States › Pennsylvania › FY2019
FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Pennsylvania, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 1,864 loans in Pennsylvania: 1,757 under 7(a) and 107 under 504, worth $715M.
That is down 15% on FY2018, when there were 2,199 approvals worth $900M.
Pennsylvania accounted for 3.2% of the 58,006 approvals nationwide that year. 129 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 194.
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 FY2019, of 129 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company | 7(a) | 194 | $25.3M | 10.4% | 208 | -14 |
| 2 | The Huntington National Bank | 7(a) | 183 | $37.5M | 9.8% | 192 | -9 |
| 3 | TD Bank, National Association | 7(a) | 179 | $17.8M | 9.6% | 319 | -140 |
| 4 | PNC Bank, National Association | 7(a) | 111 | $26.1M | 6.0% | 91 | +20 |
| 5 | Wells Fargo Bank National Association | 7(a) | 71 | $4.2M | 3.8% | 78 | -7 |
| 6 | First Commonwealth Bank | 7(a) | 68 | $23.5M | 3.6% | 74 | -6 |
| 7 | Empire State Certified Development Corporation | 504 | 52 | $47.1M | 2.8% | 29 | +23 |
| 8 | Beacon Bank and Trust | 7(a) | 49 | $42.2M | 2.6% | 64 | -15 |
| 9 | Citizens Bank, National Association | 7(a) | 47 | $16.3M | 2.5% | 122 | -75 |
| 10 | Wilmington Savings Fund Society FSB | 7(a) | 45 | $44.4M | 2.4% | 69 | -24 |
| 11 | Mid Penn Bank | 7(a) | 45 | $11.1M | 2.4% | 46 | -1 |
| 12 | Northwest Bank | 7(a) | 41 | $8.7M | 2.2% | 36 | +5 |
| 13 | BayFirst National Bank | 7(a) | 39 | $10.6M | 2.1% | 24 | +15 |
| 14 | Meridian Bank | 7(a) | 35 | $29.1M | 1.9% | 1 | +34 |
| 15 | Fulton Bank, National Association | 7(a) | 33 | $21.0M | 1.8% | 35 | -2 |
| 16 | Stearns Bank National Association | 7(a) | 31 | $7.6M | 1.7% | 32 | -1 |
| 17 | KeyBank National Association | 7(a) | 28 | $12.1M | 1.5% | 54 | -26 |
| 18 | Community First Capital Corp | 7(a) | 28 | $2.8M | 1.5% | 26 | +2 |
| 19 | Santander Bank, National Association | 7(a) | 27 | $4.3M | 1.4% | 45 | -18 |
| 20 | Live Oak Banking Company | 7(a) | 24 | $36.4M | 1.3% | 16 | +8 |
| 21 | The Bank of Princeton | 7(a) | 24 | $6.2M | 1.3% | 20 | +4 |
| 22 | First National Bank of Pennsylvania | 7(a) | 22 | $9.5M | 1.2% | 23 | -1 |
| 23 | Truist Bank | 7(a) | 21 | $2.2M | 1.1% | 9 | +12 |
| 24 | Newtek Small Business Finance, Inc. | 7(a) | 20 | $19.3M | 1.1% | 36 | -16 |
| 25 | Univest Bank and Trust Co | 7(a) | 20 | $11.4M | 1.1% | 14 | +6 |
| 26 | South Eastern Economic Development Company of Pennsylvania | 504 | 19 | $17.5M | 1.0% | 13 | +6 |
| 27 | The Bancorp Bank National Association | 7(a) | 17 | $5.8M | 0.9% | 1 | +16 |
| 28 | United Midwest Savings Bank National Association | 7(a) | 17 | $2.4M | 0.9% | 14 | +3 |
| 29 | Celtic Bank Corporation | 7(a) | 16 | $6.4M | 0.9% | 33 | -17 |
| 30 | Regional Development Funding Corporation | 504 | 15 | $7.9M | 0.8% | 14 | +1 |
| 31 | Firstrust Savings Bank | 7(a) | 15 | $6.5M | 0.8% | 10 | +5 |
| 32 | Fidelity Deposit and Discount Bank | 7(a) | 13 | $3.0M | 0.7% | 3 | +10 |
| 33 | Enterprise Bank | 7(a) | 12 | $7.6M | 0.6% | 19 | -7 |
| 34 | First Bank | 7(a) | 12 | $7.0M | 0.6% | 23 | -11 |
| 35 | Orrstown Bank | 7(a) | 11 | $5.1M | 0.6% | 26 | -15 |
| 36 | Northeast Bank | 7(a) | 11 | $3.8M | 0.6% | 26 | -15 |
| 37 | Independence Bank | 7(a) | 11 | $1.6M | 0.6% | 23 | -12 |
| 38 | IncredibleBank | 7(a) | 10 | $9.4M | 0.5% | 0 | new |
| 39 | Citizens & Northern Bank | 7(a) | 10 | $1.2M | 0.5% | 22 | -12 |
| 40 | Peoples Security Bank and Trust Company | 7(a) | 9 | $2.1M | 0.5% | 19 | -10 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Philadelphia County | 233 | $87.2M | 12.5% | 250 | -17 |
| 2 | Montgomery County | 215 | $83.2M | 11.5% | 229 | -14 |
| 3 | Allegheny County | 201 | $73.6M | 10.8% | 242 | -41 |
| 4 | Bucks County | 138 | $46.3M | 7.4% | 197 | -59 |
| 5 | Delaware County | 92 | $37.6M | 4.9% | 117 | -25 |
| 6 | Lancaster County | 83 | $40.6M | 4.5% | 91 | -8 |
| 7 | Chester County | 74 | $30.9M | 4.0% | 151 | -77 |
| 8 | Berks County | 68 | $47.6M | 3.6% | 83 | -15 |
| 9 | York County | 60 | $21.3M | 3.2% | 73 | -13 |
| 10 | Lehigh County | 60 | $21.7M | 3.2% | 49 | +11 |
| 11 | Northampton County | 48 | $15.9M | 2.6% | 44 | +4 |
| 12 | Westmoreland County | 47 | $19.3M | 2.5% | 47 | 0 |
| 13 | Erie County | 42 | $21.2M | 2.3% | 36 | +6 |
| 14 | Washington County | 40 | $17.0M | 2.1% | 31 | +9 |
| 15 | Dauphin County | 39 | $16.4M | 2.1% | 45 | -6 |
| 16 | Lackawanna County | 36 | $11.3M | 1.9% | 41 | -5 |
| 17 | Butler County | 36 | $17.2M | 1.9% | 47 | -11 |
| 18 | Luzerne County | 35 | $10.7M | 1.9% | 38 | -3 |
| 19 | Cumberland County | 34 | $11.7M | 1.8% | 32 | +2 |
| 20 | Mercer County | 22 | $11.7M | 1.2% | 34 | -12 |
| 21 | Beaver County | 18 | $3.1M | 1.0% | 36 | -18 |
| 22 | Franklin County | 16 | $4.0M | 0.9% | 18 | -2 |
| 23 | Monroe County | 16 | $5.6M | 0.9% | 24 | -8 |
| 24 | Adams County | 16 | $6.1M | 0.9% | 9 | +7 |
| 25 | Centre County | 15 | $4.5M | 0.8% | 9 | +6 |
| 26 | Lawrence County | 13 | $2.1M | 0.7% | 23 | -10 |
| 27 | Fayette County | 12 | $3.5M | 0.6% | 17 | -5 |
| 28 | Lebanon County | 10 | $2.3M | 0.5% | 17 | -7 |
| 29 | Bradford County | 9 | $734K | 0.5% | 13 | -4 |
| 30 | Schuylkill County | 9 | $1.4M | 0.5% | 16 | -7 |
| 31 | Snyder County | 8 | $901K | 0.4% | 6 | +2 |
| 32 | Clearfield County | 8 | $6.2M | 0.4% | 7 | +1 |
| 33 | Northumberland County | 8 | $455K | 0.4% | 9 | -1 |
| 34 | Elk County | 7 | $4.5M | 0.4% | 2 | +5 |
| 35 | Wyoming County | 6 | $1.1M | 0.3% | 4 | +2 |
| 36 | Lycoming County | 6 | $325K | 0.3% | 11 | -5 |
| 37 | Crawford County | 5 | $2.4M | 0.3% | 6 | -1 |
| 38 | Blair County | 5 | $3.2M | 0.3% | 10 | -5 |
| 39 | Tioga County | 5 | $183K | 0.3% | 4 | +1 |
| 40 | Venango County | 5 | $662K | 0.3% | 1 | +4 |
The 40 counties with the most approvals; every county is on the Pennsylvania page.
FY2019 against FY2018
| Pennsylvania | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 1,757 | 2,109 |
| 7(a) dollars | $629M | $819M |
| Median 7(a) approval | $135K | $100K |
| 504 approvals | 107 | 90 |
| 504 dollars | $86.7M | $81.5M |
| Jobs supported, as reported | 18,904 | 21,583 |
Questions and answers
Which lenders made the most SBA loans in Pennsylvania in FY2019?
Manufacturers and Traders Trust Company (194), The Huntington National Bank (183), TD Bank, National Association (179), PNC Bank, National Association (111), Wells Fargo Bank National Association (71). 129 lenders had at least one approval.
How many SBA loans were approved in Pennsylvania in FY2019?
1,864: 1,757 under 7(a) worth $629M and 107 under 504 worth $86.7M.
Which Pennsylvania counties had the most SBA approvals in FY2019?
Philadelphia County (233), Montgomery County (215), Allegheny County (201), Bucks County (138), Delaware County (92).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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