Ridgewood Savings Bank approved 24 SBA loans worth $3.7M between October 2021 and June 2026, ranking #825 of 2,283 SBA lenders nationally by loan count. Its median loan was $140,000, and 17% went to startups or businesses under two years old. It lent in 1 states, most often in New York, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 24 | $3.7M | $140,000 | #78 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 10 | $100,000 | |
| Other services (repair, personal care) | 4 | $125,000 | |
| Construction | 3 | $150,000 | |
| Retail | 2 | $195,000 | |
| Administrative and support services | 1 | $350,000 | |
| Professional and technical services | 1 | $160,000 | |
| Education | 1 | $100,000 | |
| Real estate and rental | 1 | $150,000 | |
| Transportation and warehousing | 1 | $50,000 |