New York · Professional Services
SBA loans for professional services in New York
6,831 loans worth $1.69B approved since FY2010 for professional, scientific, and technical services projects located in New York.
Loans
6,831
Approved
$1.69B
Median loan
$100,000
-33% vs sector nationally
Median rate
7.95%
Jobs supported
42,419
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 professional services in New York
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Empire State Certified Development Corporation | 275 | $200.9M | |
| JPMorgan Chase Bank | 1,162 | $149.3M | |
| Live Oak Banking Company | 99 | $108.9M | |
| Manufacturers and Traders Trust Company | 872 | $104.7M | |
| TD Bank | 1,052 | $100.8M | |
| Newtek Small Business Finance, Inc. | 97 | $52.8M | |
| KeyBank | 209 | $51.5M | |
| Newtek Bank | 146 | $47.5M |
Detail
Which industries inside the sector
All SBA lending in New York
63,396 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in New York?
- 6,831 SBA loans totalling $1,691,214,100 have been approved for professional, scientific, and technical services projects in New York since FY2010.
- Which lenders finance professional services in New York?
- The most active by dollars approved are Empire State Certified Development Corporation, JPMorgan Chase Bank, Live Oak Banking Company, Manufacturers and Traders Trust Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in New York?
- The median approval is $100,000, 33% below the national median for this sector ($150,000).
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.