BlogRankingStateBest Pennsylvania SBA Lenders & Rates of 2026

Best Pennsylvania SBA Lenders & Rates of 2026

February 2, 2026
Ranking, State
1 min read

$1.09B
Total Funded

2,416
Loans Approved

$453K
Avg Loan Size

10.24%
Avg Interest Rate

138
Active Lenders

SBA Loans in Pennsylvania

Pennsylvania businesses received $1.09B in SBA 7(a) loan approvals across 2,416 businesses in 2025. With 138 active SBA lenders competing for business in Pennsylvania, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Pennsylvania is $453K, with rates averaging 10.24%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Pennsylvania (2025)

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

Rank Lender Volume Loans Avg Rate
1 Live Oak Banking Company $81.4M 72 9.29%
2 Wilmington Savings Fund Society FSB $61.6M 80 9.60%
3 Brookline Bank, a Division of Beacon Bank and Trust $59.9M 43 9.64%
4 The Huntington National Bank $58.8M 227 9.64%
5 Meridian Bank $46.9M 53 9.66%
6 First Commonwealth Bank $40.7M 66 9.19%
7 Northeast Bank $36.1M 191 10.79%
8 TD Bank, National Association $34.7M 234 10.43%
9 Manufacturers and Traders Trust Company $34.7M 326 11.47%
10 Newtek Bank, National Association $33.9M 95 10.82%
11 Univest Bank and Trust Co $29.4M 49 9.86%
12 Fulton Bank, National Association $24.6M 32 9.62%
13 Northwest Bank $24.0M 36 9.65%
14 First Internet Bank of Indiana $22.9M 14 10.09%
15 First National Bank of Pennsylvania $22.3M 22 9.36%
16 Firstrust Savings Bank $20.0M 18 9.46%
17 Readycap Lending, LLC $18.9M 58 11.96%
18 KeyBank National Association $16.7M 64 10.47%
19 Bank of America, National Association $16.2M 12 6.87%
20 Celtic Bank Corporation $15.5M 33 10.38%

🤝 How to Get an SBA Loan in Pennsylvania

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across Pennsylvania and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Pennsylvania SBA Lenders

Ready to apply for an SBA loan in Pennsylvania? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

http://gosbaloans.com

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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