120 SBA loans worth $63.4M went to businesses in Edison, NJ between October 2021 and June 2026, from 39 lenders. TD Bank made the most, 28 loans. The median loan was $112,500, 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 | 28 | $2.0M | $50,000 | 29% |
| 2 | Northeast Bank Bank · Portland, ME | 28 | $1.9M | $25,000 | 4% |
| 3 | Newtek Bank Bank · Miami, FL | 7 | $4.4M | $375,000 | 57% |
| 4 | Manufacturers and Traders Trust Bank · Buffalo, NY | 6 | $559K | $51,000 | 17% |
| 5 | First Bank Bank · Hamilton, NJ | 3 | $3.0M | $1,000,000 | 33% |
| 6 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $2.8M | $515,000 | 33% |
| 7 | First Merchants Bank Bank · Muncie, IN | 2 | $6.0M | $3,018,000 | 100% |
| 8 | Bancorp Bank Bank · Sioux Falls, SD | 2 | $4.8M | $2,394,050 | 0% |
| 9 | Stearns Bank Bank · St. Cloud, MN | 2 | $3.6M | $1,800,700 | 50% |
| 10 | Blue Foundry Bank Bank · Rutherford, NJ | 2 | $3.2M | $1,583,500 | 50% |
| 11 | Bankwell Bank Bank · New Canaan, CT | 2 | $2.9M | $1,471,500 | 0% |
| 12 | Peapack Private Bank and Trust Bank · Bedminster, NJ | 2 | $2.1M | $1,035,000 | 100% |
| 13 | U.S. Bank Bank · Cincinnati, OH | 2 | $1.5M | $763,800 | 0% |
| 14 | ConnectOne Bank Bank · Englewood Cliffs, NJ | 2 | $1.2M | $607,500 | 50% |
| 15 | Bank of America Bank · Charlotte, NC | 2 | $923K | $461,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 36 | $25,000 | Northeast Bank | |
| Professional and technical services | 17 | $250,000 | Northeast Bank | |
| Retail | 13 | $160,000 | TD Bank | |
| Transportation and warehousing | 10 | $49,250 | TD Bank | |
| Wholesale trade | 10 | $112,500 | First Bank | |
| Other services (repair, personal care) | 8 | $42,500 | TD Bank | |
| Health care and social assistance | 8 | $112,500 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 6 | $779,000 | TD Bank |