SBA 7(a) lenders in NJ

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.

308 institutions have SBA 7(a) loans on record in NJ, together $13.56B across 32,142 loans.

Shaded by rank among this state's counties, on total approvals.lessmore

Hover a county for its totals, click to open it.

Largest lenders

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	TD Bank, National Association	7,181	$1.10B	8.1%	3.61%
2	Fulton Bank, National Association	1,058	$909.6M	6.7%	1.21%
3	Live Oak Banking Company	496	$603.1M	4.4%	1.61%
4	Provident Bank	843	$587.1M	4.3%	1.45%
5	Wells Fargo Bank National Association	1,449	$367.3M	2.7%	2.67%
6	Unity Bank	419	$334.7M	2.5%	1.19%
7	Wilmington Savings Fund Society FSB	391	$304.9M	2.2%	0.98%
8	NewBank	490	$297.2M	2.2%	3.30%
9	The Bank of Princeton	411	$295.7M	2.2%	2.54%
10	JPMorgan Chase Bank, National Association	1,848	$291.9M	2.2%	3.60%
11	Lender 2057189	398	$279.5M	2.1%	1.07%
12	Beacon Bank and Trust	280	$278.8M	2.1%	2.79%
13	Manufacturers and Traders Trust Company	1,806	$231.4M	1.7%	4.37%
14	Peapack Private Bank and Trust	251	$227.5M	1.7%	0.15%
15	Bank of Hope	637	$221.9M	1.6%	3.72%
16	Hanover Community Bank	164	$220.5M	1.6%	0.00%
17	FinWise Bank	163	$220.3M	1.6%	0.64%
18	PNC Bank, National Association	1,000	$214.3M	1.6%	4.51%
19	Newtek Bank, National Association	521	$206.5M	1.5%	0.00%
20	BCB Community Bank	260	$205.9M	1.5%	1.42%
21	New Millennium Bank	352	$198.5M	1.5%	1.31%
22	Meridian Bank	202	$189.5M	1.4%	0.09%
23	Hana Bank USA National Association	381	$184.4M	1.4%	4.22%
24	The Huntington National Bank	506	$183.5M	1.4%	3.36%
25	Readycap Lending, LLC	423	$183.0M	1.3%	2.83%
26	Columbia Bank	365	$181.3M	1.3%	0.84%
27	Financial Resources Federal Credit Union	188	$167.8M	1.2%	1.70%
28	Santander Bank, National Association	974	$161.7M	1.2%	4.73%
29	Celtic Bank Corporation	347	$152.9M	1.1%	2.28%
30	Northeast Bank	795	$152.4M	1.1%	3.20%
31	Magyar Bank	240	$144.6M	1.1%	0.23%
32	Firstrust Savings Bank	134	$142.5M	1.1%	0.13%
33	OceanFirst Bank, National Association	222	$139.8M	1.0%	2.79%
34	First Bank	206	$132.9M	1.0%	1.13%
35	First National Bank of Pennsylvania	110	$116.8M	0.9%	2.14%
36	Bank of America, National Association	413	$114.9M	0.8%	1.97%
37	Mid Penn Bank	193	$108.5M	0.8%	3.47%
38	Kearny Bank	209	$96.7M	0.7%	3.26%
39	Cross River Bank	61	$95.0M	0.7%	0.00%
40	Byline Bank	72	$91.9M	0.7%	0.19%
41	BayFirst National Bank	465	$89.4M	0.7%	8.23%
42	Truist Bank	113	$85.5M	0.6%	6.67%
43	Banc of California	73	$79.8M	0.6%	2.33%
44	Customers Bank	118	$78.6M	0.6%	1.00%
45	Sturdy Savings Bank	167	$78.3M	0.6%	0.00%
46	The Bancorp Bank National Association	74	$77.4M	0.6%	0.76%
47	KeyBank National Association	117	$73.4M	0.5%	3.18%
48	Metro City Bank	47	$69.8M	0.5%	0.00%
49	First Commerce Bank	148	$66.2M	0.5%	0.34%
50	Citizens Bank, National Association	229	$65.8M	0.5%	2.41%
51	Woori America Bank	112	$65.5M	0.5%	2.94%
52	First Bank of the Lake	86	$64.5M	0.5%	0.43%
53	First Bank	60	$64.3M	0.5%	0.46%
54	Happen Bank	68	$62.9M	0.5%	3.13%
55	Capital One National Association	133	$62.7M	0.5%	1.44%
56	Dime Commercial Bank	43	$59.7M	0.4%	0.00%
57	Harvest Small Business Finance, LLC	55	$55.3M	0.4%	0.00%
58	ConnectOne Bank	52	$54.2M	0.4%	0.00%
59	HSBC Bank USA National Association	56	$52.1M	0.4%	0.13%
60	Valley National Bank	130	$47.6M	0.4%	4.23%
61	Somerset Regal Bank	90	$47.1M	0.3%	1.01%
62	Pathward National Association	23	$46.6M	0.3%	0.00%
63	United Midwest Savings Bank National Association	158	$46.4M	0.3%	2.79%
64	Trenton Business Assistance Corporation	316	$43.2M	0.3%	1.37%
65	Parke Bank	44	$42.1M	0.3%	1.22%
66	Citibank, N.A.	71	$40.3M	0.3%	0.75%
67	The MINT National Bank	31	$39.5M	0.3%	0.00%
68	Haddon Savings Bank	20	$38.5M	0.3%	2.98%
69	Stearns Bank National Association	127	$35.6M	0.3%	2.55%
70	TowneBank	45	$35.1M	0.3%	0.00%
71	BankUnited, National Association	21	$34.3M	0.3%	6.93%
72	GBank	10	$34.2M	0.3%	0.00%
73	Univest Bank and Trust Co	44	$33.6M	0.2%	0.85%
74	Port 51 Lending LLC	19	$32.6M	0.2%	0.00%
75	Crown Bank	34	$31.7M	0.2%	0.00%
76	First Merchants Bank	33	$30.8M	0.2%	5.78%
77	Spring Bank	11	$30.3M	0.2%	12.02%
78	Truliant FCU	20	$29.7M	0.2%	0.00%
79	First Commonwealth Bank	50	$29.6M	0.2%	4.01%
80	First Internet Bank of Indiana	26	$29.2M	0.2%	0.00%
81	Bankwell Bank	17	$26.5M	0.2%	0.00%
82	Fifth Third Bank	19	$25.4M	0.2%	0.00%
83	Hanmi Bank	29	$24.6M	0.2%	0.00%
84	Citizens & Northern Bank	31	$24.1M	0.2%	16.72%
85	PCB Bank	30	$24.0M	0.2%	0.00%
86	Hyperion Bank	20	$21.3M	0.2%	4.51%
87	Quaint Oak Bank	27	$20.4M	0.2%	0.00%
88	Five Star Bank	58	$20.0M	0.1%	1.94%
89	East West Bank	33	$19.6M	0.1%	11.74%
90	Tioga-Franklin Savings Bank	39	$19.3M	0.1%	0.00%
91	Simmons Bank	52	$18.4M	0.1%	2.25%
92	22nd State Bank, A Division of 22nd State Banking Company	16	$17.6M	0.1%	0.00%
93	The First National Bank of Elmer	21	$17.4M	0.1%	0.00%
94	Columbia Bank	21	$17.3M	0.1%	0.11%
95	Grasshopper Bank National Association	27	$17.3M	0.1%	0.00%
96	Popular Bank	131	$17.2M	0.1%	30.18%
97	PromiseOne Bank	25	$17.1M	0.1%	0.00%
98	Shinhan Bank America	39	$17.1M	0.1%	4.08%
99	Gulf Coast Bank and Trust Company	21	$17.1M	0.1%	0.00%
100	Manasquan Bank	68	$17.1M	0.1%	2.85%
101	FDIC - Community Bank & Trust-West Georgia	12	$17.0M	0.1%	0.00%
102	Climate First Bank	8	$16.7M	0.1%	0.00%
103	Citizens Bank	26	$16.6M	0.1%	0.00%
104	Bank Five Nine	23	$16.2M	0.1%	0.00%
105	T Bank, National Association	7	$16.2M	0.1%	0.00%
106	Centerstone SBA Lending, Inc.	11	$14.9M	0.1%	0.00%
107	United Community Bank	23	$14.9M	0.1%	0.00%
108	Heritage Bank Inc	24	$13.5M	0.1%	0.00%
109	HomeTrust Bank	6	$13.5M	0.1%	0.00%
110	First Financial Bank	15	$12.9M	0.1%	0.00%
111	Lendistry SBLC, LLC	74	$12.8M	0.1%	0.00%
112	Ponce Bank National Association	11	$12.4M	0.1%	0.00%
113	Seacoast National Bank	17	$11.9M	0.1%	7.47%
114	Northwest Bank	5	$11.8M	0.1%	0.00%
115	CTBC Bank Corp. (USA)	8	$11.2M	0.1%	0.00%
116	Capital Bank, National Association	19	$10.8M	0.1%	6.47%
117	Pinnacle Bank	6	$10.0M	0.1%	20.69%
118	Ameris Bank	9	$9.8M	0.1%	0.00%
119	Commonwealth Business Bank	13	$9.7M	0.1%	0.00%
120	Milestone Bank	10	$9.2M	0.1%	8.80%
121	Evolve Bank and Trust	10	$9.2M	0.1%	0.00%
122	Lafayette Square SBLC, LLC	11	$9.2M	0.1%	0.00%
123	Poppy Bank	6	$9.0M	0.1%	0.00%
124	American Heritage FCU	10	$8.8M	0.1%	19.40%
125	Mission Valley Bank	5	$8.8M	0.1%	0.00%
126	World Trade Finance, Inc.	6	$8.8M	0.1%	0.00%
127	Stone Bank	19	$8.6M	0.1%	0.00%
128	CRF Small Business Loan Company, LLC	16	$8.4M	0.1%	10.38%
129	Northwest FCU	5	$8.1M	0.1%	0.00%
130	Genesis Bank	9	$8.1M	0.1%	13.42%
131	Hometown Bank	3	$7.9M	0.1%	0.00%
132	Empire State Bank	9	$7.7M	0.1%	0.00%
133	Atlantic Union Bank	6	$7.5M	0.1%	0.00%
134	Patriot Bank, National Association	7	$7.3M	0.1%	0.00%
135	IncredibleBank	6	$7.3M	0.1%	0.00%
136	Independence Bank	59	$7.3M	0.1%	23.11%
137	Colony Bank	44	$7.3M	0.1%	1.36%
138	Union County Economic Development Corporation	52	$7.1M	0.1%	5.63%
139	First Federal Bank	7	$7.1M	0.1%	3.33%
140	Shoreham Bank	18	$7.1M	0.1%	0.00%
141	US Metro Bank	4	$7.0M	0.1%	0.00%
142	Grow America Fund, Incorporated	9	$6.8M	0.1%	9.95%
143	City National Bank	9	$6.4M	0.0%	0.00%
144	Federal Deposit Insurance Corporation	16	$6.4M	0.0%	14.44%
145	First Resource Bank	4	$6.4M	0.0%	0.00%
146	Open Bank	3	$6.3M	0.0%	0.00%
147	MVB Bank, Inc.	5	$6.3M	0.0%	0.00%
148	Hana Small Business Lending, Inc.	11	$6.3M	0.0%	2.81%
149	Millennium bcpbank, N.A.	68	$6.2M	0.0%	21.03%
150	U.S. Bank, National Association	26	$6.0M	0.0%	0.00%
151	Coastal States Bank	7	$6.0M	0.0%	0.00%
152	Old National Bank	4	$5.9M	0.0%	0.00%
153	SouthState Bank, National Association	6	$5.7M	0.0%	0.00%
154	Citadel FCU	2	$5.7M	0.0%	0.00%
155	CenTrust Bank, A Division of SmartBiz Bank National Association	29	$5.6M	0.0%	0.00%
156	Banesco USA	10	$5.6M	0.0%	0.00%
157	Commercial Bank of California	8	$5.5M	0.0%	0.00%
158	Fund-Ex Solutions Group, LLC	4	$5.5M	0.0%	0.00%
159	Royal Business Bank	6	$5.4M	0.0%	0.00%
160	Industrial Bank	17	$5.4M	0.0%	4.88%
161	FWBank	5	$5.1M	0.0%	0.00%
162	American Continental Bank	1	$5.0M	0.0%	0.00%
163	Centennial Bank	1	$5.0M	0.0%	0.00%
164	The Fidelity Bank	5	$4.7M	0.0%	0.00%
165	Leader Bank, National Association	6	$4.7M	0.0%	0.00%
166	The First National Bank of Absecon	6	$4.6M	0.0%	0.00%
167	Business Lenders, LLC	7	$4.5M	0.0%	13.58%
168	Associated Bank National Association	6	$4.4M	0.0%	0.00%
169	Alma Bank	6	$4.4M	0.0%	0.00%
170	First Business Bank	7	$4.3M	0.0%	0.00%
171	Habib American Bank	13	$4.3M	0.0%	6.88%
172	United Bank of Philadelphia	9	$4.1M	0.0%	0.00%
173	Fountainhead SBF LLC	2	$4.0M	0.0%	0.00%
174	North Valley Bank	1	$3.9M	0.0%	0.00%
175	OneWest Bank, A Division of	1	$3.8M	0.0%	0.00%
176	SandT Bank	6	$3.5M	0.0%	0.00%
177	VelocitySBA, LLC	139	$3.5M	0.0%	8.23%
178	Empire State Certified Development Corporation	23	$3.5M	0.0%	0.00%
179	Wachovia SBA Lending, Inc.	4	$3.4M	0.0%	0.00%
180	American Momentum Bank	2	$3.3M	0.0%	0.00%
181	Enterprise Bank & Trust	4	$3.2M	0.0%	0.00%
182	United FCU	3	$3.0M	0.0%	0.00%
183	First-Citizens Bank & Trust Company	6	$2.7M	0.0%	2.84%
184	NYBDC Local Development Corporation dba Pursuit Community Finance	13	$2.7M	0.0%	0.00%
185	CNB Bank	5	$2.6M	0.0%	10.40%
186	Continental Bank	10	$2.5M	0.0%	2.34%
187	Magnifi Financial CU	8	$2.3M	0.0%	0.00%
188	Cathay Bank	6	$2.3M	0.0%	1.80%
189	First Bank of Central Ohio	3	$2.3M	0.0%	0.00%
190	Sunnyside Federal Savings and Loan Association of Irvington	3	$2.2M	0.0%	0.00%
191	MI Bank	1	$2.2M	0.0%	0.00%
192	Midwest BankCentre	2	$2.2M	0.0%	0.00%
193	Millennium Bank	1	$2.1M	0.0%	0.00%
194	The Ephrata National Bank	1	$2.1M	0.0%	0.00%
195	Lendstream Small Business Finance, LLC	2	$2.1M	0.0%	0.00%
196	Luminate Bank	2	$2.0M	0.0%	0.00%
197	Bank of Clarke	2	$2.0M	0.0%	0.00%
198	InBank	2	$2.0M	0.0%	0.00%
199	Cogent Bank	1	$2.0M	0.0%	0.00%
200	North State Bank	6	$1.8M	0.0%	0.00%

The 200 largest shown, of 308 lenders with a record here.

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

By county

Rank	County	Lenders	Loans	Approved
1	Bergen	160	4,893	$1.83B
2	Middlesex	148	2,785	$1.27B
3	Monmouth	159	2,656	$1.10B
4	Essex	138	2,413	$926.5M
5	Morris	126	1,989	$890.9M
6	Union	139	1,955	$872.0M
7	Camden	127	1,796	$860.3M
8	Ocean	117	2,254	$852.2M
9	Burlington	126	1,576	$754.5M
10	Hudson	122	1,906	$644.5M
11	Passaic	109	1,604	$573.8M
12	Somerset	114	1,187	$569.0M
13	Mercer	117	1,245	$563.0M
14	Gloucester	103	912	$389.7M
15	Atlantic	88	782	$335.9M
16	Cape May	68	537	$326.2M
17	Hunterdon	81	576	$265.0M
18	Sussex	67	364	$177.2M
19	Cumberland	54	267	$158.0M
20	Warren	69	318	$131.5M
21	Salem	37	127	$62.0M

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.