CNNMoney.com > Small Business > Best Places to Launch

Local loans in New York City, NY
These banks have made loans through the SBA's 7(a) small business loan program in the 2009 fiscal year in and around New York City.
Bank Address # of Loans Total $ lent
Jpmorgan Chase & Co. 270 Park Ave
New York City, NY
135 $12,520,000
Innovative Bank 360 14th St
Oakland, CA
62 $1,815,000
Hsbc Bank Usa One Hsbc Ctr
Buffalo, NY
59 $4,245,000
Bnb Financial Services Corpora 250 Fifth Ave
New York City, NY
53 $21,528,700
Manufacturers And Traders Trust Company One M & T Plz
Buffalo, NY
40 $3,981,600
Newbank 146-01 Northern Blvd
New York City, NY
35 $13,560,000
Superior Financial Group 165 Lennon Lane, Suite 101
Walnut Creek, CA
35 $335,000
New York Bus. Devel Corp 50 Beaver Street, P.O. Box 73
Albany, NY
32 $12,847,200
Sovereign Bancorp 1130 Berkshire Blvd
Wyomissing, PA
31 $2,154,000
Lower East Side People's Federal Credit Union 37 Ave B
New York City, NY
27 $581,000
Bankasiana 7 Broad Ave
Palisades Park, NJ
20 $8,850,000
Flushing Financial Corp. 144-51 Northern Blvd
New York City, NY
18 $2,362,400
Key Bank 127 Public Sq
Cleveland, OH
18 $687,700
Td Banknorth Two Portland Sq
Portland, ME
18 $6,404,000
Bank Of America Corporation 101 S Tryon St
Charlotte, NC
14 $750,000
Nara Bancorp Inc 3731 Wilshire Blvd, Ste 1000
Los Angeles, CA
12 $4,935,000
Citizens Financial Group 1 Citizens Plz
Providence, RI
10 $339,000
Pnc Financial Services Group 249 Fifth Ave
Pittsburgh, PA
10 $6,786,300
Bethex Federal Credit Union 20 E 179th St, Lower Lvl
New York City, NY
7 $925,000
Shinhan Bank America 330 Fifth Ave, 4th Fl
New York City, NY
7 $1,325,000
Home Loan Financial Corporatio 1 Home Loan Plaza, Ste3
Warwick, RI
6 $2,165,600
Royal Bancshares Of Pennsylvan 732 Montgomery Ave
Narberth, PA
6 $4,120,000
Sterling Bancorp 650 5th Ave
New York City, NY
6 $400,000
Citigroup Inc. 399 Park Ave
New York City, NY
4 $1,413,000
Mid-Hudson Valley Federal Credit Union 1099 Morton Blvd
Kingston, NY
4 $118,800
Popular North America 525 Fellowship Rd
Mount Laurel, NJ
4 $305,000
Wells Fargo & Company 45 Fremont St, 27th Fl
San Francisco, CA
4 $2,751,000
Cathay General Bancorp. 777 N Broadway
Los Angeles, CA
3 $1,450,000
Abacus Federal Savings Bank 6 Bowery
New York City, NY
2 $150,000
American Heritage Holdings 7777 Alvarado Rd, Ste 515
La Mesa, CA
2 $75,000
Central Bancorp 4555 W Walnut
Garland, TX
2 $820,000
Cit Small Business Lending Corporation 1 Cit Drive
Livingston, NJ
2 $941,000
Community National Bank 200 Middle Neck Rd
Great Neck, NY
2 $850,000
Farmers & Merchants Investment 3643 S 48th St
Lincoln, NE
2 $185,000
Habib American Bank 99 Madison Ave
New York City, NY
2 $1,000,000
Ia Bancorp 1536 Oak Tree Rd
Iselin, NJ
2 $775,000
Loan Source Incorporated 347 5th Ave., Suite 301
New York, NY
2 $1,715,000
Main Street Lender 2 Wisconsin Circle, 7th Floor
Chevy Chase, MD
2 $1,915,000
Park Avenue Bancorp 460 Park Avenue
New York City, NY
2 $1,250,000
Progressive Credit Union 370 7th Ave, Ste 1400
New York City, NY
2 $166,000
Rhinebeck Bancorp 2 Jefferson Plaza
Poughkeepsie, NY
2 $170,500
Saehan Bancorp 3580 Wilshire Blvd, Ste 1500
Los Angeles, CA
2 $395,000
Webster Financial Corporation 145 Bank St
Waterbury, CT
2 $965,000
1St Constitution Bancorp 2650 Rte 130
Cranbury, NJ
1 $230,000
Amerasia Bank 41-06 Main St
New York City, NY
1 $80,000
Asia Bancshares 135-34 Roosevelt Ave
New York City, NY
1 $1,200,000
Capital One Financial Corporat 1680 Capital One Dr
Mclean, VA
1 $60,000
Carver Bancorp 75 W 125th St
New York City, NY
1 $100,000
Central Jersey Bancorp 1903 Hwy 35
Oakhurst, NJ
1 $50,000
Compass Bancshares 15 S 20th St
Birmingham, AL
1 $344,000
Empire State Carpenters Pensio 270 Motor Pkwy
Hauppauge, NY
1 $350,000
Grow America Fund 708 Third Avenue, Suite 710
New York, NY
1 $488,000
Hana Financial 1000 Wilshire Blvd, Suite 2000
Los Angeles, CA
1 $349,000
Live Oak Banking Company 2605 Iron Gate Dr, Ste. 100
Wilmington, NC
1 $1,200,000
Melrose Credit Union 139-30 Queens Blvd
New York City, NY
1 $75,000
Newtek Small Business Finance 462 7th Avenue, 14th Floor
New York, NY
1 $2,000,000
People's United Financial 850 Main St
Bridgeport, CT
1 $40,000
Provident Financial Services 830 Bergen Ave
Jersey City, NJ
1 $105,000
Rondout Savings Bank 300 Broadway
Kingston, NY
1 $100,000
Sun Bancorp 226 Landis Ave
Vineland, NJ
1 $290,000
Teachers Federal Credit Union 2410 N Ocean Ave
Farmingville, NY
1 $15,000
Tennessee Central Bancshares 68 W Main St, 2nd Fl
Parsons, TN
1 $1,139,000
The Wilber Corporation 245 Main St
Oneonta, NY
1 $55,000
U.S. Bank 800 Nicollet Mall, 2nd Fl
Minneapolis, MN
1 $612,000
Ulster Savings Bank 180 Schwenk Dr
Kingston, NY
1 $300,000
United Western Bancorp Inc. 700-17th St, Ste 2100
Denver, CO
1 $340,000
Unity Bancorp 64 Old Hwy 22
Clinton, NJ
1 $350,000
Ups Capital Business Credit 425 Day Hill Rd
Windsor, CT
1 $1,000,000
Valley National Bancorp 1455 Valley Rd
Wayne, NJ
1 $341,000
Wachovia Bank National Associ 100 N Main St
Winston Salem, NC
1 $1,334,000
Wachovia Sba Lending 1620 E. Roseville Parkway
Roseville, CA
1 $250,000
Wilshire Bancorp 3200 Wilshire Blvd
Los Angeles, CA
1 $300,000
Woori Bank 203 Hoehyondong 1-Ga, Chung-Gu
Seoul,
1 $552,000
From the November 2009 issue
Source: Small Business Administration. 7(a) loans in Fiscal Year 2009, through Aug. 31, 2009.
Best Places Winners
MAPS
Find your launch spot
Do you prefer a place that is: Small Medium Large
The factors that matter most to me are:
 Affordable wages  Few foreclosures
 Educated workers  Low housing costs
 Low crime  High local incomes
 A growing economy  Population growth
 Growing small business population

Video
ireportTell us why: Low taxes? Talented workers? An active small business community? Send us your photos and videos, and you could be featured in our upcoming coverage of reader-picked Best Places to Launch. More
This year we partnered with the Ewing Marion Kauffman Foundation to find the 50 most business-friendly communities in America.

With help from Robert Fairlie, an economist and leading scholar of entrepreneurship at the University of California, Santa Cruz, we developed a methodology and sifted through such data on factors such as per capita income, hourly wages, workforce quality, crime rates, taxes and foreclosures. More

Comments? E-mail the editors
Data partners

This package was produced in partnership with the Ewing Marion Kauffman Foundation.

Foreclosure data provided by RealtyTrac.

Housing price-to-income data provided by Moody's Economy.com.