Access the Top SBA Lending for Maryland Small Business
The state of Maryland known for its economy and close proximity, to cities provides a conducive environment for the success of small businesses. Entrepreneurs in Maryland have a range of opportunities to grow and thrive, from the streets of Baltimore to the shores of the Chesapeake Bay. By utilizing notch SBA lending programs small businesses, in Maryland can access financial resources to drive their innovation and expansion efforts.
Maryland
The Old Line State
639,789 small businesses
1,200,000 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Maryland
Between March 2021 and March 2022, 20,284 Maryland establishments opened and 15,376 closed, for a net increase of 4,908. Employment expanded at 39,458 establishments and contracted at 30,361. Small businesses accounted for 18,588 openings and 14,160 closings.
Establishments in Maryland
Employment in Maryland
Between March 2021 and March 2022, 20,284 Maryland establishments opened and 15,376 closed, for a net increase of 4,908. Employment expanded at 39,458 establishments and contracted at 30,361. Small businesses accounted for 18,588 openings and 14,160 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Maryland
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $1.9 billion in loans to Maryland businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $2.3 billion. Total reported new lending to businesses through loans of $1 million or less was $6.3 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Maryland's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Maryland
Business Count by Demographic in Maryland
Total Maryland Employement by Business Size
Small Business Employment and Payroll by Industry in Maryland
Source: Business Employment Dynamics (BLS)