Local lending data
Who lends to businesses in Monroe County?
658 SBA 7(a) loans went to businesses in Monroe County recently, at a median of $75,000. The lenders that made them, ranked, with local rates and startup share.
658 SBA 7(a) loans went to businesses in Monroe County in the most recent fiscal years, at a median of $75,000. The most active lender was Esl Fcu, with 194 loans.
SBA lending in Monroe County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Monroe County | New York | National |
|---|---|---|---|
| Loans approved | 658 | 14,403 | 214,102 |
| Median loan | $75,000 | $130,000 | $150,000 |
| 25th - 75th percentile | $30,000 - $207,225 | $50,000 - $300,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 9.50% | 10.93% | 10.25% |
| Share to startups | 39.1% | 25.6% | 33.6% |
| Charge-off rate, FY2010-19 | 6.1% | 8.3% | 7.1% |
| Jobs supported | 5,378 | 108,800 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Monroe County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Esl Fcu | 194 | $50,000 | 34% | 9.25% |
| Manufacturers and Traders Trust Company | 180 | $50,000 | 45% | 10.75% |
| Genesee Regional Bank | 61 | $207,000 | 34% | 8.50% |
| Five Star Bank | 38 | $99,250 | 29% | 9.62% |
| The Canandaigua National Bank and Trust Company | 35 | $230,300 | 40% | 8.75% |
| KeyBank | 32 | $27,500 | 69% | 11.50% |
| The Huntington National Bank | 12 | $287,500 | 50% | 10.00% |
| JPMorgan Chase Bank | 9 | $100,000 | 0% | 13.95% |
| Northeast Bank | 9 | $50,000 | 11% | 10.75% |
| Readycap Lending, LLC | 7 | $50,000 | 0% | 13.25% |
What stands out here
Reading these figures against the national picture:
- Loans here run smaller than average. The median of $75,000 is 50% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- Startup share is about average, at 39% against 34% nationally.
- One lender dominates. Esl Fcu alone made 29% of these loans, and the top three made 66%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
- Rates run lower here. The median initial rate of 9.50% is 0.75 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
Who borrows in Monroe County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 112 | 17.0% |
| Restaurants and Hotels | 89 | 13.5% |
| Personal Services | 71 | 10.8% |
| Retail | 63 | 9.6% |
| Manufacturing | 56 | 8.5% |
| Professional Services | 52 | 7.9% |
| Healthcare | 41 | 6.2% |
| Arts and Recreation | 37 | 5.6% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across New York.
Other counties in New York
- Nearby markets with published data: Kings County, New York County, Suffolk County, Nassau County, Queens County, Rockland County, Westchester County, Erie County