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County19th of 62 in New York by approvalsFIPS 36111
SBA loans in Ulster 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 Ulster County, New York, received 160 SBA loan approvals worth $85.4M in FY2021 to FY2025 (144 7(a), 16 504).
That is 31.6 approvals per 1,000 business establishments (5,065 establishments in 2023), below the New York figure of 38.1 and below the national 41.0.
It ranks 19th of 62 New York counties with approvals. In FY2025 there were 53, up 51% on FY2024.
38 lenders had approvals here; the most active were Manufacturers and Traders Trust Company (45), Empire State Certified Development Corporation (16) and Northeast Bank (7). 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 Ulster County
By number of approvals to businesses in the county, FY2021–FY2025; 38 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust CompanyBuffalo, NY | 45 | $2.4M | 28.1% | |
| 2 | Empire State Certified Development CorporationLatham, NY · CDC | 16 | $21.9M | 10.0% | |
| 3 | Northeast BankLewiston, ME | 7 | $937K | 4.4% | |
| 4 | New York Business Development CorporationLatham, NY | 6 | $4.5M | 3.8% | |
| 5 | TD Bank, National AssociationWilmington, DE | 6 | $1.7M | 3.8% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $964K | 3.1% | |
| 7 | Celtic Bank CorporationSalt Lake City, UT | 4 | $5.6M | 2.5% | |
| 8 | Newtek Small Business Finance, Inc.Lake Success, NY | 4 | $4.1M | 2.5% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 4 | $2.4M | 2.5% | |
| 10 | Sawyer Savings BankSaugerties, NY | 4 | $1.7M | 2.5% | |
| 11 | The Huntington National BankColumbus, OH | 4 | $1.2M | 2.5% | |
| 12 | Lendistry SBLC, LLCLos Angeles, CA | 4 | $703K | 2.5% | |
| 13 | Rhinebeck BankRhinebeck, NY | 4 | $643K | 2.5% | |
| 14 | NYBDC Local Development Corporation dba Pursuit Community FinanceLatham, NY | 4 | $635K | 2.5% | |
| 15 | BayFirst National BankSaint Petersburg, FL | 4 | $594K | 2.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 8.1% | |
| 2 | Residential Building ConstructionNAICS 2361 | 11 | 6.9% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 4.4% | |
| 4 | Other Personal ServicesNAICS 8129 | 7 | 4.4% | |
| 5 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 6 | 3.8% | |
| 6 | Gasoline StationsNAICS 4471 | 6 | 3.8% | |
| 7 | Traveler AccommodationNAICS 7211 | 5 | 3.1% | |
| 8 | Specialty Food StoresNAICS 4452 | 5 | 3.1% | |
| 9 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 4 | 2.5% | |
| 10 | Support Activities for Road TransportationNAICS 4884 | 4 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 29 | 18.1% | |
| 2 | Construction | 25 | 15.6% | |
| 3 | Accommodation and Food Services | 20 | 12.5% | |
| 4 | Professional, Scientific, and Technical Services | 17 | 10.6% | |
| 5 | Other Services (except Public Administration) | 14 | 8.8% | |
| 6 | Manufacturing | 10 | 6.3% | |
| 7 | Wholesale Trade | 9 | 5.6% | |
| 8 | Transportation and Warehousing | 7 | 4.4% |
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* | 35 | $23.5M | $100K | 1 | — | 36 | 897 |
| FY2025 | 48 | $20.1M | $111K | 5 | $5.3M | 53 | 375 |
| FY2024 | 34 | $7.4M | $119K | 1 | — | 35 | 214 |
| FY2023 | 21 | $10.2M | $162K | 3 | $1.8M | 24 | 192 |
| FY2022 | 18 | $15.3M | $467K | 5 | $7.5M | 23 | 282 |
| FY2021 | 23 | $10.5M | $50K | 2 | — | 25 | 177 |
| FY2020 | 19 | $7.7M | $145K | 9 | $6.4M | 28 | 271 |
| FY2019 | 16 | $5.2M | $58K | 4 | $1.0M | 20 | 189 |
| FY2018 | 36 | $6.8M | $50K | 4 | $2.0M | 40 | 152 |
| FY2017 | 24 | $9.0M | $84K | 4 | $3.6M | 28 | 192 |
| FY2016 | 27 | $2.8M | $50K | 3 | $2.5M | 30 | 243 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 146 approvals.
Against New York and the country
| FY2021–FY2025 | Ulster County | New York | United States |
|---|---|---|---|
| Approvals | 160 | 20,639 | 342,825 |
| Approvals per 1,000 establishments | 31.6 | 38.1 | 41.0 |
| Median 7(a) approval | $146K | $130K | $190K |
| Median 504 approval | $903K | $685K | $657K |
| Average approval | $534K | $414K | $573K |
| 504 share of approvals | 10.0% | 6.1% | 11.0% |
| Jobs supported per approval, as reported | 7.8 | 8.0 | 10.5 |
| Share of state approvals | 0.8% | 100.0% | — |
Approval sizes
- $50,000 or less28.7%46
- $50,001 to $150,00024.4%39
- $150,001 to $350,00013.1%21
- $350,001 to $1 million18.8%30
- $1 million to $2 million6.3%10
- Over $2 million8.8%14
Age of the businesses
- Existing, more than 2 years old60.0%96
- New business, 2 years or less11.3%18
- Startup, loan funds will open the business20.0%32
- Change of ownership8.8%14
Questions and answers
Which lenders make the most SBA loans in Ulster County?
By approvals in FY2021 to FY2025: Manufacturers and Traders Trust Company (45), Empire State Certified Development Corporation (16), Northeast Bank (7), New York Business Development Corporation (6), TD Bank, National Association (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Ulster County?
The median 7(a) approval was $146K and the median 504 approval $903K; the New York 7(a) median was $130K.
Which industries get the most SBA loans in Ulster County?
Restaurants and Other Eating Places (13); Residential Building Construction (11); Other Specialty Trade Contractors (7); Other Personal Services (7); Management, Scientific, and Technical Consulting Services (6).
Is SBA lending in Ulster County rising?
Approvals in the three latest complete fiscal years total 112, against 76 in the three before: rising (+47%).
How does Ulster County compare with the rest of New York?
31.6 approvals per 1,000 establishments against 38.1 statewide, and 160 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