SBA Loans for Electric Power Distribution in Maryland: Top Lenders
NAICS 221NAICS 221 covers electric power distribution businesses in Maryland. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Maryland
Median Loan Size
$50,000
per approval
Recent Activity
0
last 90 days through Jul 2024
NAICS 221 covers electric power distribution businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $50,000.
Key trends & insights
- Electric Power Distribution 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 2024-07-01 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electric Power Distribution in Maryland
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $50,000 |
Recent SBA 7(a) approvals for Electric Power Distribution in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Brookline Bank, a Division of Beacon Bank and Trust | Nat*****orp | WOODBINE, MD | $1,441,000 |
| 2025-01 | Northeast Bank | RIS*****LLC | NOTTINGHAM, MD | $200,000 |
| 2024-11 | Manufacturers and Traders Trust Company | We *****nc. | CHEVY CHASE, MD | $20,000 |
| 2024-07 | Readycap Lending, LLC | DAP*****LLC | BURTONSVILLE, MD | $50,000 |
| 2021-10 | Fulton Bank, National Association | Gre*****Inc | Hagerstown, MD | $30,000 |
| 2021-03 | Wells Fargo Bank National Association | ELE*****LLC | WELCOME, MD | $5,000 |
| 2020-12 | Byline Bank | TFE*****td. | OWINGS MILLS, MD | $2,590,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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