SBA 7(a) lenders in Ocean, NJ

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

Lenders

117 institutions have SBA 7(a) loans on record in Ocean, together $852.2M across 2,254 loans. TD Bank, National Association is the largest, with 12% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	TD Bank, National Association	773	$104.0M	12.2%	4.40%
2	Provident Bank	105	$75.2M	8.8%	0.92%
3	Fulton Bank, National Association	69	$49.2M	5.8%	3.94%
4	Live Oak Banking Company	45	$43.8M	5.1%	1.11%
5	Cross River Bank	21	$33.6M	3.9%	0.00%
6	FinWise Bank	41	$32.9M	3.9%	1.90%
7	First Commerce Bank	67	$29.5M	3.5%	0.00%
8	Magyar Bank	29	$24.1M	2.8%	0.00%
9	Hanover Community Bank	12	$18.4M	2.2%	0.00%
10	PNC Bank, National Association	53	$18.2M	2.1%	0.69%
11	Readycap Lending, LLC	43	$17.8M	2.1%	0.00%
12	Unity Bank	12	$17.8M	2.1%	0.00%
13	Wells Fargo Bank National Association	96	$16.1M	1.9%	1.02%
14	Beacon Bank and Trust	13	$15.5M	1.8%	0.00%
15	OceanFirst Bank, National Association	18	$14.7M	1.7%	14.12%
16	Peapack Private Bank and Trust	14	$14.2M	1.7%	0.00%
17	JPMorgan Chase Bank, National Association	86	$13.7M	1.6%	1.13%
18	Manufacturers and Traders Trust Company	121	$12.4M	1.5%	5.09%
19	Hana Bank USA National Association	19	$12.3M	1.4%	0.00%
20	BCB Community Bank	13	$12.3M	1.4%	0.00%
21	Northeast Bank	42	$11.7M	1.4%	5.04%
22	New Millennium Bank	11	$11.6M	1.4%	1.53%
23	The Huntington National Bank	25	$10.8M	1.3%	3.04%
24	Newtek Small Business Finance, LLC	17	$9.4M	1.1%	0.29%
25	Columbia Bank	9	$9.0M	1.1%	0.00%
26	Santander Bank, National Association	95	$9.0M	1.1%	1.95%
27	Kearny Bank	23	$8.8M	1.0%	10.17%
28	TowneBank	8	$7.9M	0.9%	0.00%
29	First National Bank of Pennsylvania	6	$7.8M	0.9%	0.00%
30	Pathward National Association	3	$7.8M	0.9%	0.00%
31	BayFirst National Bank	44	$7.0M	0.8%	22.36%
32	NewBank	11	$6.9M	0.8%	0.00%
33	Truist Bank	4	$6.7M	0.8%	0.00%
34	First Internet Bank of Indiana	3	$6.5M	0.8%	0.00%
35	First Bank	7	$6.4M	0.7%	0.00%
36	Harvest Small Business Finance, LLC	5	$6.3M	0.7%	0.00%
37	Newtek Bank, National Association	18	$6.2M	0.7%	0.00%
38	Crown Bank	2	$5.9M	0.7%	0.00%
39	Wilmington Savings Fund Society FSB	8	$5.8M	0.7%	0.00%
40	KeyBank National Association	12	$5.0M	0.6%	0.00%
41	The Bank of Princeton	7	$4.7M	0.5%	0.00%
42	Bank of America, National Association	18	$4.6M	0.5%	1.05%
43	Bank of Hope	6	$4.6M	0.5%	1.22%
44	Celtic Bank Corporation	21	$4.5M	0.5%	5.67%
45	Truliant FCU	1	$4.3M	0.5%	0.00%
46	Firstrust Savings Bank	5	$4.2M	0.5%	0.00%
47	Centerstone SBA Lending, Inc.	1	$4.2M	0.5%	0.00%
48	Dime Commercial Bank	2	$4.1M	0.5%	0.00%
49	FDIC - Community Bank & Trust-West Georgia	2	$4.0M	0.5%	0.00%
50	First Bank	4	$4.0M	0.5%	0.00%
51	Grasshopper Bank National Association	2	$3.6M	0.4%	0.00%
52	Fountainhead SBF LLC	1	$3.4M	0.4%	0.00%
53	Univest Bank and Trust Co	1	$3.3M	0.4%	0.00%
54	Meridian Bank	7	$3.1M	0.4%	2.43%
55	Trenton Business Assistance Corporation	24	$3.0M	0.4%	1.59%
56	Five Star Bank	8	$2.7M	0.3%	0.00%
57	Pinnacle Bank	1	$2.6M	0.3%	79.91%
58	Customers Bank	4	$2.5M	0.3%	12.86%
59	Gulf Coast Bank and Trust Company	3	$2.4M	0.3%	0.00%
60	First Bank of the Lake	2	$2.3M	0.3%	0.00%
61	Banc of California	2	$2.1M	0.2%	0.00%
62	Stone Bank	2	$2.1M	0.2%	0.00%
63	The Ephrata National Bank	1	$2.1M	0.2%	0.00%
64	Manasquan Bank	19	$2.0M	0.2%	20.95%
65	Mid Penn Bank	8	$2.0M	0.2%	23.46%
66	First Merchants Bank	2	$1.9M	0.2%	0.00%
67	United Midwest Savings Bank National Association	8	$1.9M	0.2%	7.16%
68	Popular Bank	2	$1.8M	0.2%	77.21%
69	Financial Resources Federal Credit Union	2	$1.6M	0.2%	0.00%
70	Hanmi Bank	2	$1.6M	0.2%	0.00%
71	Parke Bank	1	$1.5M	0.2%	0.00%
72	Byline Bank	1	$1.5M	0.2%	0.00%
73	FWBank	1	$1.4M	0.2%	0.00%
74	Citizens Bank	2	$1.4M	0.2%	0.00%
75	The Bancorp Bank National Association	4	$1.3M	0.2%	0.00%
76	Ponce Bank National Association	1	$1.3M	0.1%	0.00%
77	Valley National Bank	6	$1.2M	0.1%	22.71%
78	Stearns Bank National Association	4	$1.2M	0.1%	0.00%
79	Northwest FCU	1	$1.1M	0.1%	0.00%
80	Banesco USA	2	$1.1M	0.1%	0.00%
81	Climate First Bank	1	$1.1M	0.1%	0.00%
82	Bank Five Nine	2	$1.1M	0.1%	0.00%
83	Happen Bank	2	$1.0M	0.1%	0.00%
84	Business Lenders, LLC	1	$1.0M	0.1%	0.00%
85	BankUnited, National Association	1	$982K	0.1%	0.00%
86	Fund-Ex Solutions Group, LLC	1	$921K	0.1%	0.00%
87	Lendistry SBLC, LLC	5	$920K	0.1%	0.00%
88	Commonwealth Business Bank	1	$900K	0.1%	0.00%
89	Coastal States Bank	1	$807K	0.1%	0.00%
90	Evolve Bank and Trust	1	$792K	0.1%	0.00%
91	Union County Economic Development Corporation	4	$660K	0.1%	0.00%
92	The State Exchange Bank	1	$500K	0.1%	0.00%
93	22nd State Bank, A Division of 22nd State Banking Company	1	$470K	0.1%	0.00%
94	CIBC Bank USA	2	$394K	0.0%	0.00%
95	Seacoast National Bank	1	$350K	0.0%	0.00%
96	Paragon Bank	1	$309K	0.0%	0.00%
97	Colony Bank	2	$299K	0.0%	0.00%
98	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$281K	0.0%	0.00%
99	Federal Deposit Insurance Corporation	1	$264K	0.0%	0.00%
100	Shinhan Bank America	1	$250K	0.0%	0.00%
101	Community Reinvestment Fund, Inc.	1	$250K	0.0%	0.00%
102	Citizens Bank, National Association	3	$212K	0.0%	0.00%
103	CDC Small Business Finance Corp.	1	$175K	0.0%	0.00%
104	NYBDC Local Development Corporation dba Pursuit Community Finance	1	$162K	0.0%	0.00%
105	Independence Bank	1	$150K	0.0%	0.00%
106	Carver State Bank	1	$140K	0.0%	53.36%
107	Empire State Certified Development Corporation	1	$135K	0.0%	0.00%
108	Heritage Bank Inc	1	$129K	0.0%	0.00%
109	Citibank, N.A.	1	$125K	0.0%	0.00%
110	Prestamos CDFI, LLC	1	$100K	0.0%	55.26%
111	Capital One National Association	2	$100K	0.0%	47.25%
112	Shoreham Bank	1	$100K	0.0%	0.00%
113	Sturdy Savings Bank	1	$75K	0.0%	0.00%
114	VelocitySBA, LLC	8	$75K	0.0%	21.81%
115	Somerset Regal Bank	1	$75K	0.0%	0.00%
116	U.S. Bank, National Association	2	$60K	0.0%	0.00%
117	Union Settlement FCU	1	$25K	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	239	$153.4M	18.0%
2	Retail trade	219	$119.3M	14.0%
3	Other services	209	$77.3M	9.1%
4	Health care & social assistance	171	$76.4M	9.0%
5	Arts, entertainment & recreation	78	$70.0M	8.2%
6	Construction	381	$68.8M	8.1%
7	Retail trade	180	$63.5M	7.5%
8	Wholesale trade	178	$55.6M	6.5%
9	Professional & technical services	158	$29.6M	3.5%
10	Administrative & waste services	128	$29.3M	3.4%
11	Real estate & leasing	53	$27.5M	3.2%
12	Transportation & warehousing	81	$16.3M	1.9%
13	Educational services	24	$12.9M	1.5%
14	Manufacturing	24	$12.7M	1.5%
15	Manufacturing	37	$9.9M	1.2%
16	Transportation & warehousing	16	$9.3M	1.1%
17	Manufacturing	33	$7.8M	0.9%
18	Finance & insurance	15	$5.6M	0.7%
19	Information	18	$3.4M	0.4%
20	Agriculture, forestry & fishing	9	$2.8M	0.3%
21	Management of companies	2	$600K	0.1%
22	Utilities	1	$350K	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.