SBA Loans for Electrical Contractors in New York: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in New York. Based on historical SBA 7(a) lending data.
Total Approvals
386
in New York
Median Loan Size
$100,000
per approval
Recent Activity
29
last 90 days through Dec 2025
NAICS 238 covers electrical contractors businesses. This is a moderately active sector for SBA 7(a) lending with 386 approvals and a median loan size of $100,000.
Key trends & insights
- Electrical Contractors in New York lending is concentrated — Manufacturers AND Traders Trust Company, TD Bank, National Association, Jpmorgan Chase Bank, National Association together account for 61% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 80 approvals (24% market share) and a median loan of $75,000.
- Electrical Contractors in New York loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in New York
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 80 | $75,000 | |
| 2 | 80 | $94,750 | |
| 3 | 42 | $150,000 | |
| 4 | 17 | $85,000 | |
| 5 | 13 | $150,000 | |
| 6 | 11 | $25,000 | |
| 7 | 11 | $85,000 | |
| 8 | 10 | $387,500 | |
| 9 | 10 | $500,000 | |
| 10 | 8 | $98,350 | |
| 11 | 7 | $150,000 | |
| 12 | 6 | $368,700 | |
| 13 | 6 | $180,000 | |
| 14 | 6 | $425,000 | |
| 15 | 6 | $39,400 | |
| 16 | 4 | $129,350 | |
| 17 | 4 | $87,050 | |
| 18 | 4 | $75,000 | |
| 19 | 4 | $95,000 | |
| 20 | 4 | $227,500 |
Recent SBA 7(a) approvals for Electrical Contractors in New York
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Celtic Bank Corporation | PAN*****NC. | MONSEY, NY | $150,000 |
| 2025-11 | Live Oak Banking Company | Bes*****nc. | BROOKLYN, NY | $500,000 |
| 2025-11 | Newtek Bank, National Association | Eas*****LLC | Larchmont, NY | $25,000 |
| 2025-11 | Manufacturers and Traders Trust Company | LAS*****LLC | WATERLOO, NY | $10,000 |
| 2025-11 | Lendistry SBLC, LLC | AT *****LLC | Sea Cliff, NY | $146,000 |
| 2025-11 | Celtic Bank Corporation | TUD*****NC. | Holbrook, NY | $150,000 |
| 2025-11 | Manufacturers and Traders Trust Company | LAS*****LLC | WATERLOO, NY | $40,000 |
| 2025-11 | Newtek Bank, National Association | Eas*****LLC | Larchmont, NY | $150,000 |
| 2025-08 | TD Bank, National Association | E.T*****nc. | BRONX, NY | $45,000 |
| 2025-08 | Tompkins Community Bank | Ian*****LLC | CALEDONIA, NY | $50,000 |
| 2025-08 | Northeast Bank | LAZ*****LLC | BROOKLYN, NY | $350,000 |
| 2025-08 | Heritage Bank Inc | Hon*****Man | QUEENSBURY, NY | $150,000 |
| 2025-08 | TD Bank, National Association | McK*****LLC | NEW CITY, NY | $200,000 |
| 2025-07 | Manufacturers and Traders Trust Company | TEA*****LLC | ENDICOTT, NY | $50,000 |
| 2025-07 | Northeast Bank | PAU*****KEL | Roscoe, NY | $65,000 |
| 2025-06 | ESL FCU | McG*****nc. | ROCHESTER, NY | $50,000 |
| 2025-06 | The Huntington National Bank | Tre*****any | ELLENVILLE, NY | $75,000 |
| 2025-06 | TD Bank, National Association | Sco*****nc. | SMITHTOWN, NY | $15,000 |
| 2025-06 | The Huntington National Bank | Tre*****any | ELLENVILLE, NY | $676,000 |
| 2025-06 | TD Bank, National Association | L&V*****orp | SEAFORD, NY | $190,000 |
| 2025-06 | Northeast Bank | Phd*****orp | Baldwin, NY | $250,000 |
| 2025-06 | BayFirst National Bank | PIP*****INC | BROOKLYN, NY | $150,000 |
| 2025-06 | Northeast Bank | Fer*****rp. | Bellerose, NY | $50,000 |
| 2025-06 | Manufacturers and Traders Trust Company | RMS*****LLC | ROCHESTER, NY | $25,000 |
| 2025-06 | TD Bank, National Association | BK***LLC | SYRACUSE, NY | $100,000 |
| 2025-06 | JPMorgan Chase Bank, National Association | THO*****INC | BOHEMIA, NY | $250,000 |
| 2025-06 | Manufacturers and Traders Trust Company | OST*****LLC | HURLEYVILLE, NY | $25,000 |
| 2025-06 | Hanmi Bank | EAS*****NC. | DUANESBURG, NY | $170,000 |
| 2025-06 | TD Bank, National Association | BK***LLC | SYRACUSE, NY | $1,619,000 |
| 2025-05 | Manufacturers and Traders Trust Company | THR*****LLC | PHOENIX, NY | $15,000 |
| 2025-05 | Readycap Lending, LLC | Dem****eam | BROOKLYN, NY | $500,000 |
| 2025-05 | Readycap Lending, LLC | PIN*****RP. | BROOKLYN, NY | $500,000 |
| 2025-05 | Webster Bank National Association | Sto*****LLC | SOUTH CAIRO, NY | $500,000 |
| 2025-05 | Readycap Lending, LLC | S&Z*****INC | BROOKLYN, NY | $500,000 |
| 2025-05 | The Canandaigua National Bank and Trust Company | FOU*****LLC | VICTOR, NY | $600,000 |
| 2025-04 | KeyBank National Association | Lux*****nc. | Airmont, NY | $75,000 |
| 2025-03 | Celtic Bank Corporation | PRO*****RP. | MANORVILLE, NY | $150,000 |
| 2025-03 | JPMorgan Chase Bank, National Association | 85-*****LLC | RONKONKOMA, NY | $960,000 |
| 2025-03 | TD Bank, National Association | ASG*****nts | PEARL RIVER, NY | $10,000 |
| 2025-03 | JPMorgan Chase Bank, National Association | M &*****LTD | MAMARONECK, NY | $300,000 |
| 2025-03 | Five Star Bank | Sou*****LLC | EAST AMHERST, NY | $582,200 |
| 2025-03 | Five Star Bank | Res*****LLC | SPENCERPORT, NY | $132,000 |
| 2025-03 | FinWise Bank | Woo*****LLC | Liberty, NY | $1,000,000 |
| 2025-03 | BayFirst National Bank | MDE*****ING | TOMKINS COVE, NY | $150,000 |
| 2025-03 | Arrow Bank National Association | J &*****LLC | PLATTSBURGH, NY | $50,000 |
| 2025-03 | Webster Bank National Association | Lib*****nc. | PLAINVIEW, NY | $500,000 |
| 2025-03 | Arrow Bank National Association | 4F *****LLC | SCHENECTADY, NY | $450,000 |
| 2025-03 | JPMorgan Chase Bank, National Association | NIK*****RP. | FLUSHING, NY | $500,000 |
| 2025-03 | Five Star Bank | Bri*****Inc | CONESUS, NY | $10,000 |
| 2025-03 | ESL FCU | MS *****RP. | PITTSFORD, NY | $85,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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