SBA Loans for Electronics Stores in New York: Top Lenders
NAICS 443NAICS 443 covers electronics stores businesses in New York. Based on historical SBA 7(a) lending data.
Total Approvals
5
in New York
Median Loan Size
$150,000
per approval
Recent Activity
0
last 90 days through Feb 2024
NAICS 443 covers electronics stores businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $150,000.
Key trends & insights
- Electronics Stores in New York lending is concentrated — TD Bank, National Association, Bayfirst National Bank, Manufacturers AND Traders Trust Company together account for 80% 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 (40% market share) and a median loan of $137,500.
- Electronics Stores 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 2024-02-20 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electronics Stores in New York
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $137,500 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $75,000 | |
| 4 | 1 | $3,320,000 |
Recent SBA 7(a) approvals for Electronics Stores in New York
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-02 | TD Bank, National Association | ALL*****INC | MONROE, NY | $250,000 |
| 2023-08 | BayFirst National Bank | L'C*****nc. | BROOKLYN, NY | $150,000 |
| 2021-12 | TD Bank, National Association | Gre*****orp | BROOKLYN, NY | $25,000 |
| 2021-08 | East West Bank | WT *****nc. | BROOKLYN, NY | $3,320,000 |
| 2021-06 | Manufacturers and Traders Trust Company | EZ *****INC | Spring Valley, NY | $75,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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