SBA Loans for Remediation Services in Maryland: Top Lenders

NAICS 562

NAICS 562 covers remediation services businesses in Maryland. Based on historical SBA 7(a) lending data.

Total Approvals

13

in Maryland

Median Loan Size

$150,000

per approval

Recent Activity

0

last 90 days through Aug 2024

NAICS 562 covers remediation services businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $150,000.

Key trends & insights

  • Remediation Services in Maryland lending is concentrated — Manufacturers AND Traders Trust Company, United Midwest Savings Bank, National Association, Readycap Lending, LLC together account for 77% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Manufacturers AND Traders Trust Company leads this industry with 5 approvals (38% market share) and a median loan of $75,000.
  • Remediation Services in Maryland loans skew smaller than the SBA average at $150,000 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 2024-08-27 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Remediation Services in Maryland

#LenderApprovalsMedian Size
15$75,000
24$150,000
31$50,000
41$350,000
51$150,000
61$240,000

Recent SBA 7(a) approvals for Remediation Services in Maryland

MonthLenderBorrowerAmount
2024-08United Midwest Savings Bank National AssociationJNC*****LIS$150,000
2024-02United Midwest Savings Bank National AssociationSav*****LLC$150,000
2024-02Hebron Savings BankElz*****LLC$240,000
2023-10Readycap Lending, LLCAGA*****LLC$50,000
2023-07United Midwest Savings Bank National AssociationTac*****LLC$150,000
2023-01Manufacturers and Traders Trust CompanyKOR*****LLC$75,000
2022-04Manufacturers and Traders Trust Company4BR*****LLC$50,000
2021-08Ameris BankHer*****Inc$350,000
2021-08Manufacturers and Traders Trust CompanyCAP*****LLC$120,000
2021-03United Midwest Savings Bank National AssociationG &*****LLC$150,000
2020-08Manufacturers and Traders Trust CompanyPre*****.C.$20,000
2020-08Manufacturers and Traders Trust CompanyPre*****.C.$130,000
2020-07First Savings BankEDG*****GUI$150,000

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

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