37 SBA loans worth $10.8M went to businesses in Niagara Falls, NY between October 2021 and June 2026, from 15 lenders. Manufacturers and Traders Trust made the most, 14 loans. The median loan was $50,000, compared with $150,000 across New York, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 14 | $886K | $50,000 | 21% |
| 2 | KeyBank Bank · Cleveland, OH | 5 | $368K | $49,500 | 100% |
| 3 | Northeast Bank Bank · Portland, ME | 3 | $317K | $50,000 | 0% |
| 4 | Business Initiative Corporation of New York Certified development company · Bronx, NY | 2 | $5.9M | $2,957,000 | 0% |
| 5 | Northwest Bank Bank · Warren, PA | 2 | $558K | $279,000 | 0% |
| 6 | Tompkins Community Bank Bank · Ithaca, NY | 2 | $250K | $125,000 | 100% |
| 7 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $648K | $648,000 | 0% |
| 8 | Newtek Bank Bank · Miami, FL | 1 | $500K | $500,000 | 0% |
| 9 | Citizens Bank Bank · Elizabethton, TN | 1 | $500K | $499,900 | 0% |
| 10 | Empire State Certified Development Certified development company · Latham, NY | 1 | $336K | $336,000 | 100% |
| 11 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $233K | $232,700 | 0% |
| 12 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $64K | $64,000 | 0% |
| 14 | Upstate National Bank Bank · Ogdensburg, NY | 1 | $50K | $50,000 | 0% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $47K | $47,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 8 | $134,500 | Business Initiative Corporation of New York | |
| Construction | 6 | $153,850 | Manufacturers and Traders Trust | |
| Administrative and support services | 5 | $29,000 | Manufacturers and Traders Trust | |
| Retail | 3 | $90,000 | Northwest Bank | |
| Transportation and warehousing | 3 | $40,000 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 2 | $44,450 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 2 | $48,500 | Upstate National Bank | |
| Manufacturing | 2 | $156,750 | BayFirst National Bank |