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County4th of 62 in New York by approvalsFIPS 36059
SBA loans in Nassau 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.
Businesses in Nassau County, New York, received 1,752 SBA loan approvals worth $777M in FY2021 to FY2025 (1,663 7(a), 89 504).
That is 36.0 approvals per 1,000 business establishments (48,718 establishments in 2023), close to the New York figure of 38.1 and close to the national 41.0.
It ranks 4th of 62 New York counties with approvals. In FY2025 there were 480, up 16% on FY2024.
116 lenders had approvals here; the most active were TD Bank, National Association (463), JPMorgan Chase Bank, National Association (121) and Manufacturers and Traders Trust Company (119). The most common industry was restaurants and other eating places.
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 Nassau County
By number of approvals to businesses in the county, FY2021–FY2025; 116 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 463 | $46.8M | 26.4% | |
| 2 | JPMorgan Chase Bank, National AssociationColumbus, OH | 121 | $32.5M | 6.9% | |
| 3 | Manufacturers and Traders Trust CompanyBuffalo, NY | 119 | $10.4M | 6.8% | |
| 4 | Northeast BankLewiston, ME | 84 | $12.6M | 4.8% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 80 | $53.7M | 4.6% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 78 | $11.3M | 4.5% | |
| 7 | Empire State Certified Development CorporationLatham, NY · CDC | 73 | $74.5M | 4.2% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 61 | $23.6M | 3.5% | |
| 9 | The Huntington National BankColumbus, OH | 52 | $22.4M | 3.0% | |
| 10 | Newtek Small Business Finance, Inc.Lake Success, NY | 47 | $25.7M | 2.7% | |
| 11 | Dime Commercial BankHauppauge, NY | 46 | $36.5M | 2.6% | |
| 12 | Webster Bank National AssociationWaterbury, CT | 42 | $14.0M | 2.4% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 38 | $44.6M | 2.2% | |
| 14 | Lendistry SBLC, LLCLos Angeles, CA | 25 | $4.2M | 1.4% | |
| 15 | Hanover Community BankMineola, NY | 24 | $24.8M | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 138 | 7.9% | |
| 2 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 74 | 4.2% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 71 | 4.1% | |
| 4 | Residential Building ConstructionNAICS 2361 | 70 | 4.0% | |
| 5 | Personal Care ServicesNAICS 8121 | 63 | 3.6% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 51 | 2.9% | |
| 7 | Legal ServicesNAICS 5411 | 40 | 2.3% | |
| 8 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 38 | 2.2% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 34 | 1.9% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 34 | 1.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 262 | 15.0% | |
| 2 | Construction | 226 | 12.9% | |
| 3 | Retail Trade | 221 | 12.6% | |
| 4 | Health Care and Social Assistance | 163 | 9.3% | |
| 5 | Accommodation and Food Services | 161 | 9.2% | |
| 6 | Wholesale Trade | 155 | 8.8% | |
| 7 | Other Services (except Public Administration) | 153 | 8.7% | |
| 8 | Manufacturing | 79 | 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* | 204 | $77.6M | $150K | 14 | $23.6M | 218 | 1,707 |
| FY2025 | 461 | $187M | $150K | 19 | $20.6M | 480 | 3,954 |
| FY2024 | 396 | $144M | $150K | 17 | $14.7M | 413 | 2,929 |
| FY2023 | 408 | $142M | $100K | 11 | $11.8M | 419 | 3,007 |
| FY2022 | 207 | $73.0M | $100K | 24 | $20.3M | 231 | 1,679 |
| FY2021 | 191 | $142M | $350K | 18 | $22.1M | 209 | 2,560 |
| FY2020 | 163 | $75.3M | $115K | 19 | $17.3M | 182 | 1,545 |
| FY2019 | 298 | $108M | $100K | 10 | $12.4M | 308 | 1,582 |
| FY2018 | 376 | $100M | $75K | 10 | $12.6M | 386 | 2,118 |
| FY2017 | 370 | $74.0M | $87K | 16 | $13.1M | 386 | 2,345 |
| FY2016 | 211 | $92.5M | $150K | 11 | $9.0M | 222 | 1,996 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,484 approvals.
Against New York and the country
| FY2021–FY2025 | Nassau County | New York | United States |
|---|---|---|---|
| Approvals | 1,752 | 20,639 | 342,825 |
| Approvals per 1,000 establishments | 36.0 | 38.1 | 41.0 |
| Median 7(a) approval | $150K | $130K | $190K |
| Median 504 approval | $716K | $685K | $657K |
| Average approval | $444K | $414K | $573K |
| 504 share of approvals | 5.1% | 6.1% | 11.0% |
| Jobs supported per approval, as reported | 8.1 | 8.0 | 10.5 |
| Share of state approvals | 8.5% | 100.0% | — |
Approval sizes
- $50,000 or less26.6%466
- $50,001 to $150,00026.8%470
- $150,001 to $350,00018.0%315
- $350,001 to $1 million17.5%306
- $1 million to $2 million5.9%104
- Over $2 million5.2%91
Age of the businesses
- Existing, more than 2 years old72.5%1,271
- New business, 2 years or less14.7%258
- Startup, loan funds will open the business8.4%148
- Change of ownership4.3%75
Questions and answers
Which lenders make the most SBA loans in Nassau County?
By approvals in FY2021 to FY2025: TD Bank, National Association (463), JPMorgan Chase Bank, National Association (121), Manufacturers and Traders Trust Company (119), Northeast Bank (84), Newtek Bank, National Association (80). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Nassau County?
The median 7(a) approval was $150K and the median 504 approval $716K; the New York 7(a) median was $130K.
Which industries get the most SBA loans in Nassau County?
Restaurants and Other Eating Places (138); Management, Scientific, and Technical Consulting Services (74); Offices of Other Health Practitioners (71); Residential Building Construction (70); Personal Care Services (63).
Is SBA lending in Nassau County rising?
Approvals in the three latest complete fiscal years total 1,312, against 622 in the three before: rising (+111%).
How does Nassau County compare with the rest of New York?
36.0 approvals per 1,000 establishments against 38.1 statewide, and 1,752 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