New Millennium Bank
Based in NJ966 SBA loans totaling $776.9M.
Total Loans
966
1992–2025
Total Volume
$776.9M
Gross approval amount
Avg Loan Size
$804K
Median: $350K
Avg Interest Rate
6.22%
Default Rate
6.3%
States Served
22
+ 1 territories
New Millennium Bank — Annual Lending Volume
New Millennium Bank — Annual Lending Volume from 2000 to 2025
New Millennium Bank — Annual Loan Count
New Millennium Bank — Annual Loan Count from 2000 to 2025
Where They Lend
Where They Lend with 15 categories
What They Lend For
What They Lend For with 10 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Loan Outcomes
Loan Outcomes showing Active: 28.1%, Paid in Full: 50.1%, Charged Off: 5.3%, Cancelled: 15.4%, Committed: 1.1%
Active28.1%
Paid in Full50.1%
Charged Off5.3%
Cancelled15.4%
Committed1.1%
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