# Buying a Business in New York: SBA Lending

Change-of-ownership SBA 7(a) approvals in New York, FY2020 through FY2025. Every figure is read from SBA 7(a) FOIA loan-level dataset (as of June 30, 2026).

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Source: https://searchspheresource.com/data/acquisition-lending/new-york
Last checked: 2026-10-02

## The Numbers

- Loans since FY2020: 1,092, $1,119,624,300 approved in total
- FY2025 loans: 233, $266,289,300 approved
- Median loan: $597,000
- Share of national acquisition lending: 3.1%

## The Most Active Lenders in New York

Ranked by change-of-ownership loans written in the covered years. A bank high here is a bank that has already said yes to this kind of deal in this state.

1. Manufacturers and Traders Trust Company: 166 loans
2. Live Oak Banking Company: 122 loans
3. New York Business Development Corporation: 46 loans
4. Five Star Bank: 32 loans
5. NBT Bank, National Association: 32 loans

## What Gets Financed in New York

- Beer, Wine, and Liquor Retailers: 91 loans
- Limited-Service Restaurants: 47 loans
- Full-Service Restaurants: 38 loans
- Insurance Agencies and Brokerages: 29 loans
- Hotels (except Casino Hotels) and Motels: 27 loans

## Method and Source

- SBA 7(a) FOIA loan-level dataset (as of June 30, 2026): https://data.sba.gov/dataset/7a-504-foia
- Coverage: FY2020 through FY2025
- Segment: SBA 7(a) approvals with BusinessAge "Change of Ownership"

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