Provident Bank approved 183 SBA loans worth $199.8M between October 2021 and June 2026, ranking #233 of 2,283 SBA lenders nationally by loan count. Its median loan was $625,000, and 36% 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.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New Jersey | 138 | $142.5M | $600,000 | #16 |
| New York | 26 | $30.4M | $721,500 | #74 |
| Pennsylvania | 13 | $14.9M | $825,000 | #81 |
| Delaware | 2 | $4.4M | $2,185,000 | #52 |
| Florida | 2 | $5.0M | $2,500,000 | #263 |
| Connecticut | 1 | $2.0M | $1,995,000 | #123 |
| Virginia | 1 | $600K | $600,000 | #180 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 40 | $712,500 | |
| Restaurants and hotels | 26 | $575,000 | |
| Health care and social assistance | 22 | $640,000 | |
| Manufacturing | 17 | $594,000 | |
| Professional and technical services | 15 | $513,000 | |
| Other services (repair, personal care) | 14 | $450,000 | |
| Arts, entertainment and recreation | 12 | $859,050 | |
| Construction | 11 | $750,000 | |
| Real estate and rental | 7 | $670,500 | |
| Wholesale trade | 7 | $1,800,000 |