58 SBA loans worth $24.5M went to businesses in Malvern, PA between October 2021 and June 2026, from 24 lenders. TD Bank made the most, 11 loans. The median loan was $200,000, compared with $150,000 across Pennsylvania, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 11 | $960K | $50,000 | 36% |
| 2 | First Commonwealth Bank Bank · Indiana, PA | 6 | $3.8M | $775,000 | 0% |
| 3 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 6 | $3.2M | $288,000 | 67% |
| 4 | Manufacturers and Traders Trust Bank · Buffalo, NY | 5 | $569K | $60,000 | 0% |
| 5 | Meridian Bank Bank · Wayne, PA | 4 | $5.1M | $872,500 | 100% |
| 6 | Newtek Bank Bank · Miami, FL | 4 | $625K | $87,500 | 0% |
| 7 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $216K | $50,000 | 67% |
| 8 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $563K | $281,450 | 50% |
| 9 | Huntington National Bank Bank · Columbus, OH | 2 | $247K | $123,500 | 100% |
| 10 | Fulton Bank Bank · Lancaster, PA | 1 | $3.7M | $3,718,000 | 100% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 1 | $1.4M | $1,350,000 | 100% |
| 12 | South Eastern Economic Development Company of Pennsylvania Certified development company · Exton, PA | 1 | $678K | $678,000 | 0% |
| 13 | Truliant FCU Credit union · Winston-Salem, NC | 1 | $604K | $603,600 | 0% |
| 14 | Beacon Bank and Trust Bank · Boston, MA | 1 | $524K | $524,000 | 100% |
| 15 | City National Bank of Florida Bank · Miami, FL | 1 | $500K | $500,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 11 | $200,000 | TD Bank | |
| Health care and social assistance | 9 | $150,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 9 | $387,500 | First Commonwealth Bank | |
| Retail | 7 | $75,000 | Newtek Bank | |
| Construction | 5 | $50,000 | Meridian Bank | |
| Other services (repair, personal care) | 5 | $145,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 4 | $50,000 | TD Bank | |
| Wholesale trade | 2 | $905,000 | Wilmington Savings Fund Society FSB |