SBA Ledger

States › Pennsylvania › FY2025

FY20251 Oct 2024 – 30 Sep 2025

SBA loans in Pennsylvania, FY2025

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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 2,831 loans in Pennsylvania: 2,701 under 7(a) and 130 under 504, worth $1.35bn.

That is up 11% on FY2024, when there were 2,542 approvals worth $1.01bn.

Pennsylvania accounted for 3.3% of the 84,840 approvals nationwide that year. 151 lenders had at least one approval in the state; Manufacturers and Traders Trust Company had the most, 324.

2,831approvalsFY2024: 2,542
$1.35bndollars approvedFY2024: $1.01bn
$150Kmedian 7(a) approvalFY2024: $119K
151lenders with an approval
29,554jobs 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 FY2025, of 151 active.

#LenderProgramApprovalsDollarsShare of stateFY2024Change
1Manufacturers and Traders Trust Company7(a)324$33.5M11.4%218+106
2TD Bank, National Association7(a)288$44.6M10.2%297-9
3The Huntington National Bank7(a)255$63.2M9.0%396-141
4Northeast Bank7(a)253$43.2M8.9%70+183
5Newtek Bank, National Association7(a)115$39.7M4.1%118-3
6Readycap Lending, LLC7(a)88$24.0M3.1%73+15
7Live Oak Banking Company7(a)80$94.1M2.8%43+37
8KeyBank National Association7(a)73$18.8M2.6%53+20
9First Commonwealth Bank7(a)72$46.7M2.5%66+6
10Wilmington Savings Fund Society FSB7(a)65$57.6M2.3%44+21
11Meridian Bank7(a)54$46.1M1.9%52+2
12BayFirst National Bank7(a)54$8.5M1.9%97-43
13Univest Bank and Trust Co7(a)49$29.7M1.7%36+13
14Northwest Bank7(a)49$26.1M1.7%106-57
15Beacon Bank and Trust7(a)45$62.5M1.6%34+11
16PNC Bank, National Association7(a)41$15.4M1.4%79-38
17Lendistry SBLC, LLC7(a)39$7.3M1.4%12+27
18Empire State Certified Development Corporation50437$49.2M1.3%31+6
19Celtic Bank Corporation7(a)37$16.5M1.3%21+16
20South Eastern Economic Development Company of Pennsylvania50436$41.2M1.3%19+17
21United Midwest Savings Bank National Association7(a)35$17.7M1.2%24+11
22PS Bank7(a)35$3.9M1.2%27+8
23Fulton Bank, National Association7(a)32$23.9M1.1%26+6
24Wells Fargo Bank National Association7(a)31$7.2M1.1%61-30
25First National Bank of Pennsylvania7(a)25$22.6M0.9%18+7
26NEPA Alliance Business Finance Corporation7(a)24$3.8M0.8%23+1
27NEPA Alliance Business Finance Corporation50420$23.0M0.7%21-1
28Firstrust Savings Bank7(a)20$22.6M0.7%19+1
29Enterprise Bank7(a)20$13.8M0.7%12+8
30Regional Development Funding Corporation50419$22.7M0.7%11+8
31Mid Penn Bank7(a)17$15.4M0.6%28-11
32Fidelity Deposit and Discount Bank7(a)17$4.9M0.6%12+5
33JPMorgan Chase Bank, National Association7(a)17$4.5M0.6%14+3
34First Bank of the Lake7(a)15$8.2M0.5%18-3
35First Internet Bank of Indiana7(a)14$24.2M0.5%3+11
36Bank of America, National Association7(a)14$18.7M0.5%18-4
37Heritage Bank Inc7(a)12$10.4M0.4%9+3
38Citizens Bank, National Association7(a)12$8.7M0.4%8+4
39Community First Capital Corp7(a)12$1.4M0.4%17-5
40Wayne Bank7(a)11$8.0M0.4%7+4

Approvals by county

#CountyApprovalsDollarsShare of stateFY2024Change
1Philadelphia County316$135M11.2%284+32
2Allegheny County299$131M10.6%350-51
3Montgomery County296$135M10.5%253+43
4Bucks County214$125M7.6%164+50
5Chester County160$88.3M5.7%116+44
6Delaware County156$83.3M5.5%153+3
7York County107$39.4M3.8%75+32
8Lancaster County103$69.2M3.6%87+16
9Berks County94$52.1M3.3%70+24
10Northampton County80$38.9M2.8%48+32
11Lehigh County78$40.4M2.8%73+5
12Lackawanna County70$27.4M2.5%65+5
13Westmoreland County65$30.3M2.3%62+3
14Butler County65$34.8M2.3%72-7
15Luzerne County60$30.2M2.1%54+6
16Cumberland County53$37.4M1.9%46+7
17Washington County50$17.4M1.8%57-7
18Dauphin County47$23.7M1.7%42+5
19Lycoming County38$13.7M1.3%11+27
20Monroe County30$15.2M1.1%24+6
21Schuylkill County30$10.2M1.1%16+14
22Erie County29$11.0M1.0%41-12
23Beaver County29$14.4M1.0%57-28
24Lawrence County28$3.0M1.0%280
25Adams County26$14.5M0.9%11+15
26Mercer County22$7.6M0.8%26-4
27Bradford County20$2.1M0.7%6+14
28Franklin County16$8.6M0.6%8+8
29Lebanon County16$4.7M0.6%17-1
30Centre County15$5.8M0.5%26-11
31Wyoming County12$1.2M0.4%8+4
32Fayette County11$7.6M0.4%9+2
33Blair County11$9.0M0.4%13-2
34Clearfield County11$3.3M0.4%2+9
35Northumberland County11$3.1M0.4%110
36Union County11$3.5M0.4%6+5
37Pike County10$1.8M0.4%100
38Somerset County10$3.9M0.4%4+6
39Elk County10$4.5M0.4%2+8
40Wayne County9$6.2M0.3%12-3

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

FY2025 against FY2024

PennsylvaniaFY2025FY2024
7(a) approvals2,7012,452
7(a) dollars$1.19bn$932M
Median 7(a) approval$150K$119K
504 approvals13090
504 dollars$162M$78.5M
Jobs supported, as reported29,55423,154

Questions and answers

Which lenders made the most SBA loans in Pennsylvania in FY2025?

Manufacturers and Traders Trust Company (324), TD Bank, National Association (288), The Huntington National Bank (255), Northeast Bank (253), Newtek Bank, National Association (115). 151 lenders had at least one approval.

How many SBA loans were approved in Pennsylvania in FY2025?

2,831: 2,701 under 7(a) worth $1.19bn and 130 under 504 worth $162M.

Which Pennsylvania counties had the most SBA approvals in FY2025?

Philadelphia County (316), Allegheny County (299), Montgomery County (296), Bucks County (214), Chester County (160).

When does FY2025 start and end?

The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.

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