# Small business loans in Yonkers, NY

**Short answer:** The most active SBA lenders in Yonkers, NY since FY2024 are TD Bank (10 loans) and Newtek Bank (9). The median loan was $127,700, and half fell between $50,850 and $250,000. For free help, see the New York Small Business Development Centers. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/new-york-small-business-loans/yonkers/
Data as of: 2026-06-30

## Lenders making SBA loans in Yonkers

No lender made more than 14% of the loans in Yonkers, and TD Bank made the most. The four largest lenders together made 42%.

**Lenders with five or more SBA loans in Yonkers, NY, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [TD Bank](https://www.sbaexpress.loans/sba-express-lenders/td-bank/new-york/) | 10 | 14.1% |
| [Newtek Bank](https://www.sbaexpress.loans/sba-express-lenders/newtek-bank/) | 9 | 12.7% |
| [JPMorgan Chase Bank](https://www.sbaexpress.loans/sba-express-lenders/jpmorgan-chase-bank/new-york/) | 6 | 8.5% |
| [Readycap Lending, LLC](https://www.sbaexpress.loans/sba-express-lenders/readycap-lending-llc/new-york/): Non-bank lender | 5 | 7.0% |

Share is the percent of all Yonkers loans in that period. Each name links to that lender's page for New York where one exists.

Yonkers has four lenders with five or more loans since FY2024. Others had fewer, and the New York page counts 204 lenders with at least one approved loan statewide.

## Local help near Yonkers

Yonkers borrowers can start with SBA's district offices for New York, an SBDC or SCORE.

17% of Yonkers borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA runs three district offices that cover New York. Each page points to state and federal resources and to lenders in its area. The New York Small Business Development Centers gives free counseling across New York.

- [SBA Buffalo District Office (14 western counties, with a Rochester branch): SBA district office](https://www.sba.gov/district/buffalo)
- [SBA Metro New York District Office (14 counties in New York City, Long Island and the Hudson Valley): SBA district office](https://www.sba.gov/district/metro-new-york)
- [SBA Syracuse District Office (34 counties across upstate New York): SBA district office](https://www.sba.gov/district/upstate-new-york)
- [New York Small Business Development Centers: Small Business Development Center](https://nysbdc.org/)
- [SCORE mentors in New York: Business mentoring](https://www.score.org/ny/)

Alongside SBA loans, New York runs two loan programs. The [New York page](https://www.sbaexpress.loans/new-york-small-business-loans/#loan-programs-in-new-york) describes each, and the official pages are linked here.

- [New York State Small Business Revolving Loan Fund Round 2](https://esd.ny.gov/nys-small-business-revolving-loan-fund-round-2)
- [Regional Revolving Loan Trust Fund Program](https://esd.ny.gov/regional-revolving-loan-trust-fund-program)

## Loan counts and sizes in Yonkers

Yonkers ranks 15th by loans since FY2024 among the 17 New York cities with 100 or more SBA loans since FY2020. Nationally it is the 347th busiest of the 580 cities that reach 100 loans.

The 71 loans, 0.7% of the 10,743 in New York, were approved for $18.9 million in all. The median loan was $127,700, 15% below the national median of $150,300. Half of the loans fell between $50,850 and $250,000. The Yonkers median is 15% below the New York median of $150,000.

**Yonkers, NY compared with New York and the nation, loans from FY2024 to June 2026**

| Measure | Yonkers | New York | U.S. |
| --- | --- | --- | --- |
| Loans | 71 | 10,743 | 162,355 |
| Median loan | $127,700 | $150,000 | $150,300 |
| 25th percentile | $50,850 | $50,000 | $50,000 |
| 75th percentile | $250,000 | $300,000 | $500,000 |
| Via SBA Express | 42.3% | 52.3% | 35.8% |
| Lines of credit | 35.2% | 42.7% | 28.1% |
| Startups | 7.0% | 9.3% | 16.1% |
| Ownership changes | n/a | 4.7% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 3.0 | 3.0 | 2.75 |
| Charged off | Fewer than 5 | 7.2% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

90% of the loans were $500,000 or less, the size SBA Express covers. 42.3% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 35.2% of loans, above the national 28.1%.

SBA loans in Yonkers, NY by size, FY2024 to June 2026

- $50,000 or less (25%): 18
- $50,001 to $150,000 (42%): 30
- $150,001 to $350,000 (11%): 8
- $350,001 to $500,000 (11%): 8
- $500,001 to $1,000,000: Fewer than 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000: Fewer than 5

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

SBA loans in Yonkers, NY by fiscal year

- FY2020: 13
- FY2021: 11
- FY2022: 20
- FY2023: 31
- FY2024: 24
- FY2025: 32
- FY2026 (through June 30): 15

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 33% from FY2024 (24 loans) to FY2025 (32), the two latest full years. The busiest full year in the file was FY2025, with 32 loans. FY2026 already shows 15 loans through June 30.

Of the 44 loans Yonkers borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 722 jobs supported across the 71 loans since FY2024, about 10.2 per loan. SBA does not audit these estimates.

## What businesses in Yonkers borrow for

Landscaping Services was the largest borrower group in Yonkers since FY2020, with 6 loans or 4.1% of the total.

The three largest industries made up 12% of all Yonkers loans since FY2020.

**Industries with the most SBA loans in Yonkers, NY, FY2020 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Landscaping Services](https://www.sbaexpress.loans/industries/landscaping-services/new-york/) | 6 | 4.1% | 1.7% |
| [Residential Remodelers](https://www.sbaexpress.loans/industries/residential-remodelers/new-york/) | 6 | 4.1% | 2.3% |
| [Child Care Services](https://www.sbaexpress.loans/industries/child-care-services/new-york/) | 5 | 3.4% | 1.5% |

Share is the percent of all Yonkers loans in that period. Industry is the NAICS code on each loan. A name links to the New York page for that industry where one exists.

## A typical loan payment in Yonkers

The median Yonkers loan was $127,700 with a median term of 10 years.

The median variable-rate loan in Yonkers was priced at Prime plus 3.0 percentage points at approval. At today's Prime that spread works out to 10.00%. On $127,700 over 10 years, principal and interest would come to about $1,688 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Yonkers loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,850 | $672 |
| Median loan | $127,700 | $1,688 |
| 75th percentile loan | $250,000 | $3,304 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $127,700 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.0 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Yonkers loans approved since FY2024 had a median starting rate of 11.25% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $125,000 loan](https://www.sbaexpress.loans/loan-amounts/125000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Yonkers

Yonkers has 7 SBA 504 loans since FY2020, with $6.7 million in SBA and CDC dollars.

Fewer than five of them came in FY2024 or later, so no recent median is published. The bank's share of each project is separate and is not counted in these figures.

Empire State Certified Development Corporation is the one Certified Development Company (CDC) named on five or more loans, 5 since FY2020.

**CDCs named on five or more 504 loans in Yonkers, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Empire State Certified Development Corporation | 5 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## New York cities near Yonkers

Yonkers made up 0.7% of New York's SBA loans since FY2024.

Yonkers is one of 17 New York cities with 100 or more SBA loans since FY2020. The [New York page](https://www.sbaexpress.loans/new-york-small-business-loans/) covers all 10,743 loans in New York. The closest come first, ranked by county and ZIP code on their loans.

- [White Plains: 58 loans, median $113,150](https://www.sbaexpress.loans/new-york-small-business-loans/white-plains/)
- [Monroe: 207 loans, median $150,000](https://www.sbaexpress.loans/new-york-small-business-loans/monroe/)
- [Monsey: 133 loans, median $155,000](https://www.sbaexpress.loans/new-york-small-business-loans/monsey/)
- [Spring Valley: 197 loans, median $150,000](https://www.sbaexpress.loans/new-york-small-business-loans/spring-valley/)
- [Bronx: 260 loans, median $112,350](https://www.sbaexpress.loans/new-york-small-business-loans/bronx/)
- [Staten Island: 233 loans, median $100,000](https://www.sbaexpress.loans/new-york-small-business-loans/staten-island/)
- [Long Island City: 74 loans, median $250,000](https://www.sbaexpress.loans/new-york-small-business-loans/long-island-city/)
- [Astoria: 85 loans, median $101,000](https://www.sbaexpress.loans/new-york-small-business-loans/astoria/)

## Common questions about SBA loans in Yonkers

### Which lenders make the most SBA loans in Yonkers?

TD Bank leads with 10 loans in Yonkers since FY2024. Newtek Bank (9) and JPMorgan Chase Bank (6) follow. Only lenders with five or more Yonkers loans are counted.

### Which industries get SBA loans in Yonkers?

Landscaping Services leads with 6 loans in Yonkers since FY2020. Residential Remodelers (6) and Child Care Services (5) follow.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Buffalo District Office (14 western counties, with a Rochester branch)](https://www.sba.gov/district/buffalo)
- [SBA Metro New York District Office (14 counties in New York City, Long Island and the Hudson Valley)](https://www.sba.gov/district/metro-new-york)
- [SBA Syracuse District Office (34 counties across upstate New York)](https://www.sba.gov/district/upstate-new-york)
- [New York Small Business Development Centers](https://nysbdc.org/)
- [SCORE, New York](https://www.score.org/ny/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)