ConnectOne Bank

NY

SBA-approved lender offering 7 loan programs across 14 industries.

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Key Metrics

Interest Rate

9.09%

2.34% over prime

Average Loan

$799K

Per approval

Total Approvals

67

FY 2025

Loan Programs (7)

Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
7a General
International Trade Loans

Industries Served (14)

Beauty SalonsCaterersCoin-Operated Laundries and DrycleanersFitness and Recreational Sports CentersFull-Service RestaurantsHome Health Care ServicesLandscaping ServicesLimited-Service RestaurantsOffices of Mental Health Practitioners (except Physicians)Offices of Physicians, Mental Health SpecialistsOther Activities Related to Real EstatePet Care (except Veterinary) ServicesSnack and Nonalcoholic Beverage BarsSpecialized Freight (except Used Goods) Trucking, Local

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.34%
Effective Rate
9.09%
Fiscal Year
2025
States Served
NY

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