SBA Loans for Sewing in New York: Top Lenders

NAICS 451

NAICS 451 covers sewing, needlework, and piece goods stores businesses in New York. Based on historical SBA 7(a) lending data.

Total Approvals

9

in New York

Median Loan Size

$70,000

per approval

Recent Activity

0

last 90 days through Mar 2023

NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $70,000.

Key trends & insights

  • Sewing in New York loans skew smaller than the SBA average at $70,000 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 2023-03-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Sewing in New York

Recent SBA 7(a) approvals for Sewing in New York

MonthLenderBorrowerAmount
2023-03Webster Bank National AssociationLee*****Inc$100,000
2022-05Northwest BankOff*****LLC$70,000
2022-04TD Bank, National Association51 *****LLC$75,000
2022-02Five Star BankCra*****nc.$15,000
2021-11KeyBank National AssociationUps*****LLC$25,000
2021-05Ballston Spa National BankTwo*****Inc$65,000
2021-04Manufacturers and Traders Trust CompanyMar*****nc.$700,000
2021-02FinWise BankSul*****Inc$750,000
2020-08Arrow Bank National AssociationEve*****LLC$15,000

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

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