SBA lending by metro area
SBA lenders in Syracuse, NY
Which lenders fund Syracuse-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 Syracuse area
Ranked by SBA volume funded to businesses located in the Syracuse 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 | Manufacturers and Traders Trust Company | 821 | $115.9M | $141K | 4.14% |
| 2 | Empire State Certified Development Corporation | 100 | $87.8M | $878K | not reported |
| 3 | KeyBank National Association | 215 | $35.4M | $164K | 5.12% |
| 4 | Greater Syracuse Business Development Corporation | 90 | $35.3M | $392K | not reported |
| 5 | Live Oak Banking Company | 26 | $32.0M | $1.2M | 0.00% |
| 6 | NBT Bank, National Association | 108 | $18.8M | $174K | 2.78% |
| 7 | Byline Bank | 8 | $18.1M | $2.3M | not reported |
| 8 | New York Business Development Corporation | 24 | $17.9M | $747K | 8.33% |
| 9 | Solvay Bank | 80 | $17.2M | $215K | 2.50% |
| 10 | Wells Fargo Bank National Association | 20 | $16.9M | $847K | 10.00% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Syracuse compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Syracuse area | $100K | 9.4% ▲ 3.2 pts |
| New York | $100K | 6.2% |
| United States | $179K | 11.2% |
What gets funded in Syracuse
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 302 | $140.1M |
| Manufacturing | 181 | $87.9M |
| Retail Trade | 264 | $58.1M |
| Construction | 313 | $57.4M |
| Health Care and Social Assistance | 144 | $41.2M |
| Professional and Technical Services | 158 | $40.9M |
| Other Services | 174 | $35.5M |
| Administrative and Support | 153 | $34.8M |
SBA lending in Syracuse by year
Geography, precisely
"Syracuse area" here means the Syracuse, NY metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Madison County, NY; Onondaga County, NY; Oswego 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.