New Jersey SBA Loan Data
62,224 loans totaling $21.2B across all SBA programs.
Total Loans
62,224
1991–2025
Total Volume
$21.2B
Gross approval amount
Avg Loan Size
$341K
Median: $110K
Avg Interest Rate
8.08%
Default rate: 14.1%
New Jersey Loan Status
Active17.3%
Paid in Full52.5%
Charged Off11.5%
Cancelled17.1%
Committed1.4%
Download State Data
Get the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
New Jersey Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in New Jersey
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| TD Bank, National Association | 11,681 | $2.3B | $195K | 9.26% | 11.2% |
| Fulton Bank, National Association | 1,809 | $1.0B | $577K | 6.49% | 12.3% |
| PNC Bank, National Association | 4,272 | $736.7M | $172K | 7.71% | 19.6% |
| Unity Bank | 1,452 | $674.8M | $465K | 6.35% | 8.8% |
| Provident Bank | 1,204 | $645.8M | $536K | 6.54% | 6.6% |
| Wells Fargo Bank National Association | 2,545 | $631.6M | $248K | 8.57% | 10.6% |
| Readycap Lending, LLC | 1,302 | $589.3M | $453K | 11.07% | 17.7% |
| Live Oak Banking Company | 417 | $527.6M | $1.3M | 7.33% | 1.1% |
| Bank of America, National Association | 5,891 | $477.9M | $81K | 7.20% | 22.5% |
| Hana Bank USA National Association | 1,299 | $463.9M | $357K | 5.55% | 16.4% |
| Valley National Bank | 1,900 | $446.6M | $235K | 8.41% | 12.2% |
| Newtek Small Business Finance, Inc. | 643 | $374.8M | $583K | 7.13% | 8.3% |
| JPMorgan Chase Bank, National Association | 2,908 | $372.3M | $128K | 8.12% | 19.4% |
| NewBank | 499 | $304.0M | $609K | 6.20% | 8.5% |
| The Bank of Princeton | 416 | $297.8M | $716K | 5.91% | 7.7% |
| Wilmington Savings Fund Society FSB | 375 | $280.4M | $748K | 7.23% | 3.3% |
| Brookline Bank, a Division of Beacon Bank and Trust | 272 | $271.0M | $996K | 7.17% | 4.1% |
| Popular Bank | 1,192 | $261.2M | $219K | 7.30% | 25.4% |
| Santander Bank, National Association | 1,526 | $251.5M | $165K | 8.31% | 13.3% |
| Northeast Bank | 858 | $239.6M | $279K | 9.89% | 11.1% |
| Bank of Hope | 778 | $234.9M | $302K | 6.62% | 37.9% |
| Peapack Private Bank and Trust | 263 | $229.1M | $871K | 7.43% | 1.4% |
| New Millennium Bank | 450 | $227.8M | $506K | 6.18% | 9.9% |
| Hanover Community Bank | 163 | $219.5M | $1.3M | 7.11% | 0.0% |
| FinWise Bank | 154 | $216.7M | $1.4M | 8.06% | 2.2% |
Top Counties in New Jersey
| County | Loans | Volume▼ |
|---|---|---|
| Bergen → | 9,169 | $2.7B |
| Middlesex → | 5,484 | $2.1B |
| Monmouth → | 5,025 | $1.8B |
| Essex → | 4,694 | $1.5B |
| Union → | 3,758 | $1.4B |
| Morris → | 3,783 | $1.3B |
| Camden → | 3,831 | $1.3B |
| Ocean → | 3,757 | $1.2B |
| Burlington → | 2,986 | $1.1B |
| Hudson → | 3,643 | $1.0B |
| Passaic → | 3,180 | $1.0B |
| Somerset → | 2,389 | $869.3M |
| Mercer → | 2,232 | $807.4M |
| Atlantic → | 1,632 | $570.0M |
| Gloucester → | 1,605 | $554.9M |
| Cape May → | 1,030 | $486.3M |
| Hunterdon → | 1,412 | $462.1M |
| Sussex → | 823 | $284.4M |
| Cumberland → | 622 | $262.3M |
| Warren → | 765 | $220.2M |
| Salem → | 221 | $100.6M |
| Kings → | 12 | $10.3M |
| Philadelphia → | 7 | $6.8M |
| Delaware → | 5 | $5.3M |
| Collin → | 2 | $3.0M |
Showing 1–25 of 30
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