Pennsylvania SBA lending, from federal loan records
SBA Lenders Actively Funding Businesses in Pennsylvania
Since FY2020, 245 lenders have funded 12,359 SBA loans worth $6.1B for businesses in Pennsylvania. Borrowers reported 126,088 jobs supported by those loans. Below is who actually writes them, how big they run, and which Pennsylvania businesses get funded.
Most active SBA lenders in Pennsylvania
Ranked by loans funded for Pennsylvania projects since FY2020, not by advertising budget. A lender headquartered elsewhere that funds heavily in Pennsylvania beats a local name that rarely writes SBA loans.
504 loans are written by Certified Development Companies alongside a bank first mortgage. The 504 file reports no interest rate, so CDC rows show none.
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Start your funding profile →How big Pennsylvania SBA loans run
Share of Pennsylvania 7(a) loans by approval size, next to the national split. If your ask sits in a common band, it is the kind of loan lenders here fund every week.
| 7(a) loan size | PA | US |
|---|---|---|
| Under $150K | 46.7% | 40.4% |
| $150K to $500K | 28.8% | 31.9% |
| $500K to $1M | 12% | 12.9% |
| $1M and up | 12.5% | 14.9% |
Who gets funded in Pennsylvania
Business age on Pennsylvania 7(a) loans. 11.7% funded a change of ownership, against 11.1% nationally. Buying a business? See the acquisition lender shortlist. Starting one? See startup-friendly lenders.
| Business stage | PA | US |
|---|---|---|
| Established, more than 2 years | 50.7% | 55.2% |
| New, 2 years or less | 19.4% | 16.9% |
| Startup, loan opens the business | 18.2% | 16.8% |
| Change of ownership (buying a business) | 11.7% | 11.1% |
Industries Pennsylvania SBA lenders fund most
Share of all Pennsylvania SBA loans by industry, and how that compares with the national mix.
| Industry | PA loans | Share | Compared with US |
|---|---|---|---|
| Construction | 1,682 | 13.6% | in line with national |
| Restaurants and hotels | 1,656 | 13.4% | in line with national |
| Retail | 1,411 | 11.4% | in line with national |
| Personal and repair services | 1,317 | 10.7% | in line with national |
| Healthcare | 1,078 | 8.7% | in line with national |
| Professional services | 1,019 | 8.2% | in line with national |
| Manufacturing | 919 | 7.4% | in line with national |
| Business support services | 768 | 6.2% | in line with national |
The most common specific business types funded in Pennsylvania: full-service restaurants (616), limited-service restaurants (446), residential remodelers (337), landscaping services (293), plumbing, heating, and air-conditioning contractors (260), fitness and recreational sports centers (247).
Where in Pennsylvania the loans go
| County | SBA loans since FY2020 | Share of state |
|---|---|---|
| Allegheny | 1,542 | 12% |
| Philadelphia | 1,297 | 10% |
| Montgomery | 1,243 | 10% |
| Bucks | 876 | 7% |
| Chester | 657 | 5% |
| Delaware | 632 | 5% |
| Lancaster | 442 | 4% |
| York | 421 | 3% |
7(a) or 504 in Pennsylvania
7% of Pennsylvania SBA loans are 504 loans, against 12% nationally. A 504 loan funds owner-occupied real estate or major equipment, with a median of $613K here. A 7(a) loan covers almost anything else, including working capital and buying a business. The busiest 504 lenders in Pennsylvania:
- Empire State Certified Development Corporation: 238 504 loans, median $675K
- South Eastern Economic Development Company of Pennsylvania: 209 504 loans, median $640K
- Regional Development Funding Corporation: 133 504 loans, median $518K
- NEPA Alliance Business Finance Corporation: 119 504 loans, median $426K
- EDC Finance Corporation: 44 504 loans, median $723K
Pennsylvania SBA lending by year
| Fiscal year | 7(a) loans | 504 loans | Dollars |
|---|---|---|---|
| FY2020 | 1,088 | 112 | $590M |
| FY2021 | 1,394 | 158 | $977M |
| FY2022 | 1,549 | 173 | $939M |
| FY2023 | 1,850 | 122 | $823M |
| FY2024 | 2,190 | 89 | $903M |
| FY2025 | 2,237 | 127 | $1.2B |
| FY2026 (through June 30, 2026) | 1,192 | 78 | $675M |
The SBA fiscal year runs October through September.
Free SBA help in Pennsylvania
Before you apply, these offices help with loan packaging and lender questions at no cost.
- SBA Philadelphia District Office. 660 American Ave., Suite 301, King of Prussia, PA 19406. Phone 610-382-3062. Serves eastern Pennsylvania.
- SBA Pittsburgh District Office. 3 Parkway Center Dr. S, Suite 375, Pittsburgh, PA 15220. Phone 412-395-6560. Serves western Pennsylvania.
- Pennsylvania Small Business Development Centers. No-cost, confidential consulting through 15 centers and more than 50 outreach locations statewide. Useful for loan packaging, projections and cash-flow prep before you apply.
- SCORE Pennsylvania. Free mentoring through six chapters, including Greater Philadelphia, Pittsburgh, Lehigh Valley, Susquehanna Valley and Delaware Valley.
Contact details verified October 24, 2026.
Common questions
Who is the most active SBA lender in Pennsylvania?
By funded loans since FY2020, The Huntington National Bank leads Pennsylvania with 1,655 loans.
How big is a typical SBA loan in Pennsylvania?
The median 7(a) loan in Pennsylvania is $150K, and the middle half runs from $50K to $485K. The median 504 loan is $613K. Nationally the 7(a) median is $200K.
What interest rate do Pennsylvania SBA borrowers get?
The median starting rate on Pennsylvania 7(a) loans since FY2020 is 9.5%, against 9.25% nationally. 91% of those loans carry a variable rate, which moves with the prime rate.
Can a startup get an SBA loan in Pennsylvania?
Yes. 38% of Pennsylvania 7(a) loans with a reported business age went to startups or businesses two years old or younger, against 34% nationally. Lenders still expect a solid plan, owner equity and usually collateral.
Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records, FY2020 through June 30, 2026, for projects located in Pennsylvania. Cancelled approvals are excluded. Jobs supported are as reported by borrowers. 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.