SBA 7(a) lenders in Essex, NY

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

Lenders

33 institutions have SBA 7(a) loans on record in Essex, together $41.9M across 123 loans. T Bank, National Association is the largest, with 12% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	T Bank, National Association	1	$5.0M	11.9%	0.00%
2	Live Oak Banking Company	2	$4.8M	11.4%	0.00%
3	The Huntington National Bank	3	$4.2M	10.1%	0.00%
4	New York Business Development Corporation	8	$3.3M	7.8%	0.00%
5	Hanover Community Bank	4	$3.1M	7.5%	0.00%
6	First Bank of the Lake	2	$3.0M	7.2%	0.00%
7	NBT Bank, National Association	18	$2.3M	5.5%	0.00%
8	Harvest Small Business Finance, LLC	1	$2.2M	5.1%	0.00%
9	ConnectOne Bank	1	$1.9M	4.4%	0.00%
10	Newtek Small Business Finance, Inc.	2	$1.7M	4.1%	0.00%
11	Arrow Bank National Association	27	$1.3M	3.1%	0.00%
12	United Midwest Savings Bank National Association	1	$1.1M	2.7%	0.00%
13	Beacon Bank and Trust	5	$1.1M	2.6%	0.00%
14	Community Bank, National Association	8	$918K	2.2%	3.67%
15	SeaComm Federal Credit Union	1	$845K	2.0%	0.00%
16	Cross River Bank	1	$700K	1.7%	0.00%
17	Northeast Bank	2	$614K	1.5%	0.00%
18	TD Bank, National Association	11	$566K	1.4%	4.33%
19	Shoreham Bank	1	$475K	1.1%	0.00%
20	Wells Fargo Bank National Association	2	$428K	1.0%	0.00%
21	Gulf Coast Bank and Trust Company	1	$379K	0.9%	0.00%
22	KeyBank National Association	6	$370K	0.9%	0.00%
23	Empire State Certified Development Corporation	1	$350K	0.8%	0.00%
24	JPMorgan Chase Bank, National Association	1	$300K	0.7%	0.00%
25	Manufacturers and Traders Trust Company	1	$215K	0.5%	0.00%
26	Banc of California	1	$175K	0.4%	0.00%
27	Celtic Bank Corporation	1	$150K	0.4%	0.00%
28	Newtek Bank, National Association	1	$150K	0.4%	0.00%
29	Citizens Bank	2	$116K	0.3%	0.00%
30	HSBC Bank USA National Association	2	$70K	0.2%	0.00%
31	The Adirondack Trust Company	2	$50K	0.1%	0.00%
32	Adirondack Bank	1	$21K	0.1%	0.00%
33	VelocitySBA, LLC	2	$18K	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	39	$20.9M	50.0%
2	Retail trade	9	$4.8M	11.5%
3	Real estate & leasing	2	$4.8M	11.4%
4	Retail trade	7	$3.5M	8.4%
5	Arts, entertainment & recreation	7	$1.5M	3.6%
6	Other services	5	$1.3M	3.1%
7	Construction	16	$1.1M	2.6%
8	Wholesale trade	3	$1.0M	2.4%
9	Health care & social assistance	8	$759K	1.8%
10	Administrative & waste services	7	$696K	1.7%
11	Manufacturing	3	$645K	1.5%
12	Agriculture, forestry & fishing	5	$241K	0.6%
13	Professional & technical services	4	$191K	0.5%
14	Manufacturing	2	$182K	0.4%
15	Transportation & warehousing	2	$163K	0.4%
16	Transportation & warehousing	3	$66K	0.2%
17	Finance & insurance	1	$10K	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.