Best SBA Lenders in Reading, PA (2026)
2025 FOIA data: top lenders, rates & industries for Reading SBA loans
SBA Loans in Reading, Pennsylvania
Looking for an SBA loan in Reading, Pennsylvania? Based on 2025 FOIA data, 39 SBA 7(a) loans were funded in Reading totaling $23.6M, supporting an estimated 286 jobs. With 22 active lenders competing for business in the Reading market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Reading is $604K at an average rate of 10.67%. The top lender in Reading is Tompkins Community Bank, with the most-funded industry being Commercial Gravure Printing. See all Pennsylvania SBA lenders for statewide rankings.
SBA Loans in Reading by Business Type
Whether you’re starting a new business in Reading, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 18% of SBA loans in Reading (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 41% (6 loans) — if you’re looking to buy a business in Reading, this is a proven use case for SBA financing. Existing businesses make up 30% and typically receive the most favorable terms.
Top SBA Lenders in Reading, PA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Reading businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Tompkins Community Bank | $8.1M | 4 | 7.53% |
| 2 | Customers Bank | $2.2M | 1 | 8.5% |
| 3 | Univest Bank and Trust Co | $2.2M | 1 | 9.5% |
| 4 | Meridian Bank | $2.1M | 2 | 9.88% |
| 5 | Wilmington Savings Fund Society FSB | $2.0M | 2 | 9.5% |
| 6 | Truliant FCU | $1.3M | 1 | 10.25% |
| 7 | Leader Bank, National Association | $1.1M | 1 | 10.25% |
| 8 | Community Bank & Trust-West Georgia | $935K | 1 | 10.25% |
| 9 | Manufacturers and Traders Trust Company | $493K | 5 | 10.75% |
| 10 | Northeast Bank | $400K | 2 | 10.5% |
The top lenders in Reading have direct experience with local businesses and understand the Reading 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 Reading 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 Reading
One 5-minute application. 22+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Reading
These are the industries that received the most SBA 7(a) funding in Reading 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 |
|---|---|---|
| Commercial Gravure Printing | 1 | $4.8M |
| Radio and Television Broadcasting and Wireless Communications Equipmen | 2 | $3.2M |
| Building Inspection Services | 1 | $2.2M |
| Caterers | 1 | $2.2M |
| Plumbing, Heating, and Air-Conditioning Contractors | 2 | $2.1M |
| Supermarkets and Other Grocery (except Convenience) Stores | 1 | $1.3M |
| Full-Service Restaurants | 1 | $1.2M |
| Offices of Physicians (except Mental Health Specialists) | 1 | $1.1M |
| Fitness and Recreational Sports Centers | 2 | $1.1M |
| All Other Amusement and Recreation Industries | 1 | $791K |
Lenders with experience funding your specific industry in Reading 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 Reading
Option 1: Apply directly to one of the top Reading 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 Reading-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.
