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SBA lending by metro area

SBA lenders in Erie, PA

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

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

SBA loans
479
Total funded
$171.6M
Average loan
$358K
7(a) charge-off
1.6%

Top SBA lenders in the Erie area

Ranked by SBA volume funded to businesses located in the Erie 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 Northwest Bank 108 $33.3M $308K 0.00%
2 Empire State Certified Development Corporation 17 $17.4M $1.0M not reported
3 Live Oak Banking Company 12 $15.0M $1.2M not reported
4 The Huntington National Bank 116 $14.3M $123K 0.86%
5 First National Bank of Pennsylvania 13 $7.9M $607K not reported
6 Regional Development Funding Corporation 8 $6.7M $841K not reported
7 Citizens Bank, National Association 33 $6.5M $196K 3.03%
8 KeyBank National Association 32 $4.7M $147K 0.00%
9 SEDA-COG Local Development Corporation 5 $4.2M $839K not reported
10 CNB Bank 27 $3.6M $135K 0.00%

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

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How Erie compares

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

Median loan504 share
Erie area $117K ▼ 22.0% 6.0%
Pennsylvania$150K6.2%
United States$179K11.2%

What gets funded in Erie

IndustryLoansTotal funded
Accommodation and Food Services 78 $46.1M
Manufacturing 51 $30.3M
Retail Trade 63 $20.3M
Health Care and Social Assistance 37 $16.7M
Professional and Technical Services 17 $10.4M
Transportation and Warehousing 49 $8.6M
Other Services 36 $8.3M
Wholesale Trade 25 $7.1M

SBA lending in Erie by year

Geography, precisely

"Erie area" here means the Erie, PA metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Erie County, PA. 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.