SBA lending by metro area
SBA lenders in Albany, NY
Which lenders fund Albany-area businesses, how much, and how the market compares with New York: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Albany area
Ranked by SBA volume funded to businesses located in the Albany metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Empire State Certified Development Corporation | 349 | $251.4M | $720K | 10.26% |
| 2 | KeyBank National Association | 379 | $88.1M | $233K | 2.11% |
| 3 | Beacon Bank and Trust | 348 | $82.6M | $237K | 4.89% |
| 4 | New York Business Development Corporation | 119 | $53.4M | $449K | 5.88% |
| 5 | Live Oak Banking Company | 36 | $42.1M | $1.2M | 0.00% |
| 6 | Manufacturers and Traders Trust Company | 307 | $36.1M | $118K | 6.84% |
| 7 | NBT Bank, National Association | 154 | $32.3M | $210K | 1.30% |
| 8 | The Adirondack Trust Company | 329 | $27.0M | $82K | 1.22% |
| 9 | TD Bank, National Association | 117 | $25.6M | $219K | 13.68% |
| 10 | Arrow Bank National Association | 196 | $22.0M | $112K | 0.00% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Albany compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Albany area | $100K | 10.4% ▲ 4.2 pts |
| New York | $100K | 6.2% |
| United States | $179K | 11.2% |
What gets funded in Albany
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 467 | $239.8M |
| Retail Trade | 390 | $111.3M |
| Manufacturing | 208 | $91.7M |
| Professional and Technical Services | 364 | $91.0M |
| Health Care and Social Assistance | 243 | $71.5M |
| Construction | 344 | $63.2M |
| Other Services | 239 | $55.5M |
| Arts, Entertainment, Recreation | 113 | $44.1M |
SBA lending in Albany by year
Geography, precisely
"Albany area" here means the Albany-Schenectady-Troy, NY metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Albany County, NY; Rensselaer County, NY; Saratoga County, NY; Schenectady County, NY; Schoharie County, NY. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.