New York · Utilities
SBA loans for utilities in New York
44 loans worth $12.0M approved since FY2010 for utilities projects located in New York.
Loans
44
Approved
$12.0M
Median loan
$87,500
-45% vs sector nationally
Median rate
7.00%
Jobs supported
363
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 utilities in New York
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Newtek Bank | 2 | $5.3M | |
| Empire State Certified Development Corporation | 3 | $1.8M | |
| Chemung Canal Trust Company | 4 | $1.0M | |
| Manufacturers and Traders Trust Company | 11 | $895K | |
| Readycap Lending, LLC | 1 | $750K | |
| Hanover Community Bank | 2 | $525K | |
| Genesee Regional Bank | 2 | $450K | |
| TD Bank | 8 | $290K |
Detail
Which industries inside the sector
All SBA lending in New York
63,396 loans across every sector.
Utilities nationally
1,100 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to utilities businesses in New York?
- 44 SBA loans totalling $12,039,600 have been approved for utilities projects in New York since FY2010.
- Which lenders finance utilities in New York?
- The most active by dollars approved are Newtek Bank, Empire State Certified Development Corporation, Chemung Canal Trust 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 utilities in New York?
- The median approval is $87,500, 45% below the national median for this sector ($160,000).
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.