SBA Loans for Medicinal and Botanical Manufacturing in Maryland: Top Lenders
NAICS 325NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $75,000 | |
| 2 | 1 | $100,000 |
Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-12 | Meridian Bank | MOS*****LLC | JESSUP, MD | $610,000 |
| 2023-12 | Meridian Bank | MOS*****LLC | JESSUP, MD | $50,000 |
| 2023-11 | PNC Bank, National Association | Sun*****LLC | FREDERICK, MD | $75,000 |
| 2022-04 | Fulton Bank, National Association | Int*****LLC | Rockville, MD | $1,500,000 |
| 2022-03 | TD Bank, National Association | Ult*****LLC | BURTONSVILLE, MD | $25,000 |
| 2021-05 | Manufacturers and Traders Trust Company | PYR*****178 | Baltimore, MD | $100,000 |
| 2019-12 | JPMorgan Chase Bank, National Association | Cla*****LLC | BOWIE, MD | $20,200 |
| 2019-11 | Manufacturers and Traders Trust Company | Vic*****LLC | Elkridge, MD | $280,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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