SBA 7(a) lenders in Frederick, MD

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

Lenders

83 institutions have SBA 7(a) loans on record in Frederick, together $310.8M across 842 loans. Manufacturers and Traders Trust Company is the largest, with 16% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Manufacturers and Traders Trust Company	398	$49.3M	15.9%	5.26%
2	ACNB Bank	41	$46.8M	15.1%	0.00%
3	Pathward National Association	3	$13.4M	4.3%	0.00%
4	Truist Bank	34	$12.5M	4.0%	3.06%
5	BankUnited, National Association	4	$12.3M	3.9%	0.00%
6	Live Oak Banking Company	13	$10.9M	3.5%	0.00%
7	Atlantic Union Bank	28	$9.6M	3.1%	9.33%
8	TD Bank, National Association	19	$7.6M	2.5%	0.26%
9	Capital Bank, National Association	7	$7.4M	2.4%	0.68%
10	Fulton Bank, National Association	6	$7.3M	2.3%	0.00%
11	The Huntington National Bank	9	$7.2M	2.3%	0.00%
12	United Community Bank	3	$6.6M	2.1%	0.00%
13	Beacon Bank and Trust	5	$6.6M	2.1%	0.00%
14	Wells Fargo Bank National Association	21	$6.6M	2.1%	0.00%
15	Hanmi Bank	6	$5.6M	1.8%	0.00%
16	Potomac Bank	3	$5.0M	1.6%	0.00%
17	PNC Bank, National Association	36	$5.0M	1.6%	0.18%
18	GBank	1	$5.0M	1.6%	0.00%
19	Bank of Clarke	3	$4.8M	1.6%	0.00%
20	Wilmington Savings Fund Society FSB	3	$4.8M	1.5%	0.00%
21	First Internet Bank of Indiana	3	$4.4M	1.4%	0.00%
22	Colony Bank	2	$4.3M	1.4%	0.00%
23	Northeast Bank	22	$4.2M	1.3%	0.00%
24	Readycap Lending, LLC	9	$4.0M	1.3%	0.00%
25	Enterprise Bank & Trust	1	$3.6M	1.2%	0.00%
26	Newtek Bank, National Association	5	$3.5M	1.1%	0.00%
27	United Midwest Savings Bank National Association	8	$2.9M	0.9%	5.40%
28	First-Citizens Bank & Trust Company	3	$2.7M	0.9%	0.00%
29	The Bancorp Bank National Association	4	$2.6M	0.8%	0.00%
30	Celtic Bank Corporation	10	$2.4M	0.8%	1.92%
31	First United Bank & Trust	3	$2.4M	0.8%	0.00%
32	Capital One National Association	10	$2.2M	0.7%	1.99%
33	Banc of California	2	$2.2M	0.7%	0.00%
34	Bank of America, National Association	11	$1.8M	0.6%	0.00%
35	Santander Bank, National Association	10	$1.8M	0.6%	0.00%
36	Meridian Bank	2	$1.7M	0.5%	0.00%
37	Harvest Small Business Finance, LLC	2	$1.6M	0.5%	0.00%
38	Mid-Atlantic Federal Credit Union	4	$1.6M	0.5%	27.92%
39	Primis Bank	3	$1.4M	0.5%	0.00%
40	TowneBank	2	$1.4M	0.5%	0.00%
41	First National Bank of Pennsylvania	1	$1.4M	0.4%	0.00%
42	BayFirst National Bank	8	$1.2M	0.4%	0.00%
43	Money One FCU	2	$1.2M	0.4%	0.00%
44	Byline Bank	1	$1.1M	0.4%	0.00%
45	Woodsboro Bank	5	$1.1M	0.3%	0.00%
46	T Bank, National Association	1	$1.0M	0.3%	0.00%
47	WesBanco Bank, Inc.	3	$1.0M	0.3%	0.00%
48	Centerstone SBA Lending, Inc.	1	$975K	0.3%	0.00%
49	Ameris Bank	2	$940K	0.3%	0.00%
50	22nd State Bank, A Division of 22nd State Banking Company	2	$890K	0.3%	0.00%
51	Lender 2057189	4	$846K	0.3%	0.00%
52	SouthState Bank, National Association	1	$830K	0.3%	0.00%
53	First Bank	1	$817K	0.3%	0.00%
54	JPMorgan Chase Bank, National Association	2	$802K	0.3%	0.00%
55	Simmons Bank	3	$797K	0.3%	0.00%
56	Commonwealth Business Bank	1	$700K	0.2%	0.00%
57	MVB Bank, Inc.	1	$679K	0.2%	0.00%
58	VelocitySBA, LLC	5	$670K	0.2%	1.00%
59	United Bank	1	$630K	0.2%	0.00%
60	Stearns Bank National Association	4	$593K	0.2%	0.00%
61	PromiseOne Bank	1	$540K	0.2%	0.00%
62	Business Lenders, LLC	1	$435K	0.1%	0.00%
63	Lendistry SBLC, LLC	3	$433K	0.1%	0.00%
64	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$405K	0.1%	0.00%
65	EagleBank	3	$390K	0.1%	0.00%
66	Coastal States Bank	1	$390K	0.1%	0.00%
67	Columbia Bank	4	$363K	0.1%	19.36%
68	Community West Bank	1	$337K	0.1%	0.00%
69	First Bank of the Lake	1	$332K	0.1%	0.00%
70	Independence Bank	3	$325K	0.1%	44.60%
71	Mechanics and Farmers Bank	1	$295K	0.1%	0.00%
72	Firstrust Savings Bank	1	$290K	0.1%	0.00%
73	East West Bank	1	$269K	0.1%	0.00%
74	Seacoast National Bank	1	$225K	0.1%	0.00%
75	The Harbor Bank of Maryland	1	$180K	0.1%	0.00%
76	Forbright Bank	2	$167K	0.1%	46.43%
77	Heritage Bank Inc	1	$150K	0.0%	0.00%
78	Fifth Third Bank	1	$65K	0.0%	101.87%
79	CDC Small Business Finance Corp.	1	$60K	0.0%	0.00%
80	Signal Financial FCU	1	$60K	0.0%	0.00%
81	Stone Bank	1	$50K	0.0%	0.00%
82	U.S. Bank, National Association	1	$25K	0.0%	0.00%
83	Nymeo FCU	1	$16K	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	105	$51.2M	16.5%
2	Health care & social assistance	98	$43.5M	14.0%
3	Professional & technical services	109	$38.2M	12.3%
4	Retail trade	58	$31.2M	10.0%
5	Construction	110	$30.5M	9.8%
6	Arts, entertainment & recreation	51	$23.6M	7.6%
7	Other services	79	$16.2M	5.2%
8	Wholesale trade	31	$13.9M	4.5%
9	Manufacturing	23	$13.0M	4.2%
10	Real estate & leasing	13	$11.9M	3.8%
11	Educational services	19	$6.2M	2.0%
12	Finance & insurance	15	$5.7M	1.8%
13	Manufacturing	17	$5.6M	1.8%
14	Manufacturing	13	$4.9M	1.6%
15	Retail trade	32	$3.7M	1.2%
16	Administrative & waste services	27	$3.4M	1.1%
17	Information	9	$2.9M	0.9%
18	Agriculture, forestry & fishing	7	$2.6M	0.8%
19	Transportation & warehousing	25	$1.8M	0.6%
20	Public administration	1	$750K	0.2%

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.