SBA 7(a) lenders in Mercer, NJ

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

119 institutions have SBA 7(a) loans on record in Mercer, together $547.3M across 1,223 loans. Fulton Bank, National Association is the largest, with 10% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Fulton Bank, National Association	57	$54.7M	10.0%	0.59%
2	TD Bank, National Association	186	$30.4M	5.6%	1.57%
3	First Bank	42	$27.7M	5.1%	2.51%
4	Provident Bank	44	$27.7M	5.1%	0.00%
5	Live Oak Banking Company	23	$25.5M	4.7%	1.22%
6	Beacon Bank and Trust	34	$19.9M	3.6%	22.31%
7	Wells Fargo Bank National Association	77	$18.8M	3.4%	3.11%
8	PNC Bank, National Association	59	$16.8M	3.1%	0.30%
9	The Bank of Princeton	16	$15.3M	2.8%	13.87%
10	Northfield Bank	40	$14.9M	2.7%	0.29%
11	Newtek Small Business Finance, Inc.	17	$12.5M	2.3%	0.00%
12	Peapack Private Bank and Trust	5	$10.0M	1.8%	0.00%
13	Meridian Bank	13	$9.7M	1.8%	0.00%
14	Citizens Bank, National Association	23	$9.6M	1.8%	0.35%
15	The Huntington National Bank	23	$9.4M	1.7%	1.90%
16	Hana Bank USA National Association	20	$9.2M	1.7%	18.06%
17	Unity Bank	9	$9.1M	1.7%	0.00%
18	Santander Bank, National Association	48	$8.8M	1.6%	1.22%
19	Wilmington Savings Fund Society FSB	15	$8.1M	1.5%	0.00%
20	Newtek Bank, National Association	20	$7.9M	1.4%	0.00%
21	Port 51 Lending LLC	4	$7.8M	1.4%	0.00%
22	Truist Bank	10	$7.6M	1.4%	0.00%
23	New Millennium Bank	10	$7.2M	1.3%	0.00%
24	Celtic Bank Corporation	15	$7.1M	1.3%	0.77%
25	OceanFirst Bank, National Association	8	$6.2M	1.1%	0.00%
26	Manufacturers and Traders Trust Company	53	$5.5M	1.0%	6.69%
27	First Commonwealth Bank	8	$5.5M	1.0%	0.00%
28	Northeast Bank	19	$5.1M	0.9%	0.00%
29	Pathward National Association	2	$5.0M	0.9%	0.00%
30	American Heritage FCU	1	$4.8M	0.9%	0.00%
31	Readycap Lending, LLC	8	$4.8M	0.9%	0.00%
32	JPMorgan Chase Bank, National Association	31	$4.7M	0.9%	7.60%
33	Bank of Hope	12	$4.6M	0.8%	2.27%
34	Parke Bank	4	$4.6M	0.8%	0.00%
35	World Trade Finance, Inc.	1	$4.5M	0.8%	0.00%
36	First Commerce Bank	16	$4.2M	0.8%	4.31%
37	Cross River Bank	1	$4.2M	0.8%	0.00%
38	Trenton Business Assistance Corporation	33	$4.1M	0.7%	3.27%
39	NewBank	3	$3.7M	0.7%	0.00%
40	Hanover Community Bank	10	$3.6M	0.7%	0.00%
41	Columbia Bank	5	$3.6M	0.7%	0.00%
42	Magyar Bank	7	$3.5M	0.6%	0.00%
43	ConnectOne Bank	3	$3.3M	0.6%	0.00%
44	HomeTrust Bank	1	$3.3M	0.6%	0.00%
45	BayFirst National Bank	17	$3.1M	0.6%	9.45%
46	Harvest Small Business Finance, LLC	7	$3.1M	0.6%	0.00%
47	Firstrust Savings Bank	5	$3.0M	0.5%	0.00%
48	First National Bank of Pennsylvania	1	$2.8M	0.5%	0.00%
49	Mid Penn Bank	3	$2.8M	0.5%	0.00%
50	The Bancorp Bank National Association	5	$2.6M	0.5%	0.00%
51	Haddon Savings Bank	2	$2.5M	0.5%	0.00%
52	United Midwest Savings Bank National Association	10	$2.5M	0.5%	5.37%
53	Woori America Bank	6	$2.4M	0.4%	0.00%
54	MI Bank	1	$2.2M	0.4%	0.00%
55	Mission Valley Bank	1	$2.2M	0.4%	0.00%
56	Capital Bank, National Association	1	$2.0M	0.4%	0.00%
57	Patriot Bank, National Association	1	$2.0M	0.4%	0.00%
58	Popular Bank	2	$1.8M	0.3%	0.00%
59	Banc of California	1	$1.8M	0.3%	0.00%
60	Genesis Bank	1	$1.8M	0.3%	0.00%
61	United FCU	1	$1.8M	0.3%	0.00%
62	Happen Bank	2	$1.7M	0.3%	0.00%
63	Bank of America, National Association	16	$1.7M	0.3%	2.97%
64	Primis Bank	1	$1.6M	0.3%	0.00%
65	First State Bank Nebraska	1	$1.6M	0.3%	0.00%
66	BCB Community Bank	5	$1.5M	0.3%	5.83%
67	Webster Bank National Association	2	$1.4M	0.3%	0.00%
68	Fifth Third Bank	1	$1.3M	0.2%	0.00%
69	Financial Resources Federal Credit Union	5	$1.3M	0.2%	0.00%
70	Atlantic Union Bank	1	$1.3M	0.2%	0.00%
71	Five Star Bank	5	$1.2M	0.2%	0.00%
72	Simmons Bank	3	$1.2M	0.2%	0.00%
73	Univest Bank and Trust Co	4	$1.1M	0.2%	0.00%
74	FinWise Bank	2	$1.1M	0.2%	0.00%
75	Empire State Bank	2	$1.1M	0.2%	0.00%
76	Byline Bank	3	$1.0M	0.2%	7.54%
77	East West Bank	2	$1.0M	0.2%	0.00%
78	Kearny Bank	2	$1.0M	0.2%	0.00%
79	First Merchants Bank	2	$1.0M	0.2%	0.00%
80	Citizens Bank	2	$1.0M	0.2%	0.00%
81	The First National Bank of Elmer	1	$900K	0.2%	0.00%
82	First Financial Bank	1	$898K	0.2%	0.00%
83	Colony Bank	1	$860K	0.2%	0.00%
84	United Community Bank	1	$854K	0.2%	0.00%
85	Ponce Bank National Association	1	$828K	0.2%	0.00%
86	Customers Bank	5	$821K	0.2%	8.10%
87	Metro City Bank	1	$800K	0.1%	0.00%
88	Quaint Oak Bank	3	$755K	0.1%	0.00%
89	Credit Union of New Jersey, A FCU	2	$750K	0.1%	37.77%
90	Bank Five Nine	1	$685K	0.1%	0.00%
91	Capital One National Association	3	$635K	0.1%	0.00%
92	CRF Small Business Loan Company, LLC	2	$607K	0.1%	0.00%
93	Hanmi Bank	1	$562K	0.1%	0.00%
94	Tioga-Franklin Savings Bank	2	$546K	0.1%	0.00%
95	KeyBank National Association	1	$500K	0.1%	0.00%
96	Crown Bank	1	$500K	0.1%	0.00%
97	Magnifi Financial CU	1	$498K	0.1%	0.00%
98	Hyperion Bank	1	$486K	0.1%	67.45%
99	Woodforest National Bank	1	$465K	0.1%	0.00%
100	Associated Bank National Association	1	$458K	0.1%	0.00%
101	First Bank of the Lake	2	$431K	0.1%	0.00%
102	Stearns Bank National Association	2	$365K	0.1%	0.00%
103	FCNB Bank	1	$350K	0.1%	0.00%
104	Leader Bank, National Association	1	$348K	0.1%	0.00%
105	PromiseOne Bank	1	$320K	0.1%	0.00%
106	Shinhan Bank America	1	$300K	0.1%	57.58%
107	United Bank of Philadelphia	1	$300K	0.1%	0.00%
108	Lendistry SBLC, LLC	1	$300K	0.1%	0.00%
109	Union County Economic Development Corporation	2	$272K	0.0%	0.00%
110	Valley Economic Development Corp.	1	$250K	0.0%	0.00%
111	Citizens & Northern Bank	1	$250K	0.0%	0.00%
112	BankUnited, National Association	2	$222K	0.0%	0.00%
113	Small Business Bank	1	$171K	0.0%	0.00%
114	CIBC Bank USA	2	$161K	0.0%	0.00%
115	Cathay Bank	1	$150K	0.0%	0.00%
116	Independence Bank	1	$125K	0.0%	81.26%
117	CDC Small Business Finance Corp.	1	$100K	0.0%	0.00%
118	VelocitySBA, LLC	7	$80K	0.0%	18.08%
119	NorthEast Community Bank	1	$50K	0.0%	0.00%

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.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Retail trade	131	$74.9M	13.7%
2	Accommodation & food services	167	$71.6M	13.1%
3	Health care & social assistance	134	$68.8M	12.6%
4	Professional & technical services	187	$61.6M	11.3%
5	Other services	123	$48.8M	8.9%
6	Wholesale trade	56	$44.7M	8.2%
7	Manufacturing	20	$31.2M	5.7%
8	Administrative & waste services	77	$28.8M	5.3%
9	Construction	77	$24.0M	4.4%
10	Manufacturing	21	$15.3M	2.8%
11	Arts, entertainment & recreation	34	$14.8M	2.7%
12	Real estate & leasing	19	$12.2M	2.2%
13	Transportation & warehousing	44	$11.2M	2.0%
14	Retail trade	45	$10.5M	1.9%
15	Educational services	33	$9.6M	1.8%
16	Finance & insurance	23	$7.5M	1.4%
17	Manufacturing	17	$4.6M	0.8%
18	Transportation & warehousing	3	$4.3M	0.8%
19	Information	11	$2.8M	0.5%
20	Agriculture, forestry & fishing	1	$100K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

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.