SBA Loans for Sewing in Pennsylvania: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in Pennsylvania. Based on historical SBA 7(a) lending data.
Total Approvals
8
in Pennsylvania
Median Loan Size
$177,500
per approval
Recent Activity
0
last 90 days through Aug 2021
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $177,500.
Key trends & insights
- Sewing in Pennsylvania lending is concentrated — THE Huntington National Bank, Customers Bank, 1ST Colonial Community Bank together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 4 approvals (50% market share) and a median loan of $180,600.
- Sewing in Pennsylvania loans skew smaller than the SBA average at $177,500 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 2021-08-20 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in Pennsylvania
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $180,600 | |
| 2 | 1 | $876,000 | |
| 3 | 1 | $255,000 | |
| 4 | 1 | $18,500 | |
| 5 | 1 | $100,000 |
Recent SBA 7(a) approvals for Sewing in Pennsylvania
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-02 | TD Bank, National Association | Ace*****LLC | PHILADELPHIA, PA | $30,000 |
| 2021-08 | The Huntington National Bank | Fis*****LLC | NEW BRIGHTON, PA | $2,813,800 |
| 2021-08 | The Huntington National Bank | Fis*****LLC | Fombell, PA | $350,000 |
| 2021-03 | Customers Bank | Sou*****LLC | Philadelphia, PA | $876,000 |
| 2021-03 | 1st Colonial Community Bank | HAG*****LLC | JEANNETTE, PA | $255,000 |
| 2021-01 | Newtek Small Business Finance, Inc. | VII*****LLC | PHILADELPHIA, PA | $18,500 |
| 2020-08 | Orrstown Bank | Whi*****LLC | York, PA | $100,000 |
| 2020-01 | The Huntington National Bank | Ove*****LLC | Pittsburgh, PA | $9,400 |
| 2020-01 | The Huntington National Bank | Ove*****LLC | Pittsburgh, PA | $11,200 |
| 2019-12 | Wells Fargo Bank National Association | RL *****LLC | LANCASTER, PA | $232,800 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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