Santander Bank approved 327 SBA loans worth $22.4M between October 2021 and June 2026, ranking #133 of 2,283 SBA lenders nationally by loan count. Its median loan was $60,000, and 8% went to startups or businesses under two years old. It lent in 8 states, most often in New Jersey, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New Jersey | 101 | $6.9M | $62,000 | #21 |
| Massachusetts | 96 | $5.8M | $51,500 | #22 |
| New York | 42 | $3.9M | $80,000 | #53 |
| Pennsylvania | 36 | $2.6M | $54,000 | #42 |
| Rhode Island | 28 | $1.7M | $50,000 | #14 |
| Connecticut | 15 | $863K | $50,000 | #30 |
| New Hampshire | 8 | $545K | $68,500 | #43 |
| Maryland | 1 | $83K | $83,000 | #149 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 166 | $63,000 | |
| Restaurants and hotels | 65 | $80,000 | |
| Transportation and warehousing | 45 | $34,000 | |
| Retail | 15 | $60,000 | |
| Real estate and rental | 8 | $54,500 | |
| Health care and social assistance | 6 | $42,500 | |
| Wholesale trade | 6 | $97,500 | |
| Professional and technical services | 6 | $112,500 | |
| Administrative and support services | 4 | $102,500 | |
| Other services (repair, personal care) | 4 | $21,550 |