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
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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