SBA Loans for Construction in Maryland
Since fiscal year 2021, at least 70 lenders made 702 SBA loans to Construction businesses in Maryland. These are the most active, based on public SBA data.
Most active SBA lenders for Construction in Maryland
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company Buffalo, NY | 299 | $131,575 | 44% | 7(a), Express |
| 2 | TD Bank, National Association Wilmington, DE | 51 | $154,828 | 31% | 7(a), Express |
| 3 | Northeast Bank Lewiston, ME | 35 | $155,343 | 10% | 7(a) |
| 4 | Readycap Lending, LLC Berkeley Heights, NJ | 23 | $362,412 | 19% | 7(a) |
| 5 | PNC Bank, National Association Wilmington, DE | 22 | $147,712 | 40% | 7(a), Express |
| 6 | Bank of America, National Association Charlotte, NC | 19 | $399,883 | 25% | 7(a), Express |
| 7 | The Huntington National Bank Columbus, OH | 18 | $453,026 | 59% | 7(a), Express |
| 8 | United Midwest Savings Bank National Association De Graff, OH | 17 | $288,129 | 81% | 7(a) |
| 9 | BayFirst National Bank Saint Petersburg, FL | 15 | $183,420 | 4% | 7(a) |
| 10 | Fulton Bank, National Association Lancaster, PA | 12 | $717,664 | 41% | 7(a), Express |
Related guide: Loans for Contractors and Construction Businesses
Other industries in Maryland
- Professional Services834 loans
- Health Care763 loans
- Restaurants & Lodging711 loans
- Personal Services & Repair621 loans
- Retail Stores606 loans
- Cleaning, Landscaping & Admin364 loans
- Trucking & Transportation305 loans
- Manufacturing247 loans
Frequently asked questions
Which lenders make the most SBA loans to Construction businesses in Maryland?
Based on public SBA data, the most active were Manufacturers and Traders Trust Company, TD Bank, National Association, Northeast Bank.
How many SBA loans did Construction businesses get in Maryland?
702 SBA loans since fiscal year 2021, from at least 70 different lenders.
Which SBA loan fits a Construction business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.