SHANE PIERSON · SBA DATA
SBA by City · Albany, NY

SBA Lending in Albany, New York

Businesses in Albany, NY have drawn 970 SBA 7(a) loans worth $240M, and annual volume has fallen 48% versus the prior decade.

970
7(a) loans
$240M
Approved dollars
$246,965
Average loan size
#9
Rank in New York
-48%
Annualized vs prior decade
9.4%
Active-loan distress

Albany is the #9 SBA 7(a) market in New York and #203 in the country. Since 1991 lenders have approved 970 loans here worth $240M, averaging $246,965 each. Annual approval volume has fallen 48% between FY2013-2019 and FY2020-2026. 9.4% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.