SBA lending by state
SBA Lending in Pennsylvania
In Pennsylvania, SBA lenders funded 14,689 7(a) and 504 loans totaling $7.5B, an average of $509K per loan. The most active lender is South Eastern Economic Development Company of Pennsylvania, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
14,689
Total volume
$7.5B
Average loan size
$509K
Most active SBA lenders in Pennsylvania
| Lender | Loans | Total volume |
|---|---|---|
| South Eastern Economic Development Company of Pennsylvania | 483 | $431.9M |
| Empire State Certified Development Corporation | 422 | $410.4M |
| The Huntington National Bank | 1,785 | $382.2M |
| Live Oak Banking Company | 294 | $366.8M |
| Meridian Bank | 367 | $329.0M |
| Wilmington Savings Fund Society FSB | 364 | $296.0M |
| First Commonwealth Bank | 426 | $284.9M |
| Regional Development Funding Corporation | 288 | $214.2M |
Top industries funded in Pennsylvania
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 2,013 | $1.4B |
| Manufacturing | 1,202 | $931.6M |
| Retail Trade | 1,663 | $832.1M |
| Health Care and Social Assistance | 1,307 | $701.9M |
| Construction | 1,898 | $639.5M |
| Other Services | 1,507 | $618.5M |
| Professional and Technical Services | 1,239 | $610.7M |
| Wholesale Trade | 554 | $403.1M |
SBA lending in Pennsylvania by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 135 | $88.0M |
| 2011 | 118 | $90.9M |
| 2012 | 153 | $136.2M |
| 2013 | 98 | $72.2M |
| 2014 | 85 | $77.0M |
| 2015 | 78 | $70.8M |
| 2016 | 95 | $69.4M |
| 2017 | 111 | $88.3M |
| 2018 | 89 | $81.2M |
| 2019 | 107 | $86.7M |
| 2020 | 1,403 | $692.5M |
| 2021 | 1,807 | $1.1B |
| 2022 | 1,941 | $1.0B |
| 2023 | 2,163 | $909.9M |
| 2024 | 2,543 | $1.0B |
| 2025 | 2,834 | $1.4B |
| 2026 | 929 | $486.7M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.