SBA lender profile
Somerset Trust Company
Somerset Trust Company appears in the public SBA loan data with 47 funded 7(a) loans since FY2010, totaling $25.0M, an average of $531K per loan, and an estimated 588 jobs supported. Its SBA lending concentrates in Pennsylvania and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 80
- Scale 33
- Activity 54
- Consistency 65
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Somerset Trust Company the right lender for you?
Lenders fund what they know. Somerset Trust Company's SBA lending concentrates in Pennsylvania (42 loans) and Accommodation and Food Services (14 loans), at an average loan of $531K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
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 | 42 | $20.6M |
| Maryland | 4 | $4.2M |
| Virginia | 1 | $200K |
Metro areas where Somerset Trust Company funds
What Somerset Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 14 | $10.5M |
| Wholesale Trade | 2 | $5.1M |
| Manufacturing | 8 | $3.1M |
| Health Care and Social Assistance | 5 | $1.3M |
| Arts, Entertainment, Recreation | 4 | $994K |
| Construction | 2 | $888K |
Somerset Trust Company SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 7 | $3.2M |
| 2011 | 3 | $995K |
| 2012 | 2 | $301K |
| 2013 | 4 | $6.9M |
| 2015 | 1 | $340K |
| 2017 | 2 | $2.8M |
| 2019 | 1 | $315K |
| 2020 | 1 | $540K |
| 2022 | 3 | $1.2M |
| 2023 | 2 | $68K |
| 2024 | 9 | $1.9M |
| 2025 | 9 | $5.8M |
| 2026 | 3 | $690K |
Related SBA lenders
Other lenders active in Pennsylvania or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Somerset Trust Company: frequently asked questions
Does Somerset Trust Company offer SBA loans?
Yes. Somerset Trust Company appears in the public SBA data with 47 funded SBA 7(a) loans totaling $25.0M.
How many SBA loans has Somerset Trust Company made?
Somerset Trust Company is associated with 47 SBA 7(a) loans totaling $25.0M in the public SBA data (as of 2026-03-31).
What is Somerset Trust Company's SBA charge-off rate?
About 0.0% of Somerset Trust Company's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Somerset Trust Company do most of its SBA lending?
Somerset Trust Company's SBA lending in the data is most concentrated in Pennsylvania, and by industry in Accommodation and Food Services.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Somerset Trust Company SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/somerset-trust-company/
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