SBA lending by district
SBA lending in MD-07
SBA 7(a) and 504 financing in Maryland's 7th 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
- 427
- Total funded
- $161.7M
- Average loan
- $379K
- 7(a) charge-off
- 4.4%
Borrowers in Maryland's 7th district took 427 SBA loans worth $161.7M since FY2010, averaging $379K. Of the 409 7(a) loans, 4.4% have charged off. See the rest of Maryland.
SBA funded volume by fiscal year
Top SBA lenders in MD-07
- 1. Manufacturers and Traders Trust Company $17.5M
- 2. Business Finance Group, Inc. $12.9M
- 3. Truist Bank $10.5M
- 4. Fulton Bank, National Association $9.4M
- 5. Wells Fargo Bank National Association $8.6M
- 6. Hanmi Bank $7.3M
- 7. Beacon Bank and Trust $7.3M
- 8. New Millennium Bank $6.1M
- 9. Poppy Bank $4.9M
- 10. Meridian Bank $4.7M
Method. SBA 7(a) and 504 loans the SBA recorded in MD-07,
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.