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SBA lending by metro area

SBA lenders in Dover, DE

Which lenders fund Dover-area businesses, how much, and how the market compares with Delaware: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
484
Total funded
$166.2M
Average loan
$343K
7(a) charge-off
3.7%

Top SBA lenders in the Dover area

Ranked by SBA volume funded to businesses located in the Dover metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Live Oak Banking Company 20 $34.1M $1.7M 0.00%
2 First Financial Bank 15 $23.5M $1.6M not reported
3 Wilmington Savings Fund Society FSB 90 $16.6M $185K 1.11%
4 Manufacturers and Traders Trust Company 141 $13.6M $96K 3.55%
5 Delaware Community Development Corporation 13 $5.0M $388K not reported
6 Newtek Small Business Finance, Inc. 6 $4.2M $703K not reported
7 True Access Capital Corporation 9 $4.1M $460K not reported
8 Wells Fargo Bank National Association 19 $2.9M $155K not reported
9 Citizens Bank, National Association 19 $2.8M $147K not reported
10 TD Bank, National Association 43 $2.5M $57K 9.30%

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Dover compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Dover area $75K ▼ 25.0% 3.9%
Delaware$100K3.8%
United States$179K11.2%

What gets funded in Dover

IndustryLoansTotal funded
Agriculture, Forestry, Fishing 41 $53.1M
Accommodation and Food Services 45 $27.6M
Other Services 41 $11.8M
Retail Trade 77 $10.9M
Transportation and Warehousing 29 $9.4M
Health Care and Social Assistance 31 $9.0M
Manufacturing 19 $8.4M
Professional and Technical Services 45 $8.3M

SBA lending in Dover by year

Geography, precisely

"Dover area" here means the Dover, DE metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Kent County, DE. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.