SBA 7(a) lenders in Ocean, NJ

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

Lenders

119 institutions have SBA 7(a) loans on record in Ocean, together $830.1M across 2,211 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	765	$102.9M	12.4%	3.93%
2	Provident Bank	104	$74.3M	9.0%	0.93%
3	Fulton Bank, National Association	66	$45.8M	5.5%	4.23%
4	Live Oak Banking Company	37	$37.7M	4.5%	1.29%
5	Cross River Bank	21	$33.6M	4.0%	0.00%
6	FinWise Bank	41	$32.9M	4.0%	0.95%
7	First Commerce Bank	67	$29.5M	3.6%	0.00%
8	Magyar Bank	29	$24.1M	2.9%	0.00%
9	Hanover Community Bank	12	$18.4M	2.2%	0.00%
10	PNC Bank, National Association	52	$18.2M	2.2%	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%	0.85%
14	Beacon Bank and Trust	12	$14.9M	1.8%	0.00%
15	OceanFirst Bank, National Association	18	$14.7M	1.8%	14.12%
16	Peapack Private Bank and Trust	14	$14.2M	1.7%	0.00%
17	JPMorgan Chase Bank, National Association	85	$13.4M	1.6%	1.16%
18	Hana Bank USA National Association	19	$12.3M	1.5%	0.00%
19	BCB Community Bank	13	$12.3M	1.5%	0.00%
20	New Millennium Bank	11	$11.6M	1.4%	1.53%
21	Northeast Bank	41	$11.5M	1.4%	5.10%
22	Manufacturers and Traders Trust Company	116	$11.5M	1.4%	4.90%
23	The Huntington National Bank	23	$10.0M	1.2%	3.28%
24	Newtek Small Business Finance, Inc.	17	$9.4M	1.1%	0.29%
25	Kearny Bank	23	$8.8M	1.1%	10.17%
26	TowneBank	8	$7.9M	1.0%	0.00%
27	First National Bank of Pennsylvania	6	$7.8M	0.9%	0.00%
28	BayFirst National Bank	44	$7.0M	0.8%	22.36%
29	NewBank	11	$6.9M	0.8%	0.00%
30	Truist Bank	4	$6.7M	0.8%	0.00%
31	Columbia Bank	7	$6.4M	0.8%	0.00%
32	Santander Bank, National Association	90	$6.4M	0.8%	2.75%
33	First Bank	5	$6.1M	0.7%	0.00%
34	Newtek Bank, National Association	17	$6.0M	0.7%	0.00%
35	Harvest Small Business Finance, LLC	4	$6.0M	0.7%	0.00%
36	Crown Bank	2	$5.9M	0.7%	0.00%
37	Wilmington Savings Fund Society FSB	8	$5.8M	0.7%	0.00%
38	First Internet Bank of Indiana	2	$5.0M	0.6%	0.00%
39	The Bank of Princeton	7	$4.7M	0.6%	0.00%
40	Bank of America, National Association	18	$4.6M	0.6%	1.05%
41	Bank of Hope	6	$4.6M	0.6%	1.22%
42	KeyBank National Association	10	$4.5M	0.5%	0.00%
43	Celtic Bank Corporation	20	$4.4M	0.5%	5.86%
44	Truliant FCU	1	$4.3M	0.5%	0.00%
45	Firstrust Savings Bank	5	$4.2M	0.5%	0.00%
46	Centerstone SBA Lending, Inc.	1	$4.2M	0.5%	0.00%
47	Dime Commercial Bank	2	$4.1M	0.5%	0.00%
48	FDIC - Community Bank & Trust-West Georgia	2	$4.0M	0.5%	0.00%
49	First Bank	4	$4.0M	0.5%	0.00%
50	Grasshopper Bank National Association	2	$3.6M	0.4%	0.00%
51	Fountainhead SBF LLC	1	$3.4M	0.4%	0.00%
52	Univest Bank and Trust Co	1	$3.3M	0.4%	0.00%
53	Blue Foundry Bank	1	$3.1M	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	Pathward National Association	2	$2.8M	0.3%	0.00%
57	Five Star Bank	8	$2.7M	0.3%	0.00%
58	Pinnacle Bank	1	$2.6M	0.3%	79.91%
59	Webster Bank National Association	5	$2.6M	0.3%	0.00%
60	Customers Bank	4	$2.5M	0.3%	12.86%
61	Gulf Coast Bank and Trust Company	3	$2.4M	0.3%	0.00%
62	First Bank of the Lake	2	$2.3M	0.3%	0.00%
63	Banc of California	2	$2.1M	0.3%	0.00%
64	The Ephrata National Bank	1	$2.1M	0.3%	0.00%
65	Manasquan Bank	19	$2.0M	0.2%	20.95%
66	Mid Penn Bank	8	$2.0M	0.2%	23.46%
67	Stone Bank	1	$2.0M	0.2%	0.00%
68	First Merchants Bank	2	$1.9M	0.2%	0.00%
69	United Midwest Savings Bank National Association	8	$1.9M	0.2%	7.16%
70	Popular Bank	2	$1.8M	0.2%	77.21%
71	Financial Resources Federal Credit Union	2	$1.6M	0.2%	0.00%
72	Hanmi Bank	2	$1.6M	0.2%	0.00%
73	Parke Bank	1	$1.5M	0.2%	0.00%
74	Byline Bank	1	$1.5M	0.2%	0.00%
75	FWBank	1	$1.4M	0.2%	0.00%
76	Citizens Bank	2	$1.4M	0.2%	0.00%
77	The Bancorp Bank National Association	4	$1.3M	0.2%	0.00%
78	Ponce Bank National Association	1	$1.3M	0.2%	0.00%
79	Valley National Bank	6	$1.2M	0.1%	22.71%
80	Stearns Bank National Association	4	$1.2M	0.1%	0.00%
81	Northwest FCU	1	$1.1M	0.1%	0.00%
82	Banesco USA	2	$1.1M	0.1%	0.00%
83	Northfield Bank	1	$1.1M	0.1%	0.00%
84	Bank Five Nine	2	$1.1M	0.1%	0.00%
85	Happen Bank	2	$1.0M	0.1%	0.00%
86	Business Lenders, LLC	1	$1.0M	0.1%	0.00%
87	BankUnited, National Association	1	$982K	0.1%	0.00%
88	Fund-Ex Solutions Group, LLC	1	$921K	0.1%	0.00%
89	Commonwealth Business Bank	1	$900K	0.1%	0.00%
90	Coastal States Bank	1	$807K	0.1%	0.00%
91	Evolve Bank and Trust	1	$792K	0.1%	0.00%
92	Union County Economic Development Corporation	4	$660K	0.1%	0.00%
93	Lendistry SBLC, LLC	4	$640K	0.1%	0.00%
94	The State Exchange Bank	1	$500K	0.1%	0.00%
95	22nd State Bank, A Division of 22nd State Banking Company	1	$470K	0.1%	0.00%
96	CIBC Bank USA	2	$394K	0.0%	0.00%
97	Seacoast National Bank	1	$350K	0.0%	0.00%
98	Paragon Bank	1	$309K	0.0%	0.00%
99	Colony Bank	2	$299K	0.0%	0.00%
100	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$281K	0.0%	0.00%
101	Federal Deposit Insurance Corporation	1	$264K	0.0%	0.00%
102	Shinhan Bank America	1	$250K	0.0%	0.00%
103	Community Reinvestment Fund, Inc.	1	$250K	0.0%	0.00%
104	Citizens Bank, National Association	3	$212K	0.0%	0.00%
105	CDC Small Business Finance Corp.	1	$175K	0.0%	0.00%
106	NYBDC Local Development Corporation dba Pursuit Community Finance	1	$162K	0.0%	0.00%
107	Independence Bank	1	$150K	0.0%	0.00%
108	Carver State Bank	1	$140K	0.0%	53.36%
109	Empire State Certified Development Corporation	1	$135K	0.0%	0.00%
110	Heritage Bank Inc	1	$129K	0.0%	0.00%
111	Citibank, N.A.	1	$125K	0.0%	0.00%
112	Capital One National Association	2	$100K	0.0%	47.25%
113	Shoreham Bank	1	$100K	0.0%	0.00%
114	Prestamos CDFI, LLC	1	$100K	0.0%	55.26%
115	Sturdy Savings Bank	1	$75K	0.0%	0.00%
116	VelocitySBA, LLC	8	$75K	0.0%	21.81%
117	Somerset Regal Bank	1	$75K	0.0%	0.00%
118	U.S. Bank, National Association	2	$60K	0.0%	0.00%
119	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	234	$150.9M	18.2%
2	Retail trade	215	$117.6M	14.2%
3	Health care & social assistance	168	$75.9M	9.1%
4	Other services	203	$71.9M	8.7%
5	Arts, entertainment & recreation	75	$69.6M	8.4%
6	Construction	374	$67.8M	8.2%
7	Retail trade	179	$63.3M	7.6%
8	Wholesale trade	175	$54.6M	6.6%
9	Professional & technical services	158	$29.6M	3.6%
10	Real estate & leasing	53	$27.5M	3.3%
11	Administrative & waste services	125	$27.0M	3.3%
12	Transportation & warehousing	78	$14.6M	1.8%
13	Manufacturing	24	$12.7M	1.5%
14	Manufacturing	36	$9.9M	1.2%
15	Transportation & warehousing	15	$9.1M	1.1%
16	Manufacturing	32	$7.7M	0.9%
17	Educational services	22	$7.7M	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.