Non-bank lender · Latham, NY
New York Business Development Corporation
Made 18 SBA 7(a) change-of-ownership loans totaling $17.1M in FY2024 to FY2026: #165 of 1,054 lenders by loans and #183 by dollars. Lends in 1 state.
#165by loans, FY24–26
18loans
$17.1Mapproved
$668Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 9 | $6.6M | $675K | 0.2% |
| FY2025 | 5 | $4.9M | $1.0M | 0.1% |
| FY2026 | 4 | $5.5M | $552K | 0.1% |
Loan size
Deal size mix
28% of its loans were $1M or more.
- Under $350K1 loans · 6% · $337K
- $350K to $1M12 loans · 67% · $7.6M
- $1M to $2M4 loans · 22% · $5.1M
- $2M to $5M1 loans · 6% · $4.0M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Health Care & Social Assistance | 5 | $4.0M |
| Accommodation & Food Services | 3 | $2.5M |
| Administrative & Support, Waste Mgmt | 2 | $2.0M |
| Construction | 2 | $1.5M |
| Wholesale Trade | 1 | $639K |
| Retail Trade | 1 | $4.0M |
| Professional, Scientific & Technical Services | 1 | $466K |
| Real Estate & Rental & Leasing | 1 | $675K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| New York | 18 | $17.1M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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