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SBA lenders in Baltimore, MD

SBA 7(a) and 504 loans to businesses in Baltimore (Baltimore (city) County), October 2021 to June 30, 2026 · Updated October 15, 2026
498
SBA loans approved
$209.8M
Total approved
$150,000
Median loan
71
Lenders active
34%
To startups

498 SBA loans worth $209.8M went to businesses in Baltimore, MD between October 2021 and June 2026, from 71 lenders. Manufacturers and Traders Trust made the most, 195 loans. The median loan was $150,000, compared with $141,500 across Maryland, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Baltimore

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
195$21.7M$50,00038%
2Readycap Lending
Non-bank lender · Berkeley Heights, NJ
23$9.7M$160,00017%
3BayFirst National Bank
Bank · St. Petersburg, FL
22$4.1M$150,0005%
4Fulton Bank
Bank · Lancaster, PA
18$10.0M$378,80050%
5Newtek Bank
Bank · Miami, FL
14$4.4M$300,00014%
6Business Finance Group
Certified development company · Fairfax, VA
13$13.5M$781,0008%
7Northeast Bank
Bank · Portland, ME
13$2.0M$110,30015%
8TD Bank
Bank · Wilmington, DE
12$1.9M$62,5008%
9Wells Fargo Bank
Bank · Sioux Falls, SD
11$1.1M$20,00082%
10Univest Bank and Trust Co
Bank · Souderton, PA
9$6.5M$400,00056%
11Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
8$7.7M$866,70025%
12Celtic Bank
Bank · Salt Lake City, UT
8$6.3M$150,00025%
13Open Bank
Bank · Los Angeles, CA
8$5.6M$582,50012%
14PNC Bank
Bank · Wilmington, DE
8$726K$27,50050%
15Newtek Small Business Finance
Non-bank lender · Lake Success, NY
7$1.5M$110,00043%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Baltimore. For 504 loans the lender shown is the certified development company.

What gets financed in Baltimore

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels89
18%
$223,000Manufacturers and Traders Trust
Retail73
15%
$235,000Manufacturers and Traders Trust
Professional and technical services69
14%
$144,700Manufacturers and Traders Trust
Health care and social assistance65
13%
$112,000Manufacturers and Traders Trust
Other services (repair, personal care)47
9%
$150,000Manufacturers and Traders Trust
Construction34
7%
$110,000Manufacturers and Traders Trust
Transportation and warehousing28
6%
$58,900Manufacturers and Traders Trust
Manufacturing21
4%
$400,000Manufacturers and Traders Trust
Loan size mix
  • Under $150,00049%
  • $150,000 to $500,00030%
  • $500,000 to $2 million17%
  • $2 million and up5%
Compared with Maryland
Median loan, Baltimore
$150,000
Median loan, Maryland
$141,500
Startup share, Baltimore
34%
Startup share, Maryland
37%
Share of state's SBA loans
9.1%

SBA loans per fiscal year in Baltimore

067133200FY14: 81 loansFY14FY15: 92 loansFY15FY16: 103 loansFY16FY17: 89 loansFY17FY18: 117 loansFY18117FY19: 106 loansFY19FY20: 70 loansFY20FY21: 82 loansFY21FY22: 88 loansFY22FY23: 108 loansFY23FY24: 112 loansFY24FY25: 109 loansFY25FY26 (Oct to Jun): 81 loansFY2681
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.