SBA Loans for Construction in New York
Since fiscal year 2021, at least 112 lenders made 2,980 SBA loans to Construction businesses in New York. These are the most active, based on public SBA data.
Most active SBA lenders for Construction in New York
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | TD Bank, National Association Wilmington, DE | 705 | $126,500 | 28% | 7(a), Express |
| 2 | Manufacturers and Traders Trust Company Buffalo, NY | 647 | $121,805 | 32% | 7(a), Express |
| 3 | JPMorgan Chase Bank, National Association Columbus, OH | 269 | $231,066 | 5% | 7(a), Express |
| 4 | Northeast Bank Lewiston, ME | 123 | $175,696 | 9% | 7(a) |
| 5 | KeyBank National Association Cleveland, OH | 109 | $243,360 | 68% | 7(a), Express |
| 6 | Readycap Lending, LLC Berkeley Heights, NJ | 83 | $350,062 | 8% | 7(a), Express |
| 7 | Five Star Bank Rochester, NY | 79 | $110,329 | 24% | 7(a), Express |
| 8 | BayFirst National Bank Saint Petersburg, FL | 78 | $162,784 | 1% | 7(a) |
| 9 | ESL FCU Rochester, NY | 65 | $133,941 | 37% | 7(a), Express |
| 10 | Webster Bank National Association Waterbury, CT | 55 | $375,380 | 8% | 7(a), Express |
Related guide: Loans for Contractors and Construction Businesses
Other industries in New York
- Retail Stores3,299 loans
- Professional Services2,688 loans
- Restaurants & Lodging2,431 loans
- Personal Services & Repair1,894 loans
- Wholesale & Distribution1,546 loans
- Health Care1,481 loans
- Cleaning, Landscaping & Admin1,174 loans
- Manufacturing1,122 loans
Frequently asked questions
Which lenders make the most SBA loans to Construction businesses in New York?
Based on public SBA data, the most active were TD Bank, National Association, Manufacturers and Traders Trust Company, JPMorgan Chase Bank, National Association.
How many SBA loans did Construction businesses get in New York?
2,980 SBA loans since fiscal year 2021, from at least 112 different lenders.
Which SBA loan fits a Construction business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.