Maryland · Professional Services
SBA loans for professional services in Maryland
2,348 loans worth $705.4M approved since FY2010 for professional, scientific, and technical services projects located in Maryland.
Loans
2,348
Approved
$705.4M
Median loan
$100,000
-33% vs sector nationally
Median rate
7.25%
Jobs supported
25,730
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 professional services in Maryland
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 928 | $117.9M | |
| Live Oak Banking Company | 63 | $101.9M | |
| Truist Bank | 133 | $55.0M | |
| Business Finance Group, Inc. | 64 | $47.6M | |
| Atlantic Union Bank | 82 | $40.8M | |
| Fulton Bank | 44 | $23.7M | |
| First National Bank of Pennsylvania | 57 | $20.6M | |
| Wells Fargo Bank | 115 | $19.2M |
Detail
Which industries inside the sector
All SBA lending in Maryland
15,222 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in Maryland?
- 2,348 SBA loans totalling $705,417,500 have been approved for professional, scientific, and technical services projects in Maryland since FY2010.
- Which lenders finance professional services in Maryland?
- The most active by dollars approved are Manufacturers and Traders Trust Company, Live Oak Banking Company, Truist Bank, Business Finance Group, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in Maryland?
- The median approval is $100,000, 33% below the national median for this sector ($150,000).
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