SBA Loans for Financial Transactions Processing in Maryland: Top Lenders

NAICS 522

NAICS 522 covers financial transactions processing, reserve, and clearinghouse activiti businesses in Maryland. Based on historical SBA 7(a) lending data.

Total Approvals

2

in Maryland

Median Loan Size

$57,600

per approval

Recent Activity

0

last 90 days through Apr 2022

NAICS 522 covers financial transactions processing, reserve, and clearinghouse activiti businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $57,600.

Key trends & insights

  • Financial Transactions Processing in Maryland loans skew smaller than the SBA average at $57,600 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 2022-04-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Financial Transactions Processing in Maryland

#LenderApprovalsMedian Size
12$57,600

Recent SBA 7(a) approvals for Financial Transactions Processing in Maryland

MonthLenderBorrowerAmount
2023-08Manufacturers and Traders Trust CompanyRya*****ele$15,000
2022-04Manufacturers and Traders Trust CompanyCAS****LLC$65,000
2021-11Manufacturers and Traders Trust CompanyLOY*****LLC$50,200

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

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