States › New York › Sullivan County
County22nd of 62 in New York by approvalsFIPS 36105
SBA loans in Sullivan 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 114 loans to businesses in Sullivan County, New York, in FY2021 to FY2025, worth $68.7M: 108 under 7(a) and 6 under 504.
That is 55.3 approvals per 1,000 business establishments (2,061 establishments in 2023), above the New York figure of 38.1 and above the national 41.0.
It ranks 22nd of 62 New York counties with approvals. In FY2025 there were 31, about level with FY2024.
30 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (18), TD Bank, National Association (17) and FinWise Bank (15). The most common industry was grocery 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 Sullivan County
By number of approvals to businesses in the county, FY2021–FY2025; 30 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 18 | $4.9M | 15.8% | |
| 2 | TD Bank, National AssociationWilmington, DE | 17 | $2.4M | 14.9% | |
| 3 | FinWise BankSandy, UT | 15 | $11.5M | 13.2% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $2.1M | 5.3% | |
| 5 | Webster Bank National AssociationWaterbury, CT | 6 | $1.4M | 5.3% | |
| 6 | Empire State Certified Development CorporationLatham, NY · CDC | 5 | $4.6M | 4.4% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 5 | $750K | 4.4% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 4 | $10.6M | 3.5% | |
| 9 | TowneBankPortsmouth, VA | 4 | $2.2M | 3.5% | |
| 10 | JPMorgan Chase Bank, National AssociationColumbus, OH | 4 | $665K | 3.5% | |
| 11 | Stearns Bank National AssociationSaint Cloud, MN | 3 | $2.4M | 2.6% | |
| 12 | Lendistry SBLC, LLCLos Angeles, CA | 3 | $707K | 2.6% | |
| 13 | Northeast BankLewiston, ME | 3 | $614K | 2.6% | |
| 14 | The Huntington National BankColumbus, OH | 2 | — | 1.8% | |
| 15 | New Millennium BankFort Lee, NJ | 2 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Grocery StoresNAICS 4451 | 13 | 11.4% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 8 | 7.0% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 6 | 5.3% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 5.3% | |
| 5 | Residential Building ConstructionNAICS 2361 | 6 | 5.3% | |
| 6 | Other Miscellaneous RetailersNAICS 4599 | 5 | 4.4% | |
| 7 | Apparel, Piece Goods, and Notions Merchant WholesalersNAICS 4243 | 4 | 3.5% | |
| 8 | Building Finishing ContractorsNAICS 2383 | 4 | 3.5% | |
| 9 | Beverage ManufacturingNAICS 3121 | 3 | 2.6% | |
| 10 | Special Food ServicesNAICS 7223 | 3 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 35 | 30.7% | |
| 2 | Construction | 25 | 21.9% | |
| 3 | Accommodation and Food Services | 12 | 10.5% | |
| 4 | Wholesale Trade | 10 | 8.8% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 8 | 7.0% | |
| 6 | Manufacturing | 6 | 5.3% | |
| 7 | Other Services (except Public Administration) | 5 | 4.4% | |
| 8 | Professional, Scientific, and Technical Services | 4 | 3.5% |
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* | 17 | $9.4M | $225K | 1 | — | 18 | 106 |
| FY2025 | 29 | $17.4M | $150K | 2 | — | 31 | 307 |
| FY2024 | 32 | $9.2M | $158K | 0 | — | 32 | 207 |
| FY2023 | 28 | $21.7M | $391K | 1 | — | 29 | 186 |
| FY2022 | 9 | $7.7M | $402K | 3 | $2.5M | 12 | 111 |
| FY2021 | 10 | $4.5M | $264K | 0 | — | 10 | 50 |
| FY2020 | 6 | $5.9M | $290K | 0 | — | 6 | 186 |
| FY2019 | 16 | $6.7M | $98K | 0 | — | 16 | 40 |
| FY2018 | 21 | $6.7M | $90K | 1 | — | 22 | 73 |
| FY2017 | 12 | $5.2M | $68K | 1 | — | 13 | 44 |
| FY2016 | 11 | $3.2M | $150K | 0 | — | 11 | 51 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 68 approvals.
Against New York and the country
| FY2021–FY2025 | Sullivan County | New York | United States |
|---|---|---|---|
| Approvals | 114 | 20,639 | 342,825 |
| Approvals per 1,000 establishments | 55.3 | 38.1 | 41.0 |
| Median 7(a) approval | $203K | $130K | $190K |
| Median 504 approval | $1.1M | $685K | $657K |
| Average approval | $603K | $414K | $573K |
| 504 share of approvals | 5.3% | 6.1% | 11.0% |
| Jobs supported per approval, as reported | 7.6 | 8.0 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less14.0%16
- $50,001 to $150,00028.1%32
- $150,001 to $350,00019.3%22
- $350,001 to $1 million21.9%25
- $1 million to $2 million8.8%10
- Over $2 million7.9%9
Age of the businesses
- Existing, more than 2 years old74.6%85
- New business, 2 years or less14.0%16
- Startup, loan funds will open the business3.5%4
- Change of ownership7.9%9
Questions and answers
Which lenders make the most SBA loans in Sullivan County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (18), TD Bank, National Association (17), FinWise Bank (15), Readycap Lending, LLC (6), Webster Bank National Association (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sullivan County?
The median 7(a) approval was $203K and the median 504 approval $1.1M; the New York 7(a) median was $130K.
Which industries get the most SBA loans in Sullivan County?
Grocery Stores (13); Building Equipment Contractors (8); Other Specialty Trade Contractors (6); Restaurants and Other Eating Places (6); Residential Building Construction (6).
Is SBA lending in Sullivan County rising?
Approvals in the three latest complete fiscal years total 92, against 28 in the three before: rising (+229%).
How does Sullivan County compare with the rest of New York?
55.3 approvals per 1,000 establishments against 38.1 statewide, and 114 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