SBA lending by district
SBA lending in NY-03
SBA 7(a) and 504 financing in New York's 3rd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 2,635
- Total funded
- $1.1B
- Average loan
- $405K
- 7(a) charge-off
- 5.3%
Borrowers in New York's 3rd district took 2,635 SBA loans worth $1.1B since FY2010, averaging $405K. Of the 2,485 7(a) loans, 5.3% have charged off. See the rest of New York.
SBA funded volume by fiscal year
Top SBA lenders in NY-03
- 1. Empire State Certified Development Corporation $128.8M
- 2. Dime Community Bank $78.9M
- 3. TD Bank, National Association $70.7M
- 4. JPMorgan Chase Bank, National Association $60.0M
- 5. Live Oak Banking Company $58.0M
- 6. NewBank $39.2M
- 7. Newtek Small Business Finance, Inc. $37.3M
- 8. Newtek Bank, National Association $36.5M
- 9. Bank of Hope $32.9M
- 10. Readycap Lending, LLC $23.6M
Method. SBA 7(a) and 504 loans the SBA recorded in NY-03,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.