States › New York › Suffolk County
County3rd of 62 in New York by approvalsFIPS 36103
SBA loans in Suffolk 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 2,063 loans to businesses in Suffolk County, New York, in FY2021 to FY2025, worth $970M: 1,896 under 7(a) and 167 under 504.
That is 40.7 approvals per 1,000 business establishments (50,748 establishments in 2023), close to the New York figure of 38.1 and close to the national 41.0.
It ranks 3rd of 62 New York counties with approvals. In FY2025 there were 549, up 8% on FY2024.
116 lenders had approvals here; the most active were TD Bank, National Association (494), Manufacturers and Traders Trust Company (309) and Empire State Certified Development Corporation (148). 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 Suffolk 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 | 494 | $63.7M | 23.9% | |
| 2 | Manufacturers and Traders Trust CompanyBuffalo, NY | 309 | $31.3M | 15.0% | |
| 3 | Empire State Certified Development CorporationLatham, NY · CDC | 148 | $186M | 7.2% | |
| 4 | JPMorgan Chase Bank, National AssociationColumbus, OH | 133 | $34.6M | 6.4% | |
| 5 | Northeast BankLewiston, ME | 89 | $13.4M | 4.3% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 84 | $14.3M | 4.1% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 72 | $27.9M | 3.5% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 68 | $38.2M | 3.3% | |
| 9 | The Huntington National BankColumbus, OH | 56 | $26.6M | 2.7% | |
| 10 | Dime Commercial BankHauppauge, NY | 50 | $41.8M | 2.4% | |
| 11 | Live Oak Banking CompanyWilmington, NC | 41 | $51.7M | 2.0% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 36 | $17.0M | 1.7% | |
| 13 | Bank of America, National AssociationCharlotte, NC | 31 | $14.2M | 1.5% | |
| 14 | Hanover Community BankMineola, NY | 27 | $27.1M | 1.3% | |
| 15 | Webster Bank National AssociationWaterbury, CT | 27 | $17.2M | 1.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 143 | 6.9% | |
| 2 | Residential Building ConstructionNAICS 2361 | 102 | 4.9% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 101 | 4.9% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 84 | 4.1% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 83 | 4.0% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 59 | 2.9% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 59 | 2.9% | |
| 8 | Personal Care ServicesNAICS 8121 | 55 | 2.7% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 54 | 2.6% | |
| 10 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 50 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 352 | 17.1% | |
| 2 | Retail Trade | 220 | 10.7% | |
| 3 | Professional, Scientific, and Technical Services | 217 | 10.5% | |
| 4 | Other Services (except Public Administration) | 196 | 9.5% | |
| 5 | Accommodation and Food Services | 189 | 9.2% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 171 | 8.3% | |
| 7 | Health Care and Social Assistance | 147 | 7.1% | |
| 8 | Wholesale Trade | 138 | 6.7% |
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* | 296 | $138M | $150K | 24 | $33.8M | 320 | 2,978 |
| FY2025 | 516 | $202M | $150K | 33 | $55.6M | 549 | 4,849 |
| FY2024 | 485 | $159M | $100K | 21 | $30.3M | 506 | 4,358 |
| FY2023 | 437 | $137M | $115K | 20 | $23.9M | 457 | 3,877 |
| FY2022 | 242 | $78.2M | $100K | 46 | $50.8M | 288 | 2,158 |
| FY2021 | 216 | $178M | $350K | 47 | $55.6M | 263 | 2,301 |
| FY2020 | 203 | $104M | $100K | 20 | $23.1M | 223 | 2,124 |
| FY2019 | 290 | $89.3M | $100K | 23 | $24.7M | 313 | 2,043 |
| FY2018 | 388 | $105M | $90K | 19 | $21.3M | 407 | 2,567 |
| FY2017 | 335 | $95.7M | $90K | 25 | $26.0M | 360 | 2,344 |
| FY2016 | 193 | $69.3M | $100K | 30 | $28.2M | 223 | 2,113 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,526 approvals.
Against New York and the country
| FY2021–FY2025 | Suffolk County | New York | United States |
|---|---|---|---|
| Approvals | 2,063 | 20,639 | 342,825 |
| Approvals per 1,000 establishments | 40.7 | 38.1 | 41.0 |
| Median 7(a) approval | $150K | $130K | $190K |
| Median 504 approval | $835K | $685K | $657K |
| Average approval | $470K | $414K | $573K |
| 504 share of approvals | 8.1% | 6.1% | 11.0% |
| Jobs supported per approval, as reported | 8.5 | 8.0 | 10.5 |
| Share of state approvals | 10.0% | 100.0% | — |
Approval sizes
- $50,000 or less26.8%552
- $50,001 to $150,00026.4%544
- $150,001 to $350,00018.4%380
- $350,001 to $1 million16.0%331
- $1 million to $2 million6.6%137
- Over $2 million5.8%119
Age of the businesses
- Existing, more than 2 years old74.6%1,538
- New business, 2 years or less14.1%291
- Startup, loan funds will open the business7.2%148
- Change of ownership4.1%84
- Not answered0.1%2
Questions and answers
Which lenders make the most SBA loans in Suffolk County?
By approvals in FY2021 to FY2025: TD Bank, National Association (494), Manufacturers and Traders Trust Company (309), Empire State Certified Development Corporation (148), JPMorgan Chase Bank, National Association (133), Northeast Bank (89). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Suffolk County?
The median 7(a) approval was $150K and the median 504 approval $835K; the New York 7(a) median was $130K.
Which industries get the most SBA loans in Suffolk County?
Restaurants and Other Eating Places (143); Residential Building Construction (102); Services to Buildings and Dwellings (101); Building Equipment Contractors (84); Automotive Repair and Maintenance (83).
Is SBA lending in Suffolk County rising?
Approvals in the three latest complete fiscal years total 1,512, against 774 in the three before: rising (+95%).
How does Suffolk County compare with the rest of New York?
40.7 approvals per 1,000 establishments against 38.1 statewide, and 2,063 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