SBA 7(a) lenders in Schoharie, NY
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
18 institutions have SBA 7(a) loans on record in Schoharie, together $29.6M across 49 loans. The Bank of Princeton is the largest, with 38% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | The Bank of Princeton | 3 | $11.3M | 38.2% | 0.00% |
| 2 | Live Oak Banking Company | 2 | $5.3M | 17.7% | 0.00% |
| 3 | New York Business Development Corporation | 6 | $3.5M | 11.9% | 0.00% |
| 4 | New Millennium Bank | 1 | $2.4M | 8.1% | 0.00% |
| 5 | Celtic Bank Corporation | 1 | $1.6M | 5.5% | 0.00% |
| 6 | KeyBank National Association | 15 | $1.5M | 5.1% | 0.00% |
| 7 | Ballston Spa National Bank | 1 | $1.1M | 3.6% | 0.00% |
| 8 | NBT Bank, National Association | 8 | $972K | 3.3% | 0.00% |
| 9 | Beacon Bank and Trust | 1 | $815K | 2.8% | 0.00% |
| 10 | Newtek Bank, National Association | 3 | $300K | 1.0% | 0.00% |
| 11 | The Bank of Bennington | 1 | $204K | 0.7% | 0.00% |
| 12 | BayFirst National Bank | 1 | $150K | 0.5% | 0.00% |
| 13 | United Midwest Savings Bank National Association | 1 | $150K | 0.5% | 0.00% |
| 14 | TD Bank, National Association | 1 | $100K | 0.3% | 90.88% |
| 15 | Wayne Bank | 1 | $100K | 0.3% | 0.00% |
| 16 | Northeast Bank | 1 | $98K | 0.3% | 0.00% |
| 17 | Citizens Bank, National Association | 1 | $50K | 0.2% | 0.00% |
| 18 | Manufacturers and Traders Trust Company | 1 | $20K | 0.1% | 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 | Arts, entertainment & recreation | 2 | $8.5M | 28.7% |
| 2 | Accommodation & food services | 14 | $8.4M | 28.3% |
| 3 | Real estate & leasing | 2 | $5.3M | 17.7% |
| 4 | Manufacturing | 4 | $2.9M | 9.6% |
| 5 | Health care & social assistance | 1 | $1.6M | 5.5% |
| 6 | Other services | 6 | $1.2M | 4.0% |
| 7 | Wholesale trade | 2 | $360K | 1.2% |
| 8 | Manufacturing | 3 | $358K | 1.2% |
| 9 | Retail trade | 4 | $257K | 0.9% |
| 10 | Retail trade | 2 | $250K | 0.8% |
| 11 | Administrative & waste services | 2 | $250K | 0.8% |
| 12 | Construction | 4 | $170K | 0.6% |
| 13 | Transportation & warehousing | 1 | $98K | 0.3% |
| 14 | Professional & technical services | 1 | $75K | 0.3% |
| 15 | Agriculture, forestry & fishing | 1 | $15K | 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.