SBA Lenders Actively Funding Businesses in Maryland

Since 2020, 237 different SBA lenders have approved6,618 loans for businesses in Maryland. The table below ranks the most active by loans actually made in the state, not by advertising budget. A lender headquartered elsewhere that funds heavily in Marylandbeats a local name that rarely writes SBA loans.

Most active SBA lenders in Maryland

Lender	MD loans since 2020	Median loan	Median rate
Manufacturers and Traders Trust Company	2,346	$50K	10.49%
Business Finance Group, Inc.	413	$463K	n/a
TD Bank, National Association	238	$50K	10.55%
Readycap Lending, LLC	196	$150K	11.25%
The Huntington National Bank	177	$95K	9.5%
BayFirst National Bank	164	$150K	12.25%
Live Oak Banking Company	140	$785K	8.35%
Newtek Bank, National Association	135	$200K	11.25%
Wells Fargo Bank National Association	133	$15K	9.75%
Northeast Bank	123	$103K	10.75%
PNC Bank, National Association	116	$50K	9.4%
Fulton Bank, National Association	101	$450K	9.5%
United Midwest Savings Bank National Association	95	$150K	9.75%
Celtic Bank Corporation	90	$150K	10.25%
Bank of America, National Association	71	$332K	6.5%
Capital Bank, National Association	68	$310K	8.25%
Hanmi Bank	67	$578K	8.5%
Truist Bank	60	$598K	6%
Harvest Small Business Finance, LLC	57	$770K	9.5%
Atlantic Union Bank	48	$489K	9.25%
Lendistry SBLC, LLC	47	$150K	12.25%
JPMorgan Chase Bank, National Association	42	$185K	10.65%
Wilmington Savings Fund Society FSB	42	$500K	9%
Beacon Bank and Trust	37	$645K	8.25%
First National Bank of Pennsylvania	36	$627K	8.65%

Smarter Business Funding

Find out what your business could qualify for

Answer six quick questions and get your business funding profile. We match it against real SBA lending records and follow up personally. No credit check, about 60 seconds.

Start your funding profile →

Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records. Loan counts reflect projects located in Maryland. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.