Skip to content
SearchSphereSource

Buying a Business in Maryland

What SBA acquisition lending actually looks like in Maryland, from loan-level government data.

FY2025 Acquisition Loans

108

$118.1M approved

Median Loan

$692,500

FY2020 through FY2025

Loans Since FY2020

468

$525.2M in total approvals

Share of U.S. Activity

1.3%

Of change-of-ownership loans

Most Active Acquisition Lenders in Maryland

  1. 1. Manufacturers and Traders Trust Company100 loans
  2. 2. Live Oak Banking Company50 loans
  3. 3. Hanmi Bank35 loans
  4. 4. Fulton Bank, National Association18 loans
  5. 5. Celtic Bank Corporation14 loans

A lender being active in Maryland does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.

What Gets Bought in Maryland

  • Limited-Service Restaurants24 loans
  • Beer, Wine, and Liquor Stores23 loans
  • General Automotive Repair21 loans
  • Full-Service Restaurants20 loans
  • Hotels (except Casino Hotels) and Motels13 loans

Industry-specific pricing and diligence live in the Industry Buy Guides.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Maryland project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.