This story originally appeared on Flippa and was produced and distributed in partnership with Stacker Studio.
Counties receiving the most SBA loans in Pennsylvania
The Small Business Administration backed loans worth $27.5 billion through its primary lending program in 2023—rising well above pre-COVID-19 pandemic levels as government officials aim to stabilize the economy.
Many small businesses get their start and scale up with SBA loans, which increased lending to Black, Latino, and women entrepreneurs in the past few years in step with efforts to become more equitable.
Flippa found the county in Pennsylvania where applicants were approved for the most SBA loan funds per capita in fiscal year 2023, which ended in September. The analysis was based on the SBA's most common loan program, known as 7(a) loans. SBA's 7(a) program provides extra security to lenders when they loan money to small businesses that might otherwise be considered too risky to grant. Loans can be for up to $5 million, but in 2023, nearly 7 in 10 loans were for amounts of $350,000 or less. Small businesses can use these funds for real estate acquisitions or improvements, working capital, supplies and equipment, and for other business startup or acquisition purposes.
Barriers do still exist for eligibility, including income, credit history, and location, but SBA loans can be fruitful for founders who don't qualify for conventional business financing. They can also provide protection against high and volatile interest rates, as SBA-backed loans have maximum interest rates that are predictable and often lower than other loans.
In a national analysis of the #1 ranked counties in every state, all but two counties had populations of less than 500,000—most smaller than 100,000. That's not surprising, as the Census Bureau classifies about 99% of U.S. counties as small. Still, it signifies that these smaller communities are building successful entrepreneurial environments. In most cases, their small businesses are able to succeed beyond those within the major U.S. population centers—at least in terms of success in gaining SBA funding.
Read on to see whether your county ranks among those receiving the most SBA loans.
#50. Susquehanna County
- SBA approved about $17.59 per resident in 7(a) loans in 2023.
- Total approved funds: $684,000
- Number of loans: 3
#49. Lycoming County
- SBA approved about $20.53 per resident in 7(a) loans in 2023.
- Total approved funds: $2.3 million
- Number of loans: 11
#48. Adams County
- SBA approved about $21.41 per resident in 7(a) loans in 2023.
- Total approved funds: $2.2 million
- Number of loans: 13
#47. Clinton County
- SBA approved about $24.55 per resident in 7(a) loans in 2023.
- Total approved funds: $928,400
- Number of loans: 7
#46. Greene County
- SBA approved about $24.69 per resident in 7(a) loans in 2023.
- Total approved funds: $895,000
- Number of loans: 2
#45. Centre County
- SBA approved about $27.38 per resident in 7(a) loans in 2023.
- Total approved funds: $4.3 million
- Number of loans: 15
#44. Bradford County
- SBA approved about $27.50 per resident in 7(a) loans in 2023.
- Total approved funds: $1.7 million
- Number of loans: 7
#43. Somerset County
- SBA approved about $27.66 per resident in 7(a) loans in 2023.
- Total approved funds: $2.1 million
- Number of loans: 3
#42. Mercer County
- SBA approved about $29.53 per resident in 7(a) loans in 2023.
- Total approved funds: $3.3 million
- Number of loans: 15
#41. Perry County
- SBA approved about $32.85 per resident in 7(a) loans in 2023.
- Total approved funds: $1.5 million
- Number of loans: 5
#40. Union County
- SBA approved about $32.92 per resident in 7(a) loans in 2023.
- Total approved funds: $1.4 million
- Number of loans: 5
#39. Luzerne County
- SBA approved about $34.32 per resident in 7(a) loans in 2023.
- Total approved funds: $11.1 million
- Number of loans: 29
#38. Schuylkill County
- SBA approved about $34.49 per resident in 7(a) loans in 2023.
- Total approved funds: $4.9 million
- Number of loans: 15
#37. Carbon County
- SBA approved about $35.60 per resident in 7(a) loans in 2023.
- Total approved funds: $2.3 million
- Number of loans: 9
#36. Fayette County
- SBA approved about $37.26 per resident in 7(a) loans in 2023.
- Total approved funds: $4.8 million
- Number of loans: 17
#35. Venango County
- SBA approved about $38.67 per resident in 7(a) loans in 2023.
- Total approved funds: $2.0 million
- Number of loans: 7
#34. Philadelphia County
- SBA approved about $39.72 per resident in 7(a) loans in 2023.
- Total approved funds: $63.4 million
- Number of loans: 244
#33. Clearfield County
- SBA approved about $40.24 per resident in 7(a) loans in 2023.
- Total approved funds: $3.2 million
- Number of loans: 11
#32. Erie County
- SBA approved about $41.30 per resident in 7(a) loans in 2023.
- Total approved funds: $11.2 million
- Number of loans: 46
#31. Lackawanna County
- SBA approved about $44.18 per resident in 7(a) loans in 2023.
- Total approved funds: $9.5 million
- Number of loans: 43
#30. York County
- SBA approved about $44.23 per resident in 7(a) loans in 2023.
- Total approved funds: $20.1 million
- Number of loans: 70
#29. Lawrence County
- SBA approved about $46.14 per resident in 7(a) loans in 2023.
- Total approved funds: $4.0 million
- Number of loans: 26
#28. Cumberland County
- SBA approved about $46.53 per resident in 7(a) loans in 2023.
- Total approved funds: $12.0 million
- Number of loans: 32
#27. Wyoming County
- SBA approved about $49.94 per resident in 7(a) loans in 2023.
- Total approved funds: $1.3 million
- Number of loans: 7
#26. Lancaster County
- SBA approved about $50.47 per resident in 7(a) loans in 2023.
- Total approved funds: $27.8 million
- Number of loans: 52
#25. Beaver County
- SBA approved about $50.60 per resident in 7(a) loans in 2023.
- Total approved funds: $8.5 million
- Number of loans: 43
#24. Lehigh County
- SBA approved about $52.70 per resident in 7(a) loans in 2023.
- Total approved funds: $19.6 million
- Number of loans: 43
#23. Berks County
- SBA approved about $53.98 per resident in 7(a) loans in 2023.
- Total approved funds: $23.0 million
- Number of loans: 50
#22. Allegheny County
- SBA approved about $56.29 per resident in 7(a) loans in 2023.
- Total approved funds: $70.1 million
- Number of loans: 247
#21. Lebanon County
- SBA approved about $56.91 per resident in 7(a) loans in 2023.
- Total approved funds: $8.1 million
- Number of loans: 13
#20. Northumberland County
- SBA approved about $62.50 per resident in 7(a) loans in 2023.
- Total approved funds: $5.7 million
- Number of loans: 7
#19. Washington County
- SBA approved about $67.95 per resident in 7(a) loans in 2023.
- Total approved funds: $14.2 million
- Number of loans: 54
#18. Clarion County
- SBA approved about $69.32 per resident in 7(a) loans in 2023.
- Total approved funds: $2.6 million
- Number of loans: 5
#17. Westmoreland County
- SBA approved about $69.72 per resident in 7(a) loans in 2023.
- Total approved funds: $24.8 million
- Number of loans: 46
#16. Mifflin County
- SBA approved about $72.04 per resident in 7(a) loans in 2023.
- Total approved funds: $3.3 million
- Number of loans: 4
#15. Blair County
- SBA approved about $73.58 per resident in 7(a) loans in 2023.
- Total approved funds: $9.1 million
- Number of loans: 15
#14. Snyder County
- SBA approved about $75.86 per resident in 7(a) loans in 2023.
- Total approved funds: $3.0 million
- Number of loans: 2
#13. Bucks County
- SBA approved about $79.15 per resident in 7(a) loans in 2023.
- Total approved funds: $51.0 million
- Number of loans: 142
#12. Northampton County
- SBA approved about $84.55 per resident in 7(a) loans in 2023.
- Total approved funds: $26.3 million
- Number of loans: 48
#11. Delaware County
- SBA approved about $86.95 per resident in 7(a) loans in 2023.
- Total approved funds: $49.9 million
- Number of loans: 116
#10. Chester County
- SBA approved about $89.73 per resident in 7(a) loans in 2023.
- Total approved funds: $47.7 million
- Number of loans: 98
#9. Columbia County
- SBA approved about $90.37 per resident in 7(a) loans in 2023.
- Total approved funds: $5.9 million
- Number of loans: 4
#8. Butler County
- SBA approved about $95.64 per resident in 7(a) loans in 2023.
- Total approved funds: $18.4 million
- Number of loans: 58
#7. Tioga County
- SBA approved about $103.33 per resident in 7(a) loans in 2023.
- Total approved funds: $4.2 million
- Number of loans: 8
#6. Indiana County
- SBA approved about $106.15 per resident in 7(a) loans in 2023.
- Total approved funds: $8.9 million
- Number of loans: 11
#5. Dauphin County
- SBA approved about $116.02 per resident in 7(a) loans in 2023.
- Total approved funds: $33.0 million
- Number of loans: 30
#4. Montgomery County
- SBA approved about $126.82 per resident in 7(a) loans in 2023.
- Total approved funds: $107.9 million
- Number of loans: 226
#3. Sullivan County
- SBA approved about $151.64 per resident in 7(a) loans in 2023.
- Total approved funds: $900,000
- Number of loans: 1
#2. Wayne County
- SBA approved about $151.67 per resident in 7(a) loans in 2023.
- Total approved funds: $7.8 million
- Number of loans: 10
#1. Jefferson County
- SBA approved about $153.00 per resident in 7(a) loans in 2023.
- Total approved funds: $6.8 million
- Number of loans: 8
This story features data reporting and writing by Paxtyn Merten and is part of a series utilizing data automation across 50 states.
