SBA lending by state
SBA Lending in Pennsylvania
In Pennsylvania, SBA lenders funded 32,241 7(a) and 504 loans since FY2010, totaling $13.4B, an average of $415K per loan. The most active lender is The Huntington National Bank, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
Top SBA lenders in Pennsylvania
Ranked by SBA loans funded in Pennsylvania since FY2010. Each lender's figures, including its 7(a) charge-off rate, cover its Pennsylvania loans only. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in Pennsylvania shows “not reported,” never 0%.
See the full Pennsylvania ranking : up to 25 lenders, with the 7(a) vs 504 leaders and industry context.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 3,633 | $732.1M | $202K | 2.97% |
| 2 | Manufacturers and Traders Trust Company | 3,369 | $408.0M | $121K | 4.39% |
| 3 | TD Bank, National Association | 2,507 | $311.4M | $124K | 6.50% |
| 4 | Citizens Bank, National Association | 1,372 | $238.2M | $174K | 2.77% |
| 5 | Wells Fargo Bank National Association | 1,170 | $236.7M | $202K | 6.15% |
| 6 | PNC Bank, National Association | 1,058 | $257.0M | $243K | 2.84% |
| 7 | First Commonwealth Bank | 947 | $503.0M | $531K | 2.43% |
| 8 | Wilmington Savings Fund Society FSB | 868 | $608.3M | $701K | 4.84% |
| 9 | KeyBank National Association | 857 | $213.5M | $249K | 1.75% |
| 10 | First National Bank of Pennsylvania | 652 | $290.8M | $446K | 2.45% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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504 lenders (CDCs) in Pennsylvania
An SBA 504 project in Pennsylvania pairs two lenders: a bank or credit union funds roughly half the cost as a first mortgage, and a Certified Development Company (CDC) funds about 40% through an SBA-backed debenture, with the borrower putting down around 10%. Below are the CDCs most active on 504 loans in Pennsylvania, ranked by 504 loans funded in the state since FY2010. Figures are 504-only; charge-off is reported on 7(a) loans only and does not apply to CDCs.
| CDC | 504 loans | 504 volume |
|---|---|---|
| South Eastern Economic Development Company of Pennsylvania | 483 | $431.9M |
| Empire State Certified Development Corporation | 421 | $410.3M |
| Regional Development Funding Corporation | 288 | $214.2M |
| EDC Finance Corporation | 175 | $158.3M |
| SEDA-COG Local Development Corporation | 161 | $115.5M |
| NEPA Alliance Business Finance Corporation | 153 | $120.5M |
| The Pennsylvania Community Development and Finance Corporation | 80 | $67.6M |
| Northeastern Economic Development Company of PA-CDC, Inc. | 66 | $55.8M |
| Trenton Business Assistance Corporation | 46 | $78.7M |
| Altoona-Blair County Development Corporation | 25 | $21.1M |
Showing the 10 CDCs most active on 504 loans in Pennsylvania; the full directory lists every CDC.
All Certified Development Companies · Current 504 loan rates · How 504 loans work
Top industries funded in Pennsylvania
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 4,709 | $2.7B |
| Manufacturing | 2,780 | $1.8B |
| Retail Trade | 3,920 | $1.5B |
| Health Care and Social Assistance | 2,899 | $1.3B |
| Professional and Technical Services | 2,934 | $1.1B |
| Other Services | 3,136 | $1.1B |
| Construction | 3,748 | $965.4M |
| Wholesale Trade | 1,316 | $692.7M |
Top cities for SBA loans in Pennsylvania
Where SBA 7(a) and 504 borrowers in Pennsylvania are located, by funded volume.
| City | Loans | Total volume |
|---|---|---|
| Philadelphia | 3,338 | $1.3B |
| Pittsburgh | 2,055 | $706.2M |
| Lancaster | 561 | $267.8M |
| West Chester | 384 | $226.9M |
| Allentown | 472 | $218.1M |
| Harrisburg | 468 | $215.3M |
| York | 446 | $193.4M |
| Reading | 478 | $186.9M |
SBA lending by metro area in Pennsylvania
Which lenders fund each Pennsylvania market, with local loan sizes and industries.
- SBA lenders in Philadelphia, PA 18,324 loans
- SBA lenders in Pittsburgh, PA 7,041 loans
- SBA lenders in Allentown, PA 1,987 loans
- SBA lenders in Lancaster, PA 1,310 loans
- SBA lenders in Harrisburg, PA 1,377 loans
- SBA lenders in Reading, PA 1,187 loans
- SBA lenders in Scranton, PA 1,436 loans
- SBA lenders in York, PA 1,109 loans
- SBA lenders in East Stroudsburg, PA 287 loans
- SBA lenders in Erie, PA 479 loans
- SBA lenders in Hermitage, PA 348 loans
- SBA lenders in State College, PA 235 loans
- SBA lenders in Sunbury, PA 202 loans
- SBA lenders in Chambersburg, PA 222 loans
- SBA lenders in Lebanon, PA 185 loans
- SBA lenders in Williamsport, PA 213 loans
- SBA lenders in Altoona, PA 203 loans
- SBA lenders in Pottsville, PA 240 loans
- SBA lenders in Gettysburg, PA 170 loans
- SBA lenders in Somerset, PA 72 loans
- SBA lenders in DuBois, PA 99 loans
- SBA lenders in Meadville, PA 118 loans
- SBA lenders in Hemlock Farms, PA 81 loans
- SBA lenders in Sayre, PA 164 loans
- SBA lenders in Bloomsburg, PA 74 loans
- SBA lenders in Johnstown, PA 74 loans
- SBA lenders in Indiana, PA 69 loans
- SBA lenders in Lewisburg, PA 90 loans
- SBA lenders in St. Marys, PA 53 loans
- SBA lenders in Selinsgrove, PA 53 loans
- SBA lenders in Lock Haven, PA 76 loans
- SBA lenders in Lewistown, PA 35 loans
- SBA lenders in Oil City, PA 46 loans
- SBA lenders in Bradford, PA 55 loans
- SBA lenders in Warren, PA 47 loans
SBA lending in Pennsylvania by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 1,529 | $454.8M |
| 2011 | 1,785 | $671.7M |
| 2012 | 1,533 | $567.6M |
| 2013 | 1,566 | $651.7M |
| 2014 | 1,777 | $611.1M |
| 2015 | 2,023 | $702.4M |
| 2016 | 2,173 | $708.7M |
| 2017 | 2,176 | $776.1M |
| 2018 | 2,197 | $898.2M |
| 2019 | 1,862 | $715.2M |
| 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 |
SBA lending in Pennsylvania: frequently asked questions
How much SBA lending is there in Pennsylvania?
SBA lenders funded 32,241 7(a) and 504 loans totaling $13.4B in Pennsylvania in the public SBA data (as of 2026-03-31), an average of $415K per loan.
Who is the most active SBA lender in Pennsylvania?
The Huntington National Bank is the most active SBA lender in Pennsylvania in the public data, by loans funded.
What industries get the most SBA loans in Pennsylvania?
The most-funded industry for SBA loans in Pennsylvania is Accommodation and Food Services.
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