SBA lender profile
Somerset Trust Company
Somerset Trust Company appears in the public SBA loan data with 27 funded 7(a) loans totaling $10.2M, an average of $376K per loan, and an estimated 220 jobs supported. Its SBA lending concentrates in Pennsylvania and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
27
Total volume
$10.2M
Average loan size
$376K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
220
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.5B
- Headquarters
- Somerset, PA
- FDIC cert
- #11112
- Status
- Active
Where Somerset Trust Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Pennsylvania | 23 | $6.1M |
| Maryland | 3 | $3.9M |
| Virginia | 1 | $200K |
What Somerset Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 6 | $4.7M |
| Manufacturing | 6 | $2.4M |
| Professional and Technical Services | 2 | $643K |
| Health Care and Social Assistance | 3 | $636K |
| Other Services | 2 | $421K |
| Retail Trade | 1 | $400K |
Somerset Trust Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $540K |
| 2022 | 3 | $1.2M |
| 2023 | 2 | $68K |
| 2024 | 9 | $1.9M |
| 2025 | 9 | $5.8M |
| 2026 | 3 | $690K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Somerset Trust Company's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.