--- title: SBA 504 Lenders in Maryland: 44 Made Loans in 3 Years url: https://lender.report/sba-504-lenders/maryland/ license: https://lender.report/license/ --- SBA 504 ยท MD # SBA 504 lenders in Maryland 44 lenders provided the first lien on at least one SBA 504 project in Maryland in the 36 months ending September 30, 2026. Manufacturers and Traders Trust Company made the most, with 20 of the 105 on record. **Evidence** Lender provided the first lien on at least one SBA 504 project in Maryland in the 36 months ending September 30, 2026 **Data as of** SBA, September 30, 2026 **Page last changed** November 11, 2026 **Lenders on record** 44 SBA FOIA, Sep 30, 2026 **First liens, 36 months** 105 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $205M SBA FOIA, Sep 30, 2026 **Approvals, last 12 months (funded or not)** 38 SBA FOIA, Sep 30, 2026 +18.8% from the prior 12 months Cite this Source: The Lender Report, SBA 504 lenders in Maryland, https://lender.report/sba-504-lenders/maryland/, data as of September 30, 2026. ## Describe a deal in Maryland See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show SBA 504 loans in Maryland](https://lender.report/comps/?lane=sba_504&state=MD)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | First liens | Dollars | | --- | --- | --- | --- | --- | | [Manufacturers and Traders Trust Company](https://lender.report/lender/manufacturers-and-traders-trust-ny/) [SBA 504 record](https://lender.report/lender/manufacturers-and-traders-trust-ny/sba-504/) | Bank | Buffalo, NY | 20 | $22.6M | | [Bank of America, National Association](https://lender.report/lender/bank-of-america-nc/) [SBA 504 record](https://lender.report/lender/bank-of-america-nc/sba-504/) | Bank | Charlotte, NC | 11 | $15.8M | | [Atlantic Union Bank](https://lender.report/lender/atlantic-union-bank-va/) [SBA 504 record](https://lender.report/lender/atlantic-union-bank-va/sba-504/) | Bank | Richmond City, VA | 8 | $12.4M | | [Harvest Commercial Capital, LLC](https://lender.report/lender/harvest-commercial-capital/) [SBA 504 record](https://lender.report/lender/harvest-commercial-capital/sba-504/) | Non-bank | Not reported | 5 | $10.6M | | [Capital Bank, National Association](https://lender.report/lender/capital-bank-md/) [SBA 504 record](https://lender.report/lender/capital-bank-md/sba-504/) | Bank | Rockville, MD | 4 | $18.0M | | [First National Bank](https://lender.report/lender/first-national-bank-va/) | Bank | Altavista, VA | 3 | $8.70M | | [First-Citizens Bank & Trust Company](https://lender.report/lender/first-citizens-bank-and-trust-nc/) [SBA 504 record](https://lender.report/lender/first-citizens-bank-and-trust-nc/sba-504/) | Bank | Raleigh, NC | 3 | $4.60M | | [BayVanguard Bank](https://lender.report/lender/bayvanguard-bank-md/) | Bank | Baltimore, MD | 3 | $4.00M | | [PNC Bank, National Association](https://lender.report/lender/pnc-bank-de/) [SBA 504 record](https://lender.report/lender/pnc-bank-de/sba-504/) | Bank | Wilmington, DE | 3 | $1.20M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 504 record](https://lender.report/lender/celtic-bank-ut/sba-504/) | Bank | Salt Lake City, UT | 2 | $11.0M | | [Bank Five Nine](https://lender.report/lender/bank-five-nine-wi/) [SBA 504 record](https://lender.report/lender/bank-five-nine-wi/sba-504/) | Bank | Oconomowoc, WI | 2 | $8.80M | | [Harvest Small Business Finance, LLC](https://lender.report/lender/harvest-small-business-finance-ca/) | Non-bank | Laguna Hills, CA | 2 | $5.50M | | [TD Bank USA, National Association](https://lender.report/lender/td-bank-usa-de/) | Bank | Wilmington, DE | 2 | $5.40M | | [ACNB Bank](https://lender.report/lender/acnb-bank-pa/) | Bank | Gettysburg, PA | 2 | $4.50M | | [Farmers and Merchants Bank](https://lender.report/lender/farmers-and-merchants-bank-md/) | Bank | Upperco, MD | 2 | $3.70M | | [TowneBank](https://lender.report/lender/townebank-va/) [SBA 504 record](https://lender.report/lender/townebank-va/sba-504/) | Bank | Portsmouth, VA | 2 | $3.60M | | [Hebron Savings Bank](https://lender.report/lender/hebron-savings-bank-md/) | Bank | Hebron, MD | 2 | $1.40M | | [Industrial Bank](https://lender.report/lender/industrial-bank-dc/) | Bank | Washington, DC | 2 | $1.30M | | [Poppy Bank](https://lender.report/lender/poppy-bank-ca/) [SBA 504 record](https://lender.report/lender/poppy-bank-ca/sba-504/) | Bank | Santa Rosa, CA | 1 | $8.40M | | [T Bank, National Association](https://lender.report/lender/t-bank-tx/) [SBA 504 record](https://lender.report/lender/t-bank-tx/sba-504/) | Bank | Dallas, TX | 1 | $7.70M | | [Newtek Bank, National Association](https://lender.report/lender/newtek-bank-fl/) [SBA 504 record](https://lender.report/lender/newtek-bank-fl/sba-504/) | Bank | Miami, FL | 1 | $5.20M | | [NewFirst National Bank](https://lender.report/lender/newfirst-national-bank-tx/) | Bank | El Campo, TX | 1 | $4.20M | | [TD Bank, National Association](https://lender.report/lender/td-bank-de/) [SBA 504 record](https://lender.report/lender/td-bank-de/sba-504/) | Bank | Wilmington, DE | 1 | $4.00M | | [Velocity Commercial Capital LLC](https://lender.report/lender/velocity-commercial-capital-ca/) [SBA 504 record](https://lender.report/lender/velocity-commercial-capital-ca/sba-504/) | Non-bank | Westlake Village, CA | 1 | $3.70M | | [EagleBank](https://lender.report/lender/eaglebank-md/) | Bank | Bethesda, MD | 1 | $3.20M | SBA FOIA, Sep 30, 2026 [See all 44 SBA 504 lenders in Maryland in Loan Comps](https://lender.report/comps/?lane=sba_504&state=MD) Dollars are first-lien amounts on SBA 504 approvals. - Lenders recorded 105 SBA 504 first liens totaling $205.4M in Maryland in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 94 of those, credit unions 0, and non-banks 10. SBA FOIA, Sep 30, 2026 - The five most active lenders made 45.7% of Maryland's SBA 504 first liens. SBA FOIA, Sep 30, 2026 - Manufacturers and Traders Trust Company recorded the most dollars in Maryland, at $22.6M. SBA FOIA, Sep 30, 2026 - 9 of these lenders are based in Maryland. SBA FOIA, Sep 30, 2026 - 2 lenders recorded 10 or more SBA 504 first liens in Maryland. SBA FOIA, Sep 30, 2026 - 1 of these first liens was made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. SBA FOIA, Sep 30, 2026 - The SBA file shows 38 SBA 504 approvals in Maryland dated in the 12 months to September 30, 2026, versus 32 in the prior 12 months. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA, Sep 30, 2026 - The typical SBA 504 first lien in Maryland was about $900K, with the middle half between $530K and $2.3M. SBA FOIA, Sep 30, 2026 - The median term in Maryland was 25 years. SBA FOIA, Sep 30, 2026 ## How this list is defined **Measure** SBA 504 first liens in Maryland **Period** October 2023 to September 2026 **Formula** Count, by lender, of SBA 504 projects located in Maryland with an approval date in the 36 months ending September 30, 2026, not cancelled, that name the lender as first-lien lender. **Order** Largest first by first liens in the 36 months, then dollars, then name. Payment is not part of the order. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-504-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. An SBA 504 project pairs a first-lien lender with a Certified Development Company that funds a second lien, for owner-occupied real estate and equipment. SBA 504 figures count the first-lien lender on each SBA approval. A project marked not funded is often recent and awaiting funding. Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out. SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.