SBA lending by district
SBA lending in MD-03
SBA 7(a) and 504 financing in Maryland's 3rd 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
- 2,733
- Total funded
- $1.1B
- Average loan
- $403K
- 7(a) charge-off
- 4.0%
Borrowers in Maryland's 3rd district took 2,733 SBA loans worth $1.1B since FY2010, averaging $403K. Of the 2,599 7(a) loans, 4.0% have charged off. See the rest of Maryland.
SBA funded volume by fiscal year
Top SBA lenders in MD-03
- 1. Manufacturers and Traders Trust Company $153.5M
- 2. Business Finance Group, Inc. $84.5M
- 3. Truist Bank $80.4M
- 4. Live Oak Banking Company $60.6M
- 5. Atlantic Union Bank $44.7M
- 6. Fulton Bank, National Association $42.6M
- 7. Hanmi Bank $34.9M
- 8. Wells Fargo Bank National Association $33.5M
- 9. Chesapeake Business Finance Corporation $29.6M
- 10. Beacon Bank and Trust $23.5M
Method. SBA 7(a) and 504 loans the SBA recorded in MD-03,
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.