SBA 7(a) lenders in Morris, NJ

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

Lenders

126 institutions have SBA 7(a) loans on record in Morris, together $890.9M across 1,989 loans. TD Bank, National Association is the largest, with 10% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	TD Bank, National Association	460	$90.6M	10.2%	2.09%
2	Provident Bank	78	$54.3M	6.1%	3.05%
3	Live Oak Banking Company	46	$49.1M	5.5%	0.00%
4	Fulton Bank, National Association	52	$48.4M	5.4%	0.00%
5	Beacon Bank and Trust	19	$27.6M	3.1%	0.00%
6	Wells Fargo Bank National Association	89	$25.9M	2.9%	6.29%
7	HSBC Bank USA National Association	11	$25.9M	2.9%	0.00%
8	Unity Bank	23	$25.0M	2.8%	1.36%
9	JPMorgan Chase Bank, National Association	161	$23.7M	2.7%	3.31%
10	Newtek Small Business Finance, LLC	32	$20.8M	2.3%	0.00%
11	Wilmington Savings Fund Society FSB	27	$20.6M	2.3%	1.44%
12	PNC Bank, National Association	61	$19.2M	2.2%	3.18%
13	NewBank	28	$17.9M	2.0%	2.03%
14	The Bank of Princeton	16	$17.6M	2.0%	1.57%
15	First National Bank of Pennsylvania	12	$15.4M	1.7%	0.00%
16	Peapack Private Bank and Trust	23	$15.0M	1.7%	0.00%
17	Citibank, N.A.	6	$14.8M	1.7%	0.00%
18	Manufacturers and Traders Trust Company	95	$13.6M	1.5%	2.11%
19	Newtek Bank, National Association	34	$12.9M	1.5%	0.00%
20	Readycap Lending, LLC	24	$12.0M	1.4%	4.75%
21	Meridian Bank	8	$11.8M	1.3%	0.00%
22	FinWise Bank	10	$11.3M	1.3%	0.00%
23	Dime Commercial Bank	7	$11.0M	1.2%	0.00%
24	Celtic Bank Corporation	22	$11.0M	1.2%	7.87%
25	Customers Bank	14	$10.8M	1.2%	0.00%
26	Climate First Bank	3	$10.6M	1.2%	0.00%
27	GBank	2	$10.0M	1.1%	0.00%
28	Banc of California	5	$9.3M	1.0%	0.00%
29	Firstrust Savings Bank	8	$9.1M	1.0%	0.00%
30	Financial Resources Federal Credit Union	10	$8.9M	1.0%	0.00%
31	Columbia Bank	15	$8.8M	1.0%	0.00%
32	BayFirst National Bank	39	$8.7M	1.0%	4.41%
33	Santander Bank, National Association	48	$8.4M	0.9%	1.61%
34	Northeast Bank	46	$8.1M	0.9%	5.68%
35	The Huntington National Bank	34	$8.1M	0.9%	0.00%
36	First Bank	19	$7.7M	0.9%	1.99%
37	Fifth Third Bank	6	$7.6M	0.9%	0.00%
38	New Millennium Bank	22	$6.9M	0.8%	0.00%
39	Bank of America, National Association	22	$6.9M	0.8%	0.73%
40	Hana Bank USA National Association	18	$6.5M	0.7%	0.00%
41	Citizens Bank, National Association	5	$6.5M	0.7%	0.00%
42	Byline Bank	7	$6.5M	0.7%	0.00%
43	BCB Community Bank	8	$6.5M	0.7%	0.00%
44	Magyar Bank	11	$6.4M	0.7%	0.00%
45	FDIC - Community Bank & Trust-West Georgia	3	$5.6M	0.6%	0.00%
46	Simmons Bank	16	$5.1M	0.6%	4.14%
47	Hanover Community Bank	10	$5.0M	0.6%	0.00%
48	Crown Bank	1	$5.0M	0.6%	0.00%
49	ConnectOne Bank	1	$5.0M	0.6%	0.00%
50	Somerset Regal Bank	15	$5.0M	0.6%	2.49%
51	Harvest Small Business Finance, LLC	6	$4.9M	0.6%	0.00%
52	The MINT National Bank	1	$4.7M	0.5%	0.00%
53	Kearny Bank	7	$4.3M	0.5%	0.00%
54	OceanFirst Bank, National Association	5	$4.3M	0.5%	0.00%
55	Five Star Bank	6	$3.6M	0.4%	0.00%
56	Bank of Hope	29	$3.6M	0.4%	22.00%
57	T Bank, National Association	1	$3.5M	0.4%	0.00%
58	Valley National Bank	17	$3.3M	0.4%	3.40%
59	TowneBank	3	$3.3M	0.4%	0.00%
60	First Merchants Bank	3	$2.9M	0.3%	27.81%
61	Trenton Business Assistance Corporation	20	$2.8M	0.3%	3.25%
62	First Bank	3	$2.7M	0.3%	0.00%
63	Ameris Bank	1	$2.5M	0.3%	0.00%
64	Heritage Bank Inc	2	$2.5M	0.3%	0.00%
65	United Midwest Savings Bank National Association	10	$2.4M	0.3%	0.00%
66	Univest Bank and Trust Co	1	$2.4M	0.3%	0.00%
67	United Community Bank	5	$2.3M	0.3%	0.00%
68	First Internet Bank of Indiana	4	$2.2M	0.3%	0.00%
69	Happen Bank	5	$2.1M	0.2%	0.00%
70	First Financial Bank	1	$2.0M	0.2%	0.00%
71	Hyperion Bank	1	$2.0M	0.2%	0.00%
72	The Bancorp Bank National Association	3	$1.9M	0.2%	0.00%
73	CRF Small Business Loan Company, LLC	2	$1.9M	0.2%	3.74%
74	First Bank of the Lake	6	$1.9M	0.2%	0.00%
75	Gulf Coast Bank and Trust Company	3	$1.6M	0.2%	0.00%
76	Truliant FCU	1	$1.6M	0.2%	0.00%
77	KeyBank National Association	5	$1.5M	0.2%	0.00%
78	Citizens Bank	3	$1.5M	0.2%	0.00%
79	First Commonwealth Bank	4	$1.4M	0.2%	0.00%
80	Grasshopper Bank National Association	2	$1.3M	0.1%	0.00%
81	Woori America Bank	5	$1.2M	0.1%	6.20%
82	Stearns Bank National Association	7	$1.1M	0.1%	12.46%
83	Poppy Bank	1	$1.0M	0.1%	0.00%
84	MVB Bank, Inc.	1	$920K	0.1%	0.00%
85	Centerstone SBA Lending, Inc.	1	$915K	0.1%	0.00%
86	Shinhan Bank America	3	$884K	0.1%	0.00%
87	Milestone Bank	2	$880K	0.1%	11.89%
88	East West Bank	1	$825K	0.1%	0.00%
89	First Commerce Bank	6	$823K	0.1%	0.00%
90	Port 51 Lending LLC	2	$818K	0.1%	0.00%
91	Seacoast National Bank	1	$773K	0.1%	0.00%
92	Wachovia SBA Lending, Inc.	1	$763K	0.1%	0.00%
93	Metro City Bank	2	$750K	0.1%	0.00%
94	EagleBank	1	$700K	0.1%	0.00%
95	22nd State Bank, A Division of 22nd State Banking Company	1	$697K	0.1%	0.00%
96	CenTrust Bank, A Division of SmartBiz Bank National Association	3	$651K	0.1%	0.00%
97	New York Business Development Corporation	1	$650K	0.1%	0.00%
98	Lendistry SBLC, LLC	3	$559K	0.1%	0.00%
99	Parke Bank	1	$558K	0.1%	0.00%
100	Merchants Bank of Indiana	1	$535K	0.1%	0.00%
101	Alma Bank	1	$500K	0.1%	0.00%
102	PromiseOne Bank	1	$490K	0.1%	0.00%
103	Independence Bank	4	$475K	0.1%	24.60%
104	Federal Deposit Insurance Corporation	2	$452K	0.1%	14.30%
105	Union County Economic Development Corporation	3	$450K	0.1%	29.99%
106	PCB Bank	2	$428K	0.0%	0.00%
107	U.S. Bank, National Association	2	$413K	0.0%	0.00%
108	CTBC Bank Corp. (USA)	1	$400K	0.0%	0.00%
109	Millennium bcpbank, N.A.	3	$400K	0.0%	0.00%
110	First Bank	1	$381K	0.0%	0.00%
111	Atlantic Union Bank	1	$340K	0.0%	0.00%
112	Cross River Bank	1	$315K	0.0%	0.00%
113	Columbia Bank	1	$307K	0.0%	0.00%
114	Colony Bank	2	$300K	0.0%	0.00%
115	Habib American Bank	1	$280K	0.0%	0.00%
116	Popular Bank	11	$245K	0.0%	47.16%
117	Capital One National Association	4	$225K	0.0%	18.63%
118	DR Bank	1	$208K	0.0%	0.00%
119	Old National Bank	1	$176K	0.0%	0.00%
120	Small Business Bank	1	$150K	0.0%	0.00%
121	Capital Bank, National Association	1	$150K	0.0%	0.00%
122	SoFi Bank, National Association	1	$150K	0.0%	68.29%
123	Prestamos CDFI, LLC	1	$110K	0.0%	0.00%
124	Quaint Oak Bank	1	$50K	0.0%	0.00%
125	NBT Bank, National Association	1	$30K	0.0%	0.00%
126	VelocitySBA, LLC	4	$28K	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	222	$157.6M	17.7%
2	Health care & social assistance	163	$102.1M	11.5%
3	Professional & technical services	251	$96.7M	10.9%
4	Retail trade	166	$89.7M	10.1%
5	Other services	247	$79.6M	8.9%
6	Construction	223	$66.6M	7.5%
7	Wholesale trade	86	$60.3M	6.8%
8	Arts, entertainment & recreation	78	$44.5M	5.0%
9	Manufacturing	48	$39.0M	4.4%
10	Administrative & waste services	156	$38.8M	4.4%
11	Retail trade	78	$25.3M	2.8%
12	Manufacturing	32	$20.7M	2.3%
13	Educational services	60	$15.6M	1.8%
14	Finance & insurance	35	$14.8M	1.7%
15	Real estate & leasing	28	$12.6M	1.4%
16	Transportation & warehousing	62	$8.7M	1.0%
17	Transportation & warehousing	10	$8.4M	0.9%
18	Manufacturing	27	$7.1M	0.8%
19	Information	14	$2.1M	0.2%
20	Mining & extraction	1	$650K	0.1%
21	Agriculture, forestry & fishing	2	$272K	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.