SBA lending by state
SBA Lending in New York
In New York, SBA lenders funded 62,383 7(a) and 504 loans since FY2010, totaling $21.8B, an average of $349K per loan. The most active lender is Manufacturers and Traders Trust Company, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
Top SBA lenders in New York
Ranked by SBA loans funded in New York since FY2010. Each lender's figures, including its 7(a) charge-off rate, cover its New York loans only. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in New York shows “not reported,” never 0%.
See the full New York ranking : up to 25 lenders, with the 7(a) vs 504 leaders and industry context.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company | 9,215 | $1.1B | $123K | 6.75% |
| 2 | TD Bank, National Association | 8,120 | $1.0B | $123K | 10.37% |
| 3 | JPMorgan Chase Bank, National Association | 6,989 | $984.0M | $141K | 6.27% |
| 4 | Empire State Certified Development Corporation | 3,504 | $3.2B | $904K | 9.67% |
| 5 | KeyBank National Association | 2,811 | $654.5M | $233K | 2.67% |
| 6 | Five Star Bank | 1,882 | $206.7M | $110K | 2.71% |
| 7 | NBT Bank, National Association | 1,119 | $228.6M | $204K | 3.93% |
| 8 | BayFirst National Bank | 1,087 | $210.5M | $194K | 5.24% |
| 9 | NewBank | 1,058 | $1.2B | $1.1M | 1.98% |
| 10 | Northeast Bank | 1,014 | $191.7M | $189K | 1.68% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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504 lenders (CDCs) in New York
An SBA 504 project in New York pairs two lenders: a bank or credit union funds roughly half the cost as a first mortgage, and a Certified Development Company (CDC) funds about 40% through an SBA-backed debenture, with the borrower putting down around 10%. Below are the CDCs most active on 504 loans in New York, ranked by 504 loans funded in the state since FY2010. Figures are 504-only; charge-off is reported on 7(a) loans only and does not apply to CDCs.
| CDC | 504 loans | 504 volume |
|---|---|---|
| Empire State Certified Development Corporation | 3,235 | $3.1B |
| Trenton Business Assistance Corporation | 231 | $363.4M |
| Monroe County Industrial Development Corporation | 156 | $81.2M |
| Greater Syracuse Business Development Corporation | 111 | $47.6M |
| Business Initiative Corporation of New York | 107 | $121.0M |
| Rochester Economic Development Corporation | 14 | $3.3M |
| NEPA Alliance Business Finance Corporation | 2 | $1.2M |
| Housatonic Industrial Development Corporation | 2 | $990K |
| CSRA Local Development Corporation | 1 | $2.5M |
| Capital Regional Development Council | 1 | $2.0M |
Showing the 10 CDCs most active on 504 loans in New York; the full directory lists every CDC.
All Certified Development Companies · Current 504 loan rates · How 504 loans work
Top industries funded in New York
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 7,824 | $3.8B |
| Retail Trade | 9,538 | $3.7B |
| Health Care and Social Assistance | 4,998 | $2.0B |
| Wholesale Trade | 4,413 | $1.9B |
| Manufacturing | 4,270 | $1.9B |
| Construction | 7,355 | $1.7B |
| Professional and Technical Services | 6,692 | $1.6B |
| Other Services | 5,426 | $1.6B |
Top cities for SBA loans in New York
Where SBA 7(a) and 504 borrowers in New York are located, by funded volume.
| City | Loans | Total volume |
|---|---|---|
| New York | 7,374 | $3.0B |
| Brooklyn | 7,338 | $2.8B |
| Bronx | 1,537 | $731.7M |
| Rochester | 2,501 | $554.9M |
| Flushing | 751 | $353.2M |
| Buffalo | 1,645 | $349.0M |
| Staten Island | 974 | $347.3M |
| Long Island City | 429 | $325.1M |
SBA lending by metro area in New York
Which lenders fund each New York market, with local loan sizes and industries.
- SBA lenders in New York, NY 59,677 loans
- SBA lenders in Rochester, NY 5,521 loans
- SBA lenders in Buffalo, NY 4,561 loans
- SBA lenders in Kiryas Joel, NY 2,519 loans
- SBA lenders in Albany, NY 2,980 loans
- SBA lenders in Syracuse, NY 2,115 loans
- SBA lenders in Glens Falls, NY 641 loans
- SBA lenders in Utica, NY 982 loans
- SBA lenders in Kingston, NY 475 loans
- SBA lenders in Binghamton, NY 662 loans
- SBA lenders in Monticello, NY 238 loans
- SBA lenders in Corning, NY 460 loans
- SBA lenders in Jamestown, NY 387 loans
- SBA lenders in Watertown, NY 247 loans
- SBA lenders in Ithaca, NY 265 loans
- SBA lenders in Batavia, NY 356 loans
- SBA lenders in Plattsburgh, NY 187 loans
- SBA lenders in Elmira, NY 305 loans
- SBA lenders in Hudson, NY 218 loans
- SBA lenders in Auburn, NY 218 loans
- SBA lenders in Oneonta, NY 109 loans
- SBA lenders in Olean, NY 256 loans
- SBA lenders in Cortland, NY 105 loans
- SBA lenders in Massena, NY 101 loans
- SBA lenders in Gloversville, NY 129 loans
- SBA lenders in Seneca Falls, NY 127 loans
- SBA lenders in Amsterdam, NY 86 loans
SBA lending in New York by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 3,142 | $739.5M |
| 2011 | 3,731 | $1.1B |
| 2012 | 3,254 | $1.0B |
| 2013 | 3,055 | $1.0B |
| 2014 | 3,371 | $1.1B |
| 2015 | 3,972 | $1.2B |
| 2016 | 4,302 | $1.2B |
| 2017 | 4,634 | $1.4B |
| 2018 | 4,564 | $1.3B |
| 2019 | 3,564 | $1.3B |
| 2020 | 2,337 | $1.1B |
| 2021 | 2,759 | $1.8B |
| 2022 | 3,059 | $1.4B |
| 2023 | 4,292 | $1.5B |
| 2024 | 5,013 | $1.7B |
| 2025 | 5,522 | $2.1B |
| 2026 | 1,812 | $792.2M |
SBA lending in New York: frequently asked questions
How much SBA lending is there in New York?
SBA lenders funded 62,383 7(a) and 504 loans totaling $21.8B in New York in the public SBA data (as of 2026-03-31), an average of $349K per loan.
Who is the most active SBA lender in New York?
Manufacturers and Traders Trust Company is the most active SBA lender in New York in the public data, by loans funded.
What industries get the most SBA loans in New York?
The most-funded industry for SBA loans in New York is Accommodation and Food Services.
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