SBA Loans for Remediation Services in Maryland: Top Lenders
NAICS 562NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 5 | $75,000 | |
| 2 | 4 | $150,000 | |
| 3 | 1 | $50,000 | |
| 4 | 1 | $350,000 | |
| 5 | 1 | $150,000 | |
| 6 | 1 | $240,000 |
Recent SBA 7(a) approvals for Remediation Services in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | United Midwest Savings Bank National Association | JNC*****LIS | Odenton, MD | $150,000 |
| 2024-02 | United Midwest Savings Bank National Association | Sav*****LLC | Phoenix, MD | $150,000 |
| 2024-02 | Hebron Savings Bank | Elz*****LLC | SALISBURY, MD | $240,000 |
| 2023-10 | Readycap Lending, LLC | AGA*****LLC | PERRY HALL, MD | $50,000 |
| 2023-07 | United Midwest Savings Bank National Association | Tac*****LLC | Havre de Grace, MD | $150,000 |
| 2023-01 | Manufacturers and Traders Trust Company | KOR*****LLC | WOODBINE, MD | $75,000 |
| 2022-04 | Manufacturers and Traders Trust Company | 4BR*****LLC | HAGERSTOWN, MD | $50,000 |
| 2021-08 | Ameris Bank | Her*****Inc | GRASONVILLE, MD | $350,000 |
| 2021-08 | Manufacturers and Traders Trust Company | CAP*****LLC | ODENTON, MD | $120,000 |
| 2021-03 | United Midwest Savings Bank National Association | G &*****LLC | COLUMBIA, MD | $150,000 |
| 2020-08 | Manufacturers and Traders Trust Company | Pre*****.C. | Mount Airy, MD | $20,000 |
| 2020-08 | Manufacturers and Traders Trust Company | Pre*****.C. | Mount Airy, MD | $130,000 |
| 2020-07 | First Savings Bank | EDG*****GUI | MOUNT AIRY, MD | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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