SBA 7(a) lenders in Monmouth, NJ

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

Lenders

160 institutions have SBA 7(a) loans on record in Monmouth, together $1.08B across 2,612 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	570	$79.8M	7.4%	4.20%
2	Live Oak Banking Company	59	$73.9M	6.9%	0.90%
3	Provident Bank	84	$63.7M	5.9%	1.35%
4	Fulton Bank, National Association	50	$48.1M	4.5%	0.37%
5	Wells Fargo Bank National Association	132	$45.2M	4.2%	3.22%
6	BCB Community Bank	23	$36.0M	3.3%	0.00%
7	Magyar Bank	54	$28.1M	2.6%	1.20%
8	Hanover Community Bank	27	$26.4M	2.5%	0.00%
9	OceanFirst Bank, National Association	56	$25.9M	2.4%	0.00%
10	Kearny Bank	68	$22.9M	2.1%	0.00%
11	Manufacturers and Traders Trust Company	144	$21.1M	2.0%	4.20%
12	JPMorgan Chase Bank, National Association	137	$19.6M	1.8%	2.20%
13	Peapack Private Bank and Trust	23	$19.1M	1.8%	0.00%
14	Northeast Bank	78	$17.5M	1.6%	9.61%
15	Beacon Bank and Trust	16	$17.0M	1.6%	0.00%
16	Columbia Bank	26	$16.1M	1.5%	1.44%
17	The Huntington National Bank	36	$16.0M	1.5%	0.00%
18	First Bank	22	$15.4M	1.4%	0.00%
19	Newtek Small Business Finance, Inc.	30	$15.4M	1.4%	0.00%
20	Newtek Bank, National Association	34	$15.2M	1.4%	0.00%
21	Hana Bank USA National Association	35	$14.9M	1.4%	2.30%
22	First Bank	11	$14.6M	1.4%	1.31%
23	Capital One National Association	16	$14.0M	1.3%	0.16%
24	Unity Bank	20	$13.9M	1.3%	0.00%
25	FinWise Bank	8	$13.8M	1.3%	0.00%
26	First Commerce Bank	19	$12.7M	1.2%	0.00%
27	Readycap Lending, LLC	34	$12.1M	1.1%	5.99%
28	Manasquan Bank	40	$11.6M	1.1%	0.50%
29	NewBank	25	$11.1M	1.0%	2.89%
30	Meridian Bank	14	$10.8M	1.0%	0.93%
31	PNC Bank, National Association	60	$9.9M	0.9%	8.26%
32	Bank of America, National Association	39	$9.9M	0.9%	1.42%
33	Byline Bank	9	$9.8M	0.9%	0.00%
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	Wilmington Savings Fund Society FSB	11	$9.4M	0.9%	4.80%
37	Santander Bank, National Association	126	$8.9M	0.8%	8.07%
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	Celtic Bank Corporation	30	$7.9M	0.7%	3.07%
41	Customers Bank	14	$7.8M	0.7%	0.00%
42	Firstrust Savings Bank	4	$7.6M	0.7%	0.00%
43	BankUnited, National Association	3	$7.3M	0.7%	0.00%
44	BayFirst National Bank	32	$7.3M	0.7%	2.06%
45	KeyBank National Association	6	$7.0M	0.7%	0.00%
46	TowneBank	8	$7.0M	0.6%	0.00%
47	GBank	2	$6.1M	0.6%	0.00%
48	United Community Bank	5	$6.0M	0.6%	0.00%
49	Bank of Hope	19	$5.9M	0.5%	2.45%
50	Pinnacle Bank	2	$5.4M	0.5%	0.00%
51	First Bank of the Lake	9	$5.3M	0.5%	0.00%
52	Crown Bank	7	$5.2M	0.5%	0.00%
53	Harvest Small Business Finance, LLC	4	$5.1M	0.5%	0.00%
54	Hometown Bank	1	$5.0M	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	0.4%	0.00%
69	Columbia Bank	4	$3.6M	0.3%	0.00%
70	Northwest FCU	3	$3.3M	0.3%	0.00%
71	Somerset Regal Bank	2	$3.0M	0.3%	0.00%
72	FDIC - Community Bank & Trust-West Georgia	3	$2.9M	0.3%	0.00%
73	The MINT National Bank	4	$2.8M	0.3%	0.00%
74	United Midwest Savings Bank National Association	10	$2.7M	0.3%	0.00%
75	Happen Bank	2	$2.7M	0.3%	0.00%
76	Climate First Bank	1	$2.5M	0.2%	0.00%
77	Truliant FCU	2	$2.4M	0.2%	0.00%
78	Valley National Bank	10	$2.4M	0.2%	4.37%
79	Ameris Bank	2	$2.3M	0.2%	0.00%
80	Simmons Bank	7	$2.3M	0.2%	0.00%
81	Spring Bank	1	$2.3M	0.2%	0.00%
82	U.S. Bank, National Association	2	$2.0M	0.2%	0.00%
83	CNB Bank	2	$2.0M	0.2%	0.00%
84	Commonwealth Business Bank	1	$1.5M	0.1%	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	InBank	1	$1.0M	0.1%	0.00%
102	Union County Economic Development Corporation	7	$1.0M	0.1%	26.50%
103	SouthState Bank, National Association	1	$950K	0.1%	0.00%
104	East West Bank	1	$923K	0.1%	0.00%
105	Five Star Bank	2	$915K	0.1%	0.00%
106	Dime Commercial Bank	1	$900K	0.1%	0.00%
107	Twin City Bank	2	$900K	0.1%	0.00%
108	Northfield Bank	2	$859K	0.1%	0.00%
109	Lendstream Small Business Finance, LLC	1	$831K	0.1%	0.00%
110	Orrstown Bank	2	$789K	0.1%	0.00%
111	Popular Bank	4	$746K	0.1%	64.64%
112	Atlantic Union Bank	1	$700K	0.1%	0.00%
113	Seacoast National Bank	2	$700K	0.1%	43.01%
114	Citizens & Northern Bank	2	$600K	0.1%	0.00%
115	Webster Bank National Association	2	$600K	0.1%	0.00%
116	Business Lenders, LLC	1	$596K	0.1%	55.16%
117	Affinity FCU	1	$580K	0.1%	0.00%
118	Coastal States Bank	1	$572K	0.1%	0.00%
119	Fountainhead SBF LLC	1	$569K	0.1%	0.00%
120	Commercial Bank of California	1	$538K	0.0%	0.00%
121	Greenfield Banking Company	1	$530K	0.0%	0.00%
122	Bank Five Nine	1	$490K	0.0%	0.00%
123	Florida Capital Bank, National Association	2	$475K	0.0%	0.00%
124	Lendistry SBLC, LLC	4	$472K	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	Shoreham Bank	1	$358K	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	FWBank	1	$281K	0.0%	0.00%
137	Woori America Bank	2	$280K	0.0%	0.00%
138	Hana Small Business Lending, Inc.	1	$275K	0.0%	0.00%
139	First Internet Bank of Indiana	1	$250K	0.0%	0.00%
140	Continental Bank	1	$200K	0.0%	0.00%
141	First Western SBLC, LLC	1	$192K	0.0%	67.99%
142	Valley Economic Development Corp.	2	$184K	0.0%	0.00%
143	CRF Small Business Loan Company, LLC	1	$175K	0.0%	0.00%
144	Quaint Oak Bank	1	$171K	0.0%	0.00%
145	First Community Bank	1	$160K	0.0%	0.00%
146	Amboy Bank	2	$150K	0.0%	33.33%
147	Industrial Bank	1	$150K	0.0%	0.00%
148	Colony Bank	1	$150K	0.0%	0.00%
149	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
150	North State Bank	1	$139K	0.0%	0.00%
151	Millennium bcpbank, N.A.	1	$100K	0.0%	87.64%
152	VelocitySBA, LLC	7	$100K	0.0%	11.59%
153	PCB Bank	1	$100K	0.0%	0.00%
154	Empire State Certified Development Corporation	1	$95K	0.0%	0.00%
155	Pathward National Association	1	$93K	0.0%	0.00%
156	Citibank, N.A.	3	$90K	0.0%	0.00%
157	Peoples Security Bank and Trust Company	1	$50K	0.0%	0.00%
158	Univest Bank and Trust Co	1	$50K	0.0%	0.00%
159	SoFi Bank, National Association	1	$19K	0.0%	0.00%
160	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	360	$220.8M	20.5%
2	Health care & social assistance	268	$109.0M	10.1%
3	Other services	281	$105.2M	9.8%
4	Retail trade	192	$97.0M	9.0%
5	Construction	302	$88.6M	8.2%
6	Professional & technical services	277	$84.3M	7.8%
7	Arts, entertainment & recreation	131	$70.5M	6.5%
8	Retail trade	125	$49.9M	4.6%
9	Wholesale trade	117	$39.0M	3.6%
10	Real estate & leasing	61	$36.3M	3.4%
11	Administrative & waste services	141	$34.1M	3.2%
12	Finance & insurance	76	$32.3M	3.0%
13	Manufacturing	40	$22.5M	2.1%
14	Educational services	42	$22.4M	2.1%
15	Manufacturing	51	$21.6M	2.0%
16	Manufacturing	28	$12.3M	1.1%
17	Information	33	$12.3M	1.1%
18	Transportation & warehousing	74	$11.5M	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.