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Pennsylvania · Mining & Energy

SBA loans for mining & energy in Pennsylvania

85 loans worth $42.1M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Pennsylvania.

Loans

85

Approved

$42.1M

Median loan

$150,000

-34% vs sector nationally

Median rate

6.00%

Jobs supported

1,497

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 mining & energy in Pennsylvania

Detail

Which industries inside the sector

All SBA lending in Pennsylvania

32,772 loans across every sector.

Mining & Energy nationally

2,367 loans across all states.

How SBA 7(a) works

Eligibility, caps, fees, and the timeline.

Common questions

How many SBA loans go to mining & energy businesses in Pennsylvania?
85 SBA loans totalling $42,149,800 have been approved for mining, quarrying, and oil and gas extraction projects in Pennsylvania since FY2010.
Which lenders finance mining & energy in Pennsylvania?
The most active by dollars approved are Byline Bank, First Commonwealth Bank, Newtek Small Business Finance, Inc., Customers Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
What is a typical loan size for mining & energy in Pennsylvania?
The median approval is $150,000, 34% below the national median for this sector ($227,300).

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