44 SBA loans worth $22.4M went to businesses in Ithaca, NY between October 2021 and June 2026, from 14 lenders. Manufacturers and Traders Trust made the most, 15 loans. The median loan was $97,500, 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 | 15 | $1.4M | $70,000 | 40% |
| 2 | Tompkins Community Bank Bank · Ithaca, NY | 12 | $1.3M | $87,500 | 33% |
| 3 | Northeast Bank Bank · Portland, ME | 4 | $365K | $45,000 | 0% |
| 4 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $5.5M | $2,775,000 | 0% |
| 5 | Five Star Bank Bank · Rochester, NY | 2 | $1.8M | $875,000 | 100% |
| 6 | Valley National Bank Bank · Passaic, NJ | 1 | $5.0M | $5,000,000 | 0% |
| 7 | Americu CU Credit union · Rome, NY | 1 | $3.6M | $3,600,000 | 0% |
| 8 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $966K | $966,500 | 0% |
| 9 | Empire State Certified Development Certified development company · Latham, NY | 1 | $943K | $943,000 | 0% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $500K | $500,000 | 0% |
| 11 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $500K | $500,000 | 0% |
| 12 | Paragon Bank Bank · Memphis, TN | 1 | $480K | $479,600 | 100% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $86K | $86,000 | 0% |
| 14 | KeyBank Bank · Cleveland, OH | 1 | $10K | $10,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 11 | $75,000 | Manufacturers and Traders Trust | |
| Health care and social assistance | 7 | $50,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 7 | $250,000 | Tompkins Community Bank | |
| Construction | 6 | $68,000 | Tompkins Community Bank | |
| Arts, entertainment and recreation | 4 | $225,000 | Manufacturers and Traders Trust | |
| Retail | 3 | $200,000 | Five Star Bank | |
| Transportation and warehousing | 3 | $48,000 | Tompkins Community Bank | |
| Other services (repair, personal care) | 1 | $966,500 | First National Bank of Pennsylvania |