56 SBA loans worth $23.8M went to businesses in Bayonne, NJ between October 2021 and June 2026, from 24 lenders. TD Bank made the most, 14 loans. The median loan was $172,500, compared with $150,000 across New Jersey, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 14 | $1.3M | $25,000 | 64% |
| 2 | Newtek Bank Bank · Miami, FL | 10 | $2.8M | $185,000 | 20% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $1.2M | $500,000 | 0% |
| 4 | Huntington National Bank Bank · Columbus, OH | 3 | $950K | $349,500 | 33% |
| 5 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $210K | $100,000 | 33% |
| 6 | PNC Bank Bank · Wilmington, DE | 2 | $2.2M | $1,099,000 | 50% |
| 7 | Northeast Bank Bank · Portland, ME | 2 | $451K | $225,600 | 50% |
| 8 | New Millennium Bank Bank · Fort Lee, NJ | 2 | $345K | $172,500 | 50% |
| 9 | Colony Bank Bank · Fitzgerald, GA | 2 | $206K | $103,000 | 0% |
| 10 | Union County Economic Development Certified development company · Cranford, NJ | 1 | $5.0M | $4,974,000 | 0% |
| 11 | Empire State Certified Development Certified development company · Latham, NY | 1 | $2.2M | $2,228,000 | 0% |
| 12 | Metro City Bank Bank · Doraville, GA | 1 | $1.2M | $1,245,000 | 100% |
| 13 | Blue Foundry Bank Bank · Rutherford, NJ | 1 | $960K | $960,000 | 100% |
| 14 | Trenton Business Assistance Certified development company · Princeton, NJ | 1 | $834K | $834,000 | 0% |
| 15 | Woori America Bank Bank · New York, NY | 1 | $650K | $650,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 13 | $400,000 | Newtek Bank | |
| Professional and technical services | 8 | $151,750 | Readycap Lending | |
| Retail | 6 | $200,000 | TD Bank | |
| Arts, entertainment and recreation | 5 | $350,000 | Newtek Bank | |
| Construction | 4 | $25,000 | TD Bank | |
| Information and media | 4 | $17,500 | TD Bank | |
| Other services (repair, personal care) | 3 | $75,000 | Northeast Bank | |
| Transportation and warehousing | 2 | $40,500 | Colony Bank |