30 SBA loans worth $12.2M went to businesses in Rehoboth Beach, DE between October 2021 and June 2026, from 13 lenders. Manufacturers and Traders Trust made the most, 9 loans. The median loan was $150,000, compared with $100,000 across Delaware, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 9 | $290K | $30,000 | 44% |
| 2 | Fulton Bank Bank · Lancaster, PA | 4 | $3.1M | $615,500 | 25% |
| 3 | Newtek Bank Bank · Miami, FL | 4 | $2.0M | $375,000 | 50% |
| 4 | Customers Bank Bank · Malvern, PA | 2 | $1.7M | $863,000 | 0% |
| 5 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 2 | $1.2M | $624,000 | 100% |
| 6 | Northeast Bank Bank · Portland, ME | 2 | $475K | $237,500 | 0% |
| 7 | Community Bank Delaware Bank · Lewes, DE | 1 | $1.9M | $1,850,000 | 0% |
| 8 | ConnectOne Bank Bank · Englewood Cliffs, NJ | 1 | $830K | $830,000 | 100% |
| 9 | Burke & Herbert Bank & Trust Bank · Alexandria, VA | 1 | $349K | $349,200 | 0% |
| 10 | Heritage Bank Bank · Burlington, KY | 1 | $150K | $150,000 | 0% |
| 11 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 1 | $150K | $150,000 | 0% |
| 12 | PNC Bank Bank · Wilmington, DE | 1 | $60K | $60,000 | 0% |
| 13 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $15K | $15,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 11 | $150,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 9 | $50,000 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 3 | $250,000 | Newtek Bank | |
| Professional and technical services | 3 | $232,500 | Fulton Bank | |
| Health care and social assistance | 2 | $349,600 | Northeast Bank | |
| Other services (repair, personal care) | 1 | $50,000 | Manufacturers and Traders Trust | |
| Wholesale trade | 1 | $150,000 | Heritage Bank |