FAIR
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
314
2012–2023
Total Volume
$45M
Gross loan amounts
States Active
8
With recorded loans
Programs
7(a)
314 total segments
Empire State Certified Development Corporation focuses heavily on smaller loans, with 74% of their deals under $150K. If you need a larger loan, this may not be the right fit for you.
With an average 7(a) spread of P+3.94%, Empire State's pricing is notably higher than the national median of P+2.75%. This could impact your overall loan cost significantly.
The lender primarily serves startups and existing businesses, with 57% of their deals going to startups. If you're a new business owner, you might find favorable terms here.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes.
States where Empire State Certified Development Corporation has recorded SBA lending activity.
+ 3 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Manufacturing
Manufacturing
Wholesale Trade
Wholesale Trade
Personal Care (Salons, Spas)
Other Services
Retail Trade
Retail Trade
Food & Beverage Stores
Retail Trade
Education
Education
+ 7 more
All recorded SBA lending activity for Empire State Certified Development Corporation, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| New York · Restaurants & Food Service · Under $150K | 7(a) | 46 | P+4.00% | $106K | Q3 2022 |
| New York · Restaurants & Food Service · $150K – $350K | 7(a) | 28 | P+4.00% | $228K | Q1 2020 |
| New York · Manufacturing · Under $150K | 7(a) | 20 | P+4.00% | $119K | Q3 2020 |
| New York · Retail Trade · Under $150K | 7(a) | 14 | P+4.00% | $107K | Q3 2017 |
| New York · Wholesale Trade · Under $150K | 7(a) | 14 | P+4.00% | $113K | Q1 2017 |
| New York · Arts, Entertainment & Recreation · Under $150K | 7(a) | 14 | P+4.00% | $114K | Q4 2021 |
| New York · Personal Care (Salons, Spas) · Under $150K | 7(a) | 13 | P+4.00% | $112K | Q1 2021 |
| New York · Education · Under $150K | 7(a) | 9 | P+4.00% | $110K | Q4 2018 |
| New York · Engineering & Architecture · Under $150K | 7(a) | 8 | P+4.00% | $117K | Q3 2016 |
| New York · Food & Beverage Stores · Under $150K | 7(a) | 8 | P+4.00% | $132K | Q4 2021 |
| New York · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 7 | P+4.00% | $228K | Q4 2020 |
| New York · Administrative & Waste Services · Under $150K | 7(a) | 7 | P+4.00% | $76K | Q2 2017 |
| New York · General Merchandise · Under $150K | 7(a) | 6 | P+4.38% | $66K | Q1 2017 |
| New York · Other Professional Services · Under $150K | 7(a) | 5 | P+4.00% | $125K | Q1 2018 |
| New Jersey · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+4.00% | $114K | Q1 2021 |
| New York · Other Repair & Services · Under $150K | 7(a) | 4 | P+4.00% | $108K | Q2 2016 |
| New York · Social Assistance · Under $150K | 7(a) | 4 | P+4.00% | $69K | Q1 2014 |
| New York · Other Health Practitioners · Under $150K | 7(a) | 4 | P+4.00% | $96K | Q1 2015 |
| New York · Retail Trade · $150K – $350K | 7(a) | 4 | P+4.00% | $238K | Q1 2018 |
| New York · Wholesale Trade · $150K – $350K | 7(a) | 4 | P+4.00% | $232K | Q2 2016 |
| New Jersey · Arts, Entertainment & Recreation · Under $150K | 7(a) | 3 | P+4.00% | $117K | Q4 2016 |
| New York · Other Health Practitioners · $150K – $350K | 7(a) | 3 | P+4.00% | $245K | Q4 2020 |
| New York · Sporting Goods & Hobby · Under $150K | 7(a) | 3 | P+4.00% | $98K | Q1 2017 |
| New York · Miscellaneous Retail · Under $150K | 7(a) | 3 | P+3.75% | $133K | Q1 2017 |
| New York · Manufacturing · $150K – $350K | 7(a) | 3 | P+4.00% | $241K | Q3 2020 |
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