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SBA lenders in Cranford, NJ

SBA 7(a) and 504 loans to businesses in Cranford (Union County), October 2021 to June 30, 2026 · Updated October 15, 2026
39
SBA loans approved
$22.9M
Total approved
$349,000
Median loan
18
Lenders active
33%
To startups

39 SBA loans worth $22.9M went to businesses in Cranford, NJ between October 2021 and June 2026, from 18 lenders. TD Bank made the most, 8 loans. The median loan was $349,000, compared with $150,000 across New Jersey, and professional and technical services was the most financed industry.

Most active SBA lenders in Cranford

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
8$582K$80,00025%
2Meridian Bank
Bank · Wayne, PA
4$6.0M$435,500100%
3Live Oak Banking
Bank · Wilmington, NC
3$830K$350,0000%
4Huntington National Bank
Bank · Columbus, OH
3$795K$350,00067%
5Manufacturers and Traders Trust
Bank · Buffalo, NY
3$80K$20,00033%
6Trenton Business Assistance
Certified development company · Princeton, NJ
2$5.4M$2,715,00050%
7Magyar Bank
Bank · New Brunswick, NJ
2$2.6M$1,299,85050%
8Beacon Bank and Trust
Bank · Boston, MA
2$1.4M$681,00050%
9BayFirst National Bank
Bank · St. Petersburg, FL
2$933K$466,5000%
10Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$400K$200,0000%
11United Midwest Savings Bank
Bank · Degraff, OH
1$1.1M$1,073,0000%
12Peapack Private Bank and Trust
Bank · Bedminster, NJ
1$825K$825,0000%
13Enterprise Bank & Trust
Bank · Clayton, MO
1$552K$552,5000%
14JPMorgan Chase Bank
Bank · Columbus, OH
1$450K$450,0000%
15Ponce Bank
Bank · Bronx, NY
1$399K$399,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Cranford. For 504 loans the lender shown is the certified development company.

What gets financed in Cranford

IndustryLoansShareMedian loanMost active lender
Professional and technical services10
26%
$80,000TD Bank
Health care and social assistance9
23%
$421,000Huntington National Bank
Arts, entertainment and recreation4
10%
$350,000Live Oak Banking
Other services (repair, personal care)4
10%
$529,000Magyar Bank
Construction3
8%
$450,000JPMorgan Chase Bank
Restaurants and hotels2
5%
$175,000Northeast Bank
Manufacturing2
5%
$2,557,500Meridian Bank
Real estate and rental2
5%
$32,900Lendistry SBLC
Loan size mix
  • Under $150,00038%
  • $150,000 to $500,00038%
  • $500,000 to $2 million15%
  • $2 million and up8%
Compared with New Jersey
Median loan, Cranford
$349,000
Median loan, New Jersey
$150,000
Startup share, Cranford
33%
Startup share, New Jersey
30%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Cranford

03710FY14: 2 loansFY14FY15: 7 loansFY15FY16: 4 loansFY16FY17: 9 loansFY17FY18: 4 loansFY18FY19: 6 loansFY19FY20: 3 loansFY20FY21: 5 loansFY21FY22: 8 loansFY22FY23: 8 loansFY23FY24: 10 loansFY2410FY25: 8 loansFY25FY26 (Oct to Jun): 5 loansFY265
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.