61 SBA loans worth $27.5M went to businesses in Morristown, NJ between October 2021 and June 2026, from 25 lenders. JPMorgan Chase Bank made the most, 7 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank Bank · Columbus, OH | 7 | $860K | $140,000 | 0% |
| 2 | Northeast Bank Bank · Portland, ME | 6 | $664K | $50,000 | 0% |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 5 | $275K | $50,000 | 0% |
| 4 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 4 | $3.8M | $743,600 | 25% |
| 5 | Somerset Regal Bank Bank · Bound Brook, NJ | 4 | $1.1M | $232,500 | 50% |
| 6 | TD Bank Bank · Wilmington, DE | 4 | $365K | $62,500 | 0% |
| 7 | Byline Bank Bank · Chicago, IL | 3 | $2.1M | $486,000 | 33% |
| 8 | PNC Bank Bank · Wilmington, DE | 3 | $458K | $83,000 | 67% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $38K | $15,000 | 100% |
| 10 | FDIC - Community Bank & Trust-West Georgia Non-bank lender · Lagrange, GA | 2 | $4.9M | $2,452,750 | 0% |
| 11 | Provident Bank Bank · Jersey City, NJ | 2 | $1.1M | $560,000 | 100% |
| 12 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $772K | $386,000 | 50% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $300K | $150,000 | 0% |
| 14 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $210K | $105,000 | 50% |
| 15 | Santander Bank Bank · Wilmington, DE | 2 | $201K | $100,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 12 | $150,000 | Northeast Bank | |
| Restaurants and hotels | 10 | $127,500 | Manufacturers and Traders Trust | |
| Administrative and support services | 8 | $325,000 | Wilmington Savings Fund Society FSB | |
| Retail | 5 | $250,000 | Somerset Regal Bank | |
| Arts, entertainment and recreation | 5 | $622,000 | Five Star Bank | |
| Construction | 4 | $50,500 | JPMorgan Chase Bank | |
| Health care and social assistance | 4 | $242,500 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 4 | $45,000 | Wells Fargo Bank |