SHANE PIERSON · SBA DATA
SBA Lending by State · Maryland

SBA Lending in Maryland

Maryland is a mid-sized SBA market concentrated in professional services, growing +10%.

27,369
Total SBA loans
$7.9B
Approved dollars
5.1
Loans per 1,000 businesses / yr
+10%
Growth, 2010s to 2020s
11.8%
Active-loan distress
#21
Rank, national volume
#34
Rank, loans per business

Every SBA 7(a) and 504 loan approved in Maryland since 1991 sits in the public federal record. Maryland accounts for 27,369 of them, worth $7.9B, split 25,390 under 7(a) and 1,979 under 504. Roughly 13% of 7(a) went to startups and new businesses.

Top industries funded in Maryland

  • Retail3,403 loans · $863M
  • Professional Services3,361 loans · $691M
  • Food & Lodging2,497 loans · $1.0B
  • Construction2,444 loans · $448M
  • Other2,418 loans · $408M
  • Personal Services2,297 loans · $592M

Program mix

25,390
7(a) loans
1,979
504 loans
13%
To startups & new businesses
87%
To existing businesses
See Maryland on the interactive map

Drill Maryland to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore Maryland on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026.