Educational services lenders in Somerset, NJ
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
24 institutions have SBA 7(a) loans on record to this industry in Somerset, NJ, together $31.4M across 48 loans. Capital One National Association is the largest, with 29% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Capital One National Association | 2 | $9.1M | 28.9% |
| 2 | Unity Bank | 2 | $5.0M | 16.1% |
| 3 | Fulton Bank, National Association | 3 | $4.0M | 12.8% |
| 4 | PCB Bank | 3 | $3.5M | 11.3% |
| 5 | Happen Bank | 2 | $2.8M | 9.0% |
| 6 | Northeast Bank | 2 | $1.8M | 5.7% |
| 7 | Provident Bank | 3 | $1.1M | 3.5% |
| 8 | Crown Bank | 1 | $900K | 2.9% |
| 9 | Manufacturers and Traders Trust Company | 6 | $525K | 1.7% |
| 10 | Kearny Bank | 1 | $398K | 1.3% |
| 11 | JPMorgan Chase Bank, National Association | 2 | $350K | 1.1% |
| 12 | TD Bank, National Association | 7 | $325K | 1.0% |
| 13 | Northfield Bank | 2 | $318K | 1.0% |
| 14 | The Huntington National Bank | 1 | $239K | 0.8% |
| 15 | First Bank | 1 | $195K | 0.6% |
| 16 | Banesco USA | 1 | $185K | 0.6% |
| 17 | Stearns Bank National Association | 1 | $167K | 0.5% |
| 18 | Celtic Bank Corporation | 1 | $150K | 0.5% |
| 19 | Union County Economic Development Corporation | 1 | $94K | 0.3% |
| 20 | PNC Bank, National Association | 2 | $60K | 0.2% |
| 21 | Bank of America, National Association | 1 | $50K | 0.2% |
| 22 | Cathay Bank | 1 | $50K | 0.2% |
| 23 | Wells Fargo Bank National Association | 1 | $15K | 0.0% |
| 24 | VelocitySBA, LLC | 1 | $10K | 0.0% |
See educational services 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.