SBA data · Pennsylvania
SBA lending in Pennsylvania
32,772 loans worth $13.64B have been approved for Pennsylvania projects since FY2010 - the #12 state by SBA dollars, 2.7% of the national total.
State rank
#12
by dollars approved
Approved
$13.64B
FY2010 onward
Loans
32,772
Median loan
$150,000
-17% vs national
Median 7(a) rate
7.00%
Jobs supported
341,433
Lender-reported
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.
Who lends here
The most active SBA lenders in Pennsylvania
Ranked by dollars approved for projects in this state. Ranking is computed from federal data and cannot be purchased.
| # | Lender | Approved in PA | Loans | Avg loan | Share |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | $741.7M | 3,660 | $202,654 | |
| 2 | Wilmington Savings Fund Society | $616.2M | 882 | $698,671 | |
| 3 | Live Oak Banking Company | $608.8M | 503 | $1,210,434 | |
| 4 | Beacon Bank and Trust | $526.1M | 571 | $921,322 | |
| 5 | Fulton Bank | $525.4M | 619 | $848,744 | |
| 6 | First Commonwealth Bank | $493.5M | 945 | $522,194 | |
| 7 | South Eastern Economic Development Company of Pennsylvania | $441.5M | 491 | $899,163 | |
| 8 | Empire State Certified Development Corporation | $421.0M | 446 | $943,972 | |
| 9 | Manufacturers and Traders Trust Company | $418.4M | 3,474 | $120,437 | |
| 10 | Meridian Bank | $372.9M | 416 | $896,478 | |
| 11 | TD Bank | $313.0M | 2,534 | $123,517 | |
| 12 | First National Bank of Pennsylvania | $290.8M | 652 | $446,002 |
By sector in Pennsylvania
- Restaurants & Hotels4,793 · $2.74B
- Health Care2,952 · $1.33B
- Professional Services2,967 · $1.10B
- Other Services3,199 · $1.08B
- Retail2,590 · $1.07B
- Construction3,812 · $988.1M
- Wholesale1,336 · $709.7M
- Arts & Recreation1,147 · $597.6M
- Administrative & Waste1,799 · $487.4M
- Manufacturing760 · $378.5M
- Transportation1,494 · $301.4M
- Real Estate626 · $294.9M
Most-financed industries
Approvals by fiscal year
Gross approval dollars in Pennsylvania. The final bar is a partial fiscal year.
Loan sizes in Pennsylvania
- Under $50K24%
- $50K - $150K25%
- $150K - $350K21%
- $350K - $1M19%
- $1M - $2M7%
- Over $2M5%
SBA lending in Pennsylvania: common questions
- How many SBA loans are approved in Pennsylvania?
- 32,772 SBA 7(a) and 504 loans totalling $13,642,200,600 have been approved for projects in Pennsylvania since fiscal year 2010, ranking it #12 among states and territories by dollars approved - 2.7% of all SBA lending nationally.
- Which lenders make the most SBA loans in Pennsylvania?
- By dollars approved in Pennsylvania, the most active lenders are The Huntington National Bank, Wilmington Savings Fund Society, Live Oak Banking Company, Beacon Bank and Trust, Fulton Bank. Volume is not a recommendation - a lender's fit depends on your industry, loan size, and credit profile.
- What is the typical SBA loan size in Pennsylvania?
- The median gross approval in Pennsylvania is $150,000, 17% below the national median of $180,000. Half of all loans in the state fall between $25,000 and $1,096,300.
- Do I need to use a lender based in Pennsylvania?
- No. SBA lenders can and routinely do lend across state lines, and several of the largest national 7(a) lenders have no branch presence at all. The lenders listed on this page are those with the most approved dollars for projects located in Pennsylvania, wherever they are headquartered.
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.
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