47 SBA loans worth $26.3M went to businesses in Westminster, MD between October 2021 and June 2026, from 16 lenders. Manufacturers and Traders Trust made the most, 20 loans. The median loan was $250,000, compared with $141,500 across Maryland, and administrative and support services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 20 | $6.1M | $95,000 | 35% |
| 2 | Northeast Bank Bank · Portland, ME | 5 | $1.1M | $150,000 | 0% |
| 3 | Newtek Bank Bank · Miami, FL | 4 | $3.0M | $425,000 | 25% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 2 | $5.3M | $2,675,000 | 50% |
| 5 | Meridian Bank Bank · Wayne, PA | 2 | $3.8M | $1,875,000 | 0% |
| 6 | Farmers & Merchants Bank Bank · Upperco, MD | 2 | $1.4M | $717,500 | 0% |
| 7 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $870K | $435,000 | 50% |
| 8 | Woori America Bank Bank · New York, NY | 2 | $560K | $280,000 | 100% |
| 9 | Bank of America Bank · Charlotte, NC | 1 | $1.8M | $1,750,400 | 0% |
| 10 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $715K | $715,000 | 0% |
| 11 | PNC Bank Bank · Wilmington, DE | 1 | $630K | $630,000 | 0% |
| 12 | Celtic Bank Bank · Salt Lake City, UT | 1 | $468K | $468,000 | 0% |
| 13 | SouthState Bank Bank · Winter Haven, FL | 1 | $350K | $350,000 | 0% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 15 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $30K | $30,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 6 | $100,000 | Manufacturers and Traders Trust | |
| Construction | 6 | $375,000 | Northeast Bank | |
| Professional and technical services | 6 | $300,000 | Manufacturers and Traders Trust | |
| Health care and social assistance | 5 | $150,000 | Northeast Bank | |
| Other services (repair, personal care) | 5 | $113,500 | Manufacturers and Traders Trust | |
| Retail | 4 | $309,250 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 4 | $280,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 3 | $20,000 | Manufacturers and Traders Trust |