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SBA lenders in East Hanover, NJ

SBA 7(a) and 504 loans to businesses in East Hanover (Morris County), October 2021 to June 30, 2026 · Updated October 15, 2026
32
SBA loans approved
$19.3M
Total approved
$150,000
Median loan
17
Lenders active
28%
To startups

32 SBA loans worth $19.3M went to businesses in East Hanover, NJ between October 2021 and June 2026, from 17 lenders. TD Bank made the most, 7 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and construction was the most financed industry.

Most active SBA lenders in East Hanover

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
7$2.8M$45,0000%
2Huntington National Bank
Bank · Columbus, OH
5$1.0M$50,000100%
3Northeast Bank
Bank · Portland, ME
3$361K$136,4000%
4Manufacturers and Traders Trust
Bank · Buffalo, NY
3$250K$100,0000%
5Meridian Bank
Bank · Wayne, PA
2$1.9M$945,000100%
6Empire State Certified Development
Certified development company · Latham, NY
1$3.1M$3,110,0000%
7Univest Bank and Trust Co
Bank · Souderton, PA
1$2.4M$2,370,0000%
8Heritage Bank
Bank · Burlington, KY
1$2.3M$2,300,000100%
9Beacon Bank and Trust
Bank · Boston, MA
1$1.4M$1,413,000100%
10Hanover Community Bank
Bank · Garden City Park, NY
1$1.4M$1,360,0000%
11Provident Bank
Bank · Jersey City, NJ
1$625K$625,0000%
12Unity Bank
Bank · Clinton, NJ
1$550K$550,0000%
13Port 51 Lending
Non-bank lender · New York, NY
1$520K$520,0000%
14PNC Bank
Bank · Wilmington, DE
1$400K$400,0000%
15BayFirst National Bank
Bank · St. Petersburg, FL
1$150K$150,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in East Hanover. For 504 loans the lender shown is the certified development company.

What gets financed in East Hanover

IndustryLoansShareMedian loanMost active lender
Construction7
22%
$100,000Huntington National Bank
Other services (repair, personal care)6
19%
$45,450Huntington National Bank
Administrative and support services5
16%
$200,000Meridian Bank
Health care and social assistance4
12%
$535,000TD Bank
Restaurants and hotels3
9%
$2,300,000Beacon Bank and Trust
Retail2
6%
$322,500TD Bank
Manufacturing2
6%
$1,295,000TD Bank
Arts, entertainment and recreation1
3%
$150,000BayFirst National Bank
Loan size mix
  • Under $150,00047%
  • $150,000 to $500,00019%
  • $500,000 to $2 million22%
  • $2 million and up12%
Compared with New Jersey
Median loan, East Hanover
$150,000
Median loan, New Jersey
$150,000
Startup share, East Hanover
28%
Startup share, New Jersey
30%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in East Hanover

03710FY14: 2 loansFY14FY15: 2 loansFY15FY16: 4 loansFY16FY17: 4 loansFY17FY18: 5 loansFY18FY19: 1 loansFY19FY20: 9 loansFY20FY21: 5 loansFY21FY22: 2 loansFY22FY23: 8 loansFY23FY24: 8 loansFY24FY25: 10 loansFY2510FY26 (Oct to Jun): 4 loansFY264
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.