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County23rd of 62 in New York by approvalsFIPS 36007
SBA loans in Broome County, New York
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 112 loans to businesses in Broome County, New York, in FY2021 to FY2025, worth $37.2M: 101 under 7(a) and 11 under 504.
That is 28.0 approvals per 1,000 business establishments (4,001 establishments in 2023), below the New York figure of 38.1 and below the national 41.0.
It ranks 23rd of 62 New York counties with approvals. In FY2025 there were 29, up 45% on FY2024.
25 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (55), Empire State Certified Development Corporation (9) and KeyBank National Association (8). The most common industry was beer, wine, and liquor stores.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Broome County
By number of approvals to businesses in the county, FY2021–FY2025; 25 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 55 | $7.4M | 49.1% | |
| 2 | Empire State Certified Development CorporationLatham, NY · CDC | 9 | $7.5M | 8.0% | |
| 3 | KeyBank National AssociationCleveland, OH | 8 | $1.1M | 7.1% | |
| 4 | NBT Bank, National AssociationNorwich, NY | 5 | $2.1M | 4.5% | |
| 5 | Northeast BankLewiston, ME | 4 | $278K | 3.6% | |
| 6 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $925K | 2.7% | |
| 7 | PS BankWyalusing, PA | 3 | $171K | 2.7% | |
| 8 | New York Business Development CorporationLatham, NY | 2 | — | 1.8% | |
| 9 | First Western SBLC, LLCDallas, TX | 2 | — | 1.8% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 1.8% | |
| 11 | Greater Syracuse Business Development CorporationSyracuse, NY · CDC | 2 | — | 1.8% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 2 | — | 1.8% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 1.8% | |
| 14 | TD Bank, National AssociationWilmington, DE | 2 | — | 1.8% | |
| 15 | Shoreham BankWarwick, RI | 1 | — | 0.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Beer, Wine, and Liquor StoresNAICS 4453 | 9 | 8.0% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 7.1% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 7 | 6.3% | |
| 4 | Traveler AccommodationNAICS 7211 | 4 | 3.6% | |
| 5 | General Freight TruckingNAICS 4841 | 4 | 3.6% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 3.6% | |
| 7 | Residential Building ConstructionNAICS 2361 | 4 | 3.6% | |
| 8 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 3 | 2.7% | |
| 9 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 3 | 2.7% | |
| 10 | Computer Systems Design and Related ServicesNAICS 5415 | 3 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 27 | 24.1% | |
| 2 | Accommodation and Food Services | 13 | 11.6% | |
| 3 | Health Care and Social Assistance | 9 | 8.0% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 9 | 8.0% | |
| 5 | Construction | 8 | 7.1% | |
| 6 | Professional, Scientific, and Technical Services | 7 | 6.3% | |
| 7 | Other Services (except Public Administration) | 7 | 6.3% | |
| 8 | Wholesale Trade | 5 | 4.5% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 26 | $5.8M | $50K | 0 | — | 26 | 103 |
| FY2025 | 29 | $3.2M | $50K | 0 | — | 29 | 97 |
| FY2024 | 19 | $8.1M | $100K | 1 | — | 20 | 143 |
| FY2023 | 17 | $8.2M | $100K | 3 | $1.7M | 20 | 493 |
| FY2022 | 18 | $2.5M | $92K | 3 | $3.3M | 21 | 103 |
| FY2021 | 18 | $6.8M | $91K | 4 | $2.0M | 22 | 120 |
| FY2020 | 13 | $13.0M | $250K | 2 | — | 15 | 185 |
| FY2019 | 22 | $10.9M | $78K | 0 | — | 22 | 229 |
| FY2018 | 33 | $4.4M | $100K | 0 | — | 33 | 224 |
| FY2017 | 23 | $6.2M | $40K | 2 | — | 25 | 153 |
| FY2016 | 49 | $8.9M | $35K | 0 | — | 49 | 167 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 144 approvals.
Against New York and the country
| FY2021–FY2025 | Broome County | New York | United States |
|---|---|---|---|
| Approvals | 112 | 20,639 | 342,825 |
| Approvals per 1,000 establishments | 28.0 | 38.1 | 41.0 |
| Median 7(a) approval | $75K | $130K | $190K |
| Median 504 approval | $496K | $685K | $657K |
| Average approval | $333K | $414K | $573K |
| 504 share of approvals | 9.8% | 6.1% | 11.0% |
| Jobs supported per approval, as reported | 8.5 | 8.0 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less34.8%39
- $50,001 to $150,00027.7%31
- $150,001 to $350,00016.1%18
- $350,001 to $1 million13.4%15
- $1 million to $2 million4.5%5
- Over $2 million3.6%4
Age of the businesses
- Existing, more than 2 years old52.7%59
- New business, 2 years or less23.2%26
- Startup, loan funds will open the business9.8%11
- Change of ownership14.3%16
Questions and answers
Which lenders make the most SBA loans in Broome County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (55), Empire State Certified Development Corporation (9), KeyBank National Association (8), NBT Bank, National Association (5), Northeast Bank (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Broome County?
The median 7(a) approval was $75K and the median 504 approval $496K; the New York 7(a) median was $130K.
Which industries get the most SBA loans in Broome County?
Beer, Wine, and Liquor Stores (9); Restaurants and Other Eating Places (8); Services to Buildings and Dwellings (7); Traveler Accommodation (4); General Freight Trucking (4).
Is SBA lending in Broome County rising?
Approvals in the three latest complete fiscal years total 69, against 58 in the three before: rising (+19%).
How does Broome County compare with the rest of New York?
28.0 approvals per 1,000 establishments against 38.1 statewide, and 112 of the state's 20,639 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error