Maryland · Retail
SBA loans for retail in Maryland
1,220 loans worth $568.4M approved since FY2010 for retail trade projects located in Maryland.
Loans
1,220
Approved
$568.4M
Median loan
$200,000
-20% vs sector nationally
Median rate
6.50%
Jobs supported
9,753
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 retail in Maryland
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Hanmi Bank | 72 | $74.9M | |
| Manufacturers and Traders Trust Company | 393 | $49.7M | |
| Live Oak Banking Company | 28 | $41.8M | |
| Business Finance Group, Inc. | 41 | $36.3M | |
| PCB Bank | 48 | $24.3M | |
| Wilmington Savings Fund Society | 15 | $18.2M | |
| Atlantic Union Bank | 19 | $17.4M | |
| Bank of Hope | 30 | $16.5M |
Detail
Which industries inside the sector
All SBA lending in Maryland
15,222 loans across every sector.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in Maryland?
- 1,220 SBA loans totalling $568,428,800 have been approved for retail trade projects in Maryland since FY2010.
- Which lenders finance retail in Maryland?
- The most active by dollars approved are Hanmi Bank, Manufacturers and Traders Trust Company, Live Oak Banking Company, 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 retail in Maryland?
- The median approval is $200,000, 20% below the national median for this sector ($250,000).
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