SBA 7(a) loans in New York
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
11,531loans approved
$150,000median loan
$50K–$325Kmiddle half of loans
$4.0Btotal approved
11%median initial rate
10 yrsmedian term
The median New York loan is 14% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 554 | $150,000 |
| Residential Remodelers (236118) | 337 | $90,000 |
| Limited-Service Restaurants (722513) | 306 | $150,000 |
| Fitness and Recreational Sports Centers (713940) | 218 | $200,000 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 204 | $166,500 |
| Beauty Salons (812112) | 196 | $50,000 |
| All Other Specialty Trade Contractors (238990) | 164 | $150,000 |
| Clothing and Clothing Accessories Retailers (458110) | 156 | $150,000 |
| Administrative Management and General Management Consulting Services (541611) | 153 | $80,000 |
| Landscaping Services (561730) | 153 | $50,000 |
Most active lenders in New York
| Lender | Loans | Median | Total |
|---|---|---|---|
| TD Bank, National Association | 1,937 | $50,000 | $233.4M |
| Manufacturers and Traders Trust Company | 1,851 | $50,000 | $201.9M |
| JPMorgan Chase Bank, National Association | 829 | $175,000 | $201.6M |
| Readycap Lending, LLC | 650 | $350,000 | $229.0M |
| Newtek Bank, National Association | 535 | $200,000 | $211.9M |
| Bayfirst National Bank | 444 | $150,000 | $61.8M |
| Northeast Bank | 388 | $149,500 | $64.7M |
| Lendistry Sblc, LLC | 354 | $150,000 | $69.1M |
| Keybank National Association | 341 | $50,000 | $78.1M |
| The Huntington National Bank | 263 | $300,000 | $112.8M |
SBA 504 loans in New York
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
572504 loans approved
$789,500median CDC portion
$712.6Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in New York
| Lender | Loans | Median | Total |
|---|---|---|---|
| Empire State Certified Development Corporation | 432 | $722,500 | $519.9M |
| Trenton Business Assistance Corporation | 92 | $1,294,500 | $156.5M |
| Monroe County Industrial Development Corporation | 24 | $329,500 | $10.0M |
| Business Initiative Corporation of New York | 13 | $1,099,000 | $17.2M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.