72 | $18.4M | 3.3% | 66 | +6 |
| 10 | Dauphin County | 61 | $20.5M | 2.8% | 46 | +15 |
| 11 | Cumberland County | 58 | $19.7M | 2.7% | 27 | +31 |
| 12 | Westmoreland County | 53 | $16.3M | 2.4% | 48 | +5 |
| 13 | Luzerne County | 51 | $16.1M | 2.3% | 24 | +27 |
| 14 | Washington County | 50 | $13.1M | 2.3% | 27 | +23 |
| 15 | Lehigh County | 48 | $15.0M | 2.2% | 64 | -16 |
| 16 | Lackawanna County | 47 | $15.3M | 2.2% | 45 | +2 |
| 17 | Butler County | 43 | $9.7M | 2.0% | 31 | +12 |
| 18 | Beaver County | 37 | $5.7M | 1.7% | 45 | -8 |
| 19 | Northampton County | 35 | $11.2M | 1.6% | 31 | +4 |
| 20 | Monroe County | 22 | $15.7M | 1.0% | 14 | +8 |
| 21 | Erie County | 21 | $5.6M | 1.0% | 28 | -7 |
| 22 | Lawrence County | 20 | $4.1M | 0.9% | 34 | -14 |
| 23 | Franklin County | 18 | $7.7M | 0.8% | 6 | +12 |
| 24 | Blair County | 17 | $1.2M | 0.8% | 13 | +4 |
| 25 | Mercer County | 16 | $1.1M | 0.7% | 26 | -10 |
| 26 | Schuylkill County | 14 | $2.3M | 0.6% | 11 | +3 |
| 27 | Northumberland County | 14 | $8.8M | 0.6% | 15 | -1 |
| 28 | Centre County | 13 | $4.2M | 0.6% | 14 | -1 |
| 29 | Bradford County | 12 | $761K | 0.6% | 11 | +1 |
| 30 | Adams County | 11 | $1.8M | 0.5% | 3 | +8 |
| 31 | Carbon County | 11 | $2.7M | 0.5% | 3 | +8 |
| 32 | Lebanon County | 11 | $8.2M | 0.5% | 6 | +5 |
| 33 | Wayne County | 10 | $9.1M | 0.5% | 7 | +3 |
| 34 | Clearfield County | 9 | $5.1M | 0.4% | 8 | +1 |
| 35 | Clinton County | 7 | $614K | 0.3% | 5 | +2 |
| 36 | Fayette County | 6 | $237K | 0.3% | 8 | -2 |
| 37 | Cambria County | 6 | $2.4M | 0.3% | 2 | +4 |
| 38 | McKean County | 6 | $465K | 0.3% | 5 | +1 |
| 39 | Susquehanna County | 6 | $2.6M | 0.3% | 4 | +2 |
| 40 | Columbia County | 5 | $3.2M | 0.2% | 4 | +1 |
The 40 counties with the most approvals; every county is on the Pennsylvania page.
FY2016 against FY2015
| Pennsylvania | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 2,079 | 1,945 |
| 7(a) dollars | $638M | $633M |
| Median 7(a) approval | $100K | $100K |
| 504 approvals | 96 | 78 |
| 504 dollars | $74.9M | $70.8M |
| Jobs supported, as reported | 20,759 | 19,389 |
Questions and answers
Which lenders made the most SBA loans in Pennsylvania in FY2016?
Manufacturers and Traders Trust Company (270), The Huntington National Bank (236), Citizens Bank, National Association (227), Wells Fargo Bank National Association (199), TD Bank, National Association (98). 117 lenders had at least one approval.
How many SBA loans were approved in Pennsylvania in FY2016?
2,175: 2,079 under 7(a) worth $638M and 96 under 504 worth $74.9M.
Which Pennsylvania counties had the most SBA approvals in FY2016?
Allegheny County (251), Philadelphia County (236), Montgomery County (227), Bucks County (150), Chester County (147).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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