SBA 7(a) lenders in Mercer, PA

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

Lenders

38 institutions have SBA 7(a) loans on record in Mercer, together $104.8M across 358 loans. The Huntington National Bank is the largest, with 24% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	224	$25.5M	24.4%	1.62%
2	Enterprise Bank	19	$22.7M	21.7%	0.00%
3	World Trade Finance, Inc.	3	$15.0M	14.3%	0.00%
4	First National Bank of Pennsylvania	26	$9.8M	9.4%	0.00%
5	Live Oak Banking Company	5	$4.3M	4.1%	0.00%
6	Newtek Small Business Finance, Inc.	3	$3.5M	3.3%	0.00%
7	Celtic Bank Corporation	2	$3.0M	2.9%	0.00%
8	First Bank	4	$2.0M	1.9%	0.00%
9	Readycap Lending, LLC	2	$1.9M	1.8%	0.00%
10	Beacon Bank and Trust	2	$1.9M	1.8%	0.00%
11	Harvest Small Business Finance, LLC	2	$1.5M	1.4%	0.00%
12	Citizens Bank, National Association	14	$1.3M	1.3%	0.00%
13	Evolve Bank and Trust	1	$1.2M	1.1%	0.00%
14	Unity Bank	1	$1.1M	1.0%	0.00%
15	PNC Bank, National Association	9	$1.0M	1.0%	0.32%
16	Bank Five Nine	1	$995K	0.9%	0.00%
17	Mercer County State Bank	6	$806K	0.8%	0.00%
18	First Internet Bank of Indiana	1	$790K	0.8%	0.00%
19	BayFirst National Bank	4	$750K	0.7%	0.00%
20	First Commonwealth Bank	3	$678K	0.6%	0.00%
21	Integro Bank	1	$583K	0.6%	0.00%
22	Valley Economic Development Partners, Inc.	2	$503K	0.5%	0.00%
23	Wilmington Savings Fund Society FSB	1	$475K	0.5%	0.00%
24	Gulf Coast Bank and Trust Company	1	$450K	0.4%	0.00%
25	Banc of California	1	$435K	0.4%	0.00%
26	Stearns Bank National Association	1	$405K	0.4%	0.00%
27	Empire State Certified Development Corporation	2	$400K	0.4%	0.00%
28	KeyBank National Association	1	$320K	0.3%	0.00%
29	Colony Bank	2	$300K	0.3%	0.00%
30	Heritage Bank Inc	2	$300K	0.3%	0.00%
31	Northeast Bank	3	$202K	0.2%	0.00%
32	Newtek Bank, National Association	2	$155K	0.1%	0.00%
33	Independence Bank	1	$150K	0.1%	74.06%
34	Northwest Bank	2	$142K	0.1%	0.00%
35	Lendistry SBLC, LLC	1	$93K	0.1%	0.00%
36	The Bank of Princeton	1	$70K	0.1%	0.00%
37	Capital One National Association	1	$50K	0.0%	0.00%
38	VelocitySBA, LLC	1	$8K	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	Manufacturing	27	$37.5M	35.8%
2	Accommodation & food services	45	$16.6M	15.9%
3	Manufacturing	15	$8.4M	8.0%
4	Construction	87	$7.8M	7.4%
5	Arts, entertainment & recreation	10	$7.1M	6.8%
6	Other services	38	$7.0M	6.7%
7	Retail trade	17	$5.6M	5.3%
8	Professional & technical services	18	$3.2M	3.1%
9	Health care & social assistance	16	$2.2M	2.1%
10	Finance & insurance	3	$1.6M	1.5%
11	Transportation & warehousing	22	$1.6M	1.5%
12	Administrative & waste services	18	$1.4M	1.3%
13	Wholesale trade	13	$1.2M	1.1%
14	Manufacturing	8	$1.0M	1.0%
15	Retail trade	6	$830K	0.8%
16	Utilities	2	$578K	0.6%
17	Mining & extraction	1	$450K	0.4%
18	Real estate & leasing	2	$433K	0.4%
19	Agriculture, forestry & fishing	4	$160K	0.2%
20	Educational services	6	$120K	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.