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SBA lenders in Ellicott City, MD

SBA 7(a) and 504 loans to businesses in Ellicott City (Howard County), October 2021 to June 30, 2026 · Updated October 15, 2026
80
SBA loans approved
$25.7M
Total approved
$150,000
Median loan
23
Lenders active
50%
To startups

80 SBA loans worth $25.7M went to businesses in Ellicott City, MD between October 2021 and June 2026, from 23 lenders. Manufacturers and Traders Trust made the most, 35 loans. The median loan was $150,000, compared with $141,500 across Maryland, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Ellicott City

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
35$4.0M$50,00069%
2Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$5.8M$500,00020%
3Fulton Bank
Bank · Lancaster, PA
5$4.3M$400,0000%
4Northeast Bank
Bank · Portland, ME
5$859K$250,00060%
5Hanmi Bank
Bank · Los Angeles, CA
4$1.3M$237,50025%
6Live Oak Banking
Bank · Wilmington, NC
3$1.9M$850,0000%
7Newtek Bank
Bank · Miami, FL
3$1.1M$303,0000%
8Rappahannock Economic Development
Certified development company · Fredericksburg, VA
2$723K$361,5000%
9U.S. Bank
Bank · Cincinnati, OH
2$407K$203,40050%
10United Midwest Savings Bank
Bank · Degraff, OH
2$300K$150,000100%
11Huntington National Bank
Bank · Columbus, OH
2$275K$137,500100%
12Business Finance Group
Certified development company · Fairfax, VA
1$1.6M$1,563,0000%
13VelocitySBA
Non-bank lender · Irving, TX
1$960K$960,0000%
14Meridian Bank
Bank · Wayne, PA
1$528K$528,500100%
15First National Bank of Pennsylvania
Bank · Greenville, PA
1$360K$360,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Ellicott City. For 504 loans the lender shown is the certified development company.

What gets financed in Ellicott City

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels16
20%
$250,000Manufacturers and Traders Trust
Professional and technical services15
19%
$100,000Manufacturers and Traders Trust
Administrative and support services8
10%
$65,000Manufacturers and Traders Trust
Retail8
10%
$275,000Manufacturers and Traders Trust
Other services (repair, personal care)6
8%
$200,000Manufacturers and Traders Trust
Real estate and rental6
8%
$150,000United Midwest Savings Bank
Health care and social assistance6
8%
$180,850Manufacturers and Traders Trust
Construction5
6%
$50,000Manufacturers and Traders Trust
Loan size mix
  • Under $150,00045%
  • $150,000 to $500,00039%
  • $500,000 to $2 million14%
  • $2 million and up2%
Compared with Maryland
Median loan, Ellicott City
$150,000
Median loan, Maryland
$141,500
Startup share, Ellicott City
50%
Startup share, Maryland
37%
Share of state's SBA loans
1.5%

SBA loans per fiscal year in Ellicott City

0102030FY14: 13 loansFY14FY15: 23 loansFY15FY16: 24 loansFY16FY17: 24 loansFY17FY18: 23 loansFY18FY19: 17 loansFY19FY20: 14 loansFY20FY21: 14 loansFY21FY22: 17 loansFY22FY23: 12 loansFY23FY24: 11 loansFY24FY25: 26 loansFY2526FY26 (Oct to Jun): 14 loansFY2614
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.