Best SBA Lenders in Kingston, NY (2026)
2025 FOIA data: top lenders, rates & industries for Kingston SBA loans
SBA Loans in Kingston, New York
Looking for an SBA loan in Kingston, New York? Based on 2025 FOIA data, 13 SBA 7(a) loans were funded in Kingston totaling $3.2M, supporting an estimated 76 jobs. With 9 active lenders competing for business in the Kingston market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Kingston is $246K at an average rate of 10.17%. The top lender in Kingston is Live Oak Banking Company, with the most-funded industry being Veterinary Services. See all New York SBA lenders for statewide rankings.
SBA Loans in Kingston by Business Type
Whether you’re starting a new business in Kingston, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 17% of SBA loans in Kingston (3 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 0% (0 loans) — if you’re looking to buy a business in Kingston, this is a proven use case for SBA financing. Existing businesses make up 81% and typically receive the most favorable terms.
Top SBA Lenders in Kingston, NY (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Kingston businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | $1.1M | 1 | 7.75% |
| 2 | NBT Bank, National Association | $615K | 1 | 8.5% |
| 3 | Readycap Lending, LLC | $500K | 1 | 10.25% |
| 4 | The Huntington National Bank | $468K | 2 | 10.25% |
| 5 | Manufacturers and Traders Trust Company | $180K | 4 | 11% |
| 6 | Celtic Bank Corporation | $150K | 1 | 10.25% |
| 7 | Northeast Bank | $85K | 1 | 10.25% |
| 8 | United Midwest Savings Bank National Association | $75K | 1 | 10.75% |
| 9 | Stearns Bank National Association | $25K | 1 | 10% |
The top lenders in Kingston have direct experience with local businesses and understand the Kingston market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Kingston and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Kingston
One 5-minute application. 9+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Kingston
These are the industries that received the most SBA 7(a) funding in Kingston in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Veterinary Services | 1 | $1.1M |
| Breweries | 1 | $615K |
| All Other Plastics Product Manufacturing | 1 | $500K |
| Residential Remodelers | 2 | $468K |
| Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | $150K |
| Full-Service Restaurants | 1 | $85K |
| General Automotive Repair | 1 | $85K |
| Chocolate and Confectionery Manufacturing from Cacao Beans | 1 | $45K |
| Other Management Consulting Services | 1 | $25K |
Lenders with experience funding your specific industry in Kingston understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Kingston
Option 1: Apply directly to one of the top Kingston lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Kingston-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
