Lenders › The Adirondack Trust Company
7(a) lenderSaratoga Springs, New YorkFDIC-insured bank405th of 2,184 by approvals
The Adirondack Trust Company
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 72 7(a) loans, worth $9.4M, through The Adirondack Trust Company of Saratoga Springs, New York, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 405th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 7 approvals totalling $444K, down 63% on FY2024 (19). FY2026 to 30 Jun 2026 adds 13 more.
The median approval was $50K, against $190K for the 7(a) program as a whole; 76.4% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 1 state or territory and 3 counties, led by New York (100.0%). The largest industry group was retail trade at 13.9% of approvals, and 1.4% of approvals were to franchise businesses.
Of 354 disbursed loans approved in FY2010 to FY2021, SBA records 5 as charged off (1.4%), 329 as paid in full and 20 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 13 | $895K | $54K | $69K | 134 |
| FY2025 | 7 | $444K | $50K | $63K | 13 |
| FY2024 | 19 | $2.5M | $31K | $130K | 123 |
| FY2023 | 17 | $2.2M | $68K | $129K | 127 |
| FY2022 | 12 | $1.0M | $50K | $87K | 75 |
| FY2021 | 17 | $3.3M | $58K | $194K | 65 |
| FY2020 | 16 | $1.4M | $54K | $89K | 93 |
| FY2019 | 26 | $2.0M | $45K | $78K | 79 |
| FY2018 | 52 | $4.5M | $55K | $87K | 169 |
| FY2017 | 42 | $3.5M | $50K | $82K | 148 |
| FY2016 | 56 | $4.3M | $50K | $78K | 327 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 192 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | New York | 7(a) program |
|---|---|---|---|
| Approvals in these years | 384 | 39,899 | 639,905 |
| Cancelled or never disbursed | 30 | 5,223 | 79,313 |
| Disbursed loans | 354 | 34,676 | 560,592 |
| Paid in full | 329 | 26,873 | 435,813 |
| Charged off | 5 | 2,802 | 36,891 |
| Still outstanding (status exempt from disclosure) | 20 | 5,001 | 87,888 |
| Charged off, share of disbursed loans | 1.4% | 8.1% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.8% | 3.2% | 2.5% |
| Dollars charged off | $220K | $312M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 14 | 7 | 0 | — | 2.8% |
| FY2020 | 14 | 8 | 0 | — | 4.0% |
| FY2019 | 24 | 23 | 0 | — | 6.7% |
| FY2018 | 44 | 42 | 0 | 0.0% | 7.9% |
| FY2017 | 39 | 36 | 1 | 2.6% | 7.7% |
| FY2016 | 54 | 53 | 0 | 0.0% | 7.2% |
| FY2015 | 36 | 35 | 1 | 2.8% | 6.9% |
| FY2014 | 28 | 28 | 0 | — | 6.4% |
| FY2013 | 30 | 28 | 2 | 6.7% | 6.0% |
| FY2012 | 21 | 20 | 1 | — | 6.3% |
| FY2011 | 27 | 27 | 0 | — | 6.9% |
| FY2010 | 23 | 22 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $50K | $190K |
| Average approval | $131K | $518K |
| Approvals of $150,000 or less | 76.4% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 25.0% | 34.3% |
| Approvals to franchise businesses | 1.4% | 11.5% |
| Jobs supported per approval, as reported | 5.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.4% | 6.6% |
States served
| # | State of the business (1 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New York | 72 | $9.4M | 100.0% |
In New York the lender accounts for 0.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Saratoga County, NY | 48 | $6.3M | 66.7% | |
| 2 | Warren County, NY | 20 | $2.8M | 27.8% | |
| 3 | Washington County, NY | 4 | $367K | 5.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 10 | 13.9% | |
| 2 | Construction | 9 | 12.5% | |
| 3 | Accommodation and Food Services | 9 | 12.5% | |
| 4 | Health Care and Social Assistance | 8 | 11.1% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 7 | 9.7% | |
| 6 | Professional, Scientific, and Technical Services | 6 | 8.3% | |
| 7 | Real Estate and Rental and Leasing | 5 | 6.9% | |
| 8 | Manufacturing | 4 | 5.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 7 | 9.7% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 6 | 8.3% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 4 | 5.6% | |
| 4 | General Freight TruckingNAICS 4841 | 4 | 5.6% | |
| 5 | Offices of DentistsNAICS 6212 | 3 | 4.2% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 4.2% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 4.2% | |
| 8 | Activities Related to Real EstateNAICS 5313 | 2 | 2.8% | |
| 9 | Other Wood Product ManufacturingNAICS 3219 | 2 | 2.8% | |
| 10 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 2 | 2.8% |
Approval sizes
- $50,000 or less52.8%38
- $50,001 to $150,00023.6%17
- $150,001 to $350,00018.1%13
- $350,001 to $1 million4.2%3
- $1 million to $2 million1.4%1
Loan terms
- 5 years or less20.8%15
- Over 5 to 10 years75.0%54
- Over 10 to 20 years4.2%3
Age of the businesses
- Existing, more than 2 years old72.2%52
- New business, 2 years or less12.5%9
- Startup, loan funds will open the business12.5%9
- Change of ownership2.8%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 48 | 66.7% | |
| 2 | Preferred Lenders Program | 22 | 30.6% | |
| 3 | 7a General | 2 | 2.8% |
Franchise share
1 of 72 approvals in FY2021–FY2025 (1.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | RNR Tire Express | 1 | 1.4% |
Questions and answers
How many SBA loans does The Adirondack Trust Company make?
SBA approved 7 7(a) loans through The Adirondack Trust Company in FY2025, worth $444K, and 72 over FY2021 to FY2025. That ranks 405th of 2,184 active 7(a) lenders by number of approvals.
How large are The Adirondack Trust Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $50K and the average $131K. The program-wide median was $190K.
What is The Adirondack Trust Company's charge-off rate?
Of 354 disbursed loans approved in FY2010 to FY2021, SBA records 5 as charged off (1.4%), 329 as paid in full and 20 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does The Adirondack Trust Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (7); services to buildings and dwellings (6); offices of other health practitioners (4); general freight trucking (4).
Where does The Adirondack Trust Company make SBA loans?
In 1 state or territory. New York 72. In New York it accounts for 0.4% of all 7(a) approvals.
Is The Adirondack Trust Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 43, against 45 in the three before: broadly level (-4%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error