27 SBA loans worth $15.7M went to businesses in Altoona, PA between October 2021 and June 2026, from 14 lenders. Manufacturers and Traders Trust made the most, 7 loans. The median loan was $200,000, compared with $150,000 across Pennsylvania, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 7 | $593K | $80,000 | 29% |
| 2 | First Commonwealth Bank Bank · Indiana, PA | 4 | $1.7M | $354,300 | 0% |
| 3 | Northeast Bank Bank · Portland, ME | 3 | $350K | $100,000 | 0% |
| 4 | South Eastern Economic Development Company of Pennsylvania Certified development company · Exton, PA | 2 | $1.6M | $823,000 | 50% |
| 5 | United Community Bank Bank · Greenville, SC | 2 | $900K | $450,000 | 100% |
| 6 | Centerstone SBA Lending Non-bank lender · Los Angeles, CA | 1 | $4.1M | $4,072,000 | 0% |
| 7 | Southwestern National Bank Bank · Houston, TX | 1 | $2.2M | $2,170,000 | 100% |
| 8 | US Metro Bank Bank · Garden Grove, CA | 1 | $2.1M | $2,100,000 | 100% |
| 9 | Kish Bank Bank · Belleville, PA | 1 | $572K | $571,500 | 0% |
| 10 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $473K | $473,000 | 100% |
| 11 | Reliance Savings Bank Bank · Altoona, PA | 1 | $350K | $350,000 | 0% |
| 12 | Huntington National Bank Bank · Columbus, OH | 1 | $350K | $350,000 | 0% |
| 13 | Mechanics and Farmers Bank Bank · Durham, NC | 1 | $236K | $236,300 | 0% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $145K | $145,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 6 | $65,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 6 | $1,649,000 | United Community Bank | |
| Administrative and support services | 3 | $350,000 | United Midwest Savings Bank | |
| Wholesale trade | 3 | $145,000 | First Commonwealth Bank | |
| Education | 3 | $448,000 | Mechanics and Farmers Bank | |
| Retail | 2 | $112,500 | Northeast Bank | |
| Other services (repair, personal care) | 2 | $40,000 | Northeast Bank | |
| Professional and technical services | 1 | $200,000 | Manufacturers and Traders Trust |