# SBA loans to custom software development firms in Maryland **Short answer:** SBA's loan file shows 33 loans to custom software development firms in Maryland since October 2023. 45.5% went to businesses more than two years old, against 78.7% nationally. 69.7% went through SBA Express, against 36.9% nationally. Canonical page: https://www.sbaexpress.loans/industries/custom-computer-programming-services/maryland/ Data as of: 2026-06-30 A small base This page rests on 33 loans. Medians and shares on so few loans can swing on a few loans, so use them as a rough guide. These are the 33 SBA 7(a) loans to [custom software development firms](https://www.sbaexpress.loans/industries/custom-computer-programming-services/) in [Maryland](https://www.sbaexpress.loans/maryland-small-business-loans/) approved October 2023 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. ## How Maryland differs from the U.S. **What this means for you.** Younger businesses got a bigger share of these loans here than nationally. ### Established businesses 45.5% of the loans in Maryland went to businesses more than two years old, against 78.7% nationally. In business more than 2 years, share of loans, Oct 2023 to Jun 2026 - Maryland: 45.5% - United States: 78.7% ### SBA Express 69.7% of the loans in Maryland went through SBA Express, against 36.9% nationally. SBA Express, share of loans, Oct 2023 to Jun 2026 - Maryland: 69.7% - United States: 36.9% ### Lines of credit 60.6% of the loans in Maryland were lines of credit, against 30.3% nationally. Lines of credit, share of loans, Oct 2023 to Jun 2026 - Maryland: 60.6% - United States: 30.3% We compared 8 measures with the national figure for the same period, and these are the 3 that differ clearly. 2 more differences are in the table. ## Maryland next to the U.S. **Maryland compared with all loans to custom software development firms in the U.S., October 2023 to June 2026** | Measure | Maryland | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 1.1% | 0.52% | Clearly higher | | Median loan | $100,000 | $185,000 | No clear gap | | Middle half of loans | $50,000 to $150,000 | $93,500 to $354,300 | – | | Startups (the loan opens the business) | Fewer than 5 | 4.3% | n/a | | In business 2 years or less | 39.4% | 12.6% | Clearly higher | | In business more than 2 years | 45.5% | 78.7% | Clearly lower | | Change of ownership | 0.0% | 3.9% | No clear gap | | SBA Express | 69.7% | 36.9% | Clearly higher | | Lines of credit | 60.6% | 30.3% | Clearly higher | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 3 points over Prime | 3 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in Maryland The lender below made 16 of the 33 loans approved October 2023 to June 2026, or 48.5%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Maryland** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [M&T Bank](https://www.sbaexpress.loans/sba-express-lenders/m-and-t-bank/) | 16 | 48.5% | Not in top 5 | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Custom software development firms in other states Other states where these loans differ clearly from the national pattern, most loans first. **Custom software development firms by state** | State | Loans since October 2019 | | --- | --- | | [Texas](https://www.sbaexpress.loans/industries/custom-computer-programming-services/texas/) | 116 | | [New Jersey](https://www.sbaexpress.loans/industries/custom-computer-programming-services/new-jersey/) | 76 | ## More industries in Maryland Other industries in Maryland with a clear difference from the national pattern, most loans first. **Other industries in Maryland** | Industry | Loans since October 2019 | | --- | --- | | [Sit-down restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/maryland/) | 244 | | [Fast-food, pizza and counter-service restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/maryland/) | 214 | | [Home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/maryland/) | 135 | | [Hair salons and beauty salons](https://www.sbaexpress.loans/industries/beauty-salons/maryland/) | 116 | | [Gyms, fitness studios and recreational sports centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/maryland/) | 105 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/maryland/) | 87 | | [Local trucking companies](https://www.sbaexpress.loans/industries/general-freight-trucking-local/maryland/) | 84 | | [IT support, cybersecurity and data recovery businesses](https://www.sbaexpress.loans/industries/other-computer-related-services/maryland/) | 53 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2023 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)