Wholesale trade lenders in Somerset, NJ
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
19 institutions have SBA 7(a) loans on record to this industry in Somerset, NJ, together $35.6M across 61 loans. HSBC Bank USA National Association is the largest, with 30% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | HSBC Bank USA National Association | 7 | $10.5M | 29.5% |
| 2 | Haddon Savings Bank | 3 | $6.8M | 19.1% |
| 3 | TD Bank, National Association | 17 | $3.6M | 10.2% |
| 4 | Peapack Private Bank and Trust | 4 | $3.1M | 8.8% |
| 5 | Beacon Bank and Trust | 2 | $2.5M | 7.0% |
| 6 | Cathay Bank | 1 | $1.7M | 4.7% |
| 7 | Newtek Small Business Finance, Inc. | 1 | $1.5M | 4.2% |
| 8 | JPMorgan Chase Bank, National Association | 5 | $1.1M | 3.0% |
| 9 | Provident Bank | 2 | $1.0M | 2.8% |
| 10 | Somerset Regal Bank | 2 | $935K | 2.6% |
| 11 | Wells Fargo Bank National Association | 4 | $872K | 2.5% |
| 12 | BayFirst National Bank | 3 | $470K | 1.3% |
| 13 | Hana Bank USA National Association | 1 | $400K | 1.1% |
| 14 | Fulton Bank, National Association | 1 | $350K | 1.0% |
| 15 | PNC Bank, National Association | 2 | $250K | 0.7% |
| 16 | OceanFirst Bank, National Association | 1 | $225K | 0.6% |
| 17 | Northeast Bank | 1 | $149K | 0.4% |
| 18 | Santander Bank, National Association | 2 | $100K | 0.3% |
| 19 | Popular Bank | 2 | $30K | 0.1% |
See wholesale trade lenders nationally
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.