SBA Loans for Medicinal and Botanical Manufacturing in Maryland: Top Lenders

NAICS 325

NAICS 325 covers medicinal and botanical manufacturing businesses in Maryland. Based on historical SBA 7(a) lending data.

Total Approvals

2

in Maryland

Median Loan Size

$87,500

per approval

Recent Activity

0

last 90 days through Nov 2023

NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $87,500.

Key trends & insights

  • Medicinal and Botanical Manufacturing in Maryland loans skew smaller than the SBA average at $87,500 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 2023-11-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Medicinal and Botanical Manufacturing in Maryland

#LenderApprovalsMedian Size
11$75,000
21$100,000

Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in Maryland

MonthLenderBorrowerAmount
2023-11PNC Bank, National AssociationSun*****LLC$75,000
2022-04Fulton Bank, National AssociationInt*****LLC$1,500,000
2021-05Manufacturers and Traders Trust CompanyPYR*****178$100,000

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

Save your lender shortlist & build your packet

Answer 2 more questions to refine your ranking and export a lender-ready packet.

Save & export my packet