Best SBA Lenders in Allentown, PA (2026)
2025 FOIA data: top lenders, rates & industries for Allentown SBA loans
SBA Loans in Allentown, Pennsylvania
Looking for an SBA loan in Allentown, Pennsylvania? Based on 2025 FOIA data, 39 SBA 7(a) loans were funded in Allentown totaling $19.0M, supporting an estimated 302 jobs. With 19 active lenders competing for business in the Allentown market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Allentown is $487K at an average rate of 10.92%. The top lender in Allentown is United Midwest Savings Bank National Association, with the most-funded industry being Funeral Homes and Funeral Services. See all Pennsylvania SBA lenders for statewide rankings.
SBA Loans in Allentown by Business Type
Whether you’re starting a new business in Allentown, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 15% of SBA loans in Allentown (5 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 22% (5 loans) — if you’re looking to buy a business in Allentown, this is a proven use case for SBA financing. Existing businesses make up 33% and typically receive the most favorable terms.
Top SBA Lenders in Allentown, PA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Allentown businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | $4.6M | 2 | 10% |
| 2 | Brookline Bank, a Division of Beacon Bank and Trust | $3.3M | 2 | 10.25% |
| 3 | TD Bank, National Association | $2.2M | 10 | 10.63% |
| 4 | Firstrust Savings Bank | $2.1M | 1 | 10.25% |
| 5 | QNB Bank | $1.0M | 1 | 8.5% |
| 6 | First Internet Bank of Indiana | $899K | 1 | 10.25% |
| 7 | Newtek Bank, National Association | $843K | 3 | 12% |
| 8 | First Savings Bank | $680K | 1 | 10.25% |
| 9 | BayFirst National Bank | $650K | 2 | 11.25% |
| 10 | Metro City Bank | $618K | 1 | 9% |
The top lenders in Allentown have direct experience with local businesses and understand the Allentown market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Allentown and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Allentown
One 5-minute application. 19+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Allentown
These are the industries that received the most SBA 7(a) funding in Allentown in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Funeral Homes and Funeral Services | 1 | $4.0M |
| Full-Service Restaurants | 3 | $2.7M |
| All Other Miscellaneous Food Manufacturing | 1 | $2.1M |
| All Other Amusement and Recreation Industries | 1 | $1.8M |
| Plumbing, Heating, and Air-Conditioning Contractors | 1 | $1.0M |
| Ice Cream and Frozen Dessert Manufacturing | 1 | $899K |
| Fitness and Recreational Sports Centers | 2 | $812K |
| Offices of Chiropractors | 1 | $513K |
| Residential Remodelers | 1 | $500K |
| Offices of All Other Miscellaneous Health Practitioners | 1 | $430K |
Lenders with experience funding your specific industry in Allentown understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Allentown
Option 1: Apply directly to one of the top Allentown lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Allentown-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
