States › Pennsylvania › FY2020
FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Pennsylvania, FY2020
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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 1,403 loans in Pennsylvania: 1,276 under 7(a) and 127 under 504, worth $695M.
That is down 25% on FY2019, when there were 1,864 approvals worth $715M.
Pennsylvania accounted for 2.8% of the 49,417 approvals nationwide that year. 130 lenders had at least one approval in the state; The Huntington National Bank had the most, 174.
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 FY2020, of 130 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Allegheny County | 195 | $83.0M | 13.9% | 201 | -6 |
| 2 | Montgomery County | 119 | $67.1M | 8.5% | 215 | -96 |
| 3 | Bucks County | 109 | $54.3M | 7.8% | 138 | -29 |
| 4 | Philadelphia County | 106 | $40.6M | 7.6% | 233 | -127 |
| 5 | Chester County | 96 | $67.3M | 6.8% | 74 | +22 |
| 6 | Lancaster County | 66 | $34.5M | 4.7% | 83 | -17 |
| 7 | Delaware County | 63 | $32.7M | 4.5% | 92 | -29 |
| 8 | Berks County | 59 | $25.3M | 4.2% | 68 | -9 |
| 9 | York County | 50 | $23.1M | 3.6% | 60 | -10 |
| 10 | Lackawanna County | 37 | $21.4M | 2.6% | 36 | +1 |
| 11 | Butler County | 36 | $13.9M | 2.6% | 36 | 0 |
| 12 | Westmoreland County | 34 | $18.8M | 2.4% | 47 | -13 |
| 13 | Erie County | 33 | $10.5M | 2.4% | 42 | -9 |
| 14 | Washington County | 32 | $9.7M | 2.3% | 40 | -8 |
| 15 | Northampton County | 29 | $13.1M | 2.1% | 48 | -19 |
| 16 | Dauphin County | 27 | $20.6M | 1.9% | 39 | -12 |
| 17 | Lawrence County | 26 | $6.3M | 1.9% | 13 | +13 |
| 18 | Luzerne County | 26 | $14.8M | 1.9% | 35 | -9 |
| 19 | Lehigh County | 25 | $8.7M | 1.8% | 60 | -35 |
| 20 | Cumberland County | 24 | $13.4M | 1.7% | 34 | -10 |
| 21 | Mercer County | 18 | $9.7M | 1.3% | 22 | -4 |
| 22 | Beaver County | 14 | $4.3M | 1.0% | 18 | -4 |
| 23 | Centre County | 12 | $5.1M | 0.9% | 15 | -3 |
| 24 | Fayette County | 12 | $12.4M | 0.9% | 12 | 0 |
| 25 | Northumberland County | 11 | $1.6M | 0.8% | 8 | +3 |
| 26 | Adams County | 10 | $3.1M | 0.7% | 16 | -6 |
| 27 | Wayne County | 8 | $3.8M | 0.6% | 4 | +4 |
| 28 | Lebanon County | 8 | $1.6M | 0.6% | 10 | -2 |
| 29 | Tioga County | 8 | $7.0M | 0.6% | 5 | +3 |
| 30 | Schuylkill County | 8 | $2.7M | 0.6% | 9 | -1 |
| 31 | Wyoming County | 7 | $496K | 0.5% | 6 | +1 |
| 32 | Franklin County | 6 | $1.6M | 0.4% | 16 | -10 |
| 33 | Cambria County | 6 | $5.6M | 0.4% | 2 | +4 |
| 34 | Jefferson County | 6 | $11.1M | 0.4% | 4 | +2 |
| 35 | Armstrong County | 5 | $1.9M | 0.4% | 4 | +1 |
| 36 | Bradford County | 5 | $967K | 0.4% | 9 | -4 |
| 37 | Monroe County | 5 | $2.9M | 0.4% | 16 | -11 |
| 38 | McKean County | 5 | $453K | 0.4% | 4 | +1 |
| 39 | Susquehanna County | 5 | $474K | 0.4% | 4 | +1 |
| 40 | Crawford County | 4 | $3.2M | 0.3% | 5 | -1 |
The 40 counties with the most approvals; every county is on the Pennsylvania page.
FY2020 against FY2019
| Pennsylvania | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 1,276 | 1,757 |
| 7(a) dollars | $587M | $629M |
| Median 7(a) approval | $158K | $135K |
| 504 approvals | 127 | 107 |
| 504 dollars | $108M | $86.7M |
| Jobs supported, as reported | 14,040 | 18,904 |
Questions and answers
Which lenders made the most SBA loans in Pennsylvania in FY2020?
The Huntington National Bank (174), Manufacturers and Traders Trust Company (129), TD Bank, National Association (90), Fulton Bank, National Association (60), First Commonwealth Bank (57). 130 lenders had at least one approval.
How many SBA loans were approved in Pennsylvania in FY2020?
1,403: 1,276 under 7(a) worth $587M and 127 under 504 worth $108M.
Which Pennsylvania counties had the most SBA approvals in FY2020?
Allegheny County (195), Montgomery County (119), Bucks County (109), Philadelphia County (106), Chester County (96).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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