SBA 7(a) lenders in Richmond, NY

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

Lenders

93 institutions have SBA 7(a) loans on record in Richmond, together $321.9M across 1,068 loans. TD Bank, National Association is the largest, with 11% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	TD Bank, National Association	323	$35.1M	10.9%	5.08%
2	NewBank	19	$34.4M	10.7%	4.99%
3	JPMorgan Chase Bank, National Association	155	$17.7M	5.5%	4.17%
4	Empire State Bank	17	$16.1M	5.0%	0.77%
5	The Bank of Princeton	11	$13.7M	4.3%	0.00%
6	Wells Fargo Bank National Association	16	$11.0M	3.4%	9.13%
7	Provident Bank	14	$10.7M	3.3%	0.81%
8	Bank of Hope	15	$9.5M	3.0%	0.19%
9	First National Bank of Pennsylvania	3	$9.4M	2.9%	0.00%
10	Northeast Bank	24	$8.9M	2.8%	5.38%
11	Santander Bank, National Association	99	$7.8M	2.4%	2.45%
12	Banc of California	3	$7.7M	2.4%	0.00%
13	Metro City Bank	4	$7.6M	2.4%	0.00%
14	Newtek Small Business Finance, Inc.	15	$7.1M	2.2%	0.00%
15	BayFirst National Bank	20	$6.6M	2.1%	0.00%
16	Manufacturers and Traders Trust Company	65	$6.5M	2.0%	5.95%
17	BCB Community Bank	8	$6.0M	1.9%	0.00%
18	Readycap Lending, LLC	15	$5.5M	1.7%	0.00%
19	Newtek Bank, National Association	20	$4.3M	1.3%	0.00%
20	Citizens Bank	3	$4.2M	1.3%	3.39%
21	Hana Bank USA National Association	8	$3.9M	1.2%	3.05%
22	Hanmi Bank	9	$3.9M	1.2%	10.76%
23	Peapack Private Bank and Trust	3	$3.7M	1.2%	0.00%
24	Hanover Community Bank	3	$3.2M	1.0%	0.00%
25	BankUnited, National Association	1	$3.0M	0.9%	0.00%
26	Beacon Bank and Trust	1	$3.0M	0.9%	0.00%
27	Stearns Bank National Association	6	$3.0M	0.9%	8.95%
28	OceanFirst Bank, National Association	3	$2.7M	0.8%	0.00%
29	Cross River Bank	2	$2.7M	0.8%	0.00%
30	East West Bank	3	$2.6M	0.8%	0.00%
31	Independence Bank	5	$2.6M	0.8%	5.26%
32	Bank of America, National Association	9	$2.5M	0.8%	6.92%
33	Unity Bank	1	$2.4M	0.7%	0.00%
34	PCB Bank	4	$2.3M	0.7%	0.00%
35	Citibank, N.A.	11	$2.2M	0.7%	0.00%
36	Hyperion Bank	2	$2.1M	0.6%	0.00%
37	United Community Bank	2	$2.1M	0.6%	0.00%
38	Live Oak Banking Company	7	$2.0M	0.6%	0.00%
39	Columbia Bank	1	$1.9M	0.6%	0.00%
40	Ameris Bank	1	$1.9M	0.6%	0.00%
41	Grow America Fund, Incorporated	2	$1.9M	0.6%	2.12%
42	Simmons Bank	5	$1.8M	0.6%	0.00%
43	Ponce Bank National Association	1	$1.8M	0.6%	0.00%
44	Dime Commercial Bank	5	$1.6M	0.5%	0.00%
45	Gulf Coast Bank and Trust Company	1	$1.6M	0.5%	0.00%
46	First Bank of the Lake	2	$1.5M	0.5%	0.00%
47	New Millennium Bank	4	$1.4M	0.4%	0.00%
48	The Huntington National Bank	4	$1.3M	0.4%	0.00%
49	Northfield Bank	1	$1.3M	0.4%	0.00%
50	Happen Bank	3	$1.2M	0.4%	25.76%
51	First Business Bank	2	$1.2M	0.4%	0.00%
52	Celtic Bank Corporation	10	$1.2M	0.4%	11.41%
53	New York Business Development Corporation	5	$1.1M	0.4%	0.00%
54	PNC Bank, National Association	4	$1.1M	0.3%	4.67%
55	Shoreham Bank	2	$1.0M	0.3%	0.00%
56	CIBC Bank USA	2	$995K	0.3%	0.00%
57	First Bank	1	$968K	0.3%	0.00%
58	First Bank of Central Ohio	1	$965K	0.3%	0.00%
59	Capital One National Association	6	$962K	0.3%	9.63%
60	Lendistry SBLC, LLC	5	$956K	0.3%	0.00%
61	Shinhan Bank America	3	$820K	0.3%	0.00%
62	Coastal States Bank	1	$807K	0.3%	0.00%
63	Valley National Bank	1	$806K	0.3%	0.00%
64	Somerset Regal Bank	1	$750K	0.2%	0.00%
65	Commonwealth Business Bank	1	$680K	0.2%	0.00%
66	Webster Bank National Association	2	$591K	0.2%	0.00%
67	Grasshopper Bank National Association	1	$590K	0.2%	0.00%
68	FinWise Bank	3	$561K	0.2%	17.28%
69	Colony Bank	4	$519K	0.2%	0.00%
70	Citizens Bank, National Association	3	$473K	0.1%	0.00%
71	United Midwest Savings Bank National Association	3	$450K	0.1%	51.23%
72	Magyar Bank	1	$404K	0.1%	0.00%
73	Empire State Certified Development Corporation	3	$400K	0.1%	0.00%
74	Fulton Bank, National Association	2	$400K	0.1%	63.76%
75	Woori America Bank	1	$400K	0.1%	0.00%
76	Seacoast National Bank	1	$350K	0.1%	0.00%
77	Firstrust Savings Bank	1	$343K	0.1%	0.00%
78	Five Star Bank	1	$335K	0.1%	0.00%
79	The Honesdale National Bank	1	$330K	0.1%	0.00%
80	Popular Bank	5	$309K	0.1%	17.39%
81	First Bank	1	$270K	0.1%	0.00%
82	Heritage Bank Inc	2	$255K	0.1%	0.00%
83	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$250K	0.1%	0.00%
84	Community Capital New York, Inc.	1	$200K	0.1%	0.00%
85	Accompany Capital	1	$200K	0.1%	0.00%
86	HSBC Bank USA National Association	3	$175K	0.1%	0.00%
87	VelocitySBA, LLC	16	$155K	0.0%	42.30%
88	First Merchants Bank	1	$150K	0.0%	0.00%
89	Pentagon FCU	1	$100K	0.0%	0.00%
90	First Commonwealth Bank	1	$50K	0.0%	0.00%
91	Kearny Bank	1	$50K	0.0%	0.00%
92	CDC Small Business Finance Corp.	1	$50K	0.0%	0.00%
93	Lower East Side People's Federal Credit Union	1	$8K	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	133	$55.1M	17.1%
2	Retail trade	109	$53.5M	16.6%
3	Health care & social assistance	98	$41.3M	12.8%
4	Other services	98	$31.1M	9.7%
5	Wholesale trade	72	$23.7M	7.4%
6	Construction	158	$23.3M	7.3%
7	Professional & technical services	110	$22.9M	7.1%
8	Arts, entertainment & recreation	34	$18.1M	5.6%
9	Retail trade	52	$11.2M	3.5%
10	Transportation & warehousing	47	$11.0M	3.4%
11	Administrative & waste services	47	$7.9M	2.4%
12	Real estate & leasing	26	$6.6M	2.1%
13	Manufacturing	11	$4.5M	1.4%
14	Educational services	22	$3.3M	1.0%
15	Manufacturing	15	$2.9M	0.9%
16	Information	9	$2.2M	0.7%
17	Finance & insurance	12	$1.8M	0.6%
18	Manufacturing	10	$1.2M	0.4%
19	Transportation & warehousing	5	$250K	0.1%

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.