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New Jersey SBA Loan Data

62,224 loans totaling $21.2B across all SBA programs.

Total Loans
62,224
1992–2025
Total Volume
$21.2B
Gross approval amount
Avg Loan Size
$341K
Median: $110K
Avg Interest Rate
8.08%
Default rate: 14.1%

SBA Lending by County

Click any county to explore its loan data. Showing: Total Volume

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Counties in New Jersey

Bergen9,169$2.7B$299K
Middlesex5,481$2.1B$387K
Monmouth5,025$1.8B$355K
Essex4,694$1.5B$313K
Union3,758$1.4B$366K
Morris3,783$1.3B$351K
Camden3,831$1.3B$346K
Ocean3,757$1.2B$330K
Burlington2,986$1.1B$363K
Hudson3,643$1.0B$281K
Passaic3,180$1.0B$318K
Somerset2,389$869.3M$364K
Mercer2,232$807.4M$362K
Atlantic1,632$570.0M$349K
Gloucester1,605$554.9M$346K
Cape May1,030$486.3M$472K
Hunterdon1,412$462.1M$327K
Sussex823$284.4M$346K
Cumberland622$262.3M$422K
Warren765$220.2M$288K
Salem221$100.6M$455K
Unassigned61$14.6M$239K

New Jersey Loan Status

New Jersey Loan Status showing Active: 17.3%, Paid in Full: 52.5%, Charged Off: 11.5%, Cancelled: 17.4%, Committed: 1.4%
Active17.3%
Paid in Full52.5%
Charged Off11.5%
Cancelled17.4%
Committed1.4%

Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.

New Jersey Annual Lending Volume

New Jersey Annual Lending Volume from 1992 to 2025

Number of Loans per Year

Number of Loans per Year from 1992 to 2025

Top Industries

Top Industries with 12 categories

Loan Size Distribution

Loan Size Distribution with 7 categories

Top Lenders in New Jersey

TD Bank, National Association11,793$2.5B$209K9.26%11.2%
Fulton Bank, National Association1,867$1.1B$582K6.49%12.0%
Provident Bank1,323$788.9M$596K6.54%6.2%
PNC Bank, National Association4,304$757.5M$176K7.71%19.5%
Unity Bank1,478$712.5M$482K6.35%8.7%
Wells Fargo Bank National Association2,587$685.5M$265K8.57%10.5%
Readycap Lending, LLC1,302$589.3M$453K11.07%17.7%
Bank of America, National Association5,974$577.9M$97K7.20%22.3%
Live Oak Banking Company422$543.3M$1.3M7.33%1.1%
Valley National Bank1,914$468.8M$245K8.41%12.1%
Hana Bank USA National Association1,300$465.7M$358K5.55%16.4%
JPMorgan Chase Bank, National Association3,020$465.2M$154K8.12%18.9%
Newtek Small Business Finance, Inc.645$379.4M$588K7.13%8.3%
NewBank520$320.9M$617K6.20%8.5%
The Bank of Princeton431$318.9M$740K5.91%7.7%
Wilmington Savings Fund Society FSB376$281.0M$747K7.23%3.3%
Popular Bank1,200$277.1M$231K7.30%25.2%
Brookline Bank, a Division of Beacon Bank and Trust286$276.6M$967K7.17%4.0%
Santander Bank, National Association1,538$262.0M$170K8.31%13.3%
Bank of Hope789$253.6M$321K6.62%37.4%
Columbia Bank717$242.5M$338K6.55%6.7%
Northeast Bank858$239.6M$279K9.89%11.1%
OceanFirst Bank, National Association621$238.8M$385K5.73%15.2%
Manufacturers and Traders Trust Company1,607$234.3M$146K9.30%8.2%
New Millennium Bank459$232.4M$506K6.18%9.8%

Get the Data

Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.

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