SBA 7(a) lenders in Morris, NJ

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

Lenders

126 institutions have SBA 7(a) loans on record in Morris, together $868.2M across 1,954 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	456	$86.8M	10.0%	2.16%
2	Provident Bank	75	$49.1M	5.7%	3.37%
3	Fulton Bank, National Association	51	$48.3M	5.6%	0.00%
4	Live Oak Banking Company	43	$47.7M	5.5%	0.00%
5	Beacon Bank and Trust	19	$27.6M	3.2%	0.00%
6	Wells Fargo Bank National Association	89	$25.9M	3.0%	6.29%
7	HSBC Bank USA National Association	11	$25.9M	3.0%	0.00%
8	Unity Bank	22	$24.2M	2.8%	1.41%
9	JPMorgan Chase Bank, National Association	159	$22.7M	2.6%	3.46%
10	Newtek Small Business Finance, Inc.	32	$20.8M	2.4%	0.00%
11	PNC Bank, National Association	60	$19.0M	2.2%	3.22%
12	NewBank	28	$17.9M	2.1%	2.03%
13	The Bank of Princeton	16	$17.6M	2.0%	1.57%
14	Wilmington Savings Fund Society FSB	24	$16.3M	1.9%	1.82%
15	First National Bank of Pennsylvania	12	$15.4M	1.8%	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	92	$13.1M	1.5%	2.19%
19	Newtek Bank, National Association	31	$12.2M	1.4%	0.00%
20	Readycap Lending, LLC	24	$12.0M	1.4%	4.75%
21	Meridian Bank	8	$11.8M	1.4%	0.00%
22	FinWise Bank	10	$11.3M	1.3%	0.00%
23	Dime Commercial Bank	7	$11.0M	1.3%	0.00%
24	Celtic Bank Corporation	22	$11.0M	1.3%	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	1.2%	0.00%
28	Banc of California	5	$9.3M	1.1%	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	1.0%	1.61%
34	The Huntington National Bank	34	$8.1M	0.9%	3.66%
35	First Bank	19	$7.7M	0.9%	1.99%
36	Northeast Bank	41	$7.4M	0.8%	6.26%
37	Bank of America, National Association	22	$6.9M	0.8%	0.73%
38	Hana Bank USA National Association	18	$6.5M	0.8%	0.00%
39	Citizens Bank, National Association	5	$6.5M	0.7%	0.00%
40	Byline Bank	7	$6.5M	0.7%	0.00%
41	BCB Community Bank	8	$6.5M	0.7%	0.00%
42	Magyar Bank	11	$6.4M	0.7%	0.00%
43	Fifth Third Bank	4	$6.3M	0.7%	0.00%
44	New Millennium Bank	21	$5.8M	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%	11.41%
47	Hanover Community Bank	10	$5.0M	0.6%	0.00%
48	ConnectOne Bank	1	$5.0M	0.6%	0.00%
49	Crown Bank	1	$5.0M	0.6%	0.00%
50	Somerset Regal Bank	15	$5.0M	0.6%	2.49%
51	The MINT National Bank	1	$4.7M	0.5%	0.00%
52	Harvest Small Business Finance, LLC	5	$4.6M	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	Trenton Business Assistance Corporation	20	$2.8M	0.3%	3.25%
61	First Bank	3	$2.7M	0.3%	0.00%
62	Ameris Bank	1	$2.5M	0.3%	0.00%
63	Heritage Bank Inc	2	$2.5M	0.3%	0.00%
64	United Midwest Savings Bank National Association	10	$2.4M	0.3%	0.00%
65	First Merchants Bank	2	$2.4M	0.3%	34.28%
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	Parke Bank	1	$558K	0.1%	0.00%
99	Merchants Bank of Indiana	1	$535K	0.1%	0.00%
100	Alma Bank	1	$500K	0.1%	0.00%
101	PromiseOne Bank	1	$490K	0.1%	0.00%
102	Independence Bank	4	$475K	0.1%	24.60%
103	Federal Deposit Insurance Corporation	2	$452K	0.1%	14.30%
104	Union County Economic Development Corporation	3	$450K	0.1%	29.99%
105	PCB Bank	2	$428K	0.0%	0.00%
106	U.S. Bank, National Association	2	$413K	0.0%	0.00%
107	CTBC Bank Corp. (USA)	1	$400K	0.0%	0.00%
108	Millennium bcpbank, N.A.	3	$400K	0.0%	0.00%
109	First Bank	1	$381K	0.0%	0.00%
110	Atlantic Union Bank	1	$340K	0.0%	0.00%
111	Cross River Bank	1	$315K	0.0%	0.00%
112	Columbia Bank	1	$307K	0.0%	0.00%
113	Colony Bank	2	$300K	0.0%	0.00%
114	Habib American Bank	1	$280K	0.0%	0.00%
115	Popular Bank	11	$245K	0.0%	47.16%
116	Capital One National Association	4	$225K	0.0%	18.63%
117	Lendistry SBLC, LLC	2	$209K	0.0%	0.00%
118	Old National Bank	1	$176K	0.0%	0.00%
119	Capital Bank, National Association	1	$150K	0.0%	0.00%
120	Small Business Bank	1	$150K	0.0%	0.00%
121	SoFi Bank, National Association	1	$150K	0.0%	68.29%
122	Blue Foundry Bank	1	$112K	0.0%	0.00%
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	217	$155.9M	18.0%
2	Health care & social assistance	159	$99.1M	11.4%
3	Professional & technical services	247	$95.2M	11.0%
4	Retail trade	165	$89.5M	10.3%
5	Other services	243	$77.7M	8.9%
6	Construction	217	$61.8M	7.1%
7	Wholesale trade	86	$60.3M	6.9%
8	Arts, entertainment & recreation	77	$43.6M	5.0%
9	Administrative & waste services	152	$37.0M	4.3%
10	Manufacturing	46	$35.1M	4.0%
11	Retail trade	76	$22.7M	2.6%
12	Manufacturing	31	$20.6M	2.4%
13	Educational services	60	$15.6M	1.8%
14	Finance & insurance	34	$14.5M	1.7%
15	Real estate & leasing	28	$12.6M	1.5%
16	Transportation & warehousing	62	$8.7M	1.0%
17	Transportation & warehousing	10	$8.4M	1.0%
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.