33 SBA loans worth $14.3M went to businesses in Ballston Spa, NY between October 2021 and June 2026, from 18 lenders. Empire State Certified Development made the most, 5 loans. The median loan was $150,000, compared with $150,000 across New York, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Empire State Certified Development Certified development company · Latham, NY | 5 | $9.3M | $1,479,000 | 0% |
| 2 | Adirondack Trust Bank · Saratoga Springs, NY | 5 | $504K | $40,500 | 0% |
| 3 | Arrow Bank Bank · Glens Falls, NY | 4 | $160K | $42,500 | 25% |
| 4 | Chemung Canal Trust Bank · Elmira, NY | 3 | $395K | $150,000 | 67% |
| 5 | New York Business Development Non-bank lender · Latham, NY | 2 | $541K | $270,500 | 50% |
| 6 | KeyBank Bank · Cleveland, OH | 2 | $80K | $40,000 | 50% |
| 7 | Byline Bank Bank · Chicago, IL | 1 | $850K | $850,000 | 0% |
| 8 | MVB Bank Bank · Fairmont, WV | 1 | $744K | $744,000 | 0% |
| 9 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $350K | $350,000 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 1 | $300K | $300,000 | 0% |
| 11 | Bank of America Bank · Charlotte, NC | 1 | $250K | $250,000 | 0% |
| 12 | NYBDC Local Development Corporation dba Pursuit Community Finance Non-bank lender · Latham, NY | 1 | $233K | $233,000 | 0% |
| 13 | NBT Bank Bank · Norwich, NY | 1 | $200K | $200,000 | 0% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 15 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 7 | $100,000 | Adirondack Trust | |
| Professional and technical services | 7 | $150,000 | Chemung Canal Trust | |
| Other services (repair, personal care) | 4 | $137,500 | TD Bank | |
| Retail | 4 | $216,500 | NBT Bank | |
| Transportation and warehousing | 3 | $744,000 | KeyBank | |
| Administrative and support services | 2 | $92,500 | Arrow Bank | |
| Education | 1 | $150,000 | Manufacturers and Traders Trust | |
| Agriculture, forestry and fishing | 1 | $209,000 | Empire State Certified Development |