States › Pennsylvania › FY2018
FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Pennsylvania, FY2018
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 2,199 loans in Pennsylvania: 2,109 under 7(a) and 90 under 504, worth $900M.
That is about level with FY2017, when there were 2,176 approvals worth $782M.
Pennsylvania accounted for 3.3% of the 66,228 approvals nationwide that year. 122 lenders had at least one approval in the state; TD Bank, National Association had the most, 319.
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 FY2018, of 122 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 319 | $22.0M | 14.5% | 246 | +73 |
| 2 | Manufacturers and Traders Trust Company | 7(a) | 208 | $19.5M | 9.5% | 189 | +19 |
| 3 | The Huntington National Bank | 7(a) | 192 | $36.0M | 8.7% | 228 | -36 |
| 4 | Citizens Bank, National Association | 7(a) | 122 | $34.0M | 5.5% | 183 | -61 |
| 5 | PNC Bank, National Association | 7(a) | 91 | $25.4M | 4.1% | 54 | +37 |
| 6 | Wells Fargo Bank National Association | 7(a) | 78 | $14.4M | 3.5% | 97 | -19 |
| 7 | First Commonwealth Bank | 7(a) | 74 | $52.0M | 3.4% | 81 | -7 |
| 8 | Wilmington Savings Fund Society FSB | 7(a) | 69 | $51.6M | 3.1% | 57 | +12 |
| 9 | Beacon Bank and Trust | 7(a) | 64 | $56.2M | 2.9% | 60 | +4 |
| 10 | KeyBank National Association | 7(a) | 54 | $21.0M | 2.5% | 32 | +22 |
| 11 | Mid Penn Bank | 7(a) | 46 | $19.6M | 2.1% | 43 | +3 |
| 12 | Santander Bank, National Association | 7(a) | 45 | $10.8M | 2.0% | 51 | -6 |
| 13 | Newtek Small Business Finance, Inc. | 7(a) | 36 | $29.9M | 1.6% | 16 | +20 |
| 14 | Northwest Bank | 7(a) | 36 | $4.9M | 1.6% | 54 | -18 |
| 15 | Fulton Bank, National Association | 7(a) | 35 | $41.8M | 1.6% | 48 | -13 |
| 16 | Celtic Bank Corporation | 7(a) | 33 | $6.0M | 1.5% | 47 | -14 |
| 17 | Stearns Bank National Association | 7(a) | 32 | $11.0M | 1.5% | 17 | +15 |
| 18 | Empire State Certified Development Corporation | 504 | 29 | $26.5M | 1.3% | 28 | +1 |
| 19 | Orrstown Bank | 7(a) | 26 | $26.3M | 1.2% | 18 | +8 |
| 20 | Northeast Bank | 7(a) | 26 | $7.7M | 1.2% | 14 | +12 |
| 21 | Community First Capital Corp | 7(a) | 26 | $2.7M | 1.2% | 22 | +4 |
| 22 | BayFirst National Bank | 7(a) | 24 | $5.0M | 1.1% | 34 | -10 |
| 23 | First Bank | 7(a) | 23 | $28.8M | 1.0% | 3 | +20 |
| 24 | First National Bank of Pennsylvania | 7(a) | 23 | $9.0M | 1.0% | 15 | +8 |
| 25 | Independence Bank | 7(a) | 23 | $2.9M | 1.0% | 19 | +4 |
| 26 | Citizens & Northern Bank | 7(a) | 22 | $2.9M | 1.0% | 23 | -1 |
| 27 | The Bank of Princeton | 7(a) | 20 | $30.3M | 0.9% | 18 | +2 |
| 28 | Enterprise Bank | 7(a) | 19 | $10.6M | 0.9% | 16 | +3 |
| 29 | Peoples Security Bank and Trust Company | 7(a) | 19 | $10.1M | 0.9% | 19 | 0 |
| 30 | SandT Bank | 7(a) | 19 | $4.9M | 0.9% | 7 | +12 |
| 31 | Live Oak Banking Company | 7(a) | 16 | $20.7M | 0.7% | 20 | -4 |
| 32 | Customers Bank | 7(a) | 16 | $13.3M | 0.7% | 35 | -19 |
| 33 | Regional Development Funding Corporation | 504 | 14 | $10.4M | 0.6% | 26 | -12 |
| 34 | Univest Bank and Trust Co | 7(a) | 14 | $4.4M | 0.6% | 14 | 0 |
| 35 | United Midwest Savings Bank National Association | 7(a) | 14 | $2.0M | 0.6% | 8 | +6 |
| 36 | South Eastern Economic Development Company of Pennsylvania | 504 | 13 | $12.8M | 0.6% | 13 | 0 |
| 37 | Dollar Bank, A Federal Savings Bank | 7(a) | 13 | $1.0M | 0.6% | 10 | +3 |
| 38 | Firstrust Savings Bank | 7(a) | 10 | $5.4M | 0.5% | 14 | -4 |
| 39 | Five Star Bank | 7(a) | 10 | $2.1M | 0.5% | 0 | new |
| 40 | PS Bank | 7(a) | 10 | $803K | 0.5% | 7 | +3 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Philadelphia County | 250 | $90.6M | 11.4% | 262 | -12 |
| 2 | Allegheny County | 242 | $90.2M | 11.0% | 276 | -34 |
| 3 | Montgomery County | 229 | $77.8M | 10.4% | 214 | +15 |
| 4 | Bucks County | 197 | $88.9M | 9.0% | 169 | +28 |
| 5 | Chester County | 151 | $47.3M | 6.9% | 127 | +24 |
| 6 | Delaware County | 117 | $45.6M | 5.3% | 138 | -21 |
| 7 | Lancaster County | 91 | $51.7M | 4.1% | 84 | +7 |
| 8 | Berks County | 83 | $43.5M | 3.8% | 69 | +14 |
| 9 | York County | 73 | $29.3M | 3.3% | 65 | +8 |
| 10 | Lehigh County | 49 | $14.0M | 2.2% | 60 | -11 |
| 11 | Westmoreland County | 47 | $22.5M | 2.1% | 34 | +13 |
| 12 | Butler County | 47 | $28.5M | 2.1% | 38 | +9 |
| 13 | Dauphin County | 45 | $15.8M | 2.0% | 55 | -10 |
| 14 | Northampton County | 44 | $13.7M | 2.0% | 40 | +4 |
| 15 | Lackawanna County | 41 | $19.3M | 1.9% | 37 | +4 |
| 16 | Luzerne County | 38 | $18.7M | 1.7% | 33 | +5 |
| 17 | Erie County | 36 | $24.1M | 1.6% | 35 | +1 |
| 18 | Beaver County | 36 | $13.0M | 1.6% | 35 | +1 |
| 19 | Mercer County | 34 | $14.8M | 1.5% | 21 | +13 |
| 20 | Cumberland County | 32 | $14.3M | 1.5% | 47 | -15 |
| 21 | Washington County | 31 | $5.9M | 1.4% | 30 | +1 |
| 22 | Monroe County | 24 | $10.2M | 1.1% | 19 | +5 |
| 23 | Lawrence County | 23 | $1.6M | 1.0% | 24 | -1 |
| 24 | Franklin County | 18 | $4.6M | 0.8% | 17 | +1 |
| 25 | Fayette County | 17 | $4.9M | 0.8% | 9 | +8 |
| 26 | Lebanon County | 17 | $11.8M | 0.8% | 4 | +13 |
| 27 | Schuylkill County | 16 | $10.5M | 0.7% | 16 | 0 |
| 28 | Bradford County | 13 | $5.2M | 0.6% | 7 | +6 |
| 29 | Lycoming County | 11 | $2.4M | 0.5% | 18 | -7 |
| 30 | Blair County | 10 | $4.7M | 0.5% | 13 | -3 |
| 31 | Centre County | 9 | $8.5M | 0.4% | 12 | -3 |
| 32 | Adams County | 9 | $12.3M | 0.4% | 10 | -1 |
| 33 | Northumberland County | 9 | $6.7M | 0.4% | 16 | -7 |
| 34 | Clinton County | 9 | $4.7M | 0.4% | 5 | +4 |
| 35 | Potter County | 7 | $739K | 0.3% | 7 | 0 |
| 36 | Pike County | 7 | $5.3M | 0.3% | 8 | -1 |
| 37 | Clearfield County | 7 | $7.2M | 0.3% | 5 | +2 |
| 38 | Crawford County | 6 | $795K | 0.3% | 4 | +2 |
| 39 | Carbon County | 6 | $4.9M | 0.3% | 3 | +3 |
| 40 | Snyder County | 6 | $1.8M | 0.3% | 1 | +5 |
The 40 counties with the most approvals; every county is on the Pennsylvania page.
FY2018 against FY2017
| Pennsylvania | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 2,109 | 2,064 |
| 7(a) dollars | $819M | $689M |
| Median 7(a) approval | $100K | $100K |
| 504 approvals | 90 | 112 |
| 504 dollars | $81.5M | $93.3M |
| Jobs supported, as reported | 21,583 | 20,726 |
Questions and answers
Which lenders made the most SBA loans in Pennsylvania in FY2018?
TD Bank, National Association (319), Manufacturers and Traders Trust Company (208), The Huntington National Bank (192), Citizens Bank, National Association (122), PNC Bank, National Association (91). 122 lenders had at least one approval.
How many SBA loans were approved in Pennsylvania in FY2018?
2,199: 2,109 under 7(a) worth $819M and 90 under 504 worth $81.5M.
Which Pennsylvania counties had the most SBA approvals in FY2018?
Philadelphia County (250), Allegheny County (242), Montgomery County (229), Bucks County (197), Chester County (151).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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