Meridian Bank
PA
SBA-approved lender offering 7 loan programs across 36 industries.
Key Metrics
Interest Rate
9.03%
2.28% over prime
Average Loan
$1.0M
Per approval
Total Approvals
125
FY 2025
Loan Programs (7)
Change of Ownership
Existing or more than 2 years old
International Trade Loans
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (36)
All Other Amusement and Recreation IndustriesAll Other Support ServicesBarber ShopsChild Day Care ServicesCommercial Gravure PrintingComputer Systems Design ServicesCustom Computer Programming ServicesDental Equipment and Supplies ManufacturingDisplay AdvertisingElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant WholesalersFitness and Recreational Sports CentersFull-Service RestaurantsGeneral Automotive RepairHotels (except Casino Hotels) and MotelsJanitorial ServicesLandscaping ServicesLimited-Service RestaurantsMarketing Consulting ServicesMasonry ContractorsNew Single-Family Housing Construction (except Operative Builders)Offices of Certified Public AccountantsOffices of Mental Health Practitioners (except Physicians)Offices of Physicians (except Mental Health Specialists)Other Building Finishing ContractorsOther Chemical and Allied Products Merchant WholesalersOther Cut and Sew Apparel ManufacturingOther Grocery and Related Products Merchant WholesalersOther Personal Care ServicesOther Services to Buildings and DwellingsOutpatient Mental Health and Substance Abuse CentersPlumbing, Heating, and Air-Conditioning ContractorsResidential RemodelersSite Preparation ContractorsSnack and Nonalcoholic Beverage BarsSports and Recreation InstructionWood Kitchen Cabinet and Countertop Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.28%
- Effective Rate
- 9.03%
- Fiscal Year
- 2025
- States Served
- PA
- Website
- www.meridianbanker.com
Ready to apply with Meridian Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.