SBA lending by district
SBA lending in NY-16
SBA 7(a) and 504 financing in New York's 16th 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
- 1,601
- Total funded
- $589.1M
- Average loan
- $368K
- 7(a) charge-off
- 5.5%
Borrowers in New York's 16th district took 1,601 SBA loans worth $589.1M since FY2010, averaging $368K. Of the 1,500 7(a) loans, 5.5% have charged off. See the rest of New York.
SBA funded volume by fiscal year
Top SBA lenders in NY-16
- 1. Empire State Certified Development Corporation $62.4M
- 2. JPMorgan Chase Bank, National Association $39.7M
- 3. TD Bank, National Association $39.6M
- 4. Bank of Hope $26.0M
- 5. Live Oak Banking Company $25.3M
- 6. Webster Bank National Association $24.5M
- 7. Manufacturers and Traders Trust Company $23.3M
- 8. NewBank $22.1M
- 9. Newtek Small Business Finance, Inc. $15.2M
- 10. New Millennium Bank $13.3M
Method. SBA 7(a) and 504 loans the SBA recorded in NY-16,
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.