SBA's public loan files credit ESL FCU with 770 loans approved from FY2017 to FY2026, for $80.6 million in gross dollars. The $80.6 million for ESL FCU counts approved dollars, not balances. 770 loans sit under SBA 7(a), every ESL FCU loan here. ESL FCU reads 0 under SBA 504. 770 loans are records SBA keeps on ESL FCU. SBA, not ESL FCU, carries each guarantee. Each of the 770 loans is assigned to ESL FCU now, or last held by it. For ESL FCU, the split means SBA 7(a) only: 770 loans. Here, ESL FCU means the holder SBA names. ESL FCU's 770 loans span FY2017 to FY2026 approvals.

ESL FCU: asset classes and states

For ESL FCU, these classes lead: full-service restaurant with 36 loans; beauty salon with 22 loans; automotive mechanical repair with 21 loans. Another 600 loans credited to ESL FCU fall outside all of those classes. ESL FCU's 770 loans: a slice sits in named classes. ESL FCU lists 36 loans in full-service restaurant. ESL FCU's state listing shows only New York, with 770 loans. Every one of ESL FCU's 770 loans therefore sits in New York. ESL FCU's counts are a map only.

ESL FCU: outcome floors

7.9% of ESL FCU approvals, FY2017 to FY2024, were cancelled. For ESL FCU, 7.9% is a floor. ESL FCU's floor stops at FY2024 approvals. For ESL FCU, 10.3% is the ceiling. The ESL FCU ceiling counts undisbursed loans as cancelled. The ESL FCU rate sits between 7.9% and 10.3%. ESL FCU: the cohort runs FY2017 to FY2021. ESL FCU's cohort holds 359 disbursed loans. 5.0% of ESL FCU loans are charged off to date. For ESL FCU, 5.0% is a floor. ESL FCU: the two rates cover different loans. ESL FCU: 2.5% charged off within 5 years.

ESL FCU: the study comes first

ESL FCU's $80.6 million and 770 loans are on record. At ESL FCU, demand comes first: who pays? For ESL FCU, cost is second; 770 loans do not replace a quote. For ESL FCU, third is debt service coverage. ESL FCU: 5.0% and 7.9% are floors. At ESL FCU, the appraisal comes last: 770 loans cannot set your value. ESL FCU's record cannot settle cost. Here ESL FCU is a holder, not a verdict. ESL FCU's 770 loans state nothing about its requirements. Ask ESL FCU directly. Test first, then compare with ESL FCU's 770 loans. Ask ESL FCU what a complete study contains.

SBA loans held by ESL FCU

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	770
Gross dollars approved	$80.6 million
SBA 7(a) loans	770
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	7.9%
The same, counting loans still undisbursed as cancelled (a ceiling)	10.3%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	5.0%
Charged off within five years of approval	2.5%
Loans in that cohort	359

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	600
Full-service restaurant	36
Beauty salon	22
Automotive mechanical repair (car and truck)	21
Limited-service restaurant	21
Child care center	21
Rehabilitation and therapy clinic	8
Coffee shop and snack bar	7
Grocery store	7
Liquor store	6

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
New York	770

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-ncua-24563.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by ESL FCU or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

ESL FCU: SBA Lending Record