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SBA lenders in Erie, PA

SBA 7(a) and 504 loans to businesses in Erie (Erie County), October 2021 to June 30, 2026 · Updated October 15, 2026
117
SBA loans approved
$47.0M
Total approved
$125,000
Median loan
24
Lenders active
40%
To startups

117 SBA loans worth $47.0M went to businesses in Erie, PA between October 2021 and June 2026, from 24 lenders. Northwest Bank made the most, 36 loans. The median loan was $125,000, compared with $150,000 across Pennsylvania, and construction was the most financed industry.

Most active SBA lenders in Erie

#LenderLoansApprovedMedian loanTo startups
1Northwest Bank
Bank · Warren, PA
36$12.3M$104,05044%
2Huntington National Bank
Bank · Columbus, OH
34$3.7M$50,00035%
3KeyBank
Bank · Cleveland, OH
6$2.6M$175,00050%
4Empire State Certified Development
Certified development company · Latham, NY
5$4.2M$617,00060%
5PNC Bank
Bank · Wilmington, DE
5$400K$50,00020%
6Regional Development Funding
Certified development company · Pittsburgh, PA
4$3.1M$250,0000%
7Newtek Bank
Bank · Miami, FL
4$1.7M$237,50025%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$2.1M$776,00067%
9BayFirst National Bank
Bank · St. Petersburg, FL
3$391K$136,00033%
10Fifth Third Bank
Bank · Cincinnati, OH
2$2.0M$1,001,250100%
11Northeast Bank
Bank · Portland, ME
2$600K$300,00050%
12Port 51 Lending
Non-bank lender · New York, NY
1$3.8M$3,800,0000%
13Centerstone SBA Lending
Non-bank lender · Los Angeles, CA
1$2.0M$1,975,0000%
14CRF Small Business Loan Company
Non-bank lender · Minneapolis, MN
1$1.9M$1,875,000100%
15First Merchants Bank
Bank · Muncie, IN
1$1.6M$1,591,600100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Erie. For 504 loans the lender shown is the certified development company.

What gets financed in Erie

IndustryLoansShareMedian loanMost active lender
Construction16
14%
$100,000Huntington National Bank
Retail14
12%
$125,000Northwest Bank
Transportation and warehousing14
12%
$78,350Huntington National Bank
Restaurants and hotels14
12%
$336,500Huntington National Bank
Health care and social assistance11
9%
$136,000Huntington National Bank
Manufacturing8
7%
$318,500Northwest Bank
Other services (repair, personal care)8
7%
$77,000Huntington National Bank
Professional and technical services7
6%
$188,000Northwest Bank
Loan size mix
  • Under $150,00053%
  • $150,000 to $500,00022%
  • $500,000 to $2 million22%
  • $2 million and up3%
Compared with Pennsylvania
Median loan, Erie
$125,000
Median loan, Pennsylvania
$150,000
Startup share, Erie
40%
Startup share, Pennsylvania
36%
Share of state's SBA loans
1.1%

SBA loans per fiscal year in Erie

0132740FY14: 13 loansFY14FY15: 19 loansFY15FY16: 15 loansFY16FY17: 26 loansFY17FY18: 28 loansFY18FY19: 30 loansFY19FY20: 22 loansFY20FY21: 25 loansFY21FY22: 21 loansFY22FY23: 36 loansFY2336FY24: 30 loansFY24FY25: 20 loansFY25FY26 (Oct to Jun): 10 loansFY2610
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.