States Served
Top Industries Financed
- Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturi
- Oil and Gas Field Machinery and Equipment Manufacturing
Quick Summary
Trustco Bank is an SBA-approved lender headquartered in Glenville, New York. Since 2020, they have approved 2 SBA 7(a) loans totaling $350K, with an average loan size of $175K. They primarily serve New York businesses.
About Trustco Bank
Trustco Bank is an SBA-approved lender headquartered in Glenville, New York. Since 2020, they have approved 2 SBA 7(a) loans totaling $350K, with an average loan size of $175K. They primarily serve businesses in New York.
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Frequently Asked Questions
Is Trustco Bank an SBA Preferred Lender?
Trustco Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Trustco Bank approved?
According to SBA FOIA public records, Trustco Bank has approved 2 SBA 7(a) loans totaling $350K since 2020. Their average loan size is $175K.
What states does Trustco Bank serve?
Trustco Bank primarily serves businesses in New York.
How do I apply for an SBA loan with Trustco Bank?
To apply for an SBA 7(a) loan with Trustco Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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