FY20191 Oct 2018 – 30 Sep 2019
SBA loans in New York, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 3,572 loans in New York: 3,404 under 7(a) and 168 under 504, worth $1.26bn.
That is down 22% on FY2018, when there were 4,573 approvals worth $1.29bn.
New York accounted for 6.2% of the 58,006 approvals nationwide that year. 150 lenders had at least one approval in the state; TD Bank, National Association had the most, 751.
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 FY2019, of 150 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Kings County | 498 | $165M | 13.9% | 600 | -102 |
| 2 | New York County | 451 | $180M | 12.6% | 472 | -21 |
| 3 | Queens County | 334 | $149M | 9.4% | 399 | -65 |
| 4 | Suffolk County | 313 | $114M | 8.8% | 407 | -94 |
| 5 | Nassau County | 308 | $120M | 8.6% | 386 | -78 |
| 6 | Monroe County | 203 | $58.4M | 5.7% | 307 | -104 |
| 7 | Erie County | 185 | $50.4M | 5.2% | 221 | -36 |
| 8 | Westchester County | 140 | $45.9M | 3.9% | 197 | -57 |
| 9 | Rockland County | 113 | $32.8M | 3.2% | 127 | -14 |
| 10 | Orange County | 100 | $46.9M | 2.8% | 115 | -15 |
| 11 | Onondaga County | 93 | $35.5M | 2.6% | 109 | -16 |
| 12 | Bronx County | 77 | $30.7M | 2.2% | 112 | -35 |
| 13 | Saratoga County | 71 | $17.1M | 2.0% | 76 | -5 |
| 14 | Richmond County | 59 | $18.9M | 1.7% | 98 | -39 |
| 15 | Dutchess County | 51 | $13.4M | 1.4% | 62 | -11 |
| 16 | Albany County | 45 | $16.0M | 1.3% | 79 | -34 |
| 17 | Niagara County | 40 | $10.5M | 1.1% | 37 | +3 |
| 18 | Oneida County | 32 | $10.5M | 0.9% | 47 | -15 |
| 19 | Ontario County | 31 | $8.6M | 0.9% | 58 | -27 |
| 20 | Warren County | 25 | $4.9M | 0.7% | 33 | -8 |
| 21 | Rensselaer County | 22 | $8.7M | 0.6% | 24 | -2 |
| 22 | Broome County | 22 | $10.9M | 0.6% | 33 | -11 |
| 23 | Chautauqua County | 21 | $6.3M | 0.6% | 25 | -4 |
| 24 | Wyoming County | 21 | $2.0M | 0.6% | 21 | 0 |
| 25 | Steuben County | 21 | $8.3M | 0.6% | 24 | -3 |
| 26 | Ulster County | 20 | $6.2M | 0.6% | 40 | -20 |
| 27 | Schenectady County | 17 | $4.1M | 0.5% | 32 | -15 |
| 28 | Sullivan County | 16 | $6.7M | 0.4% | 22 | -6 |
| 29 | Tompkins County | 16 | $10.2M | 0.4% | 19 | -3 |
| 30 | Orleans County | 16 | $4.8M | 0.4% | 11 | +5 |
| 31 | Putnam County | 15 | $6.7M | 0.4% | 19 | -4 |
| 32 | Jefferson County | 14 | $3.2M | 0.4% | 8 | +6 |
| 33 | Cayuga County | 13 | $8.7M | 0.4% | 21 | -8 |
| 34 | Clinton County | 12 | $2.5M | 0.3% | 13 | -1 |
| 35 | Cattaraugus County | 11 | $2.1M | 0.3% | 20 | -9 |
| 36 | Genesee County | 11 | $423K | 0.3% | 33 | -22 |
| 37 | Essex County | 11 | $1.1M | 0.3% | 13 | -2 |
| 38 | Madison County | 10 | $867K | 0.3% | 8 | +2 |
| 39 | Livingston County | 10 | $749K | 0.3% | 37 | -27 |
| 40 | Wayne County | 10 | $1.4M | 0.3% | 41 | -31 |
The 40 counties with the most approvals; every county is on the New York page.
FY2019 against FY2018
| New York | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 3,404 | 4,386 |
| 7(a) dollars | $1.10bn | $1.10bn |
| Median 7(a) approval | $100K | $81K |
| 504 approvals | 168 | 187 |
| 504 dollars | $160M | $194M |
| Jobs supported, as reported | 25,674 | 28,306 |
Questions and answers
Which lenders made the most SBA loans in New York in FY2019?
TD Bank, National Association (751), Manufacturers and Traders Trust Company (520), JPMorgan Chase Bank, National Association (328), Empire State Certified Development Corporation (135), Santander Bank, National Association (119). 150 lenders had at least one approval.
How many SBA loans were approved in New York in FY2019?
3,572: 3,404 under 7(a) worth $1.10bn and 168 under 504 worth $160M.
Which New York counties had the most SBA approvals in FY2019?
Kings County (498), New York County (451), Queens County (334), Suffolk County (313), Nassau County (308).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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