SBA Loans for Medicinal and Botanical Manufacturing in New York: Top Lenders
NAICS 325NAICS 325 covers medicinal and botanical manufacturing businesses in New York. Based on historical SBA 7(a) lending data.
Total Approvals
5
in New York
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Jul 2024
NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $100,000.
Key trends & insights
- Medicinal and Botanical Manufacturing in New York lending is concentrated — Brooklyn Cooperative FCU, Manufacturers AND Traders Trust Company, TD Bank, National Association together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Brooklyn Cooperative FCU leads this industry with 1 approvals (20% market share) and a median loan of $15,000.
- Medicinal and Botanical Manufacturing 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.
- SBA data for this industry goes through 2024-07-01 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Medicinal and Botanical Manufacturing in New York
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $15,000 | |
| 2 | 1 | $100,000 | |
| 3 | 1 | $30,000 | |
| 4 | 1 | $4,500,000 | |
| 5 | 1 | $500,000 |
Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in New York
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-07 | Financial Resources Federal Credit Union | ARX*****orp | KEW GARDENS, NY | $4,500,000 |
| 2023-08 | Rhinebeck Bank | Ran*****td. | CORNWALL ON HUDSON, NY | $500,000 |
| 2022-08 | Manufacturers and Traders Trust Company | Too*****Inc | PLAINVIEW, NY | $100,000 |
| 2021-11 | TD Bank, National Association | LEA*****INC | SPRING VALLEY, NY | $25,000 |
| 2021-11 | TD Bank, National Association | HOL*****ORP | NEW YORK, NY | $30,000 |
| 2021-08 | Brooklyn Cooperative FCU | TER*****LLC | BROOKLYN, NY | $15,000 |
| 2021-07 | US Eagle FCU | SOL*****NC. | Syracuse, NY | $4,160,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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