SBA Loans for Insurance Agencies and Brokerages in New York: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in New York. Based on historical SBA 7(a) lending data.
Total Approvals
59
in New York
Median Loan Size
$100,000
per approval
Recent Activity
5
last 90 days through Nov 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 59 approvals on record and a median loan size of $100,000.
Key trends & insights
- Manufacturers AND Traders Trust Company leads this industry with 10 approvals (19% market share) and a median loan of $45,000.
- Insurance Agencies and Brokerages 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 Insurance Agencies and Brokerages in New York
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 10 | $45,000 | |
| 2 | 9 | $50,000 | |
| 3 | 4 | $397,500 | |
| 4 | 4 | $75,000 | |
| 5 | 4 | $33,000 | |
| 6 | 3 | $350,000 | |
| 7 | 3 | $100,000 | |
| 8 | 2 | $310,500 | |
| 9 | 2 | $569,000 | |
| 10 | 2 | $80,000 | |
| 11 | 2 | $2,577,500 | |
| 12 | 1 | $701,400 | |
| 13 | 1 | $1,101,400 | |
| 14 | 1 | $940,000 | |
| 15 | 1 | $5,000,000 | |
| 16 | 1 | $25,000 | |
| 17 | 1 | $50,000 | |
| 18 | 1 | $150,000 | |
| 19 | 1 | $50,000 | |
| 20 | 1 | $555,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in New York
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Readycap Lending, LLC | Pre*****age | BROOKLYN, NY | $272,000 |
| 2025-12 | Northeast Bank | OSC*****RP. | ROCKVILLE CENTRE, NY | $350,000 |
| 2025-11 | JPMorgan Chase Bank, National Association | GLO*****NC. | LYNBROOK, NY | $250,000 |
| 2025-11 | U.S. Bank, National Association | CHR*****NCY | ROCHESTER, NY | $30,000 |
| 2025-11 | U.S. Bank, National Association | CHR*****NCY | ROCHESTER, NY | $30,000 |
| 2025-11 | Newtek Bank, National Association | And*****ane | Hauppauge, NY | $100,000 |
| 2025-11 | Bankwell Bank | Rul*****LLC | LATHAM, NY | $4,995,000 |
| 2025-11 | Manufacturers and Traders Trust Company | MOO*****LLC | ROCHESTER, NY | $20,000 |
| 2025-09 | Accion Opportunity Fund Community Development | Wo****erl | Brooklyn, NY | $350,000 |
| 2025-09 | Cadence Bank | JAG*****LLC | LATHAM, NY | $350,000 |
| 2025-09 | Byline Bank | Cle*****LLC | GLEN HEAD, NY | $1,130,000 |
| 2025-08 | TD Bank, National Association | WB *****ORP | TARRYTOWN, NY | $80,000 |
| 2025-08 | TD Bank, National Association | WB *****orp | TARRYTOWN, NY | $157,000 |
| 2025-08 | TD Bank, National Association | WB *****orp | TARRYTOWN, NY | $80,000 |
| 2025-07 | Manufacturers and Traders Trust Company | CON*****LLC | YORKTOWN HEIGHTS, NY | $20,000 |
| 2025-07 | United Midwest Savings Bank National Association | Ale*****ted | MERRICK, NY | $936,000 |
| 2025-07 | TD Bank, National Association | Ela*****Inc | NEW CITY, NY | $250,000 |
| 2025-06 | FinWise Bank | HF *****Inc | Suffern, NY | $250,000 |
| 2025-06 | Hanover Community Bank | The*****nc. | PATCHOGUE, NY | $1,038,000 |
| 2025-06 | BayFirst National Bank | Par*****LLC | RICHMOND HILL, NY | $27,000 |
| 2025-06 | TD Bank, National Association | YBI*****INC | BROOKLYN, NY | $100,000 |
| 2025-05 | Byline Bank | Cle*****LLC | GLEN HEAD, NY | $250,000 |
| 2025-05 | Readycap Lending, LLC | The*****nc. | TONAWANDA, NY | $254,000 |
| 2025-04 | Readycap Lending, LLC | ASM*****NC. | SPRING VALLEY, NY | $130,000 |
| 2025-04 | Manufacturers and Traders Trust Company | GPG*****LLC | SANBORN, NY | $10,000 |
| 2025-04 | Readycap Lending, LLC | G N*****Inc | BROOKLYN, NY | $500,000 |
| 2025-04 | Manufacturers and Traders Trust Company | ERI*****INC | WILLIAMSVILLE, NY | $20,000 |
| 2025-04 | Citibank, N.A. | MH *****LLC | SCARSDALE, NY | $16,000 |
| 2025-03 | Arrow Bank National Association | Bis*****Inc | SARATOGA SPRINGS, NY | $50,000 |
| 2025-03 | FinWise Bank | GM *****nc. | Brooklyn, NY | $1,000,000 |
| 2025-03 | Celtic Bank Corporation | A C*****LLC | WANTAGH, NY | $73,000 |
| 2025-03 | United Midwest Savings Bank National Association | Shi*****nc. | FRESH MEADOWS, NY | $627,000 |
| 2025-03 | Readycap Lending, LLC | Gol*****LLC | SPRING VALLEY, NY | $200,000 |
| 2025-02 | Newtek Bank, National Association | A C*****LLC | Wantagh, NY | $120,000 |
| 2025-02 | BayFirst National Bank | Big*****nc. | ASTORIA, NY | $107,400 |
| 2025-02 | U.S. Bank, National Association | AMI*****INC | DEPEW, NY | $36,000 |
| 2025-02 | Northeast Bank | A C*****LLC | Brooklyn, NY | $27,200 |
| 2025-02 | TD Bank, National Association | Cle*****LLC | GLEN HEAD, NY | $250,000 |
| 2025-02 | Northeast Bank | KEY*****NC. | MELVILLE, NY | $87,800 |
| 2025-01 | Readycap Lending, LLC | Joe*****ler | BROOKLYN, NY | $500,000 |
| 2025-01 | BayFirst National Bank | SIL*****NC. | WANTAGH, NY | $55,000 |
| 2025-01 | Readycap Lending, LLC | Ger*****ber | MONSEY, NY | $230,000 |
| 2025-01 | JPMorgan Chase Bank, National Association | S &*****NC. | EAST NORTHPORT, NY | $250,000 |
| 2024-12 | Peapack Private Bank and Trust | PHA*****NC. | BROOKLYN, NY | $1,170,000 |
| 2024-12 | Five Star Bank | The*****LLC | BUFFALO, NY | $50,000 |
| 2024-11 | U.S. Bank, National Association | 57 *****LLC | EAST SETAUKET, NY | $900,000 |
| 2024-11 | JPMorgan Chase Bank, National Association | MBM*****NC. | MASSAPEQUA, NY | $200,000 |
| 2024-11 | Lendistry SBLC, LLC | Cap*****LLC | Oceanside, NY | $33,200 |
| 2024-11 | Lendistry SBLC, LLC | INS*****INC | Eastchester, NY | $150,000 |
| 2024-11 | TD Bank, National Association | Mic*****its | CORAM, NY | $35,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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