SBA 7(a) loans in Pennsylvania
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
6,042loans approved
$150,000median loan
$50K–$482Kmiddle half of loans
$2.8Btotal approved
11%median initial rate
10 yrsmedian term
The median Pennsylvania loan is 14% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 289 | $255,000 |
| Limited-Service Restaurants (722513) | 212 | $260,000 |
| Residential Remodelers (236118) | 192 | $76,500 |
| Landscaping Services (561730) | 158 | $59,900 |
| Fitness and Recreational Sports Centers (713940) | 150 | $267,250 |
| Child Day Care Services (624410) | 135 | $365,000 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 133 | $150,000 |
| All Other Specialty Trade Contractors (238990) | 121 | $142,900 |
| Beauty Salons (812112) | 112 | $50,000 |
| Snack and Nonalcoholic Beverage Bars (722515) | 107 | $202,500 |
Most active lenders in Pennsylvania
| Lender | Loans | Median | Total |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 785 | $50,000 | $83.9M |
| The Huntington National Bank | 719 | $70,000 | $159.1M |
| TD Bank, National Association | 587 | $50,000 | $84.8M |
| Northeast Bank | 199 | $132,600 | $30.7M |
| Newtek Bank, National Association | 195 | $200,000 | $78.4M |
| Live Oak Banking Company | 184 | $500,000 | $224.9M |
| Wilmington Savings Fund Society FSB | 177 | $500,000 | $135.7M |
| Northwest Bank | 168 | $107,300 | $77.1M |
| Keybank National Association | 164 | $50,000 | $38.7M |
| Readycap Lending, LLC | 162 | $50,000 | $40.2M |
SBA 504 loans in Pennsylvania
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
315504 loans approved
$685,000median CDC portion
$354.6Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Pennsylvania
| Lender | Loans | Median | Total |
|---|---|---|---|
| Empire State Certified Development Corporation | 83 | $799,000 | $96.4M |
| South Eastern Economic Development Company of Pennsylvania | 82 | $772,500 | $97.2M |
| Nepa Alliance Business Finance Corporation | 59 | $436,000 | $49.4M |
| Regional Development Funding Corporation | 47 | $717,000 | $48.8M |
| Trenton Business Assistance Corporation | 16 | $1,396,500 | $28.5M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.