Bank · Bedminster, NJ
Peapack Private Bank and Trust: SBA lending profile
#270
National rank by loans
Peapack Private Bank and Trust approved 147 SBA loans worth $159.4M between October 2021 and June 2026, ranking #270 of 2,283 SBA lenders nationally by loan count. Its median loan was $680,000, and 22% went to startups or businesses under two years old. It lent in 7 states, most often in New Jersey, and its most financed industry was retail.
SBA loans per fiscal year
0 30 60 90 FY14: 1 loans FY14 FY15: 1 loans FY15 FY16: 17 loans FY16 FY17: 24 loans FY17 FY18: 30 loans FY18 FY19: 38 loans FY19 FY20: 28 loans FY20 FY21: 86 loans FY21 86 FY22: 25 loans FY22 FY23: 41 loans FY23 FY24: 31 loans FY24 FY25: 39 loans FY25 FY26 (Oct to Jun): 11 loans FY26 11 Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Where Peapack Private Bank and Trust lends
State Loans Approved Median loan Rank in state
New Jersey 96 $97.9M $625,000 #23 New York 32 $34.7M $1,000,000 #62 Pennsylvania 12 $14.2M $684,000 #88 California 3 $6.0M $500,000 #225 Florida 2 $3.6M $1,805,000 #268 Connecticut 1 $1.4M $1,422,000 #119 Texas 1 $1.6M $1,575,000 #457
Industries Peapack Private Bank and Trust finances
Industry Loans Share Median loan
Retail 43
$750,000 Restaurants and hotels 30
$637,500 Health care and social assistance 16
$745,000 Other services (repair, personal care) 13
$900,000 Professional and technical services 10
$796,500 Construction 9
$425,000 Manufacturing 7
$1,000,000 Wholesale trade 5
$500,000 Arts, entertainment and recreation 4
$562,500 Administrative and support services 3
$578,000
Loan size mix
Under $150,000 5% $150,000 to $500,000 29% $500,000 to $2 million 52% $2 million and up 14% Loan programs used
Preferred Lender (PLP) 86% SBA Express 13% Standard 7(a) 1% PLP MARC 1%
Bank financials · Q2 2026
Total assets
$8.0B
Return on assets (annualized)
0.84%
Tier 1 capital to assets
8.9%
Business (C&I) loans
$2.0B
Noncurrent loans
1.08%
Uninsured deposits
36%
From the bank's FDIC call report. Shown for context, not as a rating. FDIC certificate 11035.
Loan terms
Median initial rate, FY2025 to date
9.50%
Variable-rate share
100%
Median term
10 years
Startups and new businesses
22%
Charge-off rate, 2010 to 2019 loans now closed
2.7%
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See its SBA market share in every state and county, who is taking share from it, how its rates compare, and the busy counties where it makes no loans.
See its market report Figures come from the SBA's public loan records and describe loans the SBA approved, not applications or the lender's full business.
Methodology