50 SBA loans worth $28.9M went to businesses in Kingston, NY between October 2021 and June 2026, from 24 lenders. Manufacturers and Traders Trust made the most, 10 loans. The median loan was $173,750, compared with $150,000 across New York, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 10 | $597K | $62,500 | 30% |
| 2 | Empire State Certified Development Certified development company · Latham, NY | 6 | $3.5M | $355,000 | 33% |
| 3 | First Merchants Bank Bank · Muncie, IN | 4 | $10.0M | $2,500,000 | 0% |
| 4 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $1.2M | $325,000 | 0% |
| 5 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $2.2M | $1,093,750 | 0% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 2 | $1.6M | $775,000 | 0% |
| 7 | Huntington National Bank Bank · Columbus, OH | 2 | $468K | $234,000 | 100% |
| 8 | Stearns Bank Bank · St. Cloud, MN | 2 | $360K | $180,000 | 100% |
| 9 | Rhinebeck Bank Bank · Rhinebeck, NY | 2 | $296K | $147,850 | 50% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $185K | $92,500 | 0% |
| 11 | Byline Bank Bank · Chicago, IL | 1 | $2.2M | $2,250,000 | 0% |
| 12 | Hyperion Bank Bank · Philadelphia, PA | 1 | $2.0M | $1,968,000 | 0% |
| 13 | TowneBank Bank · Portsmouth, VA | 1 | $1.1M | $1,092,000 | 0% |
| 14 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $685K | $685,000 | 100% |
| 15 | Sawyer Savings Bank Bank · Saugerties, NY | 1 | $621K | $621,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 9 | $390,000 | First Merchants Bank | |
| Retail | 9 | $450,000 | Manufacturers and Traders Trust | |
| Construction | 7 | $100,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 6 | $384,950 | Wells Fargo Bank | |
| Restaurants and hotels | 5 | $100,000 | Rhinebeck Bank | |
| Other services (repair, personal care) | 4 | $200,000 | Northeast Bank | |
| Health care and social assistance | 4 | $158,500 | Empire State Certified Development | |
| Administrative and support services | 1 | $150,000 | BayFirst National Bank |