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SBA lenders in Long Island City, NY

SBA 7(a) and 504 loans to businesses in Long Island City (Queens County), October 2021 to June 30, 2026 · Updated October 15, 2026
144
SBA loans approved
$91.3M
Total approved
$225,000
Median loan
40
Lenders active
18%
To startups

144 SBA loans worth $91.3M went to businesses in Long Island City, NY between October 2021 and June 2026, from 40 lenders. TD Bank made the most, 28 loans. The median loan was $225,000, compared with $150,000 across New York, and construction was the most financed industry.

Most active SBA lenders in Long Island City

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
28$6.9M$64,00021%
2JPMorgan Chase Bank
Bank · Columbus, OH
17$3.7M$153,0000%
3Newtek Bank
Bank · Miami, FL
10$5.5M$150,00010%
4Northeast Bank
Bank · Portland, ME
10$3.0M$300,0000%
5Empire State Certified Development
Certified development company · Latham, NY
9$22.6M$2,346,0000%
6Huntington National Bank
Bank · Columbus, OH
8$3.4M$415,0000%
7Manufacturers and Traders Trust
Bank · Buffalo, NY
6$1.8M$67,50050%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$536K$73,5000%
9Bank of America
Bank · Charlotte, NC
4$1.8M$458,3500%
10Lendistry SBLC
Non-bank lender · Los Angeles, CA
4$1.2M$300,0000%
11BayFirst National Bank
Bank · St. Petersburg, FL
4$523K$148,0000%
12NewBank
Bank · Flushing, NY
3$1.5M$400,000100%
13Celtic Bank
Bank · Salt Lake City, UT
3$450K$150,0000%
14Live Oak Banking
Bank · Wilmington, NC
2$5.5M$2,750,00050%
15First American Bank
Bank · Elk Grove Village, IL
2$4.0M$2,000,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Long Island City. For 504 loans the lender shown is the certified development company.

What gets financed in Long Island City

IndustryLoansShareMedian loanMost active lender
Construction25
17%
$350,000TD Bank
Restaurants and hotels22
15%
$300,000TD Bank
Other services (repair, personal care)20
14%
$150,000Huntington National Bank
Manufacturing14
10%
$300,000Readycap Lending
Retail13
9%
$150,000JPMorgan Chase Bank
Wholesale trade13
9%
$150,000First American Bank
Arts, entertainment and recreation7
5%
$400,000JPMorgan Chase Bank
Professional and technical services7
5%
$153,000JPMorgan Chase Bank
Loan size mix
  • Under $150,00036%
  • $150,000 to $500,00034%
  • $500,000 to $2 million20%
  • $2 million and up10%
Compared with New York
Median loan, Long Island City
$225,000
Median loan, New York
$150,000
Startup share, Long Island City
18%
Startup share, New York
25%
Share of state's SBA loans
0.7%

SBA loans per fiscal year in Long Island City

0173350FY14: 24 loansFY14FY15: 26 loansFY15FY16: 24 loansFY16FY17: 44 loansFY1744FY18: 23 loansFY18FY19: 25 loansFY19FY20: 18 loansFY20FY21: 25 loansFY21FY22: 29 loansFY22FY23: 29 loansFY23FY24: 31 loansFY24FY25: 34 loansFY25FY26 (Oct to Jun): 21 loansFY2621
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.