SBA lending by district
SBA lending in MD-01
SBA 7(a) and 504 financing in Maryland's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 2,531
- Total funded
- $940.3M
- Average loan
- $372K
- 7(a) charge-off
- 4.8%
Borrowers in Maryland's 1st district took 2,531 SBA loans worth $940.3M since FY2010, averaging $372K. Of the 2,389 7(a) loans, 4.8% have charged off. See the rest of Maryland.
SBA funded volume by fiscal year
Top SBA lenders in MD-01
- 1. Manufacturers and Traders Trust Company $147.6M
- 2. Business Finance Group, Inc. $76.5M
- 3. Live Oak Banking Company $68.2M
- 4. Truist Bank $55.6M
- 5. Fulton Bank, National Association $50.6M
- 6. Chesapeake Business Finance Corporation $44.0M
- 7. First National Bank of Pennsylvania $38.6M
- 8. First Financial Bank $28.8M
- 9. Wells Fargo Bank National Association $27.7M
- 10. PNC Bank, National Association $20.3M
Method. SBA 7(a) and 504 loans the SBA recorded in MD-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.