Checked
SBA Loans in Maryland
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 5,490
- Amount approved
- $2.26B
- Jobs supported
- 58,654
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 919 | $405M | $440,244 | 895 | 24 |
| FY2025 | 1,516 | $572M | $377,299 | 1,481 | 35 |
| FY2024 | 1,271 | $493M | $387,727 | 1,233 | 38 |
| FY2023 | 962 | $406M | $421,579 | 934 | 28 |
| FY2022 | 822 | $385M | $468,252 | 771 | 51 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Full-Service Restaurants | 559 | $250M |
| Bed-and-Breakfast Inns | 38 | $107M |
| All Other Amusement and Recreation Industries | 156 | $90.18M |
| Child Day Care Services | 108 | $89.48M |
| General Automotive Repair | 181 | $78.41M |
| Beer, Wine, and Liquor Stores | 92 | $77.2M |
| Plumbing, Heating, and Air-Conditioning Contractors | 162 | $65.66M |
| Computer Systems Design Services | 163 | $62.19M |
| Administrative Management and General Management Consulting Services | 207 | $58.87M |
| Site Preparation Contractors | 98 | $49.81M |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Manufacturers and Traders Trust Company | 2,076 | $255M |
| Live Oak Banking Company | 119 | $159M |
| Business Finance Group, Inc. | 112 | $147M |
| Newtek Bank, National Association | 232 | $90.28M |
| The Huntington National Bank | 178 | $80.69M |
| Readycap Lending, LLC | 210 | $71.86M |
| Fulton Bank, National Association | 88 | $59.96M |
| Hanmi Bank | 48 | $53.73M |
| Harvest Small Business Finance, LLC | 50 | $49.37M |
| Celtic Bank Corporation | 92 | $48.97M |
By county
All years shown
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| County | Loans | Amount |
|---|---|---|
| Montgomery County | 862 | $346M |
| Baltimore County | 792 | $308M |
| Prince George's County | 808 | $296M |
| Anne Arundel County | 602 | $277M |
| Baltimore city | 485 | $201M |
| Howard County | 447 | $192M |
| Frederick County | 326 | $166M |
| Harford County | 249 | $95.61M |
| Washington County | 121 | $63.04M |
| Carroll County | 135 | $55.21M |
| Charles County | 123 | $52.89M |
| St. Mary's County | 58 | $37.47M |
| Calvert County | 68 | $33.83M |
| Queen Anne's County | 58 | $25.4M |
| Allegany County | 62 | $19.19M |
| Talbot County | 40 | $18.61M |
| Cecil County | 50 | $18.19M |
| Wicomico County | 66 | $18.08M |
| Worcester County | 48 | $14.58M |
| Garrett County | 36 | $6.31M |
| Caroline County | 21 | $4.73M |
| Dorchester County | 19 | $4.42M |
| Kent County | 9 | $3.77M |
| Somerset County | 5 | $1.11M |
By city
Cities with at least 5 loans
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Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026