SBA lending by metro area
SBA lenders in Watertown, NY
Which lenders fund Watertown-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 Watertown area
Ranked by SBA volume funded to businesses located in the Watertown 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 | 22 | $17.8M | $808K | not reported |
| 2 | Watertown Savings Bank | 85 | $17.0M | $200K | 4.71% |
| 3 | Manufacturers and Traders Trust Company | 52 | $7.1M | $136K | 15.38% |
| 4 | New York Business Development Corporation | 7 | $6.4M | $911K | not reported |
| 5 | Readycap Lending, LLC | 5 | $3.4M | $672K | not reported |
| 6 | Community Bank, National Association | 22 | $2.0M | $92K | 13.64% |
| 7 | KeyBank National Association | 17 | $1.5M | $91K | not reported |
| 8 | Northeast Bank | 5 | $1.2M | $235K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
Ready to talk to Watertown-area SBA lenders?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
How Watertown compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Watertown area | $135K ▲ 35.0% | 9.7% ▲ 3.5 pts |
| New York | $100K | 6.2% |
| United States | $179K | 11.2% |
What gets funded in Watertown
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 45 | $25.6M |
| Retail Trade | 47 | $13.7M |
| Health Care and Social Assistance | 19 | $9.3M |
| Arts, Entertainment, Recreation | 14 | $7.0M |
| Manufacturing | 18 | $6.3M |
| Transportation and Warehousing | 14 | $5.2M |
| Other Services | 22 | $4.4M |
| Construction | 25 | $4.1M |
SBA lending in Watertown by year
Geography, precisely
"Watertown area" here means the Watertown-Fort Drum, NY metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Jefferson 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.