{"ok":true,"canonical_url":"https://dealroom.so/lenders/somerset-trust-company","api_url":"https://dealroom.so/api/public/lenders/somerset-trust-company","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"methodology":{"label":"SBA lender ranking methodology","url":"https://dealroom.so/methodology/lender-rankings"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"lender":{"name":"Somerset Trust Company","slug":"somerset-trust-company","url":"https://dealroom.so/lenders/somerset-trust-company","hq":"151 W Main St, Somerset, PA","website":"somersettrust.com","branchCount":49,"sbaFocus":{"pct":0,"pctile":6,"tier":"sideline"},"recentDealsSampled":27,"businessPurchases":4,"typicalDeal":197600,"dealRange25th75th":[75000,398100],"typicalDaysApprovalToFunding":27,"topIndustries":[{"count":5,"name":"Full-Service Restaurants"},{"count":2,"name":"Plate Work Manufacturing"},{"count":2,"name":"Specialized Freight (except Used Goods) Trucking, Local"},{"count":2,"name":"All Other Miscellaneous Chemical Product and Preparation Man"},{"count":1,"name":"General Automotive Repair"},{"count":1,"name":"All Other Amusement and Recreation Industries"},{"count":1,"name":"Offices of Chiropractors"},{"count":1,"name":"Offices of Dentists"}],"topStates":[{"count":23,"state":"PA"},{"count":3,"state":"MD"},{"count":1,"state":"VA"}],"topFranchises":[],"recentDeals":[{"acquisition":false,"approvalDate":"2/26/2026","borrName":"JTech Automotive, LLC","businessAge":"New Business or 2 years or less","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Butler","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2026,"gross":292500,"industry":"General Automotive Repair","jobs":2,"paidInFullDate":null,"processing":"SBA Express Program","rate":7.75,"revolver":"FALSE","sbaGuaranteed":146250,"soldSecMkt":null,"state":"PA","status":"COMMIT","subprogram":"FA$TRK (Small Loan Express)","termMonths":180},{"acquisition":false,"approvalDate":"11/25/2025","borrName":"RB FC, LLC","businessAge":"New Business or 2 years or less","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Great Falls","collateral":true,"daysToFund":24,"firstDisbursement":"12/19/2025","fixedVar":"F","franchise":null,"fy":2026,"gross":200000,"industry":"All Other Amusement and Recreation Industries","jobs":9,"paidInFullDate":null,"processing":"SBA Express Program","rate":8,"revolver":"FALSE","sbaGuaranteed":100000,"soldSecMkt":null,"state":"VA","status":"CURR","subprogram":"FA$TRK (Small Loan Express)","termMonths":60},{"acquisition":false,"approvalDate":"11/13/2025","borrName":"Structural Chiropractic, LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Bethel Park","collateral":false,"daysToFund":89,"firstDisbursement":"2/10/2026","fixedVar":"V","franchise":null,"fy":2026,"gross":197600,"industry":"Offices of Chiropractors","jobs":5,"paidInFullDate":null,"processing":"SBA Express Program","rate":8,"revolver":"FALSE","sbaGuaranteed":98800,"soldSecMkt":null,"state":"PA","status":"CURR","subprogram":"FA$TRK (Small Loan Express)","termMonths":120},{"acquisition":false,"approvalDate":"2/14/2025","borrName":"SS Hagerstown, LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Hagerstown","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2025,"gross":3747400,"industry":"Full-Service Restaurants","jobs":28,"paidInFullDate":null,"processing":"7a General","rate":8.5,"revolver":"FALSE","sbaGuaranteed":2810550,"soldSecMkt":null,"state":"MD","status":"COMMIT","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"4/18/2025","borrName":"Dynamic Metal Processing Corporation","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Hyde Park","collateral":true,"daysToFund":90,"firstDisbursement":"7/17/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":1203300,"industry":"Plate Work Manufacturing","jobs":10,"paidInFullDate":null,"processing":"7a General","rate":7.75,"revolver":"FALSE","sbaGuaranteed":902475,"soldSecMkt":null,"state":"PA","status":"CURR","subprogram":"Guaranty","termMonths":119},{"acquisition":false,"approvalDate":"4/7/2025","borrName":"Dynamic Metal Processing Corporation","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Hyde Park","collateral":true,"daysToFund":241,"firstDisbursement":"12/4/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":400000,"industry":"Plate Work Manufacturing","jobs":10,"paidInFullDate":null,"processing":"SBA Express Program","rate":8,"revolver":"TRUE","sbaGuaranteed":200000,"soldSecMkt":null,"state":"PA","status":"CURR","subprogram":"FA$TRK (Small Loan Express)","termMonths":98},{"acquisition":false,"approvalDate":"1/8/2025","borrName":"Kuster Family Dentistry, P.C.","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Greensburg","collateral":false,"daysToFund":15,"firstDisbursement":"1/23/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":128000,"industry":"Offices of Dentists","jobs":6,"paidInFullDate":null,"processing":"7a General","rate":8.5,"revolver":"FALSE","sbaGuaranteed":108800,"soldSecMkt":null,"state":"PA","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"10/1/2024","borrName":"AP7 Enterprise, LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Lavale","collateral":true,"daysToFund":36,"firstDisbursement":"11/6/2024","fixedVar":"F","franchise":null,"fy":2025,"gross":108000,"industry":"Fitness and Recreational Sports Centers","jobs":2,"paidInFullDate":null,"processing":"7a General","rate":8.5,"revolver":"FALSE","sbaGuaranteed":91800,"soldSecMkt":null,"state":"MD","status":"DELINQ","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"2/27/2025","borrName":"AMITY SEALCOATING LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Uniontown","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2025,"gross":100000,"industry":"All Other Specialty Trade Contractors","jobs":5,"paidInFullDate":null,"processing":"SBA Express Program","rate":9,"revolver":"TRUE","sbaGuaranteed":50000,"soldSecMkt":null,"state":"PA","status":"CANCLD","subprogram":"FA$TRK (Small Loan Express)","termMonths":96},{"acquisition":false,"approvalDate":"11/2/2024","borrName":"DINI'S DIVINE PIES, LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Garrett Park","collateral":false,"daysToFund":6,"firstDisbursement":"11/8/2024","fixedVar":"F","franchise":null,"fy":2025,"gross":50000,"industry":"Commercial Bakeries","jobs":5,"paidInFullDate":null,"processing":"SBA Express Program","rate":9,"revolver":"FALSE","sbaGuaranteed":25000,"soldSecMkt":null,"state":"MD","status":"CURR","subprogram":"FA$TRK (Small Loan Express)","termMonths":60}]},"caveats":["DealRoom data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"DealRoom lender profile","url":"https://dealroom.so/lenders/somerset-trust-company","source_type":"DealRoom Data"}}