SHANE PIERSON · SBA DATA
SBA by City · Baltimore, MD

SBA Lending in Baltimore, Maryland

Businesses in Baltimore, MD have drawn 3,036 SBA 7(a) loans worth $741M, and annual volume has fallen 13% versus the prior decade.

3,036
7(a) loans
$741M
Approved dollars
$244,116
Average loan size
#1
Rank in Maryland
-13%
Annualized vs prior decade
10.3%
Active-loan distress

Baltimore is the #1 SBA 7(a) market in Maryland and #45 in the country. Since 1991 lenders have approved 3,036 loans here worth $741M, averaging $244,116 each. Annual approval volume has fallen 13% between FY2013-2019 and FY2020-2026. 10.3% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.