28 SBA loans worth $4.4M went to businesses in Elmira, NY between October 2021 and June 2026, from 12 lenders. First Heritage Federal Credit Union made the most, 8 loans. The median loan was $128,100, compared with $150,000 across New York, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | First Heritage Federal Credit Union Credit union · Corning, NY | 8 | $1.2M | $138,250 | 88% |
| 2 | Chemung Canal Trust Bank · Elmira, NY | 6 | $654K | $128,100 | 0% |
| 3 | Five Star Bank Bank · Rochester, NY | 4 | $500K | $37,500 | 0% |
| 4 | Newtek Bank Bank · Miami, FL | 2 | $400K | $200,000 | 0% |
| 5 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $632K | $632,500 | 100% |
| 6 | New York Business Development Non-bank lender · Latham, NY | 1 | $500K | $500,000 | 100% |
| 7 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 8 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| 9 | Citizens & Northern Bank Bank · Wellsboro, PA | 1 | $90K | $90,000 | 0% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $50K | $50,000 | 0% |
| 11 | Bank of America Bank · Charlotte, NC | 1 | $50K | $50,000 | 100% |
| 12 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $25K | $25,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 10 | $115,600 | First Heritage Federal Credit Union | |
| Retail | 4 | $37,500 | Five Star Bank | |
| Arts, entertainment and recreation | 3 | $200,000 | Newtek Bank | |
| Transportation and warehousing | 3 | $190,500 | First Heritage Federal Credit Union | |
| Administrative and support services | 2 | $66,500 | First Heritage Federal Credit Union | |
| Other services (repair, personal care) | 2 | $105,500 | First Heritage Federal Credit Union | |
| Wholesale trade | 2 | $150,000 | Celtic Bank | |
| Health care and social assistance | 1 | $632,500 | Wells Fargo Bank |