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SBA 7(a) record

New York Business Development Corporation: SBA 7(a) loans made

New York Business Development Corporation, a non-bank lender based in Latham, NY, made 54 SBA 7(a) loans in the 36 months ending September 30, 2026, $38M in all, net of cancelled approvals. The typical loan was about $650K, and 11 were in the last 12 months. Most were in New York.

Evidence
SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 9, 2026
Loans, 36 months
54
SBA FOIA,
Net of cancelled approvals
Dollars
$38.0M
SBA FOIA,
Rounded amounts
Typical loan
$650K
SBA FOIA,
Largest loan
$4M
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
11
SBA FOIA,

Cite this

Source: The Lender Report, New York Business Development Corporation: SBA 7(a) loans made, https://lender.report/lender/new-york-business-development-ny/sba-7a/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

New York Business Development CorporationNewest first
PeriodPlaceLoanAmountRateTermLTVSource
Jul 2026New YorkSBA 7(a), Wineries$1.2M9.5%25 yrSBA FOIA
Jun 2026New YorkSBA 7(a), Beer, Wine, and Liquor Retailers$250K9.5%10 yrSBA FOIA
May 2026New YorkSBA 7(a), All Other Amusement and Recreation Industries$1.5M9.5%10 yrSBA FOIA
Apr 2026New YorkSBA 7(a), Jewelry Retailers$4M9.5%10 yrSBA FOIA
Apr 2026New YorkSBA 7(a), All Other Personal Services$940K9.5%10 yrSBA FOIA
Mar 2026New YorkSBA 7(a), All Other Amusement and Recreation Industries$740K9.5%10 yrSBA FOIA
Mar 2026New YorkSBA 7(a), Landscape Architectural Services$470K9.5%10 yrSBA FOIA
Mar 2026New YorkSBA 7(a), Limited-Service Restaurants$440K9.5%9 yrSBA FOIA
Feb 2026New YorkSBA 7(a), Other Miscellaneous Nondurable Goods Merchant Wholesalers$640K9.5%10 yrSBA FOIA
Jan 2026New YorkSBA 7(a), Other Miscellaneous Nondurable Goods Merchant Wholesalers$800K9.5%10 yrSBA FOIA
Dec 2025New YorkSBA 7(a), Full-Service Restaurants$350K9.75%10 yrSBA FOIA
Sep 2025New YorkSBA 7(a), All Other Professional, Scientific, and Technical Services$290K10.25%10 yrSBA FOIA
Aug 2025New YorkSBA 7(a), All Other Amusement and Recreation Industries$90K10.25%10 yrSBA FOIA
Jul 2025New YorkSBA 7(a), Offices of Chiropractors$1.8M9.5%10 yrSBA FOIA
Jun 2025New YorkSBA 7(a), Coin-Operated Laundries and Drycleaners$690K8.75%19 yrSBA FOIA
May 2025New YorkSBA 7(a), Child Care Services$660K10.25%10 yrSBA FOIA
May 2025New YorkSBA 7(a), Baked Goods Retailers$420K10.25%10 yrSBA FOIA
May 2025New YorkSBA 7(a), Pet Care (except Veterinary) Services$190K9.75%25 yrSBA FOIA
Apr 2025New YorkSBA 7(a), Other Heavy and Civil Engineering Construction$1M10.25%10 yrSBA FOIA
Apr 2025New YorkSBA 7(a), Other Specialized Design Services$500K10.25%9 yrSBA FOIA
Mar 2025New YorkSBA 7(a), Offices of Physicians (except Mental Health Specialists)$1.2M10.25%10 yrSBA FOIA
Feb 2025New YorkSBA 7(a), Fitness and Recreational Sports Centers$680K10.25%10 yrSBA FOIA
Feb 2025New YorkSBA 7(a), Limited-Service Restaurants$460K8.5%10 yrSBA FOIA
Feb 2025New YorkSBA 7(a), Breweries$460K10.25%10 yrSBA FOIA
Jan 2025New YorkSBA 7(a), Wineries$750K10.5%10 yrSBA FOIA
54 SBA 7(a) loans since October 2023, net of cancelled$38.0MSBA FOIA

A blank means the source did not report it.

Where New York Business Development Corporation's SBA 7(a) loans were made, most loans first
StateLoansDollars
New York54$38.0M
SBA FOIA,

SBA loans are on record by state only.

New York Business Development Corporation: SBA 7(a) loans by size
Loan sizeLoansDollars
Under $150K2$200K
$150K to $350K9$2.38M
$350K to $1M34$21.1M
$1M to $2.5M8$10.3M
$2.5M or more1$4.00M
SBA FOIA,
New York Business Development Corporation: SBA 7(a) loans by quarter
QuarterLoansDollars
2023 Q42$1.38M
2024 Q19$5.88M
2024 Q24$2.07M
2024 Q38$5.18M
2024 Q45$2.71M
2025 Q16$3.80M
2025 Q26$3.46M
2025 Q33$2.18M
2025 Q41$350K
2026 Q15$3.09M
2026 Q24$6.69M
2026 Q31$1.20M
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
7a General39
Preferred Lenders Program15
SBA FOIA,
  • New York Business Development Corporation made 54 SBA 7(a) loans totaling $38M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
  • 11 of them were in the 12 months to September 30, 2026, and 20 in the 12 months before. SBA FOIA,
  • The typical loan was about $650K, with the middle half between $420K and $800K. SBA FOIA,
  • The largest was about $4M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 2 loans were under $150K, and 9 were $1M or more. SBA FOIA,
  • The SBA file shows a median initial rate of 10.25% on 54 loans, with the middle half between 9.50% and 11.25%. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Its loans went most often to All Other Amusement and Recreation Industries, with 4. SBA FOIA,
  • The SBA file lists 39 of its loans as processed under 7a General. SBA FOIA,
  • Its loans were most often in New York (54). SBA FOIA,

What we don't know

  • Whether New York Business Development Corporation is taking new SBA 7(a) loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Loans are SBA approvals, net of cancelled approvals.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.