Northwest Bank approved 695 SBA loans worth $380.2M between October 2021 and June 2026, ranking #55 of 2,283 SBA lenders nationally by loan count. Its median loan was $160,000, and 53% went to startups or businesses under two years old. It lent in 33 states, most often in Pennsylvania, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Pennsylvania | 293 | $103.1M | $108,100 | #9 |
| Ohio | 133 | $76.6M | $222,000 | #16 |
| New York | 92 | $27.5M | $100,000 | #33 |
| Indiana | 33 | $16.2M | $100,000 | #40 |
| Florida | 25 | $20.0M | $350,000 | #103 |
| Colorado | 25 | $15.1M | $400,000 | #47 |
| Massachusetts | 17 | $23.9M | $663,000 | #58 |
| New Hampshire | 10 | $13.3M | $548,500 | #39 |
| Texas | 7 | $6.1M | $300,000 | #236 |
| Illinois | 6 | $3.1M | $581,000 | #136 |
| Maine | 5 | $11.1M | $2,586,000 | #29 |
| North Carolina | 4 | $1.4M | $250,000 | #120 |
| Washington | 4 | $3.4M | $312,500 | #116 |
| Connecticut | 4 | $3.5M | $681,000 | #79 |
| West Virginia | 4 | $1.9M | $439,950 | #29 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 122 | $150,000 | |
| Manufacturing | 82 | $225,000 | |
| Other services (repair, personal care) | 75 | $148,000 | |
| Retail | 72 | $200,000 | |
| Construction | 61 | $120,000 | |
| Health care and social assistance | 43 | $100,000 | |
| Administrative and support services | 42 | $129,950 | |
| Professional and technical services | 40 | $227,500 | |
| Transportation and warehousing | 40 | $199,000 | |
| Arts, entertainment and recreation | 33 | $100,000 |