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
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Byline Bank | 3 | $5.5M | |
| First Commonwealth Bank | 5 | $5.4M | |
| Newtek Small Business Finance, Inc. | 1 | $5.0M | |
| Customers Bank | 4 | $3.9M | |
| Manufacturers and Traders Trust Company | 3 | $2.9M | |
| Citizens & Northern Bank | 20 | $2.6M | |
| Meridian Bank | 1 | $1.8M | |
| The Huntington National Bank | 7 | $1.8M |
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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