NYBDC Local Development Corporation dba Pursuit Community Fi
Headquartered in Latham, NY. Analysis based on 63 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $12.9M.
Total 7(a) loans
63
Total approved
$12.9M
Average loan
$204K
States funded in
3
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
13.89%
Average rate
9.50%
Average term
138 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 11 |
| 713940 | Fitness and Recreational Sports Centers | 5 |
| 722513 | Limited-Service Restaurants | 4 |
| 713990 | All Other Amusement and Recreation Industries | 2 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 |
| 812199 | Other Personal Care Services | 2 |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 |
| 424810 | Beer and Ale Merchant Wholesalers | 1 |
| 238910 | Site Preparation Contractors | 1 |
| 221122 | Electric Power Distribution | 1 |
Top 10 states
| State | Loans |
|---|---|
| NY | 44 |
| PA | 13 |
| NJ | 6 |
Top franchise brands financed
4 franchise loans across 4 distinct brands.
| Franchise | Loans |
|---|---|
| FASTSIGNS | 1 |
| PrimoHoagies | 1 |
| Seniors Helping Seniors | 1 |
| Sylvan Learning Centers | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.