Meridian Bank
Headquartered in MALVERN, PA. Analysis based on 802 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $741.5M.
Risk ranking: Among 65 lenders with 500+ mature SBA 7(a) loans (FY2020–FY2023),
Meridian Bank ranks #25 by charge-off rate (0.92%).
Total 7(a) loans
802
Total approved
$741.5M
Average loan
$925K
States funded in
33
Charge-off rate
0.92%
FY2020–FY2023 cohort
Paid-in-full rate
21.59%
Average rate
7.86%
Average term
149 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722513 | Limited-Service Restaurants | 65 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 38 |
| 561730 | Landscaping Services | 24 |
| 236118 | Residential Remodelers | 23 |
| 722511 | Full-Service Restaurants | 21 |
| 713940 | Fitness and Recreational Sports Centers | 19 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 19 |
| 811111 | General Automotive Repair | 17 |
| 624410 | Child Day Care Services | 16 |
| 812990 | All Other Personal Services | 15 |
Top 10 states
| State | Loans |
|---|---|
| PA | 367 |
| NJ | 186 |
| FL | 44 |
| MD | 26 |
| NC | 21 |
| TX | 21 |
| CA | 20 |
| DE | 14 |
| NY | 12 |
| VA | 10 |
Top franchise brands financed
157 franchise loans across 70 distinct brands.
| Franchise | Loans |
|---|---|
| Scooter's Coffee | 13 |
| Servpro | 8 |
| Restore Hyper Wellness | 8 |
| Jersey Mike's | 7 |
| YogaSix | 7 |
| Tropical Smoothie Cafe | 6 |
| Little Caesars | 5 |
| Ellie Mental Health | 4 |
| Dunkin' Donuts | 4 |
| Mountain Mike's Pizza | 3 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.