SBA 7(a) lenders in Union, PA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
21 institutions have SBA 7(a) loans on record in Union, together $25.0M across 97 loans. Beacon Bank and Trust is the largest, with 38% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Beacon Bank and Trust | 3 | $9.6M | 38.4% | 0.00% |
| 2 | Manufacturers and Traders Trust Company | 58 | $4.3M | 17.1% | 1.80% |
| 3 | Shoreham Bank | 1 | $2.0M | 8.1% | 0.00% |
| 4 | Service 1st Federal Credit Union | 5 | $1.8M | 7.1% | 5.44% |
| 5 | CNB Bank | 1 | $1.8M | 7.0% | 0.00% |
| 6 | Truist Bank | 6 | $1.3M | 5.4% | 5.61% |
| 7 | Burke & Herbert Bank & Trust Company | 1 | $875K | 3.5% | 0.00% |
| 8 | Mid Penn Bank | 2 | $728K | 2.9% | 0.00% |
| 9 | First Bank | 1 | $507K | 2.0% | 0.00% |
| 10 | Fulton Bank, National Association | 1 | $350K | 1.4% | 0.00% |
| 11 | Northwest Bank | 1 | $308K | 1.2% | 0.00% |
| 12 | The Huntington National Bank | 2 | $294K | 1.2% | 0.00% |
| 13 | Independence Bank | 2 | $225K | 0.9% | 0.00% |
| 14 | Northeast Bank | 2 | $225K | 0.9% | 0.00% |
| 15 | Santander Bank, National Association | 4 | $196K | 0.8% | 70.69% |
| 16 | United Midwest Savings Bank National Association | 1 | $150K | 0.6% | 0.00% |
| 17 | Readycap Lending, LLC | 1 | $150K | 0.6% | 0.00% |
| 18 | Celtic Bank Corporation | 1 | $100K | 0.4% | 0.00% |
| 19 | PNC Bank, National Association | 1 | $70K | 0.3% | 83.88% |
| 20 | BayFirst National Bank | 1 | $50K | 0.2% | 76.40% |
| 21 | VelocitySBA, LLC | 2 | $10K | 0.0% | 88.14% |
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 | 6 | $9.9M | 39.4% |
| 2 | Accommodation & food services | 13 | $4.7M | 18.8% |
| 3 | Professional & technical services | 11 | $3.5M | 13.8% |
| 4 | Other services | 14 | $1.1M | 4.6% |
| 5 | Agriculture, forestry & fishing | 3 | $1.1M | 4.3% |
| 6 | Construction | 10 | $1.1M | 4.3% |
| 7 | Retail trade | 7 | $940K | 3.8% |
| 8 | Health care & social assistance | 6 | $617K | 2.5% |
| 9 | Retail trade | 9 | $599K | 2.4% |
| 10 | Wholesale trade | 2 | $390K | 1.6% |
| 11 | Administrative & waste services | 2 | $294K | 1.2% |
| 12 | Manufacturing | 2 | $270K | 1.1% |
| 13 | Educational services | 5 | $175K | 0.7% |
| 14 | Transportation & warehousing | 4 | $143K | 0.6% |
| 15 | Real estate & leasing | 1 | $140K | 0.6% |
| 16 | Finance & insurance | 1 | $100K | 0.4% |
| 17 | Manufacturing | 1 | $25K | 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.