SBA 7(a) lenders in Monmouth, NJ

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

159 institutions have SBA 7(a) loans on record in Monmouth, together $1.10B across 2,656 loans. TD Bank, National Association is the largest, with 7% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	TD Bank, National Association	580	$81.1M	7.3%	4.16%
2	Live Oak Banking Company	60	$74.0M	6.7%	0.90%
3	Provident Bank	88	$66.8M	6.1%	1.29%
4	Fulton Bank, National Association	50	$48.1M	4.4%	0.37%
5	Wells Fargo Bank National Association	134	$46.5M	4.2%	3.13%
6	BCB Community Bank	23	$36.0M	3.3%	0.00%
7	Magyar Bank	54	$28.1M	2.5%	1.20%
8	Hanover Community Bank	27	$26.4M	2.4%	0.00%
9	OceanFirst Bank, National Association	56	$25.9M	2.3%	0.00%
10	Kearny Bank	68	$22.9M	2.1%	0.00%
11	Manufacturers and Traders Trust Company	150	$21.9M	2.0%	4.34%
12	JPMorgan Chase Bank, National Association	139	$20.3M	1.8%	2.13%
13	Byline Bank	11	$19.8M	1.8%	0.00%
14	Peapack Private Bank and Trust	23	$19.1M	1.7%	0.00%
15	Northeast Bank	80	$18.0M	1.6%	9.37%
16	Beacon Bank and Trust	16	$17.0M	1.5%	0.00%
17	Columbia Bank	28	$16.9M	1.5%	1.37%
18	The Huntington National Bank	36	$16.0M	1.5%	0.00%
19	First Bank	23	$15.6M	1.4%	0.00%
20	Newtek Small Business Finance, LLC	30	$15.4M	1.4%	0.00%
21	Newtek Bank, National Association	34	$15.2M	1.4%	0.00%
22	Hana Bank USA National Association	35	$14.9M	1.3%	2.30%
23	First Bank	11	$14.6M	1.3%	1.31%
24	FinWise Bank	9	$14.6M	1.3%	0.00%
25	Capital One National Association	16	$14.0M	1.3%	0.16%
26	Unity Bank	20	$13.9M	1.3%	0.00%
27	First Commerce Bank	19	$12.7M	1.1%	0.00%
28	Readycap Lending, LLC	34	$12.1M	1.1%	5.99%
29	Manasquan Bank	40	$11.6M	1.1%	0.50%
30	NewBank	25	$11.1M	1.0%	2.89%
31	Meridian Bank	14	$10.8M	1.0%	0.93%
32	Bank of America, National Association	40	$10.8M	1.0%	1.30%
33	PNC Bank, National Association	60	$9.9M	0.9%	8.26%
34	The Bancorp Bank National Association	11	$9.6M	0.9%	0.00%
35	Financial Resources Federal Credit Union	16	$9.5M	0.9%	2.57%
36	Santander Bank, National Association	128	$9.5M	0.9%	7.56%
37	Wilmington Savings Fund Society FSB	11	$9.4M	0.9%	4.80%
38	First National Bank of Pennsylvania	7	$8.5M	0.8%	0.00%
39	T Bank, National Association	4	$8.3M	0.8%	0.00%
40	GBank	3	$8.3M	0.7%	0.00%
41	Celtic Bank Corporation	30	$7.9M	0.7%	3.07%
42	Customers Bank	14	$7.8M	0.7%	0.00%
43	Firstrust Savings Bank	4	$7.6M	0.7%	0.00%
44	BankUnited, National Association	3	$7.3M	0.7%	0.00%
45	BayFirst National Bank	32	$7.3M	0.7%	2.06%
46	KeyBank National Association	6	$7.0M	0.6%	0.73%
47	TowneBank	8	$7.0M	0.6%	0.00%
48	United Community Bank	5	$6.0M	0.5%	0.00%
49	Bank of Hope	19	$5.9M	0.5%	2.45%
50	Hometown Bank	2	$5.8M	0.5%	0.00%
51	First Bank of the Lake	10	$5.8M	0.5%	0.00%
52	Harvest Small Business Finance, LLC	5	$5.7M	0.5%	0.00%
53	Pinnacle Bank	2	$5.4M	0.5%	0.00%
54	Crown Bank	7	$5.2M	0.5%	0.00%
55	Citizens Bank	2	$4.8M	0.4%	0.00%
56	The Bank of Princeton	6	$4.8M	0.4%	0.00%
57	Stearns Bank National Association	14	$4.6M	0.4%	0.00%
58	Trenton Business Assistance Corporation	35	$4.4M	0.4%	0.06%
59	New Millennium Bank	13	$4.3M	0.4%	0.00%
60	Cross River Bank	3	$4.3M	0.4%	0.00%
61	Bankwell Bank	3	$4.3M	0.4%	0.00%
62	Capital Bank, National Association	5	$4.1M	0.4%	0.00%
63	ConnectOne Bank	4	$4.0M	0.4%	0.00%
64	Open Bank	1	$4.0M	0.4%	0.00%
65	22nd State Bank, A Division of 22nd State Banking Company	3	$4.0M	0.4%	0.00%
66	Citizens Bank, National Association	9	$4.0M	0.4%	0.00%
67	Heritage Bank Inc	2	$3.9M	0.4%	0.00%
68	First Commonwealth Bank	2	$3.8M	0.3%	0.00%
69	Columbia Bank	4	$3.6M	0.3%	0.00%
70	Northwest FCU	3	$3.3M	0.3%	0.00%
71	Commonwealth Business Bank	2	$3.2M	0.3%	0.00%
72	United Midwest Savings Bank National Association	11	$3.0M	0.3%	0.00%
73	Somerset Regal Bank	2	$3.0M	0.3%	0.00%
74	FDIC - Community Bank & Trust-West Georgia	3	$2.9M	0.3%	0.00%
75	The MINT National Bank	4	$2.8M	0.2%	0.00%
76	Happen Bank	2	$2.7M	0.2%	0.00%
77	Climate First Bank	1	$2.5M	0.2%	0.00%
78	Truliant FCU	2	$2.4M	0.2%	0.00%
79	Valley National Bank	10	$2.4M	0.2%	4.37%
80	Ameris Bank	2	$2.3M	0.2%	0.00%
81	Simmons Bank	7	$2.3M	0.2%	0.00%
82	Spring Bank	1	$2.3M	0.2%	0.00%
83	U.S. Bank, National Association	2	$2.0M	0.2%	0.00%
84	CNB Bank	2	$2.0M	0.2%	0.00%
85	Evolve Bank and Trust	2	$1.5M	0.1%	0.00%
86	Grasshopper Bank National Association	3	$1.5M	0.1%	0.00%
87	Paradise Bank	2	$1.5M	0.1%	0.00%
88	First Merchants Bank	2	$1.4M	0.1%	0.00%
89	Community Federal Savings Bank	1	$1.4M	0.1%	0.00%
90	Banc of California	3	$1.3M	0.1%	0.00%
91	Metro City Bank	2	$1.3M	0.1%	0.00%
92	Milestone Bank	2	$1.2M	0.1%	36.94%
93	First Financial Bank	2	$1.2M	0.1%	0.00%
94	Wachovia SBA Lending, Inc.	1	$1.2M	0.1%	0.00%
95	Empire State Bank	1	$1.2M	0.1%	0.00%
96	Independence Bank	8	$1.1M	0.1%	0.00%
97	Mid Penn Bank	4	$1.1M	0.1%	0.00%
98	Midwest BankCentre	1	$1.1M	0.1%	0.00%
99	Centerstone SBA Lending, Inc.	1	$1.1M	0.1%	0.00%
100	Ponce Bank National Association	2	$1.0M	0.1%	0.00%
101	Union County Economic Development Corporation	7	$1.0M	0.1%	26.50%
102	InBank	1	$1.0M	0.1%	0.00%
103	FWBank	2	$977K	0.1%	0.00%
104	SouthState Bank, National Association	1	$950K	0.1%	0.00%
105	East West Bank	1	$923K	0.1%	0.00%
106	Five Star Bank	2	$915K	0.1%	0.00%
107	Dime Commercial Bank	1	$900K	0.1%	0.00%
108	Twin City Bank	2	$900K	0.1%	0.00%
109	Lendistry SBLC, LLC	6	$852K	0.1%	0.00%
110	Lendstream Small Business Finance, LLC	1	$831K	0.1%	0.00%
111	Orrstown Bank	2	$789K	0.1%	0.00%
112	Popular Bank	4	$746K	0.1%	64.64%
113	Atlantic Union Bank	1	$700K	0.1%	0.00%
114	Seacoast National Bank	2	$700K	0.1%	43.01%
115	Citizens & Northern Bank	2	$600K	0.1%	0.00%
116	Business Lenders, LLC	1	$596K	0.1%	55.16%
117	Shoreham Bank	2	$588K	0.1%	0.00%
118	Affinity FCU	1	$580K	0.1%	0.00%
119	Coastal States Bank	1	$572K	0.1%	0.00%
120	Fountainhead SBF LLC	1	$569K	0.1%	0.00%
121	Commercial Bank of California	1	$538K	0.0%	0.00%
122	Greenfield Banking Company	1	$530K	0.0%	0.00%
123	Bank Five Nine	1	$490K	0.0%	0.00%
124	Florida Capital Bank, National Association	2	$475K	0.0%	0.00%
125	HomeTrust Bank	1	$468K	0.0%	0.00%
126	HSBC Bank USA National Association	2	$450K	0.0%	0.00%
127	First Resource Bank	1	$425K	0.0%	0.00%
128	Stone Bank	3	$400K	0.0%	0.00%
129	Cathay Bank	3	$400K	0.0%	0.00%
130	Associated Bank National Association	2	$382K	0.0%	0.00%
131	Hanmi Bank	1	$373K	0.0%	0.00%
132	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$350K	0.0%	0.00%
133	United Bank of Philadelphia	1	$350K	0.0%	0.00%
134	Shinhan Bank America	1	$305K	0.0%	48.47%
135	First Citizens Community Bank	1	$300K	0.0%	0.00%
136	Woori America Bank	2	$280K	0.0%	0.00%
137	Hana Small Business Lending, Inc.	1	$275K	0.0%	0.00%
138	First Internet Bank of Indiana	1	$250K	0.0%	0.00%
139	Continental Bank	1	$200K	0.0%	0.00%
140	First Western SBLC, LLC d/b/a Peachtree Group	1	$192K	0.0%	67.99%
141	Valley Economic Development Corp.	2	$184K	0.0%	0.00%
142	CRF Small Business Loan Company, LLC	1	$175K	0.0%	0.00%
143	Quaint Oak Bank	1	$171K	0.0%	0.00%
144	First Community Bank	1	$160K	0.0%	0.00%
145	Amboy Bank	2	$150K	0.0%	33.33%
146	Industrial Bank	1	$150K	0.0%	0.00%
147	Colony Bank	1	$150K	0.0%	0.00%
148	North State Bank	1	$139K	0.0%	0.00%
149	DR Bank	1	$100K	0.0%	0.00%
150	Millennium bcpbank, N.A.	1	$100K	0.0%	87.64%
151	VelocitySBA, LLC	7	$100K	0.0%	11.59%
152	PCB Bank	1	$100K	0.0%	0.00%
153	Empire State Certified Development Corporation	1	$95K	0.0%	0.00%
154	Pathward National Association	1	$93K	0.0%	0.00%
155	Citibank, N.A.	3	$90K	0.0%	0.00%
156	Univest Bank and Trust Co	1	$50K	0.0%	0.00%
157	Peoples Security Bank and Trust Company	1	$50K	0.0%	0.00%
158	SoFi Bank, National Association	1	$19K	0.0%	0.00%
159	Federal Deposit Insurance Corporation	1	$10K	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	Accommodation & food services	364	$222.3M	20.1%
2	Health care & social assistance	273	$110.4M	10.0%
3	Other services	284	$107.0M	9.7%
4	Retail trade	193	$98.8M	8.9%
5	Construction	305	$90.0M	8.1%
6	Professional & technical services	279	$84.6M	7.7%
7	Arts, entertainment & recreation	134	$72.4M	6.6%
8	Retail trade	131	$51.5M	4.7%
9	Administrative & waste services	144	$44.2M	4.0%
10	Wholesale trade	121	$40.3M	3.7%
11	Real estate & leasing	64	$37.0M	3.3%
12	Finance & insurance	77	$32.4M	2.9%
13	Educational services	44	$22.8M	2.1%
14	Manufacturing	53	$22.6M	2.0%
15	Manufacturing	40	$22.5M	2.0%
16	Transportation & warehousing	76	$13.8M	1.2%
17	Manufacturing	28	$12.3M	1.1%
18	Information	33	$12.3M	1.1%
19	Transportation & warehousing	8	$4.1M	0.4%
20	Utilities	3	$1.9M	0.2%
21	Agriculture, forestry & fishing	1	$1.0M	0.1%
22	Management of companies	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.