Solvay Bank approved 17 SBA loans worth $15.2M between October 2021 and June 2026, ranking #948 of 2,283 SBA lenders nationally by loan count. Its median loan was $350,000, and 65% went to startups or businesses under two years old. It lent in 1 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 | 17 | $15.2M | $350,000 | #88 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 7 | $224,900 | |
| Construction | 4 | $1,642,250 | |
| Retail | 2 | $292,500 | |
| Finance and insurance | 1 | $3,550,000 | |
| Arts, entertainment and recreation | 1 | $50,000 | |
| Real estate and rental | 1 | $550,000 | |
| Professional and technical services | 1 | $400,000 |