35 SBA loans worth $16.1M went to businesses in Essex, MD between October 2021 and June 2026, from 15 lenders. Manufacturers and Traders Trust made the most, 15 loans. The median loan was $75,000, compared with $141,500 across Maryland, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 15 | $497K | $25,000 | 40% |
| 2 | Bank of America Bank · Charlotte, NC | 3 | $220K | $73,900 | 0% |
| 3 | Fulton Bank Bank · Lancaster, PA | 2 | $4.3M | $2,155,000 | 100% |
| 4 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 2 | $1.3M | $637,500 | 0% |
| 5 | Celtic Bank Bank · Salt Lake City, UT | 2 | $758K | $379,000 | 100% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $700K | $350,000 | 0% |
| 7 | Hanmi Bank Bank · Los Angeles, CA | 1 | $2.8M | $2,780,000 | 0% |
| 8 | VelocitySBA Non-bank lender · Irving, TX | 1 | $2.5M | $2,473,000 | 0% |
| 9 | TD Bank Bank · Wilmington, DE | 1 | $1.9M | $1,950,000 | 100% |
| 10 | BayVanguard Bank Bank · Baltimore, MD | 1 | $444K | $444,000 | 0% |
| 11 | Northeast Bank Bank · Portland, ME | 1 | $250K | $250,000 | 0% |
| 12 | EagleBank Bank · Bethesda, MD | 1 | $200K | $200,000 | 100% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 14 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $75K | $75,000 | 0% |
| 15 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $40K | $40,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 6 | $540,750 | Harvest Small Business Finance | |
| Restaurants and hotels | 5 | $90,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 4 | $73,200 | Bank of America | |
| Construction | 4 | $162,500 | Manufacturers and Traders Trust | |
| Manufacturing | 4 | $195,000 | Manufacturers and Traders Trust | |
| Real estate and rental | 3 | $20,200 | Manufacturers and Traders Trust | |
| Wholesale trade | 3 | $350,000 | Newtek Bank | |
| Health care and social assistance | 3 | $200,000 | EagleBank |