91 SBA loans worth $52.0M went to businesses in Hagerstown, MD between October 2021 and June 2026, from 30 lenders. Manufacturers and Traders Trust made the most, 46 loans. The median loan was $100,000, compared with $141,500 across Maryland, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 46 | $5.0M | $50,000 | 43% |
| 2 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $4.7M | $35,400 | 25% |
| 3 | Huntington National Bank Bank · Columbus, OH | 4 | $2.3M | $300,000 | 50% |
| 4 | Newtek Bank Bank · Miami, FL | 4 | $1.4M | $325,000 | 25% |
| 5 | Banc of California Bank · Los Angeles, CA | 2 | $8.3M | $4,175,000 | 0% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 2 | $6.7M | $3,325,000 | 0% |
| 7 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $3.1M | $1,560,500 | 0% |
| 8 | Business Finance Group Certified development company · Fairfax, VA | 2 | $1.3M | $662,000 | 50% |
| 9 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 2 | $1.0M | $503,600 | 0% |
| 10 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $438K | $219,250 | 50% |
| 11 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 2 | $385K | $192,700 | 50% |
| 12 | Somerset Trust Bank · Somerset, PA | 1 | $3.7M | $3,747,400 | 100% |
| 13 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $3.3M | $3,302,000 | 100% |
| 14 | Bank Five Nine Bank · Oconomowoc, WI | 1 | $3.2M | $3,235,000 | 0% |
| 15 | OceanFirst Bank Bank · Toms River, NJ | 1 | $1.6M | $1,595,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 19 | $90,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 10 | $70,000 | Manufacturers and Traders Trust | |
| Manufacturing | 9 | $656,000 | Fifth Third Bank | |
| Professional and technical services | 8 | $139,350 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 8 | $409,000 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 7 | $40,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 6 | $190,000 | Manufacturers and Traders Trust | |
| Construction | 5 | $150,000 | Celtic Bank |