Mid Penn Bank and the SBA loans it holds

The SBA file lists Mid Penn Bank against 483 loans approved in FY2017 to FY2026, and $267.7 million of gross dollars. Every one falls under 7(a), while the 504 side shows 0. Read the page as a statement of what SBA records and never as a statement of what the bank does or requires.

Restaurants in front, then veterinary clinics

332 loans have no asset class. Full-service restaurant has 53 of the classed loans, well above limited-service restaurant at 15 and veterinary clinic at 14. Automotive mechanical repair (car and truck) has 10, hotel and motel 9 and child care center 7. A veterinary study turns on caseload, staffing and equipment, while a restaurant study asks what sales a given seat count and location can reach against rent and labor. The restaurant lead is large enough to be a real feature of the file. It does not tell a borrower whether a given site will work, which is a question for the local market and the project budget.

A three-state list

Pennsylvania holds 324 loans, New Jersey 122 and New York 13. That is the whole state list. A project outside those three states will find no matching record here, and a New York borrower will find only a small one. Pennsylvania carries 324 of the 483 loans, so the record leans heavily on one state, and the 332 loans with no asset class mean most of the file cannot be matched to a business type at all.

Cancellation floor, charge-off floor

Cancellation reaches 11.1% for FY2017 to FY2024 approvals, a floor, with no ceiling printed under Loan Analytics' own rule. The cohort of 266 loans disbursed in FY2017 to FY2021 shows 2.6% charged off to date, also a floor. The five-year figure does not appear. None of these blanks is a zero, and loans keep seasoning, so those floors can still rise.

How a borrower can use the file

The record helps a borrower see whether a holder carries projects of a given type in a given state. A study then does the real work for the project: it tests demand, prices the cost, runs a coverage test with softer sales and supports the appraisal. That is the material on which any lender will decide. A holder that appears often in a state is still only one possible partner, and a thin record is not a barrier to a well-documented project.

SBA loans held by Mid Penn Bank

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	483
Gross dollars approved	$267.7 million
SBA 7(a) loans	483
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	11.1%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	2.6%
Charged off within five years of approval	withheld
Loans in that cohort	266

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	332
Full-service restaurant	53
Limited-service restaurant	15
Veterinary clinic	14
Automotive mechanical repair (car and truck)	10
Hotel and motel	9
Child care center	7
Beauty salon	7
Beverage manufacturing (breweries, wineries, distilleries)	6
Car wash	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Pennsylvania	324
New Jersey	122
New York	13

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-9889.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Mid Penn Bank or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Mid Penn Bank: SBA Lending Record