1,044 SBA loans worth $389.8M went to Delaware businesses between October 2021 and June 2026, from 89 lenders. Manufacturers and Traders Trust made the most 7(a) loans, 348 or 34% of the state's total, and the ten most active lenders made 75%. The median 7(a) loan was $100,000, below the national median of $158,000. Construction was the most financed industry, at 13% of loans. Annual loan count rose 40% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 348 | $37.9M | $47,000 | 37% | Construction |
| 2 | TD Bank Bank · Wilmington, DE | 124 | $9.2M | $33,750 | 32% | Transportation and warehousing |
| 3 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 56 | $47.7M | $545,000 | 75% | Restaurants and hotels |
| 4 | Northeast Bank Bank · Portland, ME | 56 | $8.9M | $131,300 | 18% | Professional and technical services |
| 5 | Huntington National Bank Bank · Columbus, OH | 46 | $14.7M | $209,500 | 50% | Administrative and support services |
| 6 | Newtek Bank Bank · Miami, FL | 35 | $19.5M | $200,000 | 31% | Professional and technical services |
| 7 | PNC Bank Bank · Wilmington, DE | 35 | $5.2M | $50,000 | 31% | Health care and social assistance |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 27 | $6.1M | $150,000 | 7% | Retail |
| 9 | Fulton Bank Bank · Lancaster, PA | 20 | $21.5M | $630,500 | 50% | Restaurants and hotels |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 20 | $5.4M | $54,250 | 25% | Retail |
| 11 | Wells Fargo Bank Bank · Sioux Falls, SD | 20 | $3.7M | $15,000 | 95% | Health care and social assistance |
| 12 | Live Oak Banking Bank · Wilmington, NC | 18 | $18.9M | $761,500 | 44% | Restaurants and hotels |
| 13 | Grow America Fund, Incorporated Non-bank lender · New York, NY | 14 | $8.5M | $481,500 | 7% | Health care and social assistance |
| 14 | Celtic Bank Bank · Salt Lake City, UT | 12 | $6.2M | $150,000 | 25% | Transportation and warehousing |
| 15 | Beacon Bank and Trust Bank · Boston, MA | 11 | $14.4M | $567,800 | 36% | Professional and technical services |
| 16 | Meridian Bank Bank · Wayne, PA | 11 | $8.1M | $220,000 | 18% | Professional and technical services |
| 17 | United Midwest Savings Bank Bank · Degraff, OH | 11 | $3.6M | $150,000 | 82% | Construction |
| 18 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 8 | $5.6M | $384,500 | 25% | Construction |
| 19 | True Access Capital Non-bank lender · Wilmington, DE | 7 | $1.2M | $123,000 | 43% | Transportation and warehousing |
| 20 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 7 | $1.2M | $150,000 | 0% | Retail |
| 21 | First Financial Bank Bank · El Dorado, AR | 6 | $7.2M | $266,000 | 33% | Agriculture, forestry and fishing |
| 22 | Univest Bank and Trust Co Bank · Souderton, PA | 6 | $6.5M | $500,000 | 33% | Arts, entertainment and recreation |
| 23 | JPMorgan Chase Bank Bank · Columbus, OH | 6 | $1.0M | $150,000 | 0% | Professional and technical services |
| 24 | First Bank of the Lake Bank · Osage Beach, MO | 5 | $1.2M | $257,900 | 80% | Administrative and support services |
| 25 | ConnectOne Bank Bank · Englewood Cliffs, NJ | 4 | $3.9M | $665,000 | 100% | Restaurants and hotels |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Delaware Community Development Wilmington, DE | 13 | $10.5M | $861,000 |
| 2 | True Access Capital Wilmington, DE | 7 | $8.8M | $835,000 |
| 3 | South Eastern Economic Development Company of Pennsylvania Exton, PA | 2 | $2.9M | $1,437,500 |
| 4 | Business Finance Group Fairfax, VA | 1 | $591K | $591,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 132 | $87,500 | Manufacturers and Traders Trust | |
| Professional and technical services | 127 | $100,000 | Manufacturers and Traders Trust | |
| Retail | 125 | $127,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 122 | $84,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 111 | $240,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 76 | $50,000 | Manufacturers and Traders Trust | |
| Health care and social assistance | 74 | $127,500 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 57 | $32,500 | TD Bank | |
| Arts, entertainment and recreation | 43 | $240,000 | Manufacturers and Traders Trust | |
| Manufacturing | 39 | $350,000 | Huntington National Bank | |
| Wholesale trade | 39 | $150,000 | Manufacturers and Traders Trust | |
| Real estate and rental | 24 | $162,500 | Manufacturers and Traders Trust |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Wilmington | 283 | $122.3M | $150,000 | Manufacturers and Traders Trust |
| Newark | 125 | $66.8M | $125,000 | Manufacturers and Traders Trust |
| Dover | 106 | $30.6M | $100,000 | Manufacturers and Traders Trust |
| Middletown | 66 | $16.3M | $105,000 | Manufacturers and Traders Trust |
| New Castle | 57 | $26.7M | $142,000 | Manufacturers and Traders Trust |
| Lewes | 49 | $13.2M | $60,000 | Manufacturers and Traders Trust |
| Rehoboth Beach | 30 | $12.2M | $150,000 | Manufacturers and Traders Trust |
| Bear | 30 | $4.7M | $75,000 | Huntington National Bank |
| Millsboro | 27 | $3.8M | $50,000 | Manufacturers and Traders Trust |
| Milford | 26 | $6.3M | $72,500 | Manufacturers and Traders Trust |
| Smyrna | 20 | $7.1M | $138,900 | Manufacturers and Traders Trust |
| Seaford | 17 | $7.1M | $99,500 | Manufacturers and Traders Trust |
| Claymont | 16 | $5.6M | $150,000 | Manufacturers and Traders Trust |
| Laurel | 16 | $7.2M | $42,500 | Manufacturers and Traders Trust |
| Georgetown | 15 | $7.5M | $150,000 | Manufacturers and Traders Trust |
10 Delaware cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.