SBA 7(a) lenders in Charles, MD

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

60 institutions have SBA 7(a) loans on record in Charles, together $114.1M across 304 loans. Truist Bank is the largest, with 11% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Truist Bank	31	$13.0M	11.4%	1.06%
2	Manufacturers and Traders Trust Company	72	$12.4M	10.9%	7.19%
3	Fulton Bank, National Association	6	$8.1M	7.1%	0.00%
4	Shore United Bank, National Association	16	$5.0M	4.4%	2.68%
5	Port 51 Lending LLC	1	$5.0M	4.4%	0.00%
6	TD Bank, National Association	12	$4.9M	4.3%	9.95%
7	22nd State Bank, A Division of 22nd State Banking Company	1	$3.9M	3.4%	0.00%
8	Readycap Lending, LLC	6	$3.3M	2.9%	0.00%
9	Hanmi Bank	4	$3.3M	2.9%	0.00%
10	BankUnited, National Association	3	$3.1M	2.7%	0.00%
11	First Merchants Bank	1	$3.1M	2.7%	0.00%
12	The Freedom Bank of Virginia	2	$2.9M	2.5%	0.00%
13	Live Oak Banking Company	2	$2.9M	2.5%	0.00%
14	Harvest Small Business Finance, LLC	3	$2.8M	2.5%	0.00%
15	First National Bank of Pennsylvania	2	$2.8M	2.5%	0.00%
16	Bank of Clarke	3	$2.7M	2.4%	0.00%
17	Newtek Bank, National Association	10	$2.2M	1.9%	0.00%
18	BayFirst National Bank	7	$2.2M	1.9%	8.93%
19	The Bancorp Bank National Association	3	$2.2M	1.9%	0.00%
20	PNC Bank, National Association	18	$2.0M	1.8%	2.41%
21	Capital Bank, National Association	3	$2.0M	1.7%	0.00%
22	Celtic Bank Corporation	5	$2.0M	1.7%	0.00%
23	Hana Small Business Lending, Inc.	3	$1.7M	1.5%	0.00%
24	Bank Five Nine	1	$1.7M	1.5%	0.00%
25	Stearns Bank National Association	5	$1.7M	1.5%	0.00%
26	National Cooperative Bank, National Association	1	$1.5M	1.3%	0.00%
27	Northeast Bank	11	$1.2M	1.1%	0.00%
28	EagleBank	2	$1.1M	1.0%	35.89%
29	The Huntington National Bank	5	$1.1M	1.0%	0.00%
30	Gulf Coast Bank and Trust Company	1	$1.1M	1.0%	0.00%
31	Atlantic Union Bank	5	$1.1M	0.9%	20.14%
32	Bank of America, National Association	6	$824K	0.7%	4.38%
33	Industrial Bank	2	$791K	0.7%	0.00%
34	Capital One National Association	1	$758K	0.7%	0.00%
35	Pinnacle Bank	1	$675K	0.6%	0.00%
36	FWBank	1	$638K	0.6%	0.00%
37	Money One FCU	1	$590K	0.5%	0.00%
38	Newtek Small Business Finance, Inc.	4	$561K	0.5%	0.00%
39	Wilmington Savings Fund Society FSB	2	$524K	0.5%	0.00%
40	Burke & Herbert Bank & Trust Company	2	$477K	0.4%	0.00%
41	Quaint Oak Bank	1	$440K	0.4%	0.00%
42	Shoreham Bank	1	$425K	0.4%	0.00%
43	Meridian Bank	1	$381K	0.3%	0.00%
44	Florida Capital Bank, National Association	1	$350K	0.3%	0.00%
45	SouthState Bank, National Association	1	$350K	0.3%	0.00%
46	Beacon Bank and Trust	1	$280K	0.2%	0.00%
47	CommerceFirst Bank	1	$276K	0.2%	0.00%
48	Independence Bank	2	$275K	0.2%	0.00%
49	Five Star Bank	1	$250K	0.2%	0.00%
50	Wells Fargo Bank National Association	8	$214K	0.2%	0.00%
51	Citizens Bank	1	$182K	0.2%	0.00%
52	PCB Bank	1	$180K	0.2%	0.00%
53	United Midwest Savings Bank National Association	1	$150K	0.1%	0.00%
54	Seacoast National Bank	1	$110K	0.1%	0.00%
55	Columbia Bank	3	$100K	0.1%	0.00%
56	CDC Small Business Finance Corp.	1	$100K	0.1%	0.00%
57	Lendistry SBLC, LLC	1	$85K	0.1%	0.00%
58	Bank of Hope	4	$80K	0.1%	39.61%
59	VelocitySBA, LLC	7	$70K	0.1%	14.61%
60	U.S. Bank, National Association	1	$25K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	48	$38.6M	33.8%
2	Health care & social assistance	26	$12.6M	11.1%
3	Construction	38	$11.7M	10.2%
4	Retail trade	30	$9.3M	8.2%
5	Professional & technical services	35	$8.9M	7.8%
6	Arts, entertainment & recreation	19	$8.1M	7.1%
7	Educational services	9	$5.9M	5.2%
8	Other services	27	$5.4M	4.8%
9	Retail trade	18	$4.3M	3.7%
10	Administrative & waste services	12	$3.0M	2.6%
11	Manufacturing	9	$1.4M	1.2%
12	Manufacturing	3	$1.1M	1.0%
13	Real estate & leasing	3	$1.1M	1.0%
14	Wholesale trade	9	$989K	0.9%
15	Transportation & warehousing	11	$823K	0.7%
16	Manufacturing	2	$400K	0.4%
17	Finance & insurance	2	$325K	0.3%
18	Transportation & warehousing	1	$100K	0.1%
19	Information	1	$100K	0.1%
20	Utilities	1	$5K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.