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SBA lenders in Laurel, MD

SBA 7(a) and 504 loans to businesses in Laurel (Prince George's County), October 2021 to June 30, 2026 · Updated October 15, 2026
131
SBA loans approved
$54.5M
Total approved
$139,500
Median loan
38
Lenders active
35%
To startups

131 SBA loans worth $54.5M went to businesses in Laurel, MD between October 2021 and June 2026, from 38 lenders. Manufacturers and Traders Trust made the most, 37 loans. The median loan was $139,500, compared with $141,500 across Maryland, and health care and social assistance was the most financed industry.

Most active SBA lenders in Laurel

#LenderLoansApprovedMedian loanTo startups
1Manufacturers and Traders Trust
Bank · Buffalo, NY
37$2.9M$50,00051%
2TD Bank
Bank · Wilmington, DE
13$1.8M$75,0008%
3Northeast Bank
Bank · Portland, ME
10$1.3M$88,45010%
4Huntington National Bank
Bank · Columbus, OH
7$1.5M$250,00086%
5Atlantic Union Bank
Bank · Richmond City, VA
5$4.2M$285,00020%
6Bank of America
Bank · Charlotte, NC
5$1.6M$310,50040%
7Newtek Bank
Bank · Miami, FL
5$739K$150,00040%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$385K$75,0000%
9Business Finance Group
Certified development company · Fairfax, VA
3$7.6M$1,773,0000%
10Live Oak Banking
Bank · Wilmington, NC
2$5.2M$2,625,00050%
11Rappahannock Economic Development
Certified development company · Fredericksburg, VA
2$4.2M$2,109,0000%
12Colony Bank
Bank · Fitzgerald, GA
2$2.2M$1,103,00050%
13First Bank of the Lake
Bank · Osage Beach, MO
2$1.9M$933,00050%
14Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
2$1.5M$759,1000%
15Fulton Bank
Bank · Lancaster, PA
2$1.0M$500,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Laurel. For 504 loans the lender shown is the certified development company.

What gets financed in Laurel

IndustryLoansShareMedian loanMost active lender
Health care and social assistance24
18%
$243,000Manufacturers and Traders Trust
Other services (repair, personal care)16
12%
$122,450TD Bank
Professional and technical services15
11%
$75,000Manufacturers and Traders Trust
Restaurants and hotels15
11%
$345,000Huntington National Bank
Retail13
10%
$100,000Manufacturers and Traders Trust
Administrative and support services12
9%
$250,000Manufacturers and Traders Trust
Transportation and warehousing8
6%
$26,750Manufacturers and Traders Trust
Construction7
5%
$250,000Fulton Bank
Loan size mix
  • Under $150,00050%
  • $150,000 to $500,00031%
  • $500,000 to $2 million14%
  • $2 million and up5%
Compared with Maryland
Median loan, Laurel
$139,500
Median loan, Maryland
$141,500
Startup share, Laurel
35%
Startup share, Maryland
37%
Share of state's SBA loans
2.4%

SBA loans per fiscal year in Laurel

0173350FY14: 16 loansFY14FY15: 22 loansFY15FY16: 8 loansFY16FY17: 12 loansFY17FY18: 22 loansFY18FY19: 18 loansFY19FY20: 11 loansFY20FY21: 14 loansFY21FY22: 8 loansFY22FY23: 26 loansFY23FY24: 48 loansFY2448FY25: 30 loansFY25FY26 (Oct to Jun): 19 loansFY2619
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.