39 SBA loans worth $10.2M went to businesses in Garfield, NJ between October 2021 and June 2026, from 16 lenders. TD Bank made the most, 9 loans. The median loan was $123,000, compared with $150,000 across New Jersey, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 9 | $939K | $85,000 | 11% |
| 2 | Northeast Bank Bank · Portland, ME | 4 | $589K | $95,500 | 0% |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 4 | $320K | $72,500 | 0% |
| 4 | Beacon Bank and Trust Bank · Boston, MA | 3 | $1.9M | $550,000 | 67% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $650K | $200,000 | 0% |
| 6 | Huntington National Bank Bank · Columbus, OH | 2 | $700K | $350,000 | 0% |
| 7 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $156K | $78,000 | 50% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $100K | $50,000 | 0% |
| 9 | PNC Bank Bank · Wilmington, DE | 2 | $70K | $35,000 | 0% |
| 10 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 1 | $1.7M | $1,740,000 | 100% |
| 11 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $1.6M | $1,577,600 | 0% |
| 12 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $550K | $550,000 | 100% |
| 13 | OceanFirst Bank Bank · Toms River, NJ | 1 | $500K | $500,000 | 0% |
| 14 | Trenton Business Assistance Non-bank lender · Princeton, NJ | 1 | $200K | $200,000 | 100% |
| 15 | Celtic Bank Bank · Salt Lake City, UT | 1 | $51K | $51,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 7 | $30,000 | TD Bank | |
| Professional and technical services | 6 | $250,000 | BayFirst National Bank | |
| Administrative and support services | 4 | $50,000 | Manufacturers and Traders Trust | |
| Wholesale trade | 4 | $386,000 | Beacon Bank and Trust | |
| Construction | 4 | $55,000 | PNC Bank | |
| Restaurants and hotels | 3 | $821,000 | Hanover Community Bank | |
| Manufacturing | 3 | $51,000 | Celtic Bank | |
| Other services (repair, personal care) | 3 | $91,000 | Readycap Lending |