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County14th of 62 in New York by approvalsFIPS 36091
SBA loans in Saratoga 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 277 loans to businesses in Saratoga County, New York, in FY2021 to FY2025, worth $107M: 227 under 7(a) and 50 under 504.
That is 50.5 approvals per 1,000 business establishments (5,488 establishments in 2023), above the New York figure of 38.1 and above the national 41.0.
It ranks 14th of 62 New York counties with approvals. In FY2025 there were 62, about level with FY2024.
37 lenders had approvals here; the most active were Empire State Certified Development Corporation (50), The Adirondack Trust Company (48) and Arrow Bank National Association (38). 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 Saratoga County
By number of approvals to businesses in the county, FY2021–FY2025; 37 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Empire State Certified Development CorporationLatham, NY · CDC | 50 | $51.4M | 18.1% | |
| 2 | The Adirondack Trust CompanySaratoga Springs, NY | 48 | $6.3M | 17.3% | |
| 3 | Arrow Bank National AssociationGlens Falls, NY | 38 | $3.0M | 13.7% | |
| 4 | KeyBank National AssociationCleveland, OH | 19 | $1.6M | 6.9% | |
| 5 | NBT Bank, National AssociationNorwich, NY | 15 | $4.2M | 5.4% | |
| 6 | New York Business Development CorporationLatham, NY | 12 | $7.1M | 4.3% | |
| 7 | TD Bank, National AssociationWilmington, DE | 12 | $3.7M | 4.3% | |
| 8 | Chemung Canal Trust CompanyElmira, NY | 12 | $2.1M | 4.3% | |
| 9 | Manufacturers and Traders Trust CompanyBuffalo, NY | 11 | $1.4M | 4.0% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 7 | $1.0M | 2.5% | |
| 11 | The Huntington National BankColumbus, OH | 6 | $1.3M | 2.2% | |
| 12 | Northeast BankLewiston, ME | 5 | $563K | 1.8% | |
| 13 | Beacon Bank and TrustBrookline, MA | 3 | $1.4M | 1.1% | |
| 14 | JPMorgan Chase Bank, National AssociationColumbus, OH | 3 | $694K | 1.1% | |
| 15 | NYBDC Local Development Corporation dba Pursuit Community FinanceLatham, NY | 3 | $664K | 1.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 28 | 10.1% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 18 | 6.5% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 15 | 5.4% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 11 | 4.0% | |
| 5 | Other Personal ServicesNAICS 8129 | 9 | 3.2% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 9 | 3.2% | |
| 7 | Residential Building ConstructionNAICS 2361 | 9 | 3.2% | |
| 8 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 8 | 2.9% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 2.5% | |
| 10 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 7 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 37 | 13.4% | |
| 2 | Construction | 36 | 13.0% | |
| 3 | Retail Trade | 32 | 11.6% | |
| 4 | Professional, Scientific, and Technical Services | 30 | 10.8% | |
| 5 | Other Services (except Public Administration) | 26 | 9.4% | |
| 6 | Health Care and Social Assistance | 20 | 7.2% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 20 | 7.2% | |
| 8 | Arts, Entertainment, and Recreation | 19 | 6.9% |
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* | 27 | $7.8M | $120K | 4 | $1.3M | 31 | 237 |
| FY2025 | 55 | $16.0M | $150K | 7 | $6.4M | 62 | 554 |
| FY2024 | 57 | $14.3M | $150K | 6 | $6.1M | 63 | 476 |
| FY2023 | 50 | $11.1M | $75K | 13 | $14.5M | 63 | 338 |
| FY2022 | 37 | $6.7M | $66K | 15 | $15.3M | 52 | 396 |
| FY2021 | 28 | $7.2M | $150K | 9 | $9.1M | 37 | 343 |
| FY2020 | 28 | $5.9M | $87K | 8 | $8.4M | 36 | 339 |
| FY2019 | 62 | $12.2M | $73K | 9 | $4.8M | 71 | 423 |
| FY2018 | 70 | $11.6M | $80K | 6 | $3.7M | 76 | 388 |
| FY2017 | 75 | $17.2M | $50K | 3 | $1.2M | 78 | 363 |
| FY2016 | 93 | $19.8M | $60K | 4 | $4.1M | 97 | 474 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 358 approvals.
Against New York and the country
| FY2021–FY2025 | Saratoga County | New York | United States |
|---|---|---|---|
| Approvals | 277 | 20,639 | 342,825 |
| Approvals per 1,000 establishments | 50.5 | 38.1 | 41.0 |
| Median 7(a) approval | $100K | $130K | $190K |
| Median 504 approval | $601K | $685K | $657K |
| Average approval | $385K | $414K | $573K |
| 504 share of approvals | 18.1% | 6.1% | 11.0% |
| Jobs supported per approval, as reported | 7.6 | 8.0 | 10.5 |
| Share of state approvals | 1.3% | 100.0% | — |
Approval sizes
- $50,000 or less30.7%85
- $50,001 to $150,00020.6%57
- $150,001 to $350,00023.5%65
- $350,001 to $1 million16.2%45
- $1 million to $2 million5.4%15
- Over $2 million3.6%10
Age of the businesses
- Existing, more than 2 years old62.8%174
- New business, 2 years or less16.6%46
- Startup, loan funds will open the business15.5%43
- Change of ownership5.1%14
Questions and answers
Which lenders make the most SBA loans in Saratoga County?
By approvals in FY2021 to FY2025: Empire State Certified Development Corporation (50), The Adirondack Trust Company (48), Arrow Bank National Association (38), KeyBank National Association (19), NBT Bank, National Association (15). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Saratoga County?
The median 7(a) approval was $100K and the median 504 approval $601K; the New York 7(a) median was $130K.
Which industries get the most SBA loans in Saratoga County?
Restaurants and Other Eating Places (28); Services to Buildings and Dwellings (18); Other Amusement and Recreation Industries (15); Offices of Other Health Practitioners (11); Other Personal Services (9).
Is SBA lending in Saratoga County rising?
Approvals in the three latest complete fiscal years total 188, against 125 in the three before: rising (+50%).
How does Saratoga County compare with the rest of New York?
50.5 approvals per 1,000 establishments against 38.1 statewide, and 277 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