SBA lending data · fiscal year 2025
44 lenders funded limited-service restaurants in New York last year
159 SBA 7(a) loans approved under NAICS 722513. Median approval $175,000, median term 120 months, median initial rate 10.25%.
What was actually approved
Half of all approvals in this industry and state fell between $50,000 and $396,000. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1Manufacturers and Traders Trust Company38 loans · $7.1M
- 2Newtek Bank, National Association15 loans · $8.4M
- 3The Huntington National Bank12 loans · $5M
- 4Northeast Bank10 loans · $1.9M
- 5Live Oak Banking Company9 loans · $8M
- 6TD Bank, National Association9 loans · $0.4M
- 7Five Star Bank6 loans · $0.6M
- 8Readycap Lending, LLC6 loans · $2.9M
- 9KeyBank National Association5 loans · $0.9M
- 10ESL FCU5 loans · $0.3M
- 11Bank of Hope3 loans · $0.7M
- 12Heritage Bank Inc3 loans · $1.2M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 93 | 37 | $140,000 |
| FY2024 | 93 | 29 | $95,000 |
| FY2025 | 159 | 44 | $175,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications 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 industries in New York
- Full-Service Restaurants · 260 loans
- Residential Remodelers · 161 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
Limited-Service Restaurants in other states
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