In fiscal years 2021–2026, 241 lenders made 11,929 SBA loans in Pennsylvania, totaling $5.4 billion. The average loan was $448,541, and 38% went to startups or businesses under two years old.
By program: 6,647 7(a) loans, 5,282 SBA Express and 0 504 (counting both the CDC and partner bank on each project).
Top 10 most active SBA lenders in Pennsylvania
| # | Lender | SBA loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 1,639 | $213,378 | 34% | 7(a), Express |
| 2 | Manufacturers and Traders Trust Company Buffalo, NY | 1,231 | $124,517 | 44% | 7(a), Express |
| 3 | TD Bank, National Association Wilmington, DE | 1,230 | $127,210 | 33% | 7(a), Express |
| 4 | Northeast Bank Lewiston, ME | 425 | $156,141 | 11% | 7(a) |
| 5 | KeyBank National Association Cleveland, OH | 394 | $233,039 | 70% | 7(a), Express |
| 6 | First Commonwealth Bank Indiana, PA | 368 | $672,115 | 42% | 7(a), Express |
| 7 | Newtek Bank, National Association Miami, FL | 360 | $419,867 | 17% | 7(a), Express |
| 8 | Northwest Bank Warren, PA | 346 | $341,676 | 51% | 7(a), Express |
| 9 | Wilmington Savings Fund Society FSB Wilmington, DE | 341 | $803,969 | 56% | 7(a), Express |
| 10 | PNC Bank, National Association Wilmington, DE | 334 | $281,948 | 39% | 7(a), Express |
Lenders that fund the most startups in Pennsylvania
- The Huntington National Bank — 553 startup loans (34% of its loans)
- Manufacturers and Traders Trust Company — 540 startup loans (44% of its loans)
- TD Bank, National Association — 401 startup loans (33% of its loans)
- KeyBank National Association — 276 startup loans (70% of its loans)
- Wells Fargo Bank National Association — 207 startup loans (93% of its loans)
SBA loans by industry in Pennsylvania
- Construction1,713 loans
- Restaurants & Lodging1,561 loans
- Retail Stores1,318 loans
- Personal Services & Repair1,251 loans
- Professional Services1,028 loans
- Health Care1,022 loans
- Manufacturing844 loans
- Cleaning, Landscaping & Admin775 loans
- Trucking & Transportation714 loans
- Fitness & Entertainment452 loans
- Wholesale & Distribution427 loans
- Real Estate & Rental240 loans
- Education & Childcare178 loans
- Media & Technology93 loans
- Agriculture & Fishing76 loans
Related guides
Frequently asked questions
Which lenders make the most SBA loans in Pennsylvania?
Based on public SBA data for fiscal years 2021–2026, the most active were The Huntington National Bank, Manufacturers and Traders Trust Company, TD Bank, National Association. Also compare their average loan size and how much they lend to startups.
How many SBA loans were made in Pennsylvania?
11,929 SBA loans totaling $5.4 billion in fiscal years 2021–2026, with an average of $448,541.
Can I get an SBA loan in Pennsylvania with a green card?
No. Since March 2026, all owners must be U.S. citizens or nationals for SBA 7(a) and 504 loans. CDFIs and some credit unions are good alternatives.
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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.