SBA 7(a) lenders in Albany, NY

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

76 institutions have SBA 7(a) loans on record in Albany, together $331.0M across 1,038 loans. Beacon Bank and Trust is the largest, with 19% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Beacon Bank and Trust	187	$61.5M	18.6%	0.40%
2	KeyBank National Association	159	$33.5M	10.1%	1.14%
3	New York Business Development Corporation	64	$27.3M	8.2%	4.01%
4	Live Oak Banking Company	19	$25.0M	7.6%	0.00%
5	Manufacturers and Traders Trust Company	153	$17.1M	5.2%	5.06%
6	Community Bank, National Association	32	$16.3M	4.9%	2.15%
7	Bankwell Bank	2	$10.0M	3.0%	0.00%
8	Newtek Small Business Finance, Inc.	13	$9.9M	3.0%	0.80%
9	NBT Bank, National Association	45	$7.5M	2.3%	1.13%
10	Metro City Bank	2	$7.4M	2.2%	0.00%
11	First Internet Bank of Indiana	3	$6.6M	2.0%	0.00%
12	Bank of America, National Association	16	$6.3M	1.9%	0.00%
13	Citizens Bank, National Association	49	$6.2M	1.9%	3.74%
14	Arrow Bank National Association	19	$5.6M	1.7%	0.00%
15	Peoples Bank	2	$5.0M	1.5%	0.00%
16	IncredibleBank	3	$4.9M	1.5%	0.00%
17	Fountainhead SBF LLC	3	$4.4M	1.3%	0.00%
18	Celtic Bank Corporation	5	$3.8M	1.1%	0.00%
19	Chemung Canal Trust Company	24	$3.8M	1.1%	0.00%
20	Byline Bank	3	$3.7M	1.1%	10.66%
21	Empire State Certified Development Corporation	22	$3.7M	1.1%	3.21%
22	Hudson Valley Federal Credit Union	2	$3.5M	1.1%	0.00%
23	Readycap Lending, LLC	11	$3.4M	1.0%	13.26%
24	The Huntington National Bank	10	$3.0M	0.9%	0.00%
25	The MINT National Bank	2	$3.0M	0.9%	0.00%
26	Capital One National Association	4	$2.8M	0.8%	0.00%
27	United Midwest Savings Bank National Association	5	$2.7M	0.8%	0.00%
28	TD Bank, National Association	39	$2.7M	0.8%	13.63%
29	Hana Bank USA National Association	1	$2.5M	0.8%	0.00%
30	Northeast Bank	12	$2.4M	0.7%	0.00%
31	SouthState Bank, National Association	3	$2.1M	0.6%	0.00%
32	The Adirondack Trust Company	19	$2.0M	0.6%	0.00%
33	Ameris Bank	1	$2.0M	0.6%	0.00%
34	Fifth Third Bank	1	$1.8M	0.5%	81.02%
35	The Bank of Princeton	3	$1.7M	0.5%	0.00%
36	Newtek Bank, National Association	12	$1.7M	0.5%	0.00%
37	First Bank of the Lake	3	$1.6M	0.5%	0.00%
38	North Valley Bank	1	$1.6M	0.5%	0.00%
39	NYBDC Local Development Corporation dba Pursuit Community Finance	9	$1.5M	0.5%	0.00%
40	Spring Bank	1	$1.5M	0.5%	0.00%
41	BayFirst National Bank	7	$1.4M	0.4%	0.00%
42	Shoreham Bank	3	$1.2M	0.4%	0.00%
43	First National Bank of Scotia	12	$1.2M	0.4%	0.00%
44	BMO Bank National Association	2	$1.1M	0.3%	0.00%
45	Trustco Bank	7	$1.1M	0.3%	0.00%
46	Grow America Fund, Incorporated	1	$1.0M	0.3%	0.00%
47	Royal Business Bank	1	$787K	0.2%	0.00%
48	Pioneer Bank, National Association	1	$745K	0.2%	0.00%
49	FDIC - Community Bank & Trust-West Georgia	1	$686K	0.2%	0.00%
50	First National Bank of Pennsylvania	2	$661K	0.2%	0.00%
51	Lafayette Square SBLC, LLC	2	$650K	0.2%	83.02%
52	First State Bank Nebraska	1	$624K	0.2%	0.00%
53	Citizens Bank	1	$550K	0.2%	0.00%
54	JPMorgan Chase Bank, National Association	2	$504K	0.2%	0.00%
55	Prism Bank	1	$450K	0.1%	0.00%
56	Evolve Bank and Trust	1	$450K	0.1%	0.00%
57	United Community Bank	1	$415K	0.1%	0.00%
58	Bank of Hope	1	$350K	0.1%	0.00%
59	Broadview Federal Credit Union	1	$350K	0.1%	0.00%
60	Five Star Bank	1	$350K	0.1%	0.00%
61	America First Federal Credit Union	1	$334K	0.1%	0.00%
62	Independence Bank	3	$325K	0.1%	35.40%
63	First Command Bank	1	$312K	0.1%	0.00%
64	CRF Small Business Loan Company, LLC	1	$310K	0.1%	0.00%
65	First-Citizens Bank & Trust Company	1	$308K	0.1%	0.00%
66	HSBC Bank USA National Association	2	$302K	0.1%	0.00%
67	Ballston Spa National Bank	3	$280K	0.1%	0.00%
68	Stearns Bank National Association	2	$216K	0.1%	0.00%
69	Harvest Small Business Finance, LLC	1	$202K	0.1%	0.00%
70	Accion Opportunity Fund Community Development	1	$200K	0.1%	0.00%
71	Old National Bank	1	$200K	0.1%	0.00%
72	Associated Bank National Association	1	$178K	0.1%	0.00%
73	Santander Bank, National Association	2	$150K	0.0%	0.00%
74	U.S. Bank, National Association	1	$50K	0.0%	0.00%
75	Wells Fargo Bank National Association	2	$25K	0.0%	0.00%
76	VelocitySBA, LLC	2	$23K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	175	$85.4M	25.8%
2	Retail trade	115	$31.8M	9.6%
3	Professional & technical services	138	$28.6M	8.6%
4	Health care & social assistance	83	$27.2M	8.2%
5	Other services	86	$25.6M	7.7%
6	Construction	93	$24.2M	7.3%
7	Finance & insurance	38	$17.4M	5.3%
8	Retail trade	45	$12.9M	3.9%
9	Real estate & leasing	24	$12.6M	3.8%
10	Administrative & waste services	42	$11.8M	3.6%
11	Manufacturing	18	$9.9M	3.0%
12	Arts, entertainment & recreation	34	$7.9M	2.4%
13	Wholesale trade	34	$6.9M	2.1%
14	Manufacturing	22	$6.7M	2.0%
15	Transportation & warehousing	18	$6.6M	2.0%
16	Information	30	$5.6M	1.7%
17	Educational services	21	$4.8M	1.5%
18	Manufacturing	17	$4.5M	1.4%
19	Utilities	2	$500K	0.2%
20	Agriculture, forestry & fishing	2	$117K	0.0%
21	Transportation & warehousing	1	$20K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.