SBA Loans for Data Processing in New York: Top Lenders

NAICS 518

NAICS 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.
  • SBA data for this industry goes through 2025-02-27 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Data Processing in New York

#LenderApprovalsMedian Size
12$14,000
22$100,000
32$192,500
41$150,000
51$300,000
61$350,000
71$150,000

Recent SBA 7(a) approvals for Data Processing in New York

MonthLenderBorrowerAmount
2025-04The Bancorp Bank National AssociationSpa*****nc.$1,197,600
2025-02BayFirst National BankDAT*****INC$150,000
2025-02Manufacturers and Traders Trust CompanyFIB*****NC.$85,000
2025-02Newtek Bank, National AssociationDyn*****Inc$150,000
2025-01Newtek Bank, National AssociationM P*****LLC$50,000
2024-12Lendistry SBLC, LLCLEG*****NC.$300,000
2024-09JPMorgan Chase Bank, National Association4UR*****LLC$40,000
2024-08Northeast BankVEL*****INC$250,000
2024-08JPMorgan Chase Bank, National AssociationBig*****Inc$100,000
2024-06Newtek Bank, National AssociationVEN*****NC.$100,000
2024-04Heritage Bank IncVEL*****INC$150,000
2024-01TD Bank, National AssociationDer*****LLC$25,000
2023-10TD Bank, National AssociationDia*****LLC$250,000
2023-10Bank of America, National AssociationEnv*****LLC$250,000
2023-10TD Bank, National AssociationDia*****LLC$250,000
2023-07Manufacturers and Traders Trust CompanyDig*****LLC$200,000
2023-06TD Bank, National AssociationClo*****nc.$100,000
2022-08ESL FCUWEB*****LLC$150,000
2022-08FinWise BankThe*****Inc$350,000
2022-07JPMorgan Chase Bank, National AssociationInt*****LLC$285,000
2022-01TD Bank, National AssociationBor*****llc$3,000
2021-06Genesee Regional BankINN*****TD.$2,700,000
2021-02Capital Bank, National AssociationSig*****nc.$150,000
2021-02ConnectOne BankSin*****ion$452,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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