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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

Bergen →9,169$2.7B$299K
Middlesex →5,481$2.1B$387K
Monmouth →5,025$1.8B$355K
Essex →4,694$1.5B$313K
Union →3,758$1.4B$366K
Morris →3,783$1.3B$351K
Camden →3,831$1.3B$346K
Ocean →3,757$1.2B$330K
Burlington →2,986$1.1B$363K
Hudson →3,643$1.0B$281K
Passaic →3,180$1.0B$318K
Somerset →2,389$869.3M$364K
Mercer →2,232$807.4M$362K
Atlantic →1,632$570.0M$349K
Gloucester →1,605$554.9M$346K
Cape May →1,030$486.3M$472K
Hunterdon →1,412$462.1M$327K
Sussex →823$284.4M$346K
Cumberland →622$262.3M$422K
Warren →765$220.2M$288K
Salem →221$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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