30 SBA loans worth $10.5M went to businesses in Springfield, PA between October 2021 and June 2026, from 14 lenders. Huntington National Bank made the most, 6 loans. The median loan was $112,500, compared with $150,000 across Pennsylvania, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 6 | $2.1M | $194,500 | 67% |
| 2 | TD Bank Bank · Wilmington, DE | 4 | $220K | $55,000 | 0% |
| 3 | Live Oak Banking Bank · Wilmington, NC | 3 | $2.6M | $260,000 | 0% |
| 4 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 3 | $725K | $200,000 | 67% |
| 5 | PNC Bank Bank · Wilmington, DE | 3 | $295K | $75,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 3 | $225K | $50,000 | 0% |
| 7 | Trenton Business Assistance Certified development company · Princeton, NJ | 1 | $1.9M | $1,895,000 | 0% |
| 8 | Tioga-Franklin Savings Bank Bank · Philadelphia, PA | 1 | $1.0M | $1,042,000 | 100% |
| 9 | Empire State Certified Development Certified development company · Latham, NY | 1 | $824K | $824,000 | 0% |
| 10 | South Eastern Economic Development Company of Pennsylvania Certified development company · Exton, PA | 1 | $262K | $262,000 | 0% |
| 11 | Newtek Bank Bank · Miami, FL | 1 | $125K | $125,000 | 0% |
| 12 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $100K | $100,000 | 0% |
| 13 | Santander Bank Bank · Wilmington, DE | 1 | $85K | $85,000 | 0% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $67K | $67,100 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 8 | $295,000 | Huntington National Bank | |
| Construction | 6 | $92,500 | PNC Bank | |
| Administrative and support services | 4 | $112,500 | PNC Bank | |
| Professional and technical services | 3 | $60,000 | South Eastern Economic Development Company of Pennsylvania | |
| Education | 2 | $194,500 | Huntington National Bank | |
| Restaurants and hotels | 2 | $651,000 | Live Oak Banking | |
| Arts, entertainment and recreation | 1 | $10,000 | TD Bank | |
| Finance and insurance | 1 | $200,000 | Wilmington Savings Fund Society FSB |