125 SBA loans worth $66.8M went to businesses in Newark, DE between October 2021 and June 2026, from 30 lenders. Manufacturers and Traders Trust made the most, 29 loans. The median loan was $125,000, compared with $100,000 across Delaware, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 29 | $10.0M | $78,700 | 31% |
| 2 | TD Bank Bank · Wilmington, DE | 21 | $1.0M | $39,000 | 38% |
| 3 | Huntington National Bank Bank · Columbus, OH | 9 | $2.1M | $130,000 | 56% |
| 4 | BayFirst National Bank Bank · St. Petersburg, FL | 7 | $2.8M | $150,000 | 14% |
| 5 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 6 | $10.8M | $1,900,000 | 17% |
| 6 | PNC Bank Bank · Wilmington, DE | 6 | $1.3M | $75,000 | 50% |
| 7 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 5 | $2.5M | $180,300 | 40% |
| 8 | Northeast Bank Bank · Portland, ME | 5 | $642K | $150,000 | 20% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $75K | $12,500 | 100% |
| 10 | Beacon Bank and Trust Bank · Boston, MA | 3 | $5.3M | $513,000 | 33% |
| 11 | Newtek Bank Bank · Miami, FL | 3 | $5.2M | $100,000 | 33% |
| 12 | Fulton Bank Bank · Lancaster, PA | 3 | $4.5M | $627,000 | 67% |
| 13 | Delaware Community Development Certified development company · Wilmington, DE | 3 | $2.7M | $908,000 | 0% |
| 14 | Univest Bank and Trust Co Bank · Souderton, PA | 2 | $4.8M | $2,380,000 | 0% |
| 15 | Celtic Bank Bank · Salt Lake City, UT | 2 | $3.1M | $1,560,500 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 19 | $100,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 19 | $150,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 15 | $100,000 | Manufacturers and Traders Trust | |
| Retail | 13 | $160,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 11 | $50,000 | Huntington National Bank | |
| Health care and social assistance | 11 | $350,000 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 8 | $1,050,000 | Wilmington Savings Fund Society FSB | |
| Other services (repair, personal care) | 7 | $50,000 | PNC Bank |