M&T Bank Ranks No. 10 Among SBA Lenders
M&T Bank (NYSE:MTB) has ranked as the 10th-largest SBA lender in the United States for the 16th consecutive year. In fiscal year 2024, the bank approved 1,832 SBA 7(a) loans totaling $207.8 million, with an average loan size of $113,432. M&T Bank maintained its position as the leading small-business lender in several markets within its 12-state footprint, including Baltimore, Buffalo/Rochester, Connecticut, Delaware, Syracuse, and Washington, D.C.
The bank experienced significant growth in New England markets, with SBA loan values increasing by 58% in the region. M&T Bank also ranked 6th nationally as a third-party lender for SBA 504 program loans, approving 66 loans worth $57.96 million. The bank's commitment to supporting small businesses was evident through success stories from clients like Brick Auto Body in New Jersey and Alliance Commodity /Northern Food Service Inc. in Massachusetts.
M&T Bank (NYSE:MTB) si è classificata come il 10° più grande prestatore SBA negli Stati Uniti per il 16° anno consecutivo. Nell'anno fiscale 2024, la banca ha approvato 1.832 prestiti SBA 7(a) per un totale di 207,8 milioni di dollari, con una dimensione media del prestito di 113.432 dollari. M&T Bank ha mantenuto la sua posizione come principale prestatore per le piccole imprese in diversi mercati all'interno della sua footprint di 12 stati, inclusi Baltimore, Buffalo/Rochester, Connecticut, Delaware, Syracuse e Washington, D.C.
La banca ha registrato una crescita significativa nei mercati del New England, con valori dei prestiti SBA che sono aumentati del 58% nella regione. M&T Bank si è anche classificata al 6° posto a livello nazionale come prestatore di terze parti per i prestiti del programma SBA 504, approvando 66 prestiti per un valore di 57,96 milioni di dollari. L'impegno della banca a sostenere le piccole imprese è stato evidente attraverso le storie di successo di clienti come Brick Auto Body nel New Jersey e Alliance Commodity / Northern Food Service Inc. nel Massachusetts.
M&T Bank (NYSE:MTB) se ha clasificado como el décimo prestamista SBA más grande en los Estados Unidos durante el 16° año consecutivo. En el año fiscal 2024, el banco aprobó 1.832 préstamos SBA 7(a) por un total de 207,8 millones de dólares, con un tamaño de préstamo promedio de 113.432 dólares. M&T Bank mantuvo su posición como principal prestamista de pequeñas empresas en varios mercados dentro de su área de 12 estados, incluyendo Baltimore, Buffalo/Rochester, Connecticut, Delaware, Syracuse y Washington, D.C.
El banco experimentó un crecimiento significativo en los mercados de Nueva Inglaterra, con un aumento del 58% en los valores de préstamos SBA en la región. M&T Bank también se clasificó 6º a nivel nacional como prestamista de terceros para préstamos del programa SBA 504, aprobando 66 préstamos por un valor de 57,96 millones de dólares. El compromiso del banco para apoyar a las pequeñas empresas fue evidente a través de historias de éxito de clientes como Brick Auto Body en Nueva Jersey y Alliance Commodity / Northern Food Service Inc. en Massachusetts.
M&T Bank (NYSE:MTB)는 미국에서 16년 연속으로 SBA 대출자 10위에 올랐습니다. 2024 회계 연도 동안, 은행은 1,832개의 SBA 7(a) 대출을 승인하여 총 2억 7백80만 달러에 달했으며, 평균 대출 금액은 113,432달러입니다. M&T Bank는 볼티모어, 버팔로/로체스터, 코네티컷, 델라웨어, 시러큐스 및 워싱턴 D.C.를 포함한 12개 주의 여러 시장에서 소기업 대출자로서의 입지를 유지했습니다.
이 은행은 뉴잉글랜드 시장에서 큰 성장을 경험했으며, 해당 지역에서 SBA 대출의 가치가 58% 증가했습니다. M&T Bank는 SBA 504 프로그램 대출을 위한 제3자 대출자로서 전국 6위에 올랐으며, 5,796만 달러 상당의 66개의 대출을 승인했습니다. 은행이 소기업 지원에 대한 의지를 보인 예로는 뉴저지의 Brick Auto Body와 매사추세츠의 Alliance Commodity / Northern Food Service Inc.와 같은 고객들의 성공 사례가 있습니다.
M&T Bank (NYSE:MTB) a été classée comme le 10ème plus grand prêteur SBA aux États-Unis pour la 16ème année consécutive. Au cours de l'exercice 2024, la banque a approuvé 1 832 prêts SBA 7(a) totalisant 207,8 millions de dollars, avec un montant moyen de prêt de 113 432 dollars. M&T Bank a maintenu sa position de principal prêteur pour les petites entreprises dans plusieurs marchés au sein de sa zone de 12 États, y compris Baltimore, Buffalo/Rochester, le Connecticut, le Delaware, Syracuse et Washington, D.C.
La banque a connu une croissance significative sur les marchés de la Nouvelle-Angleterre, avec une augmentation de 58 % de la valeur des prêts SBA dans la région. M&T Bank s'est également classée 6ème au niveau national en tant que prêteur tiers pour les prêts du programme SBA 504, ayant approuvé 66 prêts d'une valeur de 57,96 millions de dollars. L'engagement de la banque à soutenir les petites entreprises était évident à travers les histoires de réussite de clients comme Brick Auto Body dans le New Jersey et Alliance Commodity / Northern Food Service Inc. dans le Massachusetts.
M&T Bank (NYSE:MTB) wird seit 16 Jahren in Folge als der zehntgrößte SBA-Kreditgeber in den Vereinigten Staaten eingestuft. Im Haushaltsjahr 2024 genehmigte die Bank 1.832 SBA 7(a)-Darlehen mit einem Gesamtvolumen von 207,8 Millionen Dollar, wobei die durchschnittliche Darlehenshöhe 113.432 Dollar betrug. M&T Bank behauptete sich als führender Kreditgeber für kleine Unternehmen in mehreren Märkten innerhalb ihres 12-Bundesstaaten-Gebiets, einschließlich Baltimore, Buffalo/Rochester, Connecticut, Delaware, Syracuse und Washington, D.C.
Die Bank verzeichnete ein erhebliches Wachstum in den Märkten von Neuengland, wobei die Werte der SBA-Darlehen in der Region um 58% stiegen. Außerdem belegte M&T Bank national den 6. Platz als Drittanbieter-Kreditgeber für SBA 504-Darlehen und genehmigte 66 Darlehen im Wert von 57,96 Millionen Dollar. Das Engagement der Bank zur Unterstützung kleiner Unternehmen zeigte sich durch Erfolgsgeschichten von Kunden wie Brick Auto Body in New Jersey und Alliance Commodity / Northern Food Service Inc. in Massachusetts.
- None.
- None.
Bank continues to lead small-business lending throughout its footprint
M&T Bank approved 1,832 SBA 7(a) loans for a total of
"With our average loan size of
M&T continued to deliver in its growth in New England markets as SBA loan values increased in the New England region by
M&T Continues to Rank Highly Within the Communities It Serves
Once again, M&T's strong SBA performance nationally was reinforced by the bank's commitment to supporting small businesses in communities throughout its 12-state footprint. The bank was the leading small-business lender in several markets and ranked highly in many others, including the SBA Districts of:
Baltimore : #1 lender with 344 loans for$40.1 million Buffalo /Rochester : #1 lender with 186 loans for$18.9 million Connecticut : #1 lender with 168 loans for$19 million Delaware : #1 lender with 64 loans for$6.4 million Syracuse : #1 lender with 113 loans for$13.1 million Washington, D.C. : #1 lender with 164 loans for$24.7 million New Jersey : #2 lender with 157 loans for$18.1 million New York City : #6 lender with 199 loans for$18.3 million Philadelphia : #2 lender with 203 loans for$21.4 million Richmond, VA .: #2 lender with 56 loans for$5.9 million
Additionally, M&T Bank was also ranked #6 nationally as a third-party lender on sixty-six (66) 504 program loans for
Supporting the Small Business Community
M&T's focus on community and client relationships proved effective in 2024. M&T continued small business lending, serving its clients in challenging economic conditions.
When Navid Ghoreishi of Alliance Commodity LLC/Northern Food Service Inc. of
Mr. Ghoreishi is proud and passionate and was extremely appreciative of M&T's attention to detail and commitment to execute his robust expansion plan and "can't wait to showcase his new breaded production line with added employees."
Learn more about M&T Bank's lending for small businesses here.
According to statistics released by the
About M&T Bank
M&T Bank Corporation is a financial holding company headquartered in
© 2024 M&T Bank. Member FDIC. NMLS# 381076 Equal Housing Lender.
Media Contacts:
National Media and NYC, NJ, PA,
Frank Lentini
(929) 651-0447
flentini@mtb.com
New England
Christopher Loh
(617) 581-2676
cloh@mtb.com
Mid-Atlantic
Neil Dhillon
(202) 768-1071
ndhillon@mtb.com
Upstate and Western New York
Thea Pecht
(716) 512-4448
tpecht@mtb.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-ranks-no-10-among-sba-lenders-302277483.html
SOURCE M&T Bank Corporation
FAQ
How many SBA 7(a) loans did M&T Bank (MTB) approve in fiscal year 2024?
What was the total value of SBA 7(a) loans approved by M&T Bank (MTB) in FY 2024?
What was M&T Bank's (MTB) ranking among SBA lenders nationally in 2024?
How did M&T Bank's (MTB) SBA lending performance change in New England for 2024?
In which SBA districts did M&T Bank (MTB) rank as the #1 lender in 2024?
