SBA Loans for Data Processing in New York: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in New York. Based on historical SBA 7(a) lending data.
Total Approvals
10
in New York
Median Loan Size
$150,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $150,000.
Key trends & insights
- Data Processing in New York lending is concentrated — TD Bank, National Association, Newtek Bank, National Association, Jpmorgan Chase Bank, National Association together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 2 approvals (20% market share) and a median loan of $14,000.
- Data Processing in New York loans skew smaller than the SBA average at $150,000 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 Data Processing in New York
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $14,000 | |
| 2 | 2 | $100,000 | |
| 3 | 2 | $192,500 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $300,000 | |
| 6 | 1 | $350,000 | |
| 7 | 1 | $150,000 |
Recent SBA 7(a) approvals for Data Processing in New York
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | BayFirst National Bank | DAT*****INC | BROOKLYN, NY | $150,000 |
| 2025-02 | Newtek Bank, National Association | Dyn*****Inc | LONG ISLAND CITY, NY | $150,000 |
| 2025-01 | Newtek Bank, National Association | M P*****LLC | OCEANSIDE, NY | $50,000 |
| 2024-12 | Lendistry SBLC, LLC | LEG*****NC. | New York, NY | $300,000 |
| 2024-08 | JPMorgan Chase Bank, National Association | Big*****Inc | NEW YORK, NY | $100,000 |
| 2024-04 | Heritage Bank Inc | VEL*****INC | JERICHO, NY | $150,000 |
| 2024-01 | TD Bank, National Association | Der*****LLC | HOLBROOK, NY | $25,000 |
| 2022-08 | FinWise Bank | The*****Inc | Monroe, NY | $350,000 |
| 2022-07 | JPMorgan Chase Bank, National Association | Int*****LLC | NAPLES, NY | $285,000 |
| 2022-01 | TD Bank, National Association | Bor*****llc | BROOKLYN, NY | $3,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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