SBA 7(a) lenders in Dutchess, NY

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

Lenders

82 institutions have SBA 7(a) loans on record in Dutchess, together $224.9M across 854 loans. Manufacturers and Traders Trust Company is the largest, with 11% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Manufacturers and Traders Trust Company	292	$24.2M	10.8%	1.73%
2	Live Oak Banking Company	14	$20.6M	9.2%	0.00%
3	New York Business Development Corporation	30	$16.1M	7.2%	8.62%
4	TD Bank, National Association	23	$10.2M	4.6%	21.46%
5	Rhinebeck Bank	81	$9.1M	4.0%	3.07%
6	JPMorgan Chase Bank, National Association	66	$8.0M	3.5%	1.01%
7	Byline Bank	4	$6.7M	3.0%	0.00%
8	Hanover Community Bank	3	$6.3M	2.8%	0.00%
9	KeyBank National Association	55	$5.7M	2.5%	4.01%
10	New Millennium Bank	2	$5.3M	2.3%	0.00%
11	FinWise Bank	3	$5.2M	2.3%	0.00%
12	Woori America Bank	2	$5.0M	2.2%	67.38%
13	United Community Bank	2	$4.8M	2.1%	0.00%
14	The MINT National Bank	1	$4.5M	2.0%	0.00%
15	Readycap Lending, LLC	12	$4.5M	2.0%	17.69%
16	Citizens Bank, National Association	24	$4.4M	2.0%	0.22%
17	Beacon Bank and Trust	4	$4.3M	1.9%	0.00%
18	Newtek Small Business Finance, Inc.	12	$4.0M	1.8%	0.00%
19	NewBank	7	$3.7M	1.7%	0.00%
20	First Merchants Bank	2	$3.5M	1.6%	0.00%
21	NBT Bank, National Association	21	$3.5M	1.6%	1.05%
22	Unity Bank	2	$3.5M	1.6%	0.00%
23	Wells Fargo Bank National Association	15	$3.4M	1.5%	1.49%
24	United Midwest Savings Bank National Association	7	$3.4M	1.5%	2.83%
25	The Huntington National Bank	10	$3.1M	1.4%	0.00%
26	Stearns Bank National Association	7	$3.1M	1.4%	0.00%
27	Mid Penn Bank	2	$3.1M	1.4%	0.00%
28	First Internet Bank of Indiana	2	$3.0M	1.3%	0.00%
29	Capital One National Association	1	$2.9M	1.3%	0.00%
30	Bank of Hope	5	$2.7M	1.2%	0.56%
31	The Bank of Princeton	4	$2.6M	1.1%	0.00%
32	Newtek Bank, National Association	12	$2.5M	1.1%	0.00%
33	Pathward National Association	2	$2.2M	1.0%	0.00%
34	Hudson Valley Federal Credit Union	17	$2.2M	1.0%	0.92%
35	Harvest Small Business Finance, LLC	3	$1.8M	0.8%	0.00%
36	Celtic Bank Corporation	5	$1.8M	0.8%	4.66%
37	Banc of California	2	$1.4M	0.6%	0.00%
38	Northeast Bank	10	$1.2M	0.5%	0.00%
39	BayFirst National Bank	7	$1.1M	0.5%	0.00%
40	Citizens Bank	3	$1.1M	0.5%	0.00%
41	Habib American Bank	1	$1.1M	0.5%	0.00%
42	Metro City Bank	2	$1.1M	0.5%	0.00%
43	Tompkins Community Bank	4	$925K	0.4%	0.00%
44	ConnectOne Bank	3	$908K	0.4%	0.00%
45	PromiseOne Bank	1	$900K	0.4%	0.00%
46	First Bank	1	$865K	0.4%	0.00%
47	Hanmi Bank	2	$822K	0.4%	0.00%
48	Simmons Bank	3	$805K	0.4%	0.00%
49	Empire State Bank	3	$804K	0.4%	4.87%
50	Community Capital New York, Inc.	7	$783K	0.3%	0.00%
51	NYBDC Local Development Corporation dba Pursuit Community Finance	4	$750K	0.3%	0.00%
52	PCB Bank	1	$700K	0.3%	0.00%
53	First National Bank of Pennsylvania	1	$623K	0.3%	0.00%
54	U.S. Bank, National Association	1	$612K	0.3%	0.00%
55	Firstrust Savings Bank	1	$580K	0.3%	0.00%
56	Popular Bank	2	$566K	0.3%	0.00%
57	PNC Bank, National Association	2	$537K	0.2%	0.00%
58	First Bank of the Lake	2	$498K	0.2%	0.00%
59	Five Star Bank	1	$464K	0.2%	0.00%
60	Lendistry SBLC, LLC	3	$450K	0.2%	0.00%
61	Poppy Bank	1	$440K	0.2%	0.00%
62	Wilmington Savings Fund Society FSB	1	$437K	0.2%	0.00%
63	TowneBank	1	$393K	0.2%	0.00%
64	Hana Bank USA National Association	1	$350K	0.2%	0.00%
65	Financial Resources Federal Credit Union	1	$350K	0.2%	0.00%
66	Banesco USA	1	$333K	0.1%	0.00%
67	Rondout Savings Bank	2	$313K	0.1%	0.00%
68	Empire State Certified Development Corporation	2	$280K	0.1%	0.00%
69	Bank of America, National Association	3	$252K	0.1%	7.36%
70	North State Bank	1	$230K	0.1%	0.00%
71	Bank Five Nine	1	$212K	0.1%	0.00%
72	Accion Opportunity Fund Community Development	1	$150K	0.1%	0.00%
73	Independence Bank	1	$150K	0.1%	76.97%
74	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$100K	0.0%	0.00%
75	Santander Bank, National Association	1	$100K	0.0%	102.19%
76	Union Savings Bank	2	$88K	0.0%	0.00%
77	Ulster Savings Bank	1	$75K	0.0%	0.00%
78	Citibank, N.A.	2	$73K	0.0%	0.00%
79	Shoreham Bank	1	$50K	0.0%	0.00%
80	VelocitySBA, LLC	6	$43K	0.0%	30.94%
81	HSBC Bank USA National Association	1	$20K	0.0%	0.00%
82	Teachers Federal Credit Union	1	$15K	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	114	$40.0M	17.8%
2	Retail trade	83	$29.9M	13.3%
3	Health care & social assistance	79	$28.8M	12.8%
4	Construction	125	$17.2M	7.6%
5	Other services	95	$16.8M	7.5%
6	Professional & technical services	79	$14.0M	6.2%
7	Manufacturing	15	$11.6M	5.2%
8	Real estate & leasing	18	$11.1M	4.9%
9	Administrative & waste services	40	$8.7M	3.9%
10	Arts, entertainment & recreation	27	$8.4M	3.7%
11	Retail trade	40	$8.3M	3.7%
12	Wholesale trade	39	$7.7M	3.4%
13	Manufacturing	10	$5.6M	2.5%
14	Educational services	15	$4.3M	1.9%
15	Transportation & warehousing	21	$4.3M	1.9%
16	Manufacturing	12	$2.4M	1.1%
17	Finance & insurance	10	$2.3M	1.0%
18	Agriculture, forestry & fishing	11	$1.7M	0.8%
19	Information	15	$1.5M	0.7%
20	Transportation & warehousing	2	$110K	0.0%
21	Utilities	2	$72K	0.0%
22	Public administration	1	$60K	0.0%
23	Management of companies	1	$25K	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.