SBA lending by district
SBA lending in NY-07
SBA 7(a) and 504 financing in New York's 7th 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
- 5,897
- Total funded
- $2.2B
- Average loan
- $378K
- 7(a) charge-off
- 6.0%
Borrowers in New York's 7th district took 5,897 SBA loans worth $2.2B since FY2010, averaging $378K. Of the 5,606 7(a) loans, 6.0% have charged off. See the rest of New York.
SBA funded volume by fiscal year
Top SBA lenders in NY-07
- 1. Empire State Certified Development Corporation $313.3M
- 2. JPMorgan Chase Bank, National Association $175.9M
- 3. TD Bank, National Association $159.7M
- 4. FinWise Bank $141.4M
- 5. NewBank $134.7M
- 6. Trenton Business Assistance Corporation $82.0M
- 7. Newtek Small Business Finance, Inc. $58.2M
- 8. Readycap Lending, LLC $55.9M
- 9. Cross River Bank $54.2M
- 10. Newtek Bank, National Association $48.6M
Method. SBA 7(a) and 504 loans the SBA recorded in NY-07,
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.