SBA Ledger

States › New York › FY2022

FY20221 Oct 2021 – 30 Sep 2022

SBA loans in New York, FY2022

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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 3,059 loans in New York: 2,710 under 7(a) and 349 under 504, worth $1.45bn.

That is up 11% on FY2021, when there were 2,757 approvals worth $1.82bn.

New York accounted for 5.4% of the 56,932 approvals nationwide that year. 147 lenders had at least one approval in the state; TD Bank, National Association had the most, 562.

3,059approvalsFY2021: 2,757
$1.45bndollars approvedFY2021: $1.82bn
$100Kmedian 7(a) approvalFY2021: $200K
147lenders with an approval
22,351jobs supported, as reported

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 FY2022, of 147 active.

#LenderProgramApprovalsDollarsShare of stateFY2021Change
1TD Bank, National Association7(a)562$53.2M18.4%350+212
2Manufacturers and Traders Trust Company7(a)557$75.7M18.2%440+117
3Empire State Certified Development Corporation504274$298M9.0%251+23
4KeyBank National Association7(a)152$34.8M5.0%174-22
5JPMorgan Chase Bank, National Association7(a)138$31.4M4.5%58+80
6Newtek Small Business Finance, Inc.7(a)124$76.2M4.1%96+28
7The Huntington National Bank7(a)73$22.7M2.4%41+32
8FinWise Bank7(a)69$105M2.3%75-6
9BayFirst National Bank7(a)68$16.4M2.2%17+51
10ESL FCU7(a)49$6.0M1.6%32+17
11Trenton Business Assistance Corporation50438$62.0M1.2%37+1
12Celtic Bank Corporation7(a)38$18.7M1.2%20+18
13Readycap Lending, LLC7(a)38$11.4M1.2%24+14
14Wells Fargo Bank National Association7(a)37$24.2M1.2%30+7
15Dime Commercial Bank7(a)36$23.6M1.2%46-10
16Live Oak Banking Company7(a)34$49.6M1.1%53-19
17NewBank7(a)33$62.5M1.1%50-17
18NBT Bank, National Association7(a)32$13.5M1.0%33-1
19Bank of America, National Association7(a)30$16.1M1.0%16+14
20Five Star Bank7(a)30$5.0M1.0%40-10
21Genesee Regional Bank7(a)29$10.7M0.9%38-9
22Beacon Bank and Trust7(a)22$10.9M0.7%36-14
23New York Business Development Corporation7(a)19$14.2M0.6%30-11
24Webster Bank National Association7(a)19$9.6M0.6%13+6
25Chemung Canal Trust Company7(a)19$1.8M0.6%30-11
26Arrow Bank National Association7(a)19$1.3M0.6%12+7
27Hanover Community Bank7(a)17$28.2M0.6%28-11
28Citibank, N.A.7(a)17$1.2M0.6%9+8
29Brooklyn Cooperative Federal Credit Union7(a)16$289K0.5%9+7
30Business Initiative Corporation of New York50415$23.4M0.5%5+10
31United Midwest Savings Bank National Association7(a)15$10.5M0.5%28-13
32The Canandaigua National Bank and Trust Company7(a)15$6.4M0.5%21-6
33Five Star Bank7(a)15$4.6M0.5%21-6
34Community Bank, National Association7(a)15$1.5M0.5%150
35Bank of Hope7(a)14$8.6M0.5%19-5
36Metro City Bank7(a)13$34.0M0.4%28-15
37Cross River Bank7(a)13$17.6M0.4%17-4
38Northeast Bank7(a)13$311K0.4%0new
39Hanmi Bank7(a)12$17.0M0.4%0new
40Monroe County Industrial Development Corporation50412$8.2M0.4%2+10

Approvals by county

#CountyApprovalsDollarsShare of stateFY2021Change
1Kings County457$212M14.9%387+70
2Suffolk County288$129M9.4%263+25
3New York County252$187M8.2%250+2
4Queens County240$137M7.8%210+30
5Nassau County231$93.3M7.6%209+22
6Monroe County185$57.8M6.0%148+37
7Erie County184$70.2M6.0%167+17
8Rockland County147$69.8M4.8%118+29
9Westchester County134$49.5M4.4%125+9
10Orange County120$67.1M3.9%84+36
11Onondaga County89$49.3M2.9%70+19
12Bronx County76$49.8M2.5%71+5
13Richmond County65$35.7M2.1%33+32
14Saratoga County52$22.0M1.7%37+15
15Albany County41$20.6M1.3%47-6
16Dutchess County34$13.3M1.1%45-11
17Ontario County32$8.7M1.0%28+4
18Rensselaer County30$8.9M1.0%20+10
19Oneida County29$6.9M0.9%26+3
20Niagara County26$8.1M0.8%22+4
21Ulster County23$22.8M0.8%25-2
22Schenectady County21$10.8M0.7%16+5
23Broome County21$5.8M0.7%22-1
24Warren County20$9.4M0.7%17+3
25Putnam County18$9.1M0.6%22-4
26Chemung County16$5.8M0.5%14+2
27Steuben County13$2.1M0.4%17-4
28Columbia County13$4.2M0.4%17-4
29Wayne County13$3.4M0.4%17-4
30Oswego County12$5.6M0.4%8+4
31Sullivan County12$10.1M0.4%10+2
32Chautauqua County11$1.3M0.4%15-4
33Otsego County11$7.2M0.4%4+7
34Cattaraugus County9$1.7M0.3%8+1
35Genesee County9$4.0M0.3%14-5
36Orleans County9$856K0.3%90
37Washington County8$2.3M0.3%4+4
38Wyoming County8$1.5M0.3%16-8
39Greene County8$6.7M0.3%6+2
40Jefferson County7$1.4M0.2%17-10

The 40 counties with the most approvals; every county is on the New York page.

FY2022 against FY2021

New YorkFY2022FY2021
7(a) approvals2,7102,450
7(a) dollars$1.06bn$1.49bn
Median 7(a) approval$100K$200K
504 approvals349307
504 dollars$394M$327M
Jobs supported, as reported22,35126,915

Questions and answers

Which lenders made the most SBA loans in New York in FY2022?

TD Bank, National Association (562), Manufacturers and Traders Trust Company (557), Empire State Certified Development Corporation (274), KeyBank National Association (152), JPMorgan Chase Bank, National Association (138). 147 lenders had at least one approval.

How many SBA loans were approved in New York in FY2022?

3,059: 2,710 under 7(a) worth $1.06bn and 349 under 504 worth $394M.

Which New York counties had the most SBA approvals in FY2022?

Kings County (457), Suffolk County (288), New York County (252), Queens County (240), Nassau County (231).

When does FY2022 start and end?

The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.

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