Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.
New York · Retail
SBA loans for retail in New York
6,373 loans worth $2.81B approved since FY2010 for retail trade projects located in New York.
Loans
6,373
Approved
$2.81B
Median loan
$150,000
-40% vs sector nationally
Median rate
6.50%
Jobs supported
47,626
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 retail in New York
| Lender | Loans | Approved | Share |
|---|---|---|---|
| NewBank | 358 | $409.4M | |
| Empire State Certified Development Corporation | 307 | $304.4M | |
| Bank of Hope | 293 | $214.3M | |
| The Bank of Princeton | 142 | $117.0M | |
| Manufacturers and Traders Trust Company | 908 | $114.4M | |
| Metro City Bank | 45 | $85.5M | |
| Provident Bank | 136 | $84.7M | |
| Live Oak Banking Company | 59 | $82.4M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for retail in New York since FY2010 was $150,000. 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.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in New York?
- 6,373 SBA loans totalling $2,814,558,700 have been approved for retail trade projects in New York since FY2010.
- Which lenders finance retail in New York?
- The most active by dollars approved are NewBank, Empire State Certified Development Corporation, Bank of Hope, The Bank of Princeton. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for retail in New York?
- The median approval is $150,000, 40% below the national median for this sector ($250,000).
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.