Santander Bank, National Association

NY

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

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Key Metrics

Interest Rate

11.51%

4.76% over prime

Average Loan

$73K

Per approval

Total Approvals

55

FY 2025

Loan Programs (7)

Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
SBA Express Program
Variable Rates
Preferred Lenders Program
Change of Ownership

Industries Served (14)

All Other Specialty Trade ContractorsDrywall and Insulation ContractorsElectrical ContractorsFinish Carpentry ContractorsFull-Service RestaurantsGeneral Freight Trucking, LocalGeneral Freight Trucking, Long Distance, TruckloadGeneral Freight Trucking, Long-Distance, Less Than TruckloadMasonry ContractorsPainting and Wall Covering ContractorsResidential Property ManagersResidential RemodelersStructural Steel and Precast Concrete ContractorsSupermarkets and Other Grocery (except Convenience) Stores

Additional Details

Prime Rate
6.75%
Rate Over Prime
4.76%
Effective Rate
11.51%
Fiscal Year
2025
States Served
NY

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