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SBA Loans for Sewing in Pennsylvania: Top Lenders

NAICS 451

NAICS 451 covers sewing, needlework, and piece goods stores businesses in Pennsylvania. Based on historical SBA 7(a) lending data.

Total Approvals

8

in Pennsylvania

Median Loan Size

$177,500

per approval

Recent Activity

0

last 90 days through Aug 2021

NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $177,500.

Key trends & insights

  • Sewing in Pennsylvania lending is concentrated — THE Huntington National Bank, Customers Bank, 1ST Colonial Community Bank together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 4 approvals (50% market share) and a median loan of $180,600.
  • Sewing in Pennsylvania loans skew smaller than the SBA average at $177,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2021-08-20 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Sewing in Pennsylvania

#LenderApprovalsMedian Size
1
THE Huntington National Bank
4$180,600
2
Customers Bank
1$876,000
3
1ST Colonial Community Bank
1$255,000
4
Newtek Small Business Finance, INC.
1$18,500
5
Orrstown Bank
1$100,000

Recent SBA 7(a) approvals for Sewing in Pennsylvania

MonthLenderBorrowerAmount
2023-02TD Bank, National AssociationAce*****LLC$30,000
2022-10BayFirst National BankAud*****LLC$150,000
2022-04Manufacturers and Traders Trust CompanyPA *****AST$10,000
2022-03First Commonwealth BankMur*****LLC$557,900
2022-02Northwest BankChu*****LLC$55,000
2021-11The Huntington National BankThe*****LLC$49,500
2021-09First Commonwealth BankLeb*****LLC$150,000
2021-09PNC Bank, National AssociationAYD*****LLC$25,000
2021-08The Huntington National BankFis*****LLC$2,813,800
2021-08The Huntington National BankFis*****LLC$350,000
2021-04Wilmington Savings Fund Society FSBThe*****LLC$185,500
2021-04PS BankKEY*****LLC$500,000
2021-03Customers BankSou*****LLC$876,000
2021-031st Colonial Community BankHAG*****LLC$255,000
2021-03QNB BankKey*****LLC$225,000
2021-02BayFirst National BankFic*****LLC$75,000
2021-01Newtek Small Business Finance, Inc.VII*****LLC$18,500
2020-12PS BankNAT*****INC$250,000
2020-08Orrstown BankWhi*****LLC$100,000
2020-07The Huntington National BankAmp*****LLC$200,000
2020-07The Huntington National BankAmp*****LLC$747,400
2020-06Northwest BankPen*****td.$30,000
2020-06Northwest BankPen*****td.$110,000
2020-02The Honesdale National BankWe *****Inc$250,000
2020-02First Commonwealth BankThe*****ios$65,000
2020-01The Huntington National BankOve*****LLC$9,400
2020-01The Huntington National BankOve*****LLC$11,200
2019-12Wells Fargo Bank National AssociationRL *****LLC$232,800
2019-11Manufacturers and Traders Trust CompanyGWM*****LLC$50,000
2019-11Manufacturers and Traders Trust CompanyGWM*****LLC$575,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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