5,299 SBA 7(a) loans were approved in New York last year
$1.8B in approvals across 19 industry sectors in fiscal year 2025. Below: which sectors got funded, how much a typical approval was, and how long the lenders wrote the paper for.
What got funded, by sector
Every approved 7(a) loan carries an industry code. Grouped at the sector level, this is where New York's SBA money went in FY2025.
| Sector | Loans | Lenders | Median approval | Median term |
|---|---|---|---|---|
| Construction | 729 | 65 | $150,000 | 120 mo |
| Retail trade | 727 | 62 | $150,000 | 120 mo |
| Professional, scientific and technical services | 681 | 69 | $150,000 | 120 mo |
| Accommodation and food services | 599 | 94 | $150,000 | 120 mo |
| Other services (except public administration) | 491 | 70 | $100,000 | 120 mo |
| Health care and social assistance | 380 | 66 | $126,000 | 120 mo |
| Wholesale trade | 344 | 54 | $200,000 | 120 mo |
| Administrative, support and waste management services | 311 | 50 | $110,900 | 120 mo |
| Manufacturing | 286 | 34 | $209,000 | 120 mo |
| Arts, entertainment and recreation | 187 | 50 | $207,000 | 120 mo |
| Transportation and warehousing | 180 | 30 | $72,500 | 120 mo |
| Real estate, rental and leasing | 100 | 26 | $100,000 | 120 mo |
| Educational services | 92 | 24 | $92,600 | 120 mo |
| Finance and insurance | 87 | 26 | $150,000 | 120 mo |
| Information | 77 | 22 | $148,000 | 120 mo |
| Agriculture, forestry, fishing and hunting | 18 | 6 | $45,000 | 120 mo |
| Public administration | 4 | 3 | $162,500 | 120 mo |
| Mining, quarrying, and oil and gas extraction | 4 | 3 | $425,000 | 120 mo |
| Management of companies and enterprises | 2 | 2 | $539,400 | 210 mo |
Medians are per sector and are not averaged together — a median cannot be added up. Sector counts partition the year: they sum to the 5,299 approvals above, with no loan counted twice.
New York industries in detail
Where the data is thick enough to name lenders and show the spread of approvals, there is a page for the industry itself.
- Full-Service Restaurants · 260 loans
- Residential Remodelers · 161 loans
- Limited-Service Restaurants · 159 loans
- Beauty Salons · 103 loans
- Fitness and Recreational Sports Centers · 95 loans
- Plumbing, Heating, and Air-Conditioning Contractors · 86 loans
- All Other Specialty Trade Contractors · 78 loans
- General Automotive Repair · 71 loans
- Clothing and Clothing Accessories Retailers · 68 loans
- Child Care Services · 66 loans
- All Other Professional, Scientific, and Technical Services · 65 loans
- Administrative Management and General Management Consulting Services · 65 loans
- Landscaping Services · 61 loans
- Snack and Nonalcoholic Beverage Bars · 61 loans
- Beer, Wine, and Liquor Retailers · 61 loans
- Marketing Consulting Services · 61 loans
- Electrical Contractors and Other Wiring Installation Contractors · 59 loans
- Insurance Agencies and Brokerages · 57 loans
- All Other Personal Services · 57 loans
- New Single-Family Housing Construction (except For-Sale Builders) · 55 loans
- Offices of Lawyers · 54 loans
- General Freight Trucking, Local · 53 loans
- Supermarkets and Other Grocery Retailers (except Convenience Retailers) · 53 loans
- Offices of Physicians (except Mental Health Specialists) · 49 loans
- Commercial and Institutional Building Construction · 48 loans
- Janitorial Services · 47 loans
- Other Accounting Services · 47 loans
- Offices of Dentists · 46 loans
- Offices of Physical, Occupational and Speech Therapists, and Audiologists · 42 loans
- Other Personal Care Services · 41 loans
- Offices of All Other Miscellaneous Health Practitioners · 41 loans
- Other Miscellaneous Durable Goods Merchant Wholesalers · 41 loans
- Offices of Mental Health Practitioners (except Physicians) · 40 loans
- Drinking Places (Alcoholic Beverages) · 38 loans
- Pet Care (except Veterinary) Services · 36 loans
- General Freight Trucking, Long-Distance, Truckload · 34 loans
- Offices of Real Estate Agents and Brokers · 33 loans
- All Other Amusement and Recreation Industries · 32 loans
- Site Preparation Contractors · 30 loans
- Painting and Wall Covering Contractors · 30 loans
- Custom Computer Programming Services · 30 loans
- Automotive Body, Paint, and Interior Repair and Maintenance · 26 loans
- Engineering Services · 25 loans
Lenders active across New York
These names come up at the top of several sectors in New York. It is a picture of who is lending here — not a ranking: the published file lists the leading lenders of each sector, so a bank strong in one single sector can be missing from this view.
Where this comes from
U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), as published on 2026-06-30. Fiscal year 2025 is the last complete one; the year in progress is excluded so the figures do not move under you. All our sources.
This page reports approvals. It says nothing about applications that were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other states
Your plan can cite these numbers
Every plan we build pulls this data for your own state and industry, positions your request against what actually got approved, and computes the coverage ratio your deal is held to — before you pay.
See your free preview