SBA by industry · MD

SBA lenders for auto repair shops in Maryland

27 lenders made 108 SBA loans to auto repair shops in Maryland in the 36 months ending September 30, 2026. Manufacturers and Traders Trust Company made the most, with 57. The typical loan was about $100K.

Evidence
SBA 7(a) and 504 loans to auto repair shops in Maryland, NAICS 8111, excluding car washes
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
27
SBA FOIA,
SBA loans, 36 months
108
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$34.9M
SBA FOIA,
Last 12 months
36
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for auto repair shops in Maryland, https://lender.report/sba-lenders-for/auto-repair/maryland/, data as of September 30, 2026.

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SBA lenders for auto repair shops in Maryland. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 27.
LenderKindBased inLoansDollars7(a)504Last 12 months
Manufacturers and Traders Trust Company SBA 7(a) recordBankBuffalo, NY57$5.25M57025
First Internet Bank of Indiana SBA 7(a) recordBankFishers, IN4$3.85M402
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ4$390K400
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL4$375K401
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC3$3.32M300
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH3$2.43M300
Harvest Small Business Finance, LLC SBA 7(a) recordNon-bankLaguna Hills, CA3$1.67M300
Woori America Bank SBA 7(a) recordBankNew York, NY2$930K200
Truist Bank SBA 7(a) recordBankCharlotte, NC2$840K202
Wells Fargo Bank, National Association SBA 7(a) recordBankSioux Falls, SD2$470K200
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL2$300K200
Pathward, National Association SBA 7(a) recordBankSioux Falls, SD1$4.40M101
First National Bank of Pennsylvania SBA 7(a) recordBankGreenville, PA1$1.90M100
Meridian Bank SBA 7(a) recordBankWayne, PA1$1.60M100
Truliant Credit Union SBA 7(a) recordCredit unionWinston Salem, NC1$840K100
Fulton Bank, National Association SBA 7(a) recordBankLancaster, PA1$810K100
US Metro Bank SBA 7(a) recordBankGarden Grove, CA1$620K101
Hanmi Bank SBA 7(a) recordBankLos Angeles, CA1$500K101
Burke & Herbert Bank & Trust Company SBA 7(a) recordBankAlexandria, VA1$460K101
Northeast Bank SBA 7(a) recordBankPortland, ME1$350K101
EagleBank SBA 7(a) recordBankBethesda, MD1$300K100
Bank Of Clarke SBA 7(a) recordBankBerryville, VA1$280K100
Shore United Bank, National AssociationBankEaston, MD1$230K100
Heritage Bank, Inc. SBA 7(a) recordBankBurlington, KY1$150K100
HomeTrust Bank SBA 7(a) recordBankAsheville, NC1$150K100
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in Maryland
IndustryLoans
General Automotive Repair69
Automotive Body, Paint, and Interior Repair and Maintenance22
All Other Automotive Repair and Maintenance11
Automotive Oil Change and Lubrication Shops3
Specialized Automotive Repair2
Automotive Glass Replacement Shops1
SBA FOIA,
SBA loans for auto repair shops in Maryland, by size
Loan sizeLoans
Under $150K57
$150K to $350K21
$350K to $1M18
$1M to $2.5M4
$2.5M or more2
SBA FOIA,
  • SBA lenders recorded 108 loans to auto repair shops totaling $34.9M in Maryland in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $100K, with the middle half between $50K and $320K. SBA FOIA,
  • 102 were SBA 7(a) loans and 0 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 102 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 94 of the loans, credit unions 1, and non-banks 7. SBA FOIA,
  • The five most active lenders made 66.7% of the loans. SBA FOIA,
  • The three most active lenders were Manufacturers and Traders Trust Company with 57, First Internet Bank of Indiana with 4, and Newtek Bank, National Association with 4. SBA FOIA,
  • 57 of the loans were under $150K, and 6 were $1M or more. SBA FOIA,
  • 6 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 36 approvals of these loans dated in the 12 months to September 30, 2026, versus 36 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 2 of the 27 lenders are based in Maryland. The rest are based elsewhere, most often in North Carolina, California and Pennsylvania. SBA FOIA,
  • The most common detailed industry in Maryland was General Automotive Repair, with 69 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to auto repair shops in Maryland
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Maryland, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 8111, excluding car washes.
Order
Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
As of
September 30, 2026
Source
SBA FOIA
Changelog
  • : First published, with the data built on this date.

What we don't know

  • Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. 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

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.