New York
Top SBA lenders in Bronx
Businesses in the Bronx area have received $732M across 1,536 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Bronx | Rating |
|---|---|---|---|
| 1 | NewBank | $139M | 4.2(16) |
| 2 | Empire State Certified Development Corporation | $83M | 3.0(2) |
| 3 | Bank of Hope | $50M | 3.1(21) |
| 4 | JPMorgan Chase Bank, National Association | $44M | 4.3(144) |
| 5 | TD Bank, National Association | $44M | 3.0(38) |
| 6 | The Bank of Princeton | $36M | 4.4(23) |
| 7 | Business Initiative Corporation of New York | $34M | No Google rating yet |
| 8 | New Millennium Bank | $24M | 4.2(13) |
| 9 | Webster Bank National Association | $22M | 1.5(23) |
| 10 | Hanover Community Bank | $20M | 2.9(11) |
| 11 | Metro City Bank | $19M | 3.2(11) |
| 12 | Live Oak Banking Company | $16M | 3.4(145) |
| 13 | Hanmi Bank | $16M | 3.0(17) |
| 14 | Manufacturers and Traders Trust Company | $16M | 2.6(24) |
| 15 | Citibank, N.A. | $15M | 1.6(77) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all New York SBA lenders →
SBA lenders in Bronx — common questions
Which SBA lender is most active in Bronx?
NewBank has approved the most SBA 7(a) & 504 funding for Bronx-area businesses — $139M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Bronx businesses received?
Businesses in the Bronx area have received $732M across 1,536 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Bronx?
No. SBA loans are federal, so a national or out-of-state lender can fund your Bronx business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Bronx SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Bronx area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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