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SBA lenders in Philadelphia, PA

SBA 7(a) and 504 loans to businesses in Philadelphia (Philadelphia County), October 2021 to June 30, 2026 · Updated October 15, 2026
1,267
SBA loans approved
$531.1M
Total approved
$150,000
Median loan
104
Lenders active
37%
To startups

1,267 SBA loans worth $531.1M went to businesses in Philadelphia, PA between October 2021 and June 2026, from 104 lenders. TD Bank made the most, 353 loans. The median loan was $150,000, compared with $150,000 across Pennsylvania, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Philadelphia

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
353$37.9M$35,00035%
2Northeast Bank
Bank · Portland, ME
67$11.9M$150,0007%
3Manufacturers and Traders Trust
Bank · Buffalo, NY
57$6.9M$50,00046%
4Wilmington Savings Fund Society FSB
Bank · Wilmington, DE
54$38.9M$518,50067%
5Newtek Bank
Bank · Miami, FL
53$30.6M$150,00025%
6Wells Fargo Bank
Bank · Sioux Falls, SD
50$2.9M$15,00094%
7Meridian Bank
Bank · Wayne, PA
43$28.5M$575,00060%
8KeyBank
Bank · Cleveland, OH
41$5.2M$25,00061%
9Readycap Lending
Non-bank lender · Berkeley Heights, NJ
38$8.1M$50,00016%
10BayFirst National Bank
Bank · St. Petersburg, FL
33$5.2M$150,0006%
11Huntington National Bank
Bank · Columbus, OH
32$9.4M$228,75038%
12Woori America Bank
Bank · New York, NY
24$17.0M$350,00058%
13PNC Bank
Bank · Wilmington, DE
24$5.5M$80,00021%
14Empire State Certified Development
Certified development company · Latham, NY
21$21.6M$609,00033%
15Fulton Bank
Bank · Lancaster, PA
19$12.7M$448,00047%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Philadelphia. For 504 loans the lender shown is the certified development company.

What gets financed in Philadelphia

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels208
16%
$253,750TD Bank
Retail197
16%
$150,000TD Bank
Professional and technical services148
12%
$103,850TD Bank
Other services (repair, personal care)127
10%
$116,000TD Bank
Health care and social assistance125
10%
$175,000TD Bank
Construction113
9%
$76,600TD Bank
Transportation and warehousing99
8%
$25,000TD Bank
Administrative and support services51
4%
$150,000TD Bank
Loan size mix
  • Under $150,00050%
  • $150,000 to $500,00028%
  • $500,000 to $2 million18%
  • $2 million and up5%
Compared with Pennsylvania
Median loan, Philadelphia
$150,000
Median loan, Pennsylvania
$150,000
Startup share, Philadelphia
37%
Startup share, Pennsylvania
36%
Share of state's SBA loans
11.6%

SBA loans per fiscal year in Philadelphia

0133267400FY14: 164 loansFY14FY15: 223 loansFY15FY16: 238 loansFY16FY17: 264 loansFY17FY18: 249 loansFY18FY19: 232 loansFY19FY20: 105 loansFY20FY21: 165 loansFY21FY22: 226 loansFY22FY23: 253 loansFY23FY24: 287 loansFY24FY25: 317 loansFY25317FY26 (Oct to Jun): 184 loansFY26184
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.