Pandemic Darlings The pandemic economy, in original documents
Home Rankings PPP lenders New York Business Development Corporation

PPP lender · derived table

New York Business Development Corporation

New York Business Development Corporation appears in the SBA PPP loan-level file with 10,488 loans and $731.5 million in approved dollars, an average of $69,751 a loan. That is 0.092% of the 11,468,171 loans the file records, rank 162 of the 500 largest lenders by approved dollars and rank 119 by loan count. Borrowers on those loans reported 81,229 jobs, 7.7 a loan, and $9,006 of approved dollars for each reported job.

Totals

Loans10,488
Approved dollars$731,544,913.62
Average loan$69,750.66
Share of program loans0.0915%
Rank by approved dollars162 of 500
Rank by loan count119 of 500
Jobs reported81,229
Jobs per loan7.7449
Approved dollars per reported job$9,005.96
Borrowers9,679
Loans per borrower1.084
Lender type (archive classification)CDFI / mission
Modeled processing fees$33,089,622.19
Modeled fees, 2020 first-draw loans$16,337,229.91
Modeled fees, 2021 first-draw loans$3,219,466.88
Modeled fees, 2021 second-draw loans$13,532,925.40
Modeled fee per loan$3,155
Rank by modeled fees152 of 4,688 originating lenders

Named in the archive

None in the archive: no court filing or source document carries this name in its title or description.

Data and method

Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30); ranks are among its 4,688 named originating lenders. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed; the totals leave out 39 source rows. The per-lender totals page has the full method.

Back to top