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SBA lending by metro area

SBA lenders in Gloversville, NY

Which lenders fund Gloversville-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

SBA loans
129
Total funded
$30.7M
Average loan
$238K
7(a) charge-off
3.4%

Top SBA lenders in the Gloversville area

Ranked by SBA volume funded to businesses located in the Gloversville micropolitan 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 Beacon Bank and Trust 47 $8.7M $184K 2.13%
2 Empire State Certified Development Corporation 13 $7.8M $597K not reported
3 KeyBank National Association 27 $2.7M $99K 0.00%
4 Newtek Small Business Finance, Inc. 5 $2.7M $531K not reported
5 NBT Bank, National Association 12 $1.7M $143K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Gloversville compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Gloversville area $75K ▼ 25.0% 9.3% ▲ 3.1 pts
New York$100K6.2%
United States$179K11.2%

What gets funded in Gloversville

IndustryLoansTotal funded
Manufacturing 14 $6.5M
Accommodation and Food Services 24 $5.6M
Construction 22 $4.5M
Agriculture, Forestry, Fishing 9 $4.5M
Retail Trade 13 $3.6M
Administrative and Support 7 $1.4M
Professional and Technical Services 10 $745K
Other Services 9 $429K

SBA lending in Gloversville by year

Geography, precisely

"Gloversville area" here means the Gloversville, NY micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Fulton 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.