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Maryland · Transportation
SBA loans for transportation in Maryland
545 loans worth $132.2M approved since FY2010 for transportation and warehousing projects located in Maryland.
Loans
545
Approved
$132.2M
Median loan
$50,000
-22% vs sector nationally
Median rate
9.00%
Jobs supported
4,185
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 transportation in Maryland
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 299 | $26.3M | |
| Business Finance Group, Inc. | 13 | $19.9M | |
| Celtic Bank Corporation | 16 | $14.0M | |
| Truist Bank | 22 | $9.9M | |
| EagleBank | 6 | $8.5M | |
| Readycap Lending, LLC | 3 | $5.1M | |
| Shoreham Bank | 1 | $5.0M | |
| Newtek Small Business Finance, Inc. | 3 | $4.7M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for transportation in Maryland since FY2010 was $50,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Maryland
15,222 loans across every sector.
Transportation nationally
49,317 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to transportation businesses in Maryland?
- 545 SBA loans totalling $132,174,100 have been approved for transportation and warehousing projects in Maryland since FY2010.
- Which lenders finance transportation in Maryland?
- The most active by dollars approved are Manufacturers and Traders Trust Company, Business Finance Group, Inc., Celtic Bank Corporation, Truist Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for transportation in Maryland?
- The median approval is $50,000, 22% below the national median for this sector ($64,000).
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