States › Pennsylvania › FY2017
FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Pennsylvania, 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 2,176 loans in Pennsylvania: 2,064 under 7(a) and 112 under 504, worth $782M.
That is about level with FY2016, when there were 2,175 approvals worth $713M.
Pennsylvania accounted for 3.2% of the 68,648 approvals nationwide that year. 135 lenders had at least one approval in the state; TD Bank, National Association had the most, 246.
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 FY2017, of 135 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 246 | $24.0M | 11.3% | 98 | +148 |
| 2 | The Huntington National Bank | 7(a) | 228 | $49.2M | 10.5% | 236 | -8 |
| 3 | Manufacturers and Traders Trust Company | 7(a) | 189 | $26.2M | 8.7% | 270 | -81 |
| 4 | Citizens Bank, National Association | 7(a) | 183 | $30.0M | 8.4% | 227 | -44 |
| 5 | Wells Fargo Bank National Association | 7(a) | 97 | $14.5M | 4.5% | 199 | -102 |
| 6 | First Commonwealth Bank | 7(a) | 81 | $34.3M | 3.7% | 78 | +3 |
| 7 | Beacon Bank and Trust | 7(a) | 60 | $49.5M | 2.8% | 48 | +12 |
| 8 | Wilmington Savings Fund Society FSB | 7(a) | 57 | $32.2M | 2.6% | 40 | +17 |
| 9 | PNC Bank, National Association | 7(a) | 54 | $7.1M | 2.5% | 59 | -5 |
| 10 | Northwest Bank | 7(a) | 54 | $3.8M | 2.5% | 8 | +46 |
| 11 | Santander Bank, National Association | 7(a) | 51 | $5.2M | 2.3% | 41 | +10 |
| 12 | Fulton Bank, National Association | 7(a) | 48 | $51.5M | 2.2% | 46 | +2 |
| 13 | Celtic Bank Corporation | 7(a) | 47 | $9.7M | 2.2% | 31 | +16 |
| 14 | Mid Penn Bank | 7(a) | 43 | $12.9M | 2.0% | 34 | +9 |
| 15 | Customers Bank | 7(a) | 35 | $18.9M | 1.6% | 38 | -3 |
| 16 | BayFirst National Bank | 7(a) | 34 | $6.7M | 1.6% | 24 | +10 |
| 17 | KeyBank National Association | 7(a) | 32 | $14.8M | 1.5% | 39 | -7 |
| 18 | Empire State Certified Development Corporation | 504 | 28 | $18.1M | 1.3% | 24 | +4 |
| 19 | Regional Development Funding Corporation | 504 | 26 | $26.0M | 1.2% | 10 | +16 |
| 20 | Citizens & Northern Bank | 7(a) | 23 | $2.8M | 1.1% | 21 | +2 |
| 21 | Community First Capital Corp | 7(a) | 22 | $3.0M | 1.0% | 33 | -11 |
| 22 | Live Oak Banking Company | 7(a) | 20 | $16.7M | 0.9% | 25 | -5 |
| 23 | Peoples Security Bank and Trust Company | 7(a) | 19 | $4.4M | 0.9% | 12 | +7 |
| 24 | Independence Bank | 7(a) | 19 | $2.1M | 0.9% | 2 | +17 |
| 25 | The Bank of Princeton | 7(a) | 18 | $24.6M | 0.8% | 6 | +12 |
| 26 | Orrstown Bank | 7(a) | 18 | $5.9M | 0.8% | 6 | +12 |
| 27 | Stearns Bank National Association | 7(a) | 17 | $5.8M | 0.8% | 25 | -8 |
| 28 | EDC Finance Corporation | 504 | 16 | $14.0M | 0.7% | 15 | +1 |
| 29 | Newtek Small Business Finance, Inc. | 7(a) | 16 | $13.3M | 0.7% | 21 | -5 |
| 30 | Enterprise Bank | 7(a) | 16 | $11.6M | 0.7% | 11 | +5 |
| 31 | Fidelity Deposit and Discount Bank | 7(a) | 16 | $7.1M | 0.7% | 23 | -7 |
| 32 | First National Bank of Pennsylvania | 7(a) | 15 | $6.7M | 0.7% | 35 | -20 |
| 33 | Firstrust Savings Bank | 7(a) | 14 | $14.3M | 0.6% | 20 | -6 |
| 34 | United Bank of Philadelphia | 7(a) | 14 | $12.0M | 0.6% | 12 | +2 |
| 35 | Northeast Bank | 7(a) | 14 | $3.7M | 0.6% | 6 | +8 |
| 36 | Univest Bank and Trust Co | 7(a) | 14 | $2.0M | 0.6% | 13 | +1 |
| 37 | South Eastern Economic Development Company of Pennsylvania | 504 | 13 | $16.0M | 0.6% | 22 | -9 |
| 38 | Woori America Bank | 7(a) | 11 | $4.0M | 0.5% | 10 | +1 |
| 39 | Dollar Bank, A Federal Savings Bank | 7(a) | 10 | $1.1M | 0.5% | 26 | -16 |
| 40 | QNB Bank | 7(a) | 9 | $3.6M | 0.4% | 12 | -3 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Allegheny County | 276 | $78.1M | 12.7% | 251 | +25 |
| 2 | Philadelphia County | 262 | $74.7M | 12.0% | 236 | +26 |
| 3 | Montgomery County | 214 | $72.4M | 9.8% | 227 | -13 |
| 4 | Bucks County | 169 | $68.7M | 7.8% | 150 | +19 |
| 5 | Delaware County | 138 | $54.8M | 6.3% | 108 | +30 |
| 6 | Chester County | 127 | $41.5M | 5.8% | 147 | -20 |
| 7 | Lancaster County | 84 | $42.0M | 3.9% | 90 | -6 |
| 8 | Berks County | 69 | $25.9M | 3.2% | 102 | -33 |
| 9 | York County | 65 | $29.2M | 3.0% | 72 | -7 |
| 10 | Lehigh County | 60 | $22.2M | 2.8% | 48 | +12 |
| 11 | Dauphin County | 55 | $22.8M | 2.5% | 61 | -6 |
| 12 | Cumberland County | 47 | $23.1M | 2.2% | 58 | -11 |
| 13 | Northampton County | 40 | $15.6M | 1.8% | 35 | +5 |
| 14 | Butler County | 38 | $12.3M | 1.7% | 43 | -5 |
| 15 | Lackawanna County | 37 | $12.0M | 1.7% | 47 | -10 |
| 16 | Erie County | 35 | $10.5M | 1.6% | 21 | +14 |
| 17 | Beaver County | 35 | $10.7M | 1.6% | 37 | -2 |
| 18 | Westmoreland County | 34 | $7.0M | 1.6% | 53 | -19 |
| 19 | Luzerne County | 33 | $5.8M | 1.5% | 51 | -18 |
| 20 | Washington County | 30 | $14.9M | 1.4% | 50 | -20 |
| 21 | Lawrence County | 24 | $6.9M | 1.1% | 20 | +4 |
| 22 | Mercer County | 21 | $13.5M | 1.0% | 16 | +5 |
| 23 | Monroe County | 19 | $11.7M | 0.9% | 22 | -3 |
| 24 | Lycoming County | 18 | $8.1M | 0.8% | 4 | +14 |
| 25 | Franklin County | 17 | $4.2M | 0.8% | 18 | -1 |
| 26 | Schuylkill County | 16 | $3.1M | 0.7% | 14 | +2 |
| 27 | Northumberland County | 16 | $8.5M | 0.7% | 14 | +2 |
| 28 | Blair County | 13 | $2.2M | 0.6% | 17 | -4 |
| 29 | Centre County | 12 | $3.6M | 0.6% | 13 | -1 |
| 30 | Tioga County | 12 | $1.5M | 0.6% | 5 | +7 |
| 31 | Adams County | 10 | $562K | 0.5% | 11 | -1 |
| 32 | Fayette County | 9 | $5.1M | 0.4% | 6 | +3 |
| 33 | Wayne County | 9 | $2.5M | 0.4% | 10 | -1 |
| 34 | Montour County | 9 | $6.7M | 0.4% | 1 | +8 |
| 35 | Bedford County | 9 | $7.8M | 0.4% | 4 | +5 |
| 36 | Pike County | 8 | $5.8M | 0.4% | 3 | +5 |
| 37 | Union County | 8 | $10.4M | 0.4% | 4 | +4 |
| 38 | Potter County | 7 | $375K | 0.3% | 2 | +5 |
| 39 | Cambria County | 7 | $4.5M | 0.3% | 6 | +1 |
| 40 | Bradford County | 7 | $1.5M | 0.3% | 12 | -5 |
The 40 counties with the most approvals; every county is on the Pennsylvania page.
FY2017 against FY2016
| Pennsylvania | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 2,064 | 2,079 |
| 7(a) dollars | $689M | $638M |
| Median 7(a) approval | $100K | $100K |
| 504 approvals | 112 | 96 |
| 504 dollars | $93.3M | $74.9M |
| Jobs supported, as reported | 20,726 | 20,759 |
Questions and answers
Which lenders made the most SBA loans in Pennsylvania in FY2017?
TD Bank, National Association (246), The Huntington National Bank (228), Manufacturers and Traders Trust Company (189), Citizens Bank, National Association (183), Wells Fargo Bank National Association (97). 135 lenders had at least one approval.
How many SBA loans were approved in Pennsylvania in FY2017?
2,176: 2,064 under 7(a) worth $689M and 112 under 504 worth $93.3M.
Which Pennsylvania counties had the most SBA approvals in FY2017?
Allegheny County (276), Philadelphia County (262), Montgomery County (214), Bucks County (169), Delaware County (138).
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