SBA Loans for NAICS 517 in Maryland: Top Lenders

NAICS 517

NAICS 517 covers wireless telecommunications carriers (except satellite) businesses in Maryland. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Maryland

Median Loan Size

$50,000

per approval

Recent Activity

0

last 90 days through May 2022

NAICS 517 covers wireless telecommunications carriers (except satellite) businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $50,000.

Key trends & insights

  • NAICS 517 in Maryland lending is concentrated — TD Bank, National Association, Manufacturers AND Traders Trust Company, Celtic Bank, CORP. together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • TD Bank, National Association leads this industry with 2 approvals (50% market share) and a median loan of $50,000.
  • NAICS 517 in Maryland loans skew smaller than the SBA average at $50,000 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 2022-05-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for NAICS 517 in Maryland

#LenderApprovalsMedian Size
12$50,000
21$50,000
31$150,000

Recent SBA 7(a) approvals for NAICS 517 in Maryland

MonthLenderBorrowerAmount
2022-05Manufacturers and Traders Trust CompanySil*****LTD$50,000
2022-01Celtic Bank CorporationWis*****Inc$150,000
2021-02TD Bank, National AssociationDON*****INC$50,000
2021-02TD Bank, National AssociationSAN*****INC$50,000

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

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