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SBA lenders in Silver Spring, MD

SBA 7(a) and 504 loans to businesses in Silver Spring (Montgomery County), October 2021 to June 30, 2026 · Updated October 15, 2026
174
SBA loans approved
$62.2M
Total approved
$100,000
Median loan
40
Lenders active
32%
To startups

174 SBA loans worth $62.2M went to businesses in Silver Spring, MD between October 2021 and June 2026, from 40 lenders. Manufacturers and Traders Trust made the most, 49 loans. The median loan was $100,000, compared with $141,500 across Maryland, and professional and technical services was the most financed industry.

Most active SBA lenders in Silver Spring

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
49$8.3M$50,00037%
2TD Bank
Bank · Wilmington, DE
21$883K$25,00038%
3Huntington National Bank
Bank · Columbus, OH
12$6.9M$350,00033%
4Northeast Bank
Bank · Portland, ME
12$1.7M$120,4500%
5Newtek Bank
Bank · Miami, FL
9$5.1M$330,00033%
6Readycap Lending
Non-bank lender · Berkeley Heights, NJ
9$5.0M$50,00033%
7Bank of America
Bank · Charlotte, NC
5$1.3M$330,00040%
8Wells Fargo Bank
Bank · Sioux Falls, SD
5$353K$25,00080%
9Lendistry SBLC
Non-bank lender · Los Angeles, CA
4$503K$125,0000%
10PNC Bank
Bank · Wilmington, DE
4$417K$40,000100%
11Business Finance Group
Certified development company · Fairfax, VA
3$7.1M$1,354,0000%
12Hanmi Bank
Bank · Los Angeles, CA
3$5.7M$453,0000%
13Capital Bank
Bank · Rockville, MD
3$3.8M$900,0000%
14Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
3$1.7M$582,0000%
15BayFirst National Bank
Bank · St. Petersburg, FL
3$397K$150,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Silver Spring. For 504 loans the lender shown is the certified development company.

What gets financed in Silver Spring

IndustryLoansShareMedian loanMost active lender
Professional and technical services27
16%
$53,500Manufacturers and Traders Trust
Health care and social assistance26
15%
$149,100Manufacturers and Traders Trust
Other services (repair, personal care)21
12%
$100,000Manufacturers and Traders Trust
Construction20
11%
$100,000Huntington National Bank
Restaurants and hotels20
11%
$272,100Manufacturers and Traders Trust
Retail12
7%
$141,000Wells Fargo Bank
Administrative and support services12
7%
$90,000Manufacturers and Traders Trust
Manufacturing7
4%
$75,000TD Bank
Loan size mix
  • Under $150,00060%
  • $150,000 to $500,00023%
  • $500,000 to $2 million12%
  • $2 million and up5%
Compared with Maryland
Median loan, Silver Spring
$100,000
Median loan, Maryland
$141,500
Startup share, Silver Spring
32%
Startup share, Maryland
37%
Share of state's SBA loans
3.2%

SBA loans per fiscal year in Silver Spring

0204060FY14: 15 loansFY14FY15: 24 loansFY15FY16: 33 loansFY16FY17: 20 loansFY17FY18: 37 loansFY18FY19: 22 loansFY19FY20: 21 loansFY20FY21: 30 loansFY21FY22: 19 loansFY22FY23: 35 loansFY23FY24: 58 loansFY2458FY25: 38 loansFY25FY26 (Oct to Jun): 24 loansFY2624
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.