89 SBA loans worth $28.1M went to businesses in Saratoga Springs, NY between October 2021 and June 2026, from 23 lenders. Adirondack Trust made the most, 29 loans. The median loan was $90,000, compared with $150,000 across New York, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Adirondack Trust Bank · Saratoga Springs, NY | 29 | $1.9M | $50,000 | 24% |
| 2 | Empire State Certified Development Certified development company · Latham, NY | 12 | $7.8M | $470,000 | 8% |
| 3 | Arrow Bank Bank · Glens Falls, NY | 11 | $947K | $50,000 | 27% |
| 4 | TD Bank Bank · Wilmington, DE | 6 | $2.7M | $47,500 | 50% |
| 5 | New York Business Development Non-bank lender · Latham, NY | 4 | $4.7M | $812,500 | 50% |
| 6 | NBT Bank Bank · Norwich, NY | 4 | $782K | $213,500 | 25% |
| 7 | KeyBank Bank · Cleveland, OH | 4 | $305K | $37,500 | 100% |
| 8 | Chemung Canal Trust Bank · Elmira, NY | 3 | $244K | $25,000 | 33% |
| 9 | Northeast Bank Bank · Portland, ME | 2 | $225K | $112,500 | 0% |
| 10 | VelocitySBA Non-bank lender · Irving, TX | 1 | $3.9M | $3,905,000 | 100% |
| 11 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $867K | $867,000 | 0% |
| 12 | Beacon Bank and Trust Bank · Boston, MA | 1 | $828K | $828,000 | 0% |
| 13 | Bank of America Bank · Charlotte, NC | 1 | $500K | $500,300 | 0% |
| 14 | Oconee State Bank Bank · Watkinsville, GA | 1 | $500K | $500,000 | 100% |
| 15 | Community Bank Bank · Canton, NY | 1 | $500K | $500,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 18 | $75,000 | Adirondack Trust | |
| Retail | 15 | $58,500 | Adirondack Trust | |
| Professional and technical services | 11 | $100,000 | Arrow Bank | |
| Arts, entertainment and recreation | 10 | $150,000 | Empire State Certified Development | |
| Other services (repair, personal care) | 6 | $95,000 | Arrow Bank | |
| Administrative and support services | 5 | $20,000 | Adirondack Trust | |
| Manufacturing | 5 | $25,000 | Arrow Bank | |
| Construction | 5 | $50,000 | Adirondack Trust |