SBA Loans for Electrical Contractors in New York: Top Lenders
NAICS 238NAICS 238 covers plumbing, heating, and air-conditioning 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 plumbing, heating, and air-conditioning 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 | Manufacturers and Traders Trust Company | Exc*****Inc | MONSEY, NY | $215,000 |
| 2025-12 | Manufacturers and Traders Trust Company | DAS*****INC | WEST ISLIP, NY | $225,000 |
| 2025-12 | Northeast Bank | Tod*****ady | Whitney Point, NY | $55,000 |
| 2025-12 | Celtic Bank Corporation | PAN*****NC. | MONSEY, NY | $150,000 |
| 2025-12 | Manufacturers and Traders Trust Company | Eli*****LLC | EAST BETHANY, NY | $25,000 |
| 2025-12 | Manufacturers and Traders Trust Company | JPM*****RP. | STATEN ISLAND, NY | $60,000 |
| 2025-12 | Lendistry SBLC, LLC | TWO*****NC. | Brooklyn, NY | $277,000 |
| 2025-12 | Chemung Canal Trust Company | GLA*****LLC | MECHANICVILLE, NY | $210,000 |
| 2025-12 | TD Bank, National Association | Yan*****rp. | NEW CITY, NY | $250,000 |
| 2025-12 | Newtek Bank, National Association | ALR*****LLC | New York, NY | $650,000 |
| 2025-12 | Northeast Bank | PAU*****KEL | ROSCOE, NY | $22,200 |
| 2025-12 | Flushing Bank | HES*****NC. | LONG ISLAND CITY, NY | $500,000 |
| 2025-12 | FinWise Bank | D &*****orp | Brooklyn, NY | $350,000 |
| 2025-12 | Manufacturers and Traders Trust Company | SPA*****NC. | EAST AURORA, NY | $25,000 |
| 2025-12 | Manufacturers and Traders Trust Company | S. *****INC | EAST SETAUKET, NY | $100,000 |
| 2025-11 | Manufacturers and Traders Trust Company | CHR*****ING | ELLICOTTVILLE, NY | $50,000 |
| 2025-11 | Newtek Bank, National Association | The*****orp | Bronx, NY | $25,000 |
| 2025-11 | Five Star Bank | Dab*****LLC | SARDINIA, NY | $23,900 |
| 2025-11 | Manufacturers and Traders Trust Company | ALR*****LLC | ARCADE, NY | $10,000 |
| 2025-11 | Harvest Small Business Finance, LLC | Pow*****LLC | WOODHAVEN, NY | $1,125,000 |
| 2025-11 | The Huntington National Bank | Cut*****LLC | HOLTSVILLE, NY | $3,113,000 |
| 2025-11 | The Huntington National Bank | Cut*****LLC | HOLTSVILLE, NY | $400,000 |
| 2025-11 | Manufacturers and Traders Trust Company | LOR*****ORP | CENTER MORICHES, NY | $100,000 |
| 2025-11 | Valley National Bank | OM *****RP. | JAMAICA, NY | $861,000 |
| 2025-11 | TD Bank, National Association | ALL*****NC. | SHIRLEY, NY | $100,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Day*****LLC | HARRISON, NY | $25,000 |
| 2025-11 | NBT Bank, National Association | EDW*****INC | QUEENSBURY, NY | $300,000 |
| 2025-11 | TD Bank, National Association | Exc*****Inc | MONSEY, NY | $250,000 |
| 2025-11 | NBT Bank, National Association | EDW*****INC | QUEENSBURY, NY | $3,525,000 |
| 2025-11 | Harvest Small Business Finance, LLC | MAC*****nc. | EAST HAMPTON, NY | $1,742,500 |
| 2025-11 | Bank of Hope | Vir*****orp | ROSEDALE, NY | $2,606,000 |
| 2025-11 | Readycap Lending, LLC | Ver*****orp | Mount Vernon, NY | $50,000 |
| 2025-11 | Manufacturers and Traders Trust Company | ALT*****NC. | SAG HARBOR, NY | $35,000 |
| 2025-11 | Harvest Small Business Finance, LLC | Fix****lus | MONROE, NY | $485,900 |
| 2025-11 | Northeast Bank | Mid*****Svc | Hastings On Hudson, NY | $300,000 |
| 2025-11 | Citibank, N.A. | Ele*****LLC | YONKERS, NY | $20,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Suq*****Inc | CIRCLEVILLE, NY | $90,000 |
| 2025-11 | Newtek Bank, National Association | Eas*****LLC | Larchmont, NY | $25,000 |
| 2025-11 | Live Oak Banking Company | Bes*****nc. | BROOKLYN, NY | $500,000 |
| 2025-11 | Newtek Bank, National Association | Eas*****LLC | Larchmont, NY | $150,000 |
| 2025-11 | Celtic Bank Corporation | TUD*****NC. | Holbrook, NY | $150,000 |
| 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 | Manufacturers and Traders Trust Company | LAS*****LLC | WATERLOO, NY | $40,000 |
| 2025-11 | Lendistry SBLC, LLC | J.E*****ORP | Hampton Bays, NY | $350,000 |
| 2025-11 | Citibank, N.A. | Dav*****rp. | WANTAGH, NY | $50,000 |
| 2025-11 | TD Bank, National Association | Fir*****LLC | EAST MEADOW, NY | $230,000 |
| 2025-11 | HomeTrust Bank | P. *****NC. | UTICA, NY | $2,185,000 |
| 2025-11 | Readycap Lending, LLC | Cle*****LLC | MOUNT VERNON, NY | $50,000 |
| 2025-11 | Manufacturers and Traders Trust Company | LG *****INC | SPENCERPORT, NY | $40,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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