SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Maryland: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Maryland. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Maryland
Median Loan Size
$277,500
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $277,500.
Key trends & insights
- Industrial Machinery and Equipment Merchant Wholesalers in Maryland lending is concentrated — Manufacturers AND Traders Trust Company, Univest Bank AND Trust CO, Bank OF America, National Association together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 4 approvals (40% market share) and a median loan of $39,450.
- SBA data for this industry goes through 2024-08-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Maryland
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $39,450 | |
| 2 | 2 | $1,309,500 | |
| 3 | 2 | $500,000 | |
| 4 | 1 | $20,000 | |
| 5 | 1 | $375,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-07 | Manufacturers and Traders Trust Company | SDL*****LLC | MOUNT AIRY, MD | $150,000 |
| 2024-08 | Manufacturers and Traders Trust Company | Del*****LLC | CAMBRIDGE, MD | $10,000 |
| 2024-08 | Manufacturers and Traders Trust Company | Del*****LLC | CAMBRIDGE, MD | $53,900 |
| 2024-05 | PNC Bank, National Association | Bro*****LLC | FRUITLAND, MD | $20,000 |
| 2023-11 | Univest Bank and Trust Co | Bea*****nc. | HANOVER, MD | $2,119,000 |
| 2023-11 | Univest Bank and Trust Co | Bea*****nc. | HANOVER, MD | $500,000 |
| 2023-06 | Bank of America, National Association | All*****nc. | SILVER SPRING, MD | $500,000 |
| 2023-02 | Bank of America, National Association | Zan****LLC | Jessup, MD | $500,000 |
| 2022-08 | BayFirst National Bank | ARC*****LLC | CLINTON, MD | $150,000 |
| 2022-04 | Manufacturers and Traders Trust Company | The*****LLC | Elkridge, MD | $180,000 |
| 2020-08 | Fulton Bank, National Association | TAY*****Inc | BELTSVILLE, MD | $375,000 |
| 2020-04 | Manufacturers and Traders Trust Company | Jac*****ein | Silver Spring, MD | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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