40 SBA loans worth $14.8M went to businesses in Cumberland, MD between October 2021 and June 2026, from 11 lenders. Manufacturers and Traders Trust made the most, 26 loans. The median loan was $50,000, compared with $141,500 across Maryland, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 26 | $1.2M | $32,600 | 62% |
| 2 | GBank Bank · Las Vegas, NV | 2 | $5.5M | $2,760,500 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 2 | $4.0M | $1,975,000 | 50% |
| 4 | Business Finance Group Certified development company · Fairfax, VA | 2 | $443K | $221,500 | 100% |
| 5 | FNB Bank Bank · Romney, WV | 2 | $345K | $172,500 | 0% |
| 6 | First Federal Savings and Loan Association of Lakewood Bank · Lakewood, OH | 1 | $1.2M | $1,215,000 | 0% |
| 7 | Hometown Bank Bank · Kent, OH | 1 | $1.0M | $1,036,400 | 0% |
| 8 | Newtek Bank Bank · Miami, FL | 1 | $550K | $550,000 | 0% |
| 9 | Bank of Clarke Bank · Berryville, VA | 1 | $405K | $405,000 | 0% |
| 10 | Somerset Trust Bank · Somerset, PA | 1 | $108K | $108,000 | 100% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $15K | $15,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 11 | $110,000 | Manufacturers and Traders Trust | |
| Retail | 9 | $134,500 | Manufacturers and Traders Trust | |
| Health care and social assistance | 8 | $75,000 | Manufacturers and Traders Trust | |
| Finance and insurance | 3 | $45,000 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 2 | $84,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 2 | $32,500 | Readycap Lending | |
| Manufacturing | 1 | $10,000 | Manufacturers and Traders Trust | |
| Real estate and rental | 1 | $40,000 | Manufacturers and Traders Trust |