Best Monroe, NY SBA Lenders & Rates of 2026

Compare 23 SBA lenders in Monroe, NY. $20.9M funded across 92 businesses. Average rate 10.74%. Get matched free.

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Best Monroe, NY SBA Lenders & Rates of 2026

$20.9M
Total Funded

92
Loans Approved

$227K
Avg Loan Size

10.74%
Avg Interest Rate

23
Active Lenders

SBA Loans in Monroe, NY

Monroe, NY businesses received $20.9M in SBA 7(a) loan approvals across 92 businesses in 2025. With 23 active SBA lenders competing for business in Monroe, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Monroe is $227K, with rates averaging 10.74%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Monroe SBA Loans by Business Type

🚀 Startups
3%
$285K • 3 loans

🏢 Existing Businesses
97%
$20.6M • 89 loans

🔄 Acquisitions
0%
$0 • 0 loans

Top SBA Lenders in Monroe, NY (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Monroe businesses:

RankLenderVolumeLoansAvg Rate
1 Readycap Lending, LLC$5.1M1410.77%
2 TD Bank, National Association$2.0M129.96%
3 Northeast Bank$1.8M711.21%
4 Colony Bank$1.5M910.47%
5 Lendistry SBLC, LLC$1.4M411.75%
6 FinWise Bank$1.1M410.31%
7 The Huntington National Bank$977K28.43%
8 Accion Opportunity Fund Community Development$950K310.50%
9 BayFirst National Bank$900K712.25%
10 Webster Bank National Association$800K49.63%
11 Manufacturers and Traders Trust Company$672K810.53%
12 Citizens Bank, National Association$500K110.25%
13 Ponce Bank National Association$490K110.50%
14 Harvest Small Business Finance, LLC$486K110.00%
15 JPMorgan Chase Bank, National Association$483K311.98%
16 Grasshopper Bank National Association$350K112.00%
17 Newtek Bank, National Association$350K110.50%
18 Celtic Bank Corporation$300K310.83%
19 Stone Bank$225K210.25%
20 CenTrust Bank, A Division of SmartBiz Bank National Associat$150K111.50%
21 Cross River Bank$150K110.50%
22 First Bank of the Lake$150K113.50%
23 KeyBank National Association$60K211.28%

Top Industries in Monroe

Here are the industries that received the most SBA funding in Monroe:

SBA Loans in New York

Monroe is part of New York‘s SBA lending market. For statewide data and more lender options, see our full New York SBA Lenders guide.

🤝 Why Use an SBA Broker in Monroe?

GoSBA Loans helps Monroe businesses access the best SBA lenders:

  • Access 23+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Monroe
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Monroe SBA Loan

Our team has helped hundreds of Monroe businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Monroe? GoSBA Loans is a trusted SBA loan broker serving businesses in Monroe and across New York. Contact our Monroe SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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