SBA 7(a) lenders in Dorchester, MD
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
16 institutions have SBA 7(a) loans on record in Dorchester, together $13.2M across 49 loans. GBank is the largest, with 17% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | GBank | 1 | $2.2M | 16.9% | 0.00% |
| 2 | Legence Bank | 1 | $1.7M | 13.2% | 0.00% |
| 3 | First Financial Bank | 2 | $1.5M | 11.6% | 0.00% |
| 4 | Fulton Bank, National Association | 1 | $1.4M | 10.2% | 0.00% |
| 5 | Manufacturers and Traders Trust Company | 28 | $1.3M | 9.9% | 5.78% |
| 6 | BayVanguard Bank | 1 | $1.0M | 7.6% | 0.00% |
| 7 | Live Oak Banking Company | 1 | $885K | 6.7% | 0.00% |
| 8 | Wilmington Savings Fund Society FSB | 1 | $852K | 6.5% | 0.00% |
| 9 | Wells Fargo Bank National Association | 2 | $550K | 4.2% | 0.00% |
| 10 | Stearns Bank National Association | 1 | $500K | 3.8% | 0.00% |
| 11 | Truist Bank | 4 | $456K | 3.5% | 37.02% |
| 12 | The Huntington National Bank | 1 | $294K | 2.2% | 0.00% |
| 13 | Fifth Third Bank | 1 | $150K | 1.1% | 0.00% |
| 14 | Hebron Savings Bank | 1 | $140K | 1.1% | 0.00% |
| 15 | Bank of America, National Association | 2 | $100K | 0.8% | 50.00% |
| 16 | PNC Bank, National Association | 1 | $96K | 0.7% | 36.07% |
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 | 10 | $6.7M | 50.5% |
| 2 | Agriculture, forestry & fishing | 3 | $1.5M | 11.7% |
| 3 | Other services | 6 | $1.1M | 8.6% |
| 4 | Information | 1 | $1.0M | 7.6% |
| 5 | Health care & social assistance | 2 | $834K | 6.3% |
| 6 | Wholesale trade | 3 | $564K | 4.3% |
| 7 | Retail trade | 6 | $506K | 3.8% |
| 8 | Construction | 6 | $435K | 3.3% |
| 9 | Transportation & warehousing | 3 | $154K | 1.2% |
| 10 | Retail trade | 2 | $125K | 0.9% |
| 11 | Mining & extraction | 2 | $70K | 0.5% |
| 12 | Professional & technical services | 2 | $60K | 0.5% |
| 13 | Arts, entertainment & recreation | 1 | $41K | 0.3% |
| 14 | Administrative & waste services | 1 | $35K | 0.3% |
| 15 | Transportation & warehousing | 1 | $10K | 0.1% |
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.