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SBA Loans in Somerset, PA

Explore recent SBA 7(a) and 504 lending activity in Somerset. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
123
all programs
Approved $
$64.1M
last 24 months
Avg loan
$521K
median $245K
Active lenders
23
approved here
Jobs supported
1,126
cumulative

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SOMERSET · 123 LOANS

Top lenders in Somerset

First Commonwealth Bank
24
PNC Bank, National Association
21
Somerset Trust Company
21
Citizens Bank, National Association
13
First National Bank of Pennsylvania
10
AmeriServ Financial Bank
4

Top industries in Somerset

Full-Service Restaurants
8
Hotels (except Casino Hotels) and Motels
7
Residential Remodelers
6
Electrical Contractors
5
General Automotive Repair
4
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Loan records · Somerset, PA
123 records
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HANU Somerset LLC
Somerset, PA · 15501
$5,000,000
7(a)
GBank$263K/job · 2024-06-20
The Berkebile Oil Company, Inc.
Somerset, PA · 15501
$5,000,000
7(a)
Somerset Trust Company$96K/job · 2012-12-13
Eric Martin Dentistry, P.C.
Somerset, PA · 15501
$4,700,000
7(a)
Live Oak Banking Company$188K/job · 2026-01-13
Cottage Real Estate, LLC.
Somerset, PA · 15501
$4,311,000
504
Regional Development Funding Corporation$62K/job · 2014-12-31
Ponfeigh Distillery LLC
Somerset, PA · 15501
$4,042,000
7(a)
First Commonwealth Bank$289K/job · 2021-08-24
Bulfinch Hospitality Group LLC
Somerset, PA · 15501
$2,664,200
7(a)
Mid Penn Bank$102K/job · 2021-06-29
MOROCCO ELECTRIC, INC.
Somerset, PA · 15501
$2,171,400
7(a)
The Huntington National Bank$145K/job · 2016-01-14
VIKATA LLC
Somerset, PA · 15501
$2,051,000
7(a)
GBank$342K/job · 2025-12-11
58 East Merrick Road Associates, LLC
Somerset, PA · 15501
$2,000,000
7(a)
Live Oak Banking Company$1.0M/job · 2023-11-07
H K Realty, LLC
Somerset, PA · 15501
$1,815,000
504
Altoona-Blair County Development Corporation$121K/job · 2009-09-09
SOMERSET FUEL
Somerset, PA · 15501
$1,800,000
7(a)
Business Loan Center, LLC$180K/job · 2005-09-08
Navan Fuel Corp.
Somerset, PA · 15501
$1,665,000
7(a)
Unity Bank$1.7M/job · 2008-07-10
Double J Industries, LLC
Somerset, PA · 15501
$1,315,000
7(a)
Somerset Trust Company$1.3M/job · 2013-04-30
Davis Animal Health, LLC (EPC) and Laurel Highlands Animal Health, LLC (OC)
Somerset, PA · 15501
$1,175,000
7(a)
Live Oak Banking Company$147K/job · 2011-09-26
LAUREL MOUNTAIN SKI COMPANY
Somerset, PA · 15501
$1,000,000
7(a)
Somerset Trust Company1999-07-01
Glades Pike Real Estate LLC
Somerset, PA · 15501
$917,700
7(a)
The Huntington National Bank$184K/job · 2016-12-07
BETHEL CABLE TV
Somerset, PA · 15501
$900,000
7(a)
One Valley Bank, Inc1997-09-09
Critchfield Construction, Inc.
Somerset, PA · 15501
$886,900
7(a)
First Commonwealth Bank$35K/job · 2022-03-02
Critchfield Construction, Inc.
Somerset, PA · 15501
$863,000
7(a)
First Commonwealth Bank$35K/job · 2022-01-28
Coal and Environmental Services Inc
Somerset, PA · 15501
$854,000
504
SEDA-COG Local Development Corporation$12K/job · 2008-07-16
Relentless Liberty LLC
Somerset, PA · 15501
$817,200
7(a)
First Commonwealth Bank$45K/job · 2025-01-21
PENNCO INTERNATIONAL, INC.
Somerset, PA · 15501
$800,000
7(a)
Santander Bank, National Association2005-12-21
PIT STOP BEVERAGE INC.
Somerset, PA · 15501
$606,000
7(a)
PNC Bank, National Association$76K/job · 2006-05-19
VAN BREMEN'S REFRIGERATION AND
Somerset, PA · 15501
$592,000
7(a)
PNC Bank, National Association$37K/job · 2002-06-05
J.E. HERRING MOTOR COMPANY
Somerset, PA · 15501
$575,000
7(a)
PNC Bank, National Association1994-12-13
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