FY20231 Oct 2022 – 30 Sep 2023
SBA loans in New York, FY2023
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 FY2023 (1 October 2022 to 30 September 2023) SBA approved 4,294 loans in New York: 4,094 under 7(a) and 200 under 504, worth $1.50bn.
That is up 40% on FY2022, when there were 3,059 approvals worth $1.45bn.
New York accounted for 6.8% of the 63,286 approvals nationwide that year. 160 lenders had at least one approval in the state; TD Bank, National Association had the most, 1,080.
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 FY2023, of 160 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|
| 1 | Kings County | 637 | $200M | 14.8% | 457 | +180 |
| 2 | New York County | 461 | $201M | 10.7% | 252 | +209 |
| 3 | Suffolk County | 457 | $161M | 10.6% | 288 | +169 |
| 4 | Nassau County | 419 | $154M | 9.8% | 231 | +188 |
| 5 | Queens County | 372 | $103M | 8.7% | 240 | +132 |
| 6 | Rockland County | 245 | $71.3M | 5.7% | 147 | +98 |
| 7 | Erie County | 201 | $58.9M | 4.7% | 184 | +17 |
| 8 | Westchester County | 195 | $76.6M | 4.5% | 134 | +61 |
| 9 | Monroe County | 165 | $51.4M | 3.8% | 185 | -20 |
| 10 | Orange County | 161 | $59.5M | 3.7% | 120 | +41 |
| 11 | Bronx County | 112 | $30.2M | 2.6% | 76 | +36 |
| 12 | Onondaga County | 80 | $30.0M | 1.9% | 89 | -9 |
| 13 | Richmond County | 79 | $26.0M | 1.8% | 65 | +14 |
| 14 | Saratoga County | 63 | $25.6M | 1.5% | 52 | +11 |
| 15 | Albany County | 57 | $35.3M | 1.3% | 41 | +16 |
| 16 | Dutchess County | 44 | $18.5M | 1.0% | 34 | +10 |
| 17 | Oneida County | 40 | $11.5M | 0.9% | 29 | +11 |
| 18 | Warren County | 34 | $14.3M | 0.8% | 20 | +14 |
| 19 | Sullivan County | 29 | $22.2M | 0.7% | 12 | +17 |
| 20 | Niagara County | 26 | $4.1M | 0.6% | 26 | 0 |
| 21 | Ulster County | 24 | $12.0M | 0.6% | 23 | +1 |
| 22 | Putnam County | 23 | $4.6M | 0.5% | 18 | +5 |
| 23 | Cattaraugus County | 21 | $1.7M | 0.5% | 9 | +12 |
| 24 | Ontario County | 21 | $5.4M | 0.5% | 32 | -11 |
| 25 | Genesee County | 20 | $10.5M | 0.5% | 9 | +11 |
| 26 | Wyoming County | 20 | $1.3M | 0.5% | 8 | +12 |
| 27 | Broome County | 20 | $9.9M | 0.5% | 21 | -1 |
| 28 | Rensselaer County | 18 | $5.1M | 0.4% | 30 | -12 |
| 29 | Steuben County | 15 | $2.2M | 0.3% | 13 | +2 |
| 30 | Livingston County | 15 | $8.3M | 0.3% | 3 | +12 |
| 31 | Schenectady County | 15 | $3.8M | 0.3% | 21 | -6 |
| 32 | Greene County | 14 | $3.7M | 0.3% | 8 | +6 |
| 33 | Chautauqua County | 13 | $6.5M | 0.3% | 11 | +2 |
| 34 | Columbia County | 12 | $3.9M | 0.3% | 13 | -1 |
| 35 | Chemung County | 11 | $1.0M | 0.3% | 16 | -5 |
| 36 | Wayne County | 11 | $6.3M | 0.3% | 13 | -2 |
| 37 | Herkimer County | 10 | $4.3M | 0.2% | 4 | +6 |
| 38 | Washington County | 10 | $5.6M | 0.2% | 8 | +2 |
| 39 | Jefferson County | 10 | $6.5M | 0.2% | 7 | +3 |
| 40 | Madison County | 10 | $6.1M | 0.2% | 7 | +3 |
The 40 counties with the most approvals; every county is on the New York page.
FY2023 against FY2022
| New York | FY2023 | FY2022 |
|---|---|---|
| 7(a) approvals | 4,094 | 2,710 |
| 7(a) dollars | $1.26bn | $1.06bn |
| Median 7(a) approval | $100K | $100K |
| 504 approvals | 200 | 349 |
| 504 dollars | $236M | $394M |
| Jobs supported, as reported | 33,540 | 22,351 |
Questions and answers
Which lenders made the most SBA loans in New York in FY2023?
TD Bank, National Association (1,080), Manufacturers and Traders Trust Company (727), JPMorgan Chase Bank, National Association (279), BayFirst National Bank (229), KeyBank National Association (187). 160 lenders had at least one approval.
How many SBA loans were approved in New York in FY2023?
4,294: 4,094 under 7(a) worth $1.26bn and 200 under 504 worth $236M.
Which New York counties had the most SBA approvals in FY2023?
Kings County (637), New York County (461), Suffolk County (457), Nassau County (419), Queens County (372).
When does FY2023 start and end?
The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.
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