145 SBA loans worth $80.3M went to businesses in Albany, NY between October 2021 and June 2026, from 32 lenders. Manufacturers and Traders Trust made the most, 20 loans. The median loan was $150,000, compared with $150,000 across New York, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 20 | $1.3M | $60,000 | 45% |
| 2 | Empire State Certified Development Certified development company · Latham, NY | 17 | $19.5M | $509,000 | 12% |
| 3 | KeyBank Bank · Cleveland, OH | 15 | $2.8M | $50,000 | 80% |
| 4 | TD Bank Bank · Wilmington, DE | 11 | $1.2M | $100,000 | 36% |
| 5 | Chemung Canal Trust Bank · Elmira, NY | 10 | $1.7M | $99,850 | 30% |
| 6 | Newtek Bank Bank · Miami, FL | 9 | $965K | $75,000 | 44% |
| 7 | Beacon Bank and Trust Bank · Boston, MA | 7 | $18.3M | $2,645,000 | 14% |
| 8 | Northeast Bank Bank · Portland, ME | 7 | $1.7M | $250,000 | 0% |
| 9 | Huntington National Bank Bank · Columbus, OH | 6 | $1.3M | $230,000 | 33% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 5 | $190K | $41,500 | 0% |
| 11 | New York Business Development Non-bank lender · Latham, NY | 4 | $2.1M | $407,500 | 50% |
| 12 | NBT Bank Bank · Norwich, NY | 4 | $1.5M | $382,500 | 50% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $613K | $150,000 | 0% |
| 14 | NYBDC Local Development Corporation dba Pursuit Community Finance Non-bank lender · Latham, NY | 3 | $570K | $150,000 | 67% |
| 15 | Peoples Bank Bank · Mendenhall, MS | 2 | $5.0M | $2,486,500 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 30 | $324,950 | KeyBank | |
| Professional and technical services | 27 | $126,000 | Manufacturers and Traders Trust | |
| Retail | 17 | $250,000 | KeyBank | |
| Health care and social assistance | 11 | $113,000 | Manufacturers and Traders Trust | |
| Manufacturing | 9 | $150,000 | Chemung Canal Trust | |
| Transportation and warehousing | 9 | $100,000 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 8 | $106,000 | TD Bank | |
| Administrative and support services | 7 | $70,000 | Chemung Canal Trust |