New York SBA Loan Data

134,627 loans totaling $32.5B across all SBA programs.

Total Loans
134,627
1991–2025
Total Volume
$32.5B
Gross approval amount
Avg Loan Size
$241K
Median: $80K
Avg Interest Rate
7.85%
Default rate: 14.2%

New York Loan Status

Active15.2%
Paid in Full56.6%
Charged Off11.8%
Cancelled15%
Committed1.2%

Download State Data

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New York Annual Lending Volume

Number of Loans per Year

Top Industries

Loan Size Distribution

Top Lenders in New York

LenderLoansVolumeAvg SizeAvg RateDefault Rate
Manufacturers and Traders Trust Company15,808$2.0B$126K8.02%10.6%
JPMorgan Chase Bank, National Association16,656$1.6B$94K7.91%17.5%
KeyBank National Association8,386$1.3B$158K7.22%7.5%
TD Bank, National Association9,147$1.3B$143K9.72%12.1%
NewBank1,180$1.3B$1.1M6.17%5.5%
Bank of America, National Association10,269$807.7M$79K7.47%27.0%
Readycap Lending, LLC1,731$773.7M$447K11.43%12.1%
Newtek Small Business Finance, Inc.1,189$719.7M$605K7.21%12.0%
Live Oak Banking Company583$708.1M$1.2M7.08%0.8%
New York Business Development Corporation1,564$662.1M$423K6.67%14.2%
Bank of Hope1,549$564.2M$364K6.35%29.7%
Dime Community Bank660$523.2M$793K6.94%7.0%
HSBC Bank USA National Association5,220$519.0M$99K6.87%35.5%
FinWise Bank456$513.4M$1.1M8.01%2.4%
Wells Fargo Bank National Association1,417$500.9M$354K7.57%11.7%
The Bank of Princeton466$464.4M$997K5.97%8.1%
Hana Bank USA National Association1,443$409.3M$284K5.52%17.9%
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION438$387.7M$885KN/A0.6%
Five Star Bank3,495$383.5M$110K6.32%7.1%
Newtek Bank, National Association702$379.6M$541K11.53%0.0%
NBT Bank, National Association2,107$351.9M$167K5.88%8.3%
Citibank, N.A.3,493$315.7M$90K6.93%13.2%
Northeast Bank1,202$311.5M$259K10.33%8.4%
Popular Bank2,373$308.9M$130K8.09%28.1%
New Millennium Bank347$273.5M$788K6.32%4.1%

Top Counties in New York

CountyLoansVolume
New York16,600$4.1B
Kings13,394$3.6B
Suffolk10,680$3.2B
Queens11,732$3.0B
Nassau9,918$2.8B
Erie9,271$1.7B
Westchester5,628$1.5B
Monroe8,436$1.5B
Bronx3,872$1.1B
Orange2,897$893.3M
Rockland2,936$865.7M
Onondaga4,022$855.9M
Albany2,375$624.6M
Richmond1,741$478.8M
Saratoga2,253$465.2M
Dutchess1,717$395.1M
Niagara1,638$309.9M
Ulster1,148$292.7M
Broome1,456$281.6M
Oneida1,638$279.4M
Ontario1,308$271.8M
Warren911$251.2M
Schenectady861$214.3M
Sullivan445$188.1M
Chautauqua930$182.0M
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