STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
GOOD
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
910
2011–2026
Total Volume
$832M
Gross loan amounts
States Active
33
With recorded loans
Programs
7(a) & 504
910 total segments
This lender is almost exclusively 7(a), with only 30 deals (3% of total) going through the 504 program. If you specifically need 504 financing for real estate or equipment, look for lenders with a stronger 504 track record.
With an average 7(a) spread of P+2.14%, Meridian Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
The majority of Meridian Bank's deals are for startups (48%) and existing businesses (42%), indicating they are well-positioned to support new ventures and established companies alike. If you're a startup, this lender may be a good fit.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 30 504 loans, which use fixed SBA debenture rates.
Top 15 of 33 states where Meridian Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
Other Health Practitioners
Health Care & Social Assistance
Building Construction
Construction
Management & IT Consulting
Professional Services
+ 7 more
All recorded SBA lending activity for Meridian Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Pennsylvania · Specialty Trade Contractors · $150K – $350K | 7(a) | 13 | P+2.25% | $267K | Q1 2025 |
| Pennsylvania · Manufacturing · Under $150K | 7(a) | 13 | P+2.00% | $96K | Q2 2025 |
| Pennsylvania · Specialty Trade Contractors · Under $150K | 7(a) | 13 | P+2.50% | $83K | Q3 2025 |
| Pennsylvania · Manufacturing · $1M – $2M | 7(a) | 11 | P+2.00% | $1.5M | Q2 2025 |
| Pennsylvania · Manufacturing · $150K – $350K | 7(a) | 10 | P+2.25% | $287K | Q1 2025 |
| Pennsylvania · Restaurants & Food Service · $500K – $1M | 7(a) | 10 | P+2.00% | $756K | Q3 2025 |
| Pennsylvania · Administrative & Waste Services · $150K – $350K | 7(a) | 10 | P+2.63% | $245K | Q4 2023 |
| New Jersey · Specialty Trade Contractors · $150K – $350K | 7(a) | 10 | P+2.50% | $265K | Q3 2025 |
| Pennsylvania · Administrative & Waste Services · $1M – $2M | 7(a) | 10 | P+1.50% | $1.4M | Q2 2025 |
| New Jersey · Manufacturing · $2M – $5M | 7(a) | 9 | P+1.75% | $3.2M | Q4 2023 |
| New Jersey · Specialty Trade Contractors · $1M – $2M | 7(a) | 9 | P+2.00% | $1.4M | Q1 2025 |
| New Jersey · Manufacturing · Under $150K | 7(a) | 9 | P+2.75% | $117K | Q3 2025 |
| Pennsylvania · Manufacturing · $2M – $5M | 7(a) | 8 | P+1.38% | $2.9M | Q3 2023 |
| Pennsylvania · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+2.25% | $81K | Q1 2023 |
| Pennsylvania · Restaurants & Food Service · $350K – $500K | 7(a) | 8 | P+2.25% | $442K | Q4 2025 |
| Pennsylvania · Other Health Practitioners · $150K – $350K | 7(a) | 8 | P+2.25% | $264K | Q3 2024 |
| Pennsylvania · Restaurants & Food Service · $150K – $350K | 7(a) | 7 | P+2.50% | $286K | Q1 2025 |
| Pennsylvania · Manufacturing · $500K – $1M | 7(a) | 7 | P+1.75% | $777K | Q1 2025 |
| Pennsylvania · Specialty Trade Contractors · $350K – $500K | 7(a) | 7 | P+2.25% | $458K | Q1 2024 |
| Pennsylvania · Administrative & Waste Services · Under $150K | 7(a) | 7 | P+2.50% | $93K | Q2 2025 |
| Pennsylvania · Other Health Practitioners · Under $150K | 7(a) | 7 | P+2.50% | $82K | Q3 2025 |
| Pennsylvania · Specialty Trade Contractors · $1M – $2M | 7(a) | 6 | P+1.88% | $1.7M | Q3 2025 |
| Pennsylvania · Management & IT Consulting · $500K – $1M | 7(a) | 6 | P+2.00% | $807K | Q4 2025 |
| New Jersey · Manufacturing · $1M – $2M | 7(a) | 6 | P+1.63% | $1.3M | Q3 2025 |
| New Jersey · Manufacturing · $150K – $350K | 7(a) | 6 | P+2.38% | $299K | Q2 2025 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Meridian Bank.
No reviews yet. Be the first to review Meridian Bank.