Federal Reserve Bank of New York
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Federal Reserve Bank of New York · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 311412 | Frozen Specialty Food Manufacturing | 1 | $500K | $500K | 50.0% |
Geographic Distribution
SBA lending activity for Federal Reserve Bank of New York by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New York (NY) | 2 | $1.0M | 100.0% |
Why Choose Federal Reserve Bank of New York?
Based on SBA 7(a) lending track record from 1991-1991
- ✓Proven Track Record: 2 SBA loans approved, totaling $1.0M in financing
- ✓Industry Expertise: Specialized focus on Frozen Specialty Food Manufacturing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 48 months
- ✓Loan Range: Loan sizes from $500K to $500K, with an average of $500K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NY
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Federal Reserve Bank of New York SBA lending
What types of businesses does Federal Reserve Bank of New York typically finance?
Federal Reserve Bank of New York specializes in SBA 7(a) lending to specific industries including frozen specialty food manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Federal Reserve Bank of New York's typical SBA loan terms?
Federal Reserve Bank of New York's SBA 7(a) loans typically feature an average interest rate of — and average term length of 48 months (approximately 4 years). Loan sizes range from $500K to $500K, with an average loan size of $500K.
Do I need a business valuation for a Federal Reserve Bank of New York SBA loan?
Yes, Federal Reserve Bank of New York typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Federal Reserve Bank of New York compare to other SBA lenders?
Federal Reserve Bank of New York has originated 2 SBA loans totaling $1.0M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Federal Reserve Bank of New York lend in?
Federal Reserve Bank of New York provides SBA 7(a) financing with particularly strong presence in NY. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.