29 SBA loans worth $11.7M went to businesses in Berlin, NJ between October 2021 and June 2026, from 14 lenders. TD Bank made the most, 11 loans. The median loan was $140,000, compared with $150,000 across New Jersey, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 11 | $940K | $55,000 | 9% |
| 2 | Meridian Bank Bank · Wayne, PA | 3 | $3.1M | $1,250,000 | 33% |
| 3 | Fulton Bank Bank · Lancaster, PA | 3 | $1.7M | $650,000 | 67% |
| 4 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $200K | $100,000 | 0% |
| 5 | Peapack Private Bank and Trust Bank · Bedminster, NJ | 1 | $1.7M | $1,680,000 | 100% |
| 6 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $1.5M | $1,500,000 | 100% |
| 7 | Empire State Certified Development Certified development company · Latham, NY | 1 | $1.3M | $1,349,000 | 0% |
| 8 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 1 | $315K | $315,000 | 100% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $285K | $285,000 | 100% |
| 10 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $250K | $250,000 | 100% |
| 11 | Newtek Bank Bank · Miami, FL | 1 | $150K | $150,000 | 100% |
| 12 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $103K | $102,700 | 0% |
| 13 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $50K | $50,000 | 0% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $40K | $40,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 11 | $100,000 | TD Bank | |
| Retail | 6 | $176,350 | Peapack Private Bank and Trust | |
| Restaurants and hotels | 3 | $315,000 | TD Bank | |
| Other services (repair, personal care) | 3 | $140,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 2 | $187,500 | TD Bank | |
| Administrative and support services | 1 | $25,000 | TD Bank | |
| Manufacturing | 1 | $1,650,000 | Meridian Bank | |
| Professional and technical services | 1 | $285,000 | Wells Fargo Bank |