SBA Ledger

States › Pennsylvania › FY2022

FY20221 Oct 2021 – 30 Sep 2022

SBA loans in Pennsylvania, FY2022

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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 1,941 loans in Pennsylvania: 1,740 under 7(a) and 201 under 504, worth $1.03bn.

That is about level with FY2021, when there were 1,807 approvals worth $1.14bn.

Pennsylvania accounted for 3.4% of the 56,932 approvals nationwide that year. 130 lenders had at least one approval in the state; The Huntington National Bank had the most, 308.

1,941approvalsFY2021: 1,807
$1.03bndollars approvedFY2021: $1.14bn
$150Kmedian 7(a) approvalFY2021: $252K
130lenders with an approval
20,360jobs supported, as reported

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 FY2022, of 130 active.

#LenderProgramApprovalsDollarsShare of stateFY2021Change
1The Huntington National Bank7(a)308$61.0M15.9%230+78
2TD Bank, National Association7(a)161$10.9M8.3%80+81
3Manufacturers and Traders Trust Company7(a)140$23.5M7.2%137+3
4First Commonwealth Bank7(a)84$57.5M4.3%66+18
5KeyBank National Association7(a)78$26.6M4.0%80-2
6PNC Bank, National Association7(a)69$24.0M3.6%31+38
7Meridian Bank7(a)68$68.5M3.5%79-11
8Newtek Small Business Finance, Inc.7(a)65$41.2M3.3%34+31
9Empire State Certified Development Corporation50462$59.6M3.2%54+8
10Wilmington Savings Fund Society FSB7(a)50$35.7M2.6%79-29
11South Eastern Economic Development Company of Pennsylvania50446$41.2M2.4%44+2
12Wells Fargo Bank National Association7(a)45$2.1M2.3%32+13
13Northwest Bank7(a)40$11.0M2.1%53-13
14Mid Penn Bank7(a)37$20.3M1.9%41-4
15Live Oak Banking Company7(a)30$27.3M1.5%44-14
16Regional Development Funding Corporation50430$16.7M1.5%26+4
17Beacon Bank and Trust7(a)28$27.1M1.4%43-15
18BayFirst National Bank7(a)27$7.4M1.4%6+21
19NEPA Alliance Business Finance Corporation50424$30.7M1.2%18+6
20Firstrust Savings Bank7(a)23$20.8M1.2%33-10
21First National Bank of Pennsylvania7(a)22$13.0M1.1%44-22
22Orrstown Bank7(a)22$5.9M1.1%15+7
23Fulton Bank, National Association7(a)21$17.7M1.1%29-8
24Univest Bank and Trust Co7(a)21$16.3M1.1%31-10
25Enterprise Bank7(a)19$11.9M1.0%27-8
26Quaint Oak Bank7(a)18$16.6M0.9%13+5
27Readycap Lending, LLC7(a)18$12.0M0.9%7+11
28Community First Capital Corp7(a)18$2.2M0.9%10+8
29Fidelity Deposit and Discount Bank7(a)17$4.7M0.9%26-9
30PS Bank7(a)17$3.2M0.9%20-3
31SEDA-COG Local Development Corporation50414$15.7M0.7%10+4
32Byline Bank7(a)12$20.8M0.6%3+9
33United Midwest Savings Bank National Association7(a)12$11.6M0.6%29-17
34Citizens Bank, National Association7(a)12$11.3M0.6%13-1
35InFirst Bank7(a)12$2.4M0.6%9+3
36Celtic Bank Corporation7(a)10$12.3M0.5%14-4
37Customers Bank7(a)9$12.7M0.5%11-2
38Metro City Bank7(a)9$11.4M0.5%2+7
39Northeastern Economic Development Company of PA-CDC, Inc.5049$7.3M0.5%4+5
40Five Star Bank7(a)8$7.9M0.4%6+2

Approvals by county

#CountyApprovalsDollarsShare of stateFY2021Change
1Allegheny County255$116M13.1%242+13
2Philadelphia County223$105M11.5%165+58
3Montgomery County166$99.0M8.6%180-14
4Bucks County135$82.2M7.0%151-16
5Delaware County103$42.8M5.3%80+23
6Chester County94$71.1M4.8%90+4
7Westmoreland County61$23.9M3.1%57+4
8Lancaster County61$34.8M3.1%79-18
9Lehigh County60$30.8M3.1%55+5
10York County57$25.0M2.9%55+2
11Butler County51$30.3M2.6%37+14
12Beaver County50$20.5M2.6%40+10
13Berks County49$31.6M2.5%48+1
14Washington County48$36.3M2.5%41+7
15Dauphin County46$33.4M2.4%37+9
16Luzerne County45$22.7M2.3%37+8
17Lackawanna County41$14.2M2.1%46-5
18Northampton County36$13.2M1.9%37-1
19Cumberland County32$20.3M1.6%39-7
20Erie County32$8.1M1.6%31+1
21Monroe County27$31.4M1.4%14+13
22Mercer County22$6.0M1.1%23-1
23Adams County18$9.3M0.9%14+4
24Lawrence County17$5.3M0.9%19-2
25Franklin County16$12.5M0.8%6+10
26Centre County14$11.9M0.7%13+1
27Lycoming County12$6.9M0.6%11+1
28Somerset County11$6.0M0.6%10+1
29Carbon County10$2.2M0.5%6+4
30Jefferson County10$1.8M0.5%6+4
31Fayette County9$7.8M0.5%3+6
32Crawford County8$3.7M0.4%7+1
33Blair County8$3.6M0.4%16-8
34Lebanon County8$7.0M0.4%4+4
35Susquehanna County8$4.0M0.4%1+7
36Indiana County8$2.2M0.4%5+3
37Potter County7$1.1M0.4%1+6
38Greene County7$2.2M0.4%4+3
39Schuylkill County7$4.9M0.4%11-4
40Wayne County6$3.7M0.3%7-1

The 40 counties with the most approvals; every county is on the Pennsylvania page.

FY2022 against FY2021

PennsylvaniaFY2022FY2021
7(a) approvals1,7401,620
7(a) dollars$835M$978M
Median 7(a) approval$150K$252K
504 approvals201187
504 dollars$196M$158M
Jobs supported, as reported20,36020,064

Questions and answers

Which lenders made the most SBA loans in Pennsylvania in FY2022?

The Huntington National Bank (308), TD Bank, National Association (161), Manufacturers and Traders Trust Company (140), First Commonwealth Bank (84), KeyBank National Association (78). 130 lenders had at least one approval.

How many SBA loans were approved in Pennsylvania in FY2022?

1,941: 1,740 under 7(a) worth $835M and 201 under 504 worth $196M.

Which Pennsylvania counties had the most SBA approvals in FY2022?

Allegheny County (255), Philadelphia County (223), Montgomery County (166), Bucks County (135), Delaware County (103).

When does FY2022 start and end?

The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.

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