Empire State Certified Development approved 1,184 SBA loans worth $1.4B between October 2021 and June 2026, ranking #37 of 2,283 SBA lenders nationally by loan count. Its median loan was $740,500, and 18% went to startups or businesses under two years old. It lent in 5 states, most often in New York, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 863 | $981.9M | $677,000 | #6 |
| Pennsylvania | 178 | $208.4M | $749,500 | #16 |
| New Jersey | 141 | $224.9M | $1,112,000 | #15 |
| California | 1 | $2.7M | $2,660,000 | #273 |
| Tennessee | 1 | $2.0M | $2,033,000 | #193 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 199 | $797,000 | |
| Retail | 146 | $865,500 | |
| Other services (repair, personal care) | 133 | $534,000 | |
| Health care and social assistance | 119 | $617,000 | |
| Wholesale trade | 102 | $1,219,000 | |
| Construction | 99 | $836,000 | |
| Manufacturing | 99 | $1,206,000 | |
| Professional and technical services | 89 | $516,000 | |
| Arts, entertainment and recreation | 68 | $871,000 | |
| Administrative and support services | 28 | $453,000 |