# NBT Bank SBA loans

**Short answer:** NBT Bank made 86 SBA loans from October 2023 to June 2026. None of its 105 loans approved October 2019 to September 2022 were charged off, against 3.6% for all lenders, per SBA's loan file.

Canonical page: https://www.sbaexpress.loans/sba-express-lenders/nbt-bank/
Data as of: 2026-06-30

This site is not NBT Bank

sbaexpress.loans is not NBT Bank, and NBT Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. The loan figures here come from SBA's public 7(a) loan file, not from NBT Bank.

## Loan sizes

$101,000: 25th percentile

$215,650: Median loan

$348,750: 75th percentile

10 years: Median term

The median loan NBT Bank approved from October 2023 to June 2026 was $215,650. A quarter of its loans were smaller than $101,000 and a quarter were larger than $348,750. For all lenders the median was $150,300. Its median loan is larger than the all-lender median. The average loan was $310,357.

Share of loans by size, October 2023 to June 2026

- $50,000 or less: 11.6%
- $50,001 to $150,000: 24.4%
- $150,001 to $350,000: 39.5%
- $350,001 to $500,000: 8.1%
- $500,001 to $1,000,000: 15.1%
- $1,000,001 to $2,000,000: 0.0%
- Over $2,000,000: Fewer than 5

Shares are of all 86 loans. Fewer than 5 marks a band whose count we do not publish.

## Age of the businesses it lends to

The largest group was startups, at 34.9% of this lender's loans, against 16.1% for all lenders.

Share of loans by age of the business, October 2023 to June 2026

- In business more than 2 years: 33.7%
- In business 2 years or less: 15.1%
- Startup (the loan opens the business): 34.9%
- Change of ownership: 16.3%

Fewer than 5 marks a group whose count we do not publish.

## SBA Express and lines of credit

37.2% of this lender's loans went through SBA Express, close to the 35.8% for all lenders. 20.9% were lines of credit, below the 28.1% for all lenders.

**SBA Express and line-of-credit share, October 2023 to June 2026**

| Share of loans | NBT Bank | All lenders |
| --- | --- | --- |
| Through SBA Express | 37.2% | 35.8% |
| Lines of credit | 20.9% | 28.1% |

A line of credit lets a business draw money, repay it and draw again. SBA's file flags these loans as revolving.

What SBA Express means

An SBA Express loan can be up to $500,000. On these loans, the lender makes the credit decision without prior SBA review.

Source: SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126); SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127).

## Where it lends

The most loans went to businesses in New York: 66 of 86, or 76.7%. It made 5 or more loans in each of 2 states. State is where the business is, not where the lender is based.

**Top states, October 2023 to June 2026**

| State | Loans | Share of its loans |
| --- | --- | --- |
| New York | 66 | 76.7% |
| New Hampshire | 7 | 8.1% |

## What it lends to

No single industry reached 5 loans for NBT Bank from October 2023 to June 2026. Its lending is spread too widely to rank. Browse the [industry pages](https://www.sbaexpress.loans/industries/) to see which trades each lender serves.

## About the lender

- **Type:** Bank
- **Location:** Norwich, NY (headquarters, per FDIC)
- **Legal name on SBA's file:** NBT Bank, National Association
- **FDIC certificate number:** 7230
- **Official website:** [www.nbtbank.com](https://www.nbtbank.com) (as FDIC has it on file; we do not control it)

This page describes loans SBA approved. It does not show denied applications, today's rates, fees or credit standards. It is not an offer from NBT Bank. To ask NBT Bank about a loan, contact it directly.

## Starting rates and spread over Prime

The median starting rate on this lender's loans approved from October 2023 to June 2026 was 7.53%. The median spread was 1 percentage point over Prime. For all lenders the medians were 10.25% and 2.75 percentage points over Prime.

Both its median starting rate and its median spread were lower than the all-lender medians.

The starting rate follows Prime on the day a loan was approved. The spread over Prime is the steadier way to compare lenders and years. Spread is measured on variable-rate loans only.

SBA's ceiling on variable rates

For variable-rate loans, SBA caps the rate at Prime plus 3.0 to 6.5 percentage points, depending on loan size. Today's ceilings by loan size are on the [rates page](https://www.sbaexpress.loans/rates/).

Source: 13 CFR § 120.214(d).

## Loans by year

From FY2024 to FY2025, the number of loans fell 45% (44 to 24). Across all lenders it rose 2.4%.

SBA loans approved by fiscal year

- FY2020: 32
- FY2021: 37
- FY2022: 36
- FY2023: 36
- FY2024: 44
- FY2025: 24
- FY2026 (through June 30): 18

SBA's fiscal year runs October 1 to September 30. FY2026 covers October 1, 2025 to June 30, 2026 only. Fewer than 5 marks a year whose count we do not publish.

## Charge-offs

0.0%: Charged off, by loans

0.0%: Charged off, by dollars

105: Loans approved FY2020 to FY2022

NBT Bank approved 105 loans from October 2019 to September 2022. By June 30, 2026, none had been charged off. By loans that is lower than the 3.6% for all lenders. By dollars the rate was 0.0%, against 0.9% for all lenders.

How charge-offs are counted

We count only loans approved October 1, 2019 to September 30, 2022 (FY2020 to FY2022). Newer loans have not had time to go bad. A charge-off means the lender wrote the loan off as a loss. The rate by loans is charged-off loans divided by approved loans. The rate by dollars is the charged-off balance divided by approved dollars. Both run through June 30, 2026.

The two rates can differ widely for a lender that writes many small loans. A small loan adds one to the count but little to the dollars.

SBA's file covers approved loans only. This says nothing about how often applications are approved.

## Lenders with a similar number of loans

These five lenders are the nearest to NBT Bank by number of SBA loans. Their pages show the same figures, so you can compare loan sizes and loan types. Within this group, NBT Bank has the smallest median loan. It ranks 201st of 807 lenders by loans approved from October 2023 to June 2026.

**Lenders closest to NBT Bank by loans, October 2023 to June 2026**

| Lender | Loans | Median loan | Express | Lines of credit | Charge-offs |
| --- | --- | --- | --- | --- | --- |
| [Cogent Bank](https://www.sbaexpress.loans/sba-express-lenders/cogent-bank/) | 87 | $682,400 | 0.0% | 0.0% | 0.0% |
| [Bank of Oak Ridge](https://www.sbaexpress.loans/sba-express-lenders/bank-of-oak-ridge/) | 86 | $569,000 | 8.1% | 7.0% | 0.0% |
| [Commercial Bank of California](https://www.sbaexpress.loans/sba-express-lenders/commercial-bank-of-california/) | 86 | $947,500 | 8.1% | 8.1% | 0.0% |
| [GBC International Bank](https://www.sbaexpress.loans/sba-express-lenders/gbc-international-bank/) | 86 | $627,500 | Fewer than 5 | 32.6% | Fewer than 5 |
| **NBT Bank** | 86 | $215,650 | 37.2% | 20.9% | 0.0% |
| [United FCU](https://www.sbaexpress.loans/sba-express-lenders/united-fcu/) | 86 | $846,450 | Fewer than 5 | Fewer than 5 | 0.0% |

Express and lines of credit are shares of loans. Charge-offs are the share of loans approved October 2019 to September 2022 that had been charged off by June 30, 2026. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish.

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. A lender's past loans do not describe its current credit policy. Recent loans were approved October 1, 2023 to June 30, 2026. The full file starts October 1, 2019. SBA's fiscal year runs October 1 to September 30. Express counts SBA Express and Export Express loans. Spread over Prime is measured on variable-rate loans. [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)
- [13 CFR § 120.214(d)](https://www.ecfr.gov/current/title-13/section-120.214)
- [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)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [FDIC BankFind: institution directory (headquarters and website)](https://banks.data.fdic.gov/bankfind-suite/bankfind)