SBA Loans for Remediation Services in Delaware: Top Lenders

NAICS 562

NAICS 562 covers remediation services businesses in Delaware. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Delaware

Median Loan Size

$125,000

per approval

Recent Activity

0

last 90 days through May 2023

NAICS 562 covers remediation services businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $125,000.

Key trends & insights

  • Remediation Services in Delaware lending is concentrated — THE Huntington National Bank, Manufacturers AND Traders Trust Company, Wilmington Savings Fund Society FSB together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 2 approvals (50% market share) and a median loan of $125,050.
  • Remediation Services in Delaware loans skew smaller than the SBA average at $125,000 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 2023-05-26 — 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 Delaware

#LenderApprovalsMedian Size
12$125,050
21$100,000
31$150,000

Recent SBA 7(a) approvals for Remediation Services in Delaware

MonthLenderBorrowerAmount
2023-05Manufacturers and Traders Trust CompanySet*****ted$100,000
2022-08The Huntington National BankCK2****LLC$25,000
2022-08The Huntington National BankCK2****LLC$225,100
2020-02Wilmington Savings Fund Society FSBSpa*****LLC$150,000

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

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