Maryland · Education
SBA loans for education in Maryland
341 loans worth $110.4M approved since FY2010 for educational services projects located in Maryland.
Loans
341
Approved
$110.4M
Median loan
$82,600
-45% vs sector nationally
Median rate
8.25%
Jobs supported
2,751
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to education in Maryland
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Business Finance Group, Inc. | 16 | $19.5M | |
| Manufacturers and Traders Trust Company | 140 | $9.9M | |
| 504 Capital Corporation | 3 | $7.5M | |
| Chesapeake Business Finance Corporation | 4 | $7.5M | |
| Celtic Bank Corporation | 13 | $6.1M | |
| Newtek Bank | 11 | $4.5M | |
| The Huntington National Bank | 5 | $4.5M | |
| Readycap Lending, LLC | 5 | $4.3M |
Detail
Which industries inside the sector
All SBA lending in Maryland
15,222 loans across every sector.
Education nationally
15,349 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to education businesses in Maryland?
- 341 SBA loans totalling $110,405,600 have been approved for educational services projects in Maryland since FY2010.
- Which lenders finance education in Maryland?
- The most active by dollars approved are Business Finance Group, Inc., Manufacturers and Traders Trust Company, 504 Capital Corporation, Chesapeake Business Finance Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for education in Maryland?
- The median approval is $82,600, 45% below the national median for this sector ($150,000).
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