40 SBA loans worth $12.1M went to businesses in Absecon, NJ between October 2021 and June 2026, from 18 lenders. TD Bank made the most, 15 loans. The median loan was $147,000, compared with $150,000 across New Jersey, and administrative and support services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 15 | $1.4M | $55,000 | 13% |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $600K | $250,000 | 0% |
| 3 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $128K | $20,000 | 67% |
| 4 | MINT National Bank Bank · Kingwood, TX | 2 | $1.5M | $745,500 | 50% |
| 5 | Trenton Business Assistance Certified development company · Princeton, NJ | 2 | $1.3M | $631,000 | 0% |
| 6 | TowneBank Bank · Portsmouth, VA | 2 | $1.0M | $510,250 | 100% |
| 7 | Hanover Community Bank Bank · Garden City Park, NY | 2 | $560K | $280,000 | 100% |
| 8 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 1 | $1.9M | $1,900,000 | 100% |
| 9 | Seacoast National Bank Bank · Stuart, FL | 1 | $1.1M | $1,050,000 | 0% |
| 10 | Meridian Bank Bank · Wayne, PA | 1 | $900K | $900,000 | 100% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $500K | $500,000 | 100% |
| 12 | Trenton Business Assistance Non-bank lender · Princeton, NJ | 1 | $350K | $350,000 | 0% |
| 13 | Truliant FCU Credit union · Winston-Salem, NC | 1 | $315K | $315,000 | 0% |
| 14 | Bank of America Bank · Charlotte, NC | 1 | $241K | $240,600 | 100% |
| 15 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 8 | $100,000 | TD Bank | |
| Restaurants and hotels | 8 | $322,000 | Hanover Community Bank | |
| Construction | 7 | $195,000 | TD Bank | |
| Retail | 5 | $315,000 | Trenton Business Assistance | |
| Professional and technical services | 3 | $97,800 | Wells Fargo Bank | |
| Health care and social assistance | 3 | $350,000 | Readycap Lending | |
| Transportation and warehousing | 3 | $45,000 | TD Bank | |
| Arts, entertainment and recreation | 1 | $900,000 | Meridian Bank |