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SBA lenders in Elkridge, MD

SBA 7(a) and 504 loans to businesses in Elkridge (Howard County), October 2021 to June 30, 2026 · Updated October 15, 2026
46
SBA loans approved
$20.2M
Total approved
$160,000
Median loan
22
Lenders active
43%
To startups

46 SBA loans worth $20.2M went to businesses in Elkridge, MD between October 2021 and June 2026, from 22 lenders. Manufacturers and Traders Trust made the most, 18 loans. The median loan was $160,000, compared with $141,500 across Maryland, and construction was the most financed industry.

Most active SBA lenders in Elkridge

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
18$3.3M$82,50067%
2Wilmington Savings Fund Society FSB
Bank · Wilmington, DE
2$3.7M$1,865,600100%
3Capital Bank
Bank · Rockville, MD
2$2.1M$1,029,2500%
4Fulton Bank
Bank · Lancaster, PA
2$897K$448,50050%
5Newtek Bank
Bank · Miami, FL
2$775K$387,5000%
6Huntington National Bank
Bank · Columbus, OH
2$481K$240,500100%
7Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$174K$87,0000%
8PNC Bank
Bank · Wilmington, DE
2$80K$40,0000%
9Business Finance Group
Certified development company · Fairfax, VA
1$3.2M$3,174,0000%
10Bancorp Bank
Bank · Sioux Falls, SD
1$1.6M$1,566,200100%
11Pinnacle Bank
Bank · Nashville, TN
1$1.4M$1,383,0000%
12HomeTrust Bank
Bank · Asheville, NC
1$383K$383,0000%
13Bank of America
Bank · Charlotte, NC
1$354K$354,300100%
14BayFirst National Bank
Bank · St. Petersburg, FL
1$350K$350,0000%
15Banesco USA
Bank · Miami, FL
1$350K$350,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Elkridge. For 504 loans the lender shown is the certified development company.

What gets financed in Elkridge

IndustryLoansShareMedian loanMost active lender
Construction8
17%
$200,000Manufacturers and Traders Trust
Professional and technical services7
15%
$307,700Manufacturers and Traders Trust
Health care and social assistance7
15%
$90,000Manufacturers and Traders Trust
Other services (repair, personal care)6
13%
$390,500Huntington National Bank
Education5
11%
$100,000Manufacturers and Traders Trust
Transportation and warehousing2
4%
$696,500Pinnacle Bank
Retail2
4%
$1,729,000Wilmington Savings Fund Society FSB
Administrative and support services2
4%
$239,150Bank of America
Loan size mix
  • Under $150,00048%
  • $150,000 to $500,00033%
  • $500,000 to $2 million15%
  • $2 million and up4%
Compared with Maryland
Median loan, Elkridge
$160,000
Median loan, Maryland
$141,500
Startup share, Elkridge
43%
Startup share, Maryland
37%
Share of state's SBA loans
0.8%

SBA loans per fiscal year in Elkridge

071320FY14: 10 loansFY14FY15: 6 loansFY15FY16: 15 loansFY1615FY17: 7 loansFY17FY18: 14 loansFY18FY19: 8 loansFY19FY20: 8 loansFY20FY21: 12 loansFY21FY22: 11 loansFY22FY23: 10 loansFY23FY24: 7 loansFY24FY25: 13 loansFY25FY26 (Oct to Jun): 5 loansFY265
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.