FY20171 Oct 2016 – 30 Sep 2017
SBA loans in New York, FY2017
That fiscal year's approvals by lender and by county.
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 4,640 loans in New York: 4,443 under 7(a) and 197 under 504, worth $1.35bn.
That is up 8% on FY2016, when there were 4,303 approvals worth $1.23bn.
New York accounted for 6.8% of the 68,648 approvals nationwide that year. 149 lenders had at least one approval in the state; TD Bank, National Association had the most, 935.
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.
Approvals by lender
The 40 lenders with the most approvals to New York businesses in FY2017, of 149 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 935 | $70.6M | 20.2% | 211 | +724 |
| 2 | JPMorgan Chase Bank, National Association | 7(a) | 564 | $68.9M | 12.2% | 535 | +29 |
| 3 | Manufacturers and Traders Trust Company | 7(a) | 473 | $57.9M | 10.2% | 760 | -287 |
| 4 | Beacon Bank and Trust | 7(a) | 175 | $22.6M | 3.8% | 276 | -101 |
| 5 | Empire State Certified Development Corporation | 504 | 156 | $162M | 3.4% | 144 | +12 |
| 6 | Five Star Bank | 7(a) | 156 | $18.3M | 3.4% | 251 | -95 |
| 7 | KeyBank National Association | 7(a) | 137 | $53.0M | 3.0% | 173 | -36 |
| 8 | ESL FCU | 7(a) | 127 | $8.2M | 2.7% | 75 | +52 |
| 9 | NewBank | 7(a) | 114 | $121M | 2.5% | 91 | +23 |
| 10 | Citibank, N.A. | 7(a) | 96 | $8.8M | 2.1% | 88 | +8 |
| 11 | Citizens Bank, National Association | 7(a) | 87 | $8.5M | 1.9% | 153 | -66 |
| 12 | Wells Fargo Bank National Association | 7(a) | 76 | $23.0M | 1.6% | 114 | -38 |
| 13 | NBT Bank, National Association | 7(a) | 76 | $20.9M | 1.6% | 92 | -16 |
| 14 | The Bank of Princeton | 7(a) | 66 | $51.3M | 1.4% | 15 | +51 |
| 15 | Santander Bank, National Association | 7(a) | 65 | $7.9M | 1.4% | 77 | -12 |
| 16 | BayFirst National Bank | 7(a) | 63 | $17.4M | 1.4% | 35 | +28 |
| 17 | Newtek Small Business Finance, Inc. | 7(a) | 58 | $44.9M | 1.3% | 60 | -2 |
| 18 | Celtic Bank Corporation | 7(a) | 57 | $23.8M | 1.2% | 59 | -2 |
| 19 | New Millennium Bank | 7(a) | 51 | $30.8M | 1.1% | 52 | -1 |
| 20 | Capital One National Association | 7(a) | 49 | $30.9M | 1.1% | 39 | +10 |
| 21 | Dime Commercial Bank | 7(a) | 44 | $34.2M | 0.9% | 13 | +31 |
| 22 | The Adirondack Trust Company | 7(a) | 42 | $3.5M | 0.9% | 56 | -14 |
| 23 | Genesee Regional Bank | 7(a) | 36 | $6.0M | 0.8% | 24 | +12 |
| 24 | Tompkins Community Bank | 7(a) | 36 | $3.2M | 0.8% | 34 | +2 |
| 25 | New York Business Development Corporation | 7(a) | 35 | $22.1M | 0.8% | 31 | +4 |
| 26 | Provident Bank | 7(a) | 35 | $18.8M | 0.8% | 19 | +16 |
| 27 | Bank of Hope | 7(a) | 35 | $17.5M | 0.8% | 66 | -31 |
| 28 | Live Oak Banking Company | 7(a) | 34 | $33.4M | 0.7% | 29 | +5 |
| 29 | The Lyons National Bank | 7(a) | 33 | $4.8M | 0.7% | 28 | +5 |
| 30 | Northeast Bank | 7(a) | 32 | $4.8M | 0.7% | 15 | +17 |
| 31 | Independence Bank | 7(a) | 30 | $3.7M | 0.6% | 9 | +21 |
| 32 | Arrow Bank National Association | 7(a) | 30 | $2.3M | 0.6% | 32 | -2 |
| 33 | The Canandaigua National Bank and Trust Company | 7(a) | 29 | $4.3M | 0.6% | 26 | +3 |
| 34 | Community Bank, National Association | 7(a) | 27 | $4.7M | 0.6% | 47 | -20 |
| 35 | Northwest Bank | 7(a) | 27 | $2.1M | 0.6% | 14 | +13 |
| 36 | Brooklyn Cooperative Federal Credit Union | 7(a) | 25 | $713K | 0.5% | 33 | -8 |
| 37 | CNB Bank | 7(a) | 22 | $7.0M | 0.5% | 4 | +18 |
| 38 | Stearns Bank National Association | 7(a) | 22 | $5.0M | 0.5% | 18 | +4 |
| 39 | Empire State Certified Development Corporation | 7(a) | 22 | $3.0M | 0.5% | 40 | -18 |
| 40 | FinWise Bank | 7(a) | 18 | $21.9M | 0.4% | 5 | +13 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | New York County | 642 | $217M | 13.8% | 485 | +157 |
| 2 | Kings County | 476 | $151M | 10.3% | 362 | +114 |
| 3 | Queens County | 455 | $165M | 9.8% | 278 | +177 |
| 4 | Nassau County | 386 | $87.1M | 8.3% | 222 | +164 |
| 5 | Suffolk County | 360 | $122M | 7.8% | 223 | +137 |
| 6 | Monroe County | 336 | $47.1M | 7.2% | 416 | -80 |
| 7 | Erie County | 264 | $61.7M | 5.7% | 319 | -55 |
| 8 | Westchester County | 213 | $73.6M | 4.6% | 180 | +33 |
| 9 | Onondaga County | 105 | $27.8M | 2.3% | 148 | -43 |
| 10 | Bronx County | 103 | $49.3M | 2.2% | 86 | +17 |
| 11 | Orange County | 100 | $40.3M | 2.2% | 89 | +11 |
| 12 | Albany County | 94 | $22.9M | 2.0% | 107 | -13 |
| 13 | Rockland County | 85 | $29.9M | 1.8% | 98 | -13 |
| 14 | Saratoga County | 78 | $18.4M | 1.7% | 97 | -19 |
| 15 | Oneida County | 77 | $11.2M | 1.7% | 104 | -27 |
| 16 | Richmond County | 74 | $34.4M | 1.6% | 44 | +30 |
| 17 | Warren County | 50 | $16.1M | 1.1% | 40 | +10 |
| 18 | Ontario County | 47 | $11.6M | 1.0% | 42 | +5 |
| 19 | Dutchess County | 43 | $16.8M | 0.9% | 72 | -29 |
| 20 | Niagara County | 39 | $5.8M | 0.8% | 70 | -31 |
| 21 | Steuben County | 34 | $2.4M | 0.7% | 45 | -11 |
| 22 | Chautauqua County | 33 | $10.3M | 0.7% | 41 | -8 |
| 23 | Rensselaer County | 32 | $18.1M | 0.7% | 47 | -15 |
| 24 | Wyoming County | 31 | $3.1M | 0.7% | 30 | +1 |
| 25 | Schenectady County | 31 | $7.7M | 0.7% | 37 | -6 |
| 26 | Genesee County | 29 | $5.6M | 0.6% | 42 | -13 |
| 27 | Ulster County | 28 | $12.6M | 0.6% | 30 | -2 |
| 28 | Livingston County | 26 | $2.3M | 0.6% | 44 | -18 |
| 29 | Jefferson County | 25 | $10.6M | 0.5% | 12 | +13 |
| 30 | Broome County | 25 | $7.2M | 0.5% | 49 | -24 |
| 31 | Wayne County | 24 | $1.7M | 0.5% | 27 | -3 |
| 32 | Cattaraugus County | 22 | $3.0M | 0.5% | 27 | -5 |
| 33 | Putnam County | 19 | $8.0M | 0.4% | 19 | 0 |
| 34 | Washington County | 18 | $3.7M | 0.4% | 33 | -15 |
| 35 | Cayuga County | 18 | $3.2M | 0.4% | 22 | -4 |
| 36 | Tompkins County | 17 | $2.3M | 0.4% | 21 | -4 |
| 37 | Orleans County | 17 | $787K | 0.4% | 19 | -2 |
| 38 | Herkimer County | 16 | $1.7M | 0.3% | 24 | -8 |
| 39 | Columbia County | 16 | $2.9M | 0.3% | 29 | -13 |
| 40 | Sullivan County | 13 | $8.5M | 0.3% | 11 | +2 |
The 40 counties with the most approvals; every county is on the New York page.
FY2017 against FY2016
| New York | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 4,443 | 4,137 |
| 7(a) dollars | $1.16bn | $1.06bn |
| Median 7(a) approval | $85K | $80K |
| 504 approvals | 197 | 166 |
| 504 dollars | $190M | $172M |
| Jobs supported, as reported | 31,531 | 31,572 |
Questions and answers
Which lenders made the most SBA loans in New York in FY2017?
TD Bank, National Association (935), JPMorgan Chase Bank, National Association (564), Manufacturers and Traders Trust Company (473), Beacon Bank and Trust (175), Empire State Certified Development Corporation (156). 149 lenders had at least one approval.
How many SBA loans were approved in New York in FY2017?
4,640: 4,443 under 7(a) worth $1.16bn and 197 under 504 worth $190M.
Which New York counties had the most SBA approvals in FY2017?
New York County (642), Kings County (476), Queens County (455), Nassau County (386), Suffolk County (360).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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