Maryland SBA Loan Data

31,171 loans totaling $8.8B across all SBA programs.

Total Loans

31,171

1991–2025

Total Volume

$8.8B

Gross approval amount

Avg Loan Size

$281K

Median: $100K

Avg Interest Rate

8.00%

Default rate: 13.5%

Maryland Loan Status

Active16.2%

Paid in Full57.1%

Charged Off11.5%

Cancelled13.1%

Committed1.8%

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Maryland Annual Lending Volume

Number of Loans per Year

Top Industries

Loan Size Distribution

Top Lenders in Maryland

Lender	Loans	Volume▼	Avg Size	Avg Rate	Default Rate
Manufacturers and Traders Trust Company	8,608	$1.2B	$134K	8.29%	9.3%
Truist Bank	1,911	$545.0M	$285K	6.05%	10.5%
Live Oak Banking Company	245	$334.4M	$1.4M	7.06%	1.4%
PNC Bank, National Association	1,429	$319.3M	$223K	7.49%	14.8%
Wells Fargo Bank National Association	1,115	$304.7M	$273K	8.32%	10.6%
Fulton Bank, National Association	573	$281.0M	$490K	7.35%	8.7%
Atlantic Union Bank	714	$237.9M	$333K	6.04%	11.6%
Readycap Lending, LLC	518	$224.9M	$434K	11.01%	14.9%
First National Bank of Pennsylvania	516	$188.6M	$365K	6.10%	13.6%
Bank of America, National Association	2,678	$173.0M	$65K	7.82%	20.6%
Hanmi Bank	198	$156.1M	$789K	6.61%	8.1%
EagleBank	259	$141.9M	$548K	6.28%	16.0%
Business Loan Center, LLC	211	$105.5M	$500K	N/A	20.2%
TD Bank, National Association	620	$104.2M	$168K	9.76%	13.4%
Brookline Bank, a Division of Beacon Bank and Trust	95	$102.2M	$1.1M	7.24%	2.4%
Bank of Hope	1,421	$95.3M	$67K	6.44%	44.4%
Newtek Small Business Finance, Inc.	191	$90.8M	$475K	7.38%	11.4%
Celtic Bank Corporation	227	$85.7M	$378K	7.58%	12.4%
Newtek Bank, National Association	186	$81.6M	$439K	11.35%	0.0%
Northeast Bank	332	$80.4M	$242K	10.38%	6.3%
Capital Bank, National Association	173	$73.2M	$423K	6.71%	1.5%
Capital One, National Association	499	$63.2M	$127K	6.12%	33.2%
WesBanco Bank, Inc.	288	$60.9M	$212K	7.65%	11.3%
Wilmington Savings Fund Society FSB	84	$59.6M	$710K	6.89%	4.8%
ATLANTIC UNION BANK	65	$58.7M	$904K	N/A	0.0%

Top Counties in Maryland

County	Loans	Volume▼
Montgomery →	4,981	$1.4B
Prince Georges →	4,699	$1.2B
Baltimore →	4,489	$1.2B
Anne Arundel →	3,535	$1.1B
Baltimore City →	3,239	$826.5M
Howard →	2,405	$735.8M
Frederick →	1,534	$456.5M
Harford →	1,310	$370.9M
Carroll →	940	$224.3M
Washington →	571	$181.3M
Charles →	567	$170.4M
Saint Marys →	294	$110.4M
Wicomico →	347	$105.3M
Calvert →	382	$104.1M
Worcester →	268	$95.2M
Cecil →	252	$94.3M
Queen Annes →	276	$82.3M
Allegany →	324	$77.9M
Talbot →	175	$61.1M
Caroline →	117	$31.0M
Garrett →	165	$30.7M
Dorchester →	91	$25.5M
Somerset →	54	$15.3M
Kent →	44	$14.4M
New Hanover →	1	$2.4M

Showing 1–25 of 30

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