20,670 SBA loans worth $7.9B went to New York businesses between October 2021 and June 2026, from 257 lenders. TD Bank made the most 7(a) loans, 3,828 or 20% of the state's total, and the ten most active lenders made 67%. The median 7(a) loan was $125,000, below the national median of $158,000. Retail was the most financed industry, at 14% of loans. Annual loan count rose 29% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 3,828 | $442.1M | $50,000 | 28% | Construction |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3,162 | $362.3M | $50,000 | 33% | Construction |
| 3 | JPMorgan Chase Bank Bank · Columbus, OH | 1,263 | $290.3M | $175,000 | 5% | Construction |
| 4 | Northeast Bank Bank · Portland, ME | 932 | $163.7M | $150,000 | 9% | Professional and technical services |
| 5 | Newtek Bank Bank · Miami, FL | 892 | $412.2M | $200,000 | 17% | Professional and technical services |
| 6 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 807 | $269.4M | $290,500 | 6% | Professional and technical services |
| 7 | BayFirst National Bank Bank · St. Petersburg, FL | 795 | $122.1M | $150,000 | 1% | Retail |
| 8 | KeyBank Bank · Cleveland, OH | 674 | $131.6M | $50,000 | 71% | Restaurants and hotels |
| 9 | Huntington National Bank Bank · Columbus, OH | 464 | $173.3M | $317,500 | 45% | Arts, entertainment and recreation |
| 10 | ESL FCU Credit union · Rochester, NY | 354 | $44.1M | $50,900 | 38% | Construction |
| 11 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 350 | $67.8M | $150,000 | 0% | Retail |
| 12 | Five Star Bank Bank · Rochester, NY | 296 | $34.0M | $35,000 | 25% | Construction |
| 13 | Live Oak Banking Bank · Wilmington, NC | 281 | $349.7M | $515,000 | 21% | Professional and technical services |
| 14 | Webster Bank Bank · Stamford, CT | 275 | $93.5M | $250,000 | 7% | Construction |
| 15 | Celtic Bank Bank · Salt Lake City, UT | 271 | $104.5M | $150,000 | 10% | Professional and technical services |
| 16 | FinWise Bank Bank · Murray, UT | 260 | $296.3M | $390,500 | 7% | Retail |
| 17 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 205 | $114.6M | $250,000 | 20% | Professional and technical services |
| 18 | Bank of America Bank · Charlotte, NC | 183 | $93.1M | $350,000 | 26% | Professional and technical services |
| 19 | NBT Bank Bank · Norwich, NY | 132 | $44.5M | $208,150 | 42% | Retail |
| 20 | Wells Fargo Bank Bank · Sioux Falls, SD | 131 | $97.5M | $415,300 | 61% | Professional and technical services |
| 21 | NewBank Bank · Flushing, NY | 121 | $154.5M | $650,000 | 63% | Restaurants and hotels |
| 22 | Hanover Community Bank Bank · Garden City Park, NY | 121 | $126.5M | $500,000 | 32% | Restaurants and hotels |
| 23 | Genesee Regional Bank Bank · Rochester, NY | 109 | $42.9M | $207,000 | 38% | Professional and technical services |
| 24 | Tompkins Community Bank Bank · Ithaca, NY | 108 | $19.8M | $123,500 | 45% | Restaurants and hotels |
| 25 | Bank of Hope Bank · Los Angeles, CA | 106 | $86.1M | $250,000 | 25% | Retail |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Empire State Certified Development Latham, NY | 863 | $981.9M | $677,000 |
| 2 | Trenton Business Assistance Princeton, NJ | 142 | $242.9M | $1,367,000 |
| 3 | Monroe County Industrial Development Rochester, NY | 37 | $19.2M | $414,000 |
| 4 | Business Initiative Corporation of New York Bronx, NY | 33 | $45.9M | $1,106,000 |
| 5 | Greater Syracuse Business Development Syracuse, NY | 22 | $11.6M | $274,500 |
| 6 | Granite State Economic Development Portsmouth, NH | 5 | $1.6M | $291,000 |
| 7 | NEPA Alliance Business Finance Pittston, PA | 2 | $1.2M | $590,000 |
| 8 | New England Certified Development Wakefield, MA | 1 | $507K | $507,000 |
| 9 | Worcester Business Development Worcester, MA | 1 | $373K | $373,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 2,928 | $150,000 | TD Bank | |
| Construction | 2,796 | $100,000 | TD Bank | |
| Professional and technical services | 2,516 | $127,000 | TD Bank | |
| Restaurants and hotels | 2,357 | $150,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 1,826 | $100,000 | TD Bank | |
| Wholesale trade | 1,454 | $160,000 | TD Bank | |
| Health care and social assistance | 1,422 | $150,000 | TD Bank | |
| Administrative and support services | 1,090 | $100,000 | TD Bank | |
| Manufacturing | 1,077 | $170,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 807 | $60,000 | TD Bank | |
| Arts, entertainment and recreation | 750 | $179,500 | Manufacturers and Traders Trust | |
| Real estate and rental | 476 | $100,000 | TD Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Brooklyn | 2,948 | $1.1B | $150,000 | TD Bank |
| New York | 2,147 | $984.2M | $151,000 | TD Bank |
| Rochester | 617 | $181.1M | $100,000 | ESL FCU |
| Buffalo | 609 | $177.8M | $100,000 | Manufacturers and Traders Trust |
| Bronx | 518 | $193.7M | $101,350 | TD Bank |
| Staten Island | 424 | $138.2M | $100,000 | TD Bank |
| Spring Valley | 383 | $103.8M | $150,000 | TD Bank |
| Monroe | 377 | $89.0M | $150,000 | TD Bank |
| Monsey | 278 | $75.5M | $150,000 | TD Bank |
| Flushing | 194 | $91.3M | $150,000 | TD Bank |
| Syracuse | 182 | $77.0M | $132,600 | Manufacturers and Traders Trust |
| Astoria | 154 | $55.2M | $120,000 | TD Bank |
| Albany | 145 | $80.3M | $150,000 | Manufacturers and Traders Trust |
| Jamaica | 144 | $50.3M | $100,000 | TD Bank |
| Yonkers | 144 | $40.4M | $150,000 | TD Bank |
159 New York cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.