Best Philadelphia, PA SBA Lenders & Rates of 2026

Compare 52 SBA lenders in Philadelphia, PA. $130.3M funded across 277 businesses. Average rate 10.35%. Get matched free.

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Best Philadelphia, PA SBA Lenders & Rates of 2026

$130.3M
Total Funded

277
Loans Approved

$471K
Avg Loan Size

10.35%
Avg Interest Rate

52
Active Lenders

SBA Loans in Philadelphia, PA

Philadelphia, PA businesses received $130.3M in SBA 7(a) loan approvals across 277 businesses in 2025. With 52 active SBA lenders competing for business in Philadelphia, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Philadelphia is $471K, with rates averaging 10.35%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Philadelphia SBA Loans by Business Type

🚀 Startups
34%
$50.7M • 95 loans

🏢 Existing Businesses
58%
$61.6M • 162 loans

🔄 Acquisitions
7%
$18.0M • 20 loans

Top SBA Lenders in Philadelphia, PA (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Philadelphia businesses:

RankLenderVolumeLoansAvg Rate
1 Wilmington Savings Fund Society FSB$12.8M219.64%
2 Newtek Bank, National Association$10.2M1410.41%
3 Heritage Bank Inc$8.7M410.44%
4 TD Bank, National Association$7.7M7910.58%
5 Northeast Bank$6.8M3010.65%
6 First Bank of the Lake$5.8M39.33%
7 Firstrust Savings Bank$5.7M39.42%
8 Hyperion Bank$5.3M59.25%
9 Live Oak Banking Company$5.1M79.83%
10 Northwest Bank$5.0M19.25%
11 Bank of America, National Association$4.5M26.53%
12 First Internet Bank of Indiana$4.5M310.08%
13 FWBank$3.7M19.50%
14 The Bancorp Bank National Association$3.5M19.00%
15 Financial Resources Federal Credit Union$3.5M110.25%
16 Celtic Bank Corporation$3.4M410.31%
17 1st Colonial Community Bank$3.1M39.25%
18 Meridian Bank$2.8M69.79%
19 Peapack Private Bank and Trust$2.4M29.00%
20 PromiseOne Bank$2.4M58.95%
21 Univest Bank and Trust Co$2.2M610.50%
22 Bankwell Bank$2.1M19.50%
23 Manufacturers and Traders Trust Company$1.9M1911.17%
24 First Bank of Central Ohio$1.8M19.75%
25 Readycap Lending, LLC$1.7M712.25%
26 Woori America Bank$1.2M39.17%
27 The Huntington National Bank$1.1M39.53%
28 KeyBank National Association$1.0M410.75%
29 Lendistry SBLC, LLC$950K412.00%
30 Provident Bank$915K19.50%
31 Wells Fargo Bank National Association$838K39.23%
32 Grasshopper Bank National Association$750K212.00%
33 Harvest Small Business Finance, LLC$637K210.13%
34 United Bank of Philadelphia$581K19.00%
35 Byline Bank$580K110.25%
36 Flushing Bank$565K110.00%
37 BayFirst National Bank$505K311.67%
38 Citizens Bank, National Association$500K110.25%
39 Dogwood State Bank$420K210.00%
40 Asian Bank$400K28.31%
41 Stone Bank$400K310.50%
42 Accion Opportunity Fund Community Development$350K111.00%
43 First Savings Bank$297K110.25%
44 United Midwest Savings Bank National Association$290K210.25%
45 JPMorgan Chase Bank, National Association$250K19.65%
46 First Bank$250K111.00%
47 NYBDC Local Development Corporation dba Pursuit Community Fi$224K110.25%
48 Truliant FCU$200K19.75%
49 Fulton Bank, National Association$175K110.00%
50 Tompkins Community Bank$150K19.50%

Top Industries in Philadelphia

Here are the industries that received the most SBA funding in Philadelphia:

SBA Loans in Pennsylvania

Philadelphia is part of Pennsylvania‘s SBA lending market. For statewide data and more lender options, see our full Pennsylvania SBA Lenders guide.

🤝 Why Use an SBA Broker in Philadelphia?

GoSBA Loans helps Philadelphia businesses access the best SBA lenders:

  • Access 52+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Philadelphia
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Philadelphia SBA Loan

Our team has helped hundreds of Philadelphia businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Philadelphia? GoSBA Loans is a trusted SBA loan broker serving businesses in Philadelphia and across Pennsylvania. Contact our Philadelphia SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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