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New York · Construction
SBA loans for construction in New York
7,479 loans worth $1.70B approved since FY2010 for construction projects located in New York.
Loans
7,479
Approved
$1.70B
Median loan
$90,000
-10% vs sector nationally
Median rate
7.75%
Jobs supported
50,111
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to construction in New York
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Empire State Certified Development Corporation | 249 | $234.4M | |
| Manufacturers and Traders Trust Company | 1,555 | $183.4M | |
| TD Bank | 1,365 | $141.7M | |
| JPMorgan Chase Bank | 854 | $119.7M | |
| KeyBank | 365 | $54.6M | |
| Newtek Small Business Finance, Inc. | 60 | $54.4M | |
| Readycap Lending, LLC | 86 | $46.4M | |
| Live Oak Banking Company | 33 | $40.3M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for construction in New York since FY2010 was $90,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in New York
63,396 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in New York?
- 7,479 SBA loans totalling $1,700,088,600 have been approved for construction projects in New York since FY2010.
- Which lenders finance construction in New York?
- The most active by dollars approved are Empire State Certified Development Corporation, Manufacturers and Traders Trust Company, TD Bank, JPMorgan Chase Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in New York?
- The median approval is $90,000, 10% below the national median for this sector ($100,000).
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