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Pennsylvania · Restaurants & Hotels
SBA loans for restaurants & hotels in Pennsylvania
4,793 loans worth $2.74B approved since FY2010 for accommodation and food services projects located in Pennsylvania.
Loans
4,793
Approved
$2.74B
Median loan
$223,000
-26% vs sector nationally
Median rate
6.50%
Jobs supported
75,648
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 restaurants & hotels in Pennsylvania
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Fulton Bank | 157 | $206.4M | |
| Wilmington Savings Fund Society | 197 | $137.0M | |
| The Huntington National Bank | 583 | $131.1M | |
| Beacon Bank and Trust | 105 | $116.3M | |
| Empire State Certified Development Corporation | 82 | $104.9M | |
| The Bank of Princeton | 59 | $93.1M | |
| First Commonwealth Bank | 147 | $92.3M | |
| South Eastern Economic Development Company of Pennsylvania | 68 | $76.9M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for restaurants & hotels in Pennsylvania since FY2010 was $223,000. 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 Pennsylvania
32,772 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in Pennsylvania?
- 4,793 SBA loans totalling $2,738,456,700 have been approved for accommodation and food services projects in Pennsylvania since FY2010.
- Which lenders finance restaurants & hotels in Pennsylvania?
- The most active by dollars approved are Fulton Bank, Wilmington Savings Fund Society, The Huntington National Bank, Beacon Bank and Trust. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in Pennsylvania?
- The median approval is $223,000, 26% below the national median for this sector ($300,000).
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