Maryland · Health Care
SBA loans for health care in Maryland
1,727 loans worth $780.3M approved since FY2010 for health care and social assistance projects located in Maryland.
Loans
1,727
Approved
$780.3M
Median loan
$150,000
-40% vs sector nationally
Median rate
7.25%
Jobs supported
24,652
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 health care in Maryland
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 569 | $82.2M | |
| Business Finance Group, Inc. | 85 | $74.5M | |
| Live Oak Banking Company | 55 | $72.3M | |
| Wells Fargo Bank | 105 | $59.9M | |
| Truist Bank | 86 | $30.1M | |
| The Huntington National Bank | 39 | $26.1M | |
| First National Bank of Pennsylvania | 26 | $23.4M | |
| TD Bank | 50 | $22.0M |
Detail
Which industries inside the sector
All SBA lending in Maryland
15,222 loans across every sector.
Health Care nationally
105,632 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to health care businesses in Maryland?
- 1,727 SBA loans totalling $780,255,500 have been approved for health care and social assistance projects in Maryland since FY2010.
- Which lenders finance health care in Maryland?
- The most active by dollars approved are Manufacturers and Traders Trust Company, Business Finance Group, Inc., Live Oak Banking Company, Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for health care in Maryland?
- The median approval is $150,000, 40% below the national median for this sector ($250,000).
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