SBA Loans for Homes for the Elderly in Maryland: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in Maryland. Based on historical SBA 7(a) lending data.
Total Approvals
11
in Maryland
Median Loan Size
$243,000
per approval
Recent Activity
0
last 90 days through Apr 2025
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 11 approvals on record and a median loan size of $243,000.
Key trends & insights
- Homes for the Elderly in Maryland lending is concentrated — Northeast Bank, Manufacturers AND Traders Trust Company, Woori America Bank together account for 55% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Northeast Bank leads this industry with 3 approvals (27% market share) and a median loan of $243,000.
- SBA data for this industry goes through 2025-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Homes for the Elderly in Maryland
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $243,000 | |
| 2 | 2 | $67,500 | |
| 3 | 1 | $3,200,000 | |
| 4 | 1 | $25,000 | |
| 5 | 1 | $1,749,200 | |
| 6 | 1 | $875,000 | |
| 7 | 1 | $10,000 | |
| 8 | 1 | $500,000 |
Recent SBA 7(a) approvals for Homes for the Elderly in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Manufacturers and Traders Trust Company | Sey*****LLC | ELKTON, MD | $70,000 |
| 2025-11 | Harvest Small Business Finance, LLC | Ama*****LLC | SPARKS GLENCOE, MD | $380,500 |
| 2025-11 | Firstrust Savings Bank | DE***LLC | ELKTON, MD | $639,000 |
| 2025-11 | Firstrust Savings Bank | DE***LLC | PERRYVILLE, MD | $488,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Azi*****Inc | PARKVILLE, MD | $95,000 |
| 2025-04 | Northeast Bank | Sha*****Inc | LAUREL, MD | $243,000 |
| 2025-04 | Northeast Bank | Sha*****Inc | LAUREL, MD | $243,000 |
| 2025-03 | Manufacturers and Traders Trust Company | COM*****LLC | BALTIMORE, MD | $25,000 |
| 2025-03 | Manufacturers and Traders Trust Company | MMW*****LLC | DUNDALK, MD | $25,000 |
| 2025-03 | Newtek Bank, National Association | PRP*****LLC | Dundalk, MD | $300,000 |
| 2025-01 | Manufacturers and Traders Trust Company | KH *****LLC | BALTIMORE, MD | $40,000 |
| 2025-01 | Community Bank & Trust-West Georgia | SFF*****LLC | FULTON, MD | $683,000 |
| 2024-11 | Northeast Bank | APO*****LLC | N Potomac, MD | $385,000 |
| 2024-08 | Woori America Bank | ARI*****LTD | COLUMBIA, MD | $3,200,000 |
| 2024-08 | Harvest Small Business Finance, LLC | Sil*****nc. | SILVER SPRING, MD | $582,000 |
| 2024-07 | Manufacturers and Traders Trust Company | JUL*****LLC | BALTIMORE, MD | $70,000 |
| 2024-07 | Wells Fargo Bank National Association | Ang*****LLC | West Friendship, MD | $2,573,600 |
| 2024-06 | TD Bank, National Association | Ama*****LLC | MIDDLE RIVER, MD | $25,000 |
| 2024-05 | Woori America Bank | ARI*****LTD | COLUMBIA, MD | $3,200,000 |
| 2023-11 | Manufacturers and Traders Trust Company | MER*****LLC | UPPER MARLBORO, MD | $50,000 |
| 2023-10 | Manufacturers and Traders Trust Company | On *****LLC | Landover, MD | $100,000 |
| 2023-09 | Bank Five Nine | Gra*****LLC | Joppa, MD | $3,327,000 |
| 2023-08 | Bank Five Nine | JIL*****LLC | BETHESDA, MD | $1,520,000 |
| 2023-08 | First-Citizens Bank & Trust Company | Bri*****LLC | ROCK HALL, MD | $1,749,200 |
| 2023-08 | Readycap Lending, LLC | VAN*****LLC | SEVERNA PARK, MD | $1,568,000 |
| 2023-07 | Manufacturers and Traders Trust Company | Der*****.C. | WHITE PLAINS, MD | $20,000 |
| 2023-07 | Manufacturers and Traders Trust Company | Der*****.C. | WHITE PLAINS, MD | $35,000 |
| 2023-06 | Manufacturers and Traders Trust Company | A H*****LLC | EDGEWOOD, MD | $10,000 |
| 2023-06 | Wells Fargo Bank National Association | WIT*****ARE | BALTIMORE, MD | $10,000 |
| 2023-06 | Bank Five Nine | Gra*****LLC | JOPPA, MD | $3,327,000 |
| 2023-02 | Fulton Bank, National Association | E Q*****LLC | Fallston, MD | $1,259,000 |
| 2022-03 | Newtek Small Business Finance, Inc. | The*****ion | BALTIMORE, MD | $500,000 |
| 2022-02 | Manufacturers and Traders Trust Company | Gat*****LLC | GLEN BURNIE, MD | $100,000 |
| 2021-09 | EagleBank | The*****ome | Ellicott City, MD | $504,000 |
| 2021-09 | Readycap Lending, LLC | Syc*****res | Rockville, MD | $1,125,500 |
| 2021-04 | Manufacturers and Traders Trust Company | Exc*****Inc | COLUMBIA, MD | $50,000 |
| 2021-04 | Manufacturers and Traders Trust Company | Exc*****Inc | COLUMBIA, MD | $50,000 |
| 2021-03 | Wells Fargo Bank National Association | UTO*****ING | BALTIMORE, MD | $10,000 |
| 2021-03 | Manufacturers and Traders Trust Company | AJU*****CES | Towson, MD | $35,000 |
| 2021-03 | Newtek Small Business Finance, Inc. | Kri*****LLC | REISTERSTOWN, MD | $2,880,000 |
| 2020-12 | Meridian Bank | Ang*****nc. | WEST FRIENDSHIP, MD | $2,550,000 |
| 2020-02 | Wells Fargo Bank National Association | KBS*****LLC | ROCKVILLE, MD | $3,279,800 |
| 2020-02 | Shoreham Bank | Hea*****LLC | Parkville, MD | $875,000 |
| 2020-01 | Wells Fargo Bank National Association | BES*****ARE | BALTIMORE, MD | $5,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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