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Buying a Business in New York

What SBA acquisition lending actually looks like in New York, from loan-level government data.

FY2025 Acquisition Loans

233

$266.3M approved

Median Loan

$597,000

FY2020 through FY2025

Loans Since FY2020

1,092

$1.12B in total approvals

Share of U.S. Activity

3.1%

Of change-of-ownership loans

Most Active Acquisition Lenders in New York

  1. 1. Manufacturers and Traders Trust Company166 loans
  2. 2. Live Oak Banking Company122 loans
  3. 3. New York Business Development Corporation46 loans
  4. 4. Five Star Bank32 loans
  5. 5. NBT Bank, National Association32 loans

A lender being active in New York does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.

What Gets Bought in New York

  • Limited-Service Restaurants47 loans
  • Beer, Wine, and Liquor Stores39 loans
  • Full-Service Restaurants38 loans
  • Insurance Agencies and Brokerages29 loans
  • Hotels (except Casino Hotels) and Motels27 loans

Industry-specific pricing and diligence live in the Industry Buy Guides.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a New York project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.