187 SBA loans worth $70.1M went to businesses in Newark, NJ between October 2021 and June 2026, from 38 lenders. TD Bank made the most, 40 loans. The median loan was $120,000, 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 | 40 | $4.5M | $50,000 | 25% |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 37 | $2.9M | $50,000 | 41% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 11 | $5.0M | $500,000 | 9% |
| 4 | Northeast Bank Bank · Portland, ME | 10 | $2.1M | $225,000 | 10% |
| 5 | Huntington National Bank Bank · Columbus, OH | 8 | $2.1M | $292,000 | 12% |
| 6 | Trenton Business Assistance Certified development company · Princeton, NJ | 6 | $5.6M | $1,011,500 | 17% |
| 7 | Newtek Bank Bank · Miami, FL | 6 | $1.0M | $137,500 | 33% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 6 | $727K | $130,000 | 0% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 6 | $110K | $15,000 | 100% |
| 10 | Empire State Certified Development Certified development company · Latham, NY | 5 | $12.1M | $1,136,000 | 0% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 5 | $5.8M | $500,000 | 40% |
| 12 | Santander Bank Bank · Wilmington, DE | 4 | $280K | $74,000 | 0% |
| 13 | PNC Bank Bank · Wilmington, DE | 4 | $110K | $20,000 | 25% |
| 14 | Financial Resources Federal Credit Union Credit union · Branchburg, NJ | 3 | $2.9M | $750,000 | 0% |
| 15 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 3 | $810K | $280,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 26 | $49,000 | Manufacturers and Traders Trust | |
| Retail | 26 | $250,000 | TD Bank | |
| Construction | 23 | $75,000 | TD Bank | |
| Restaurants and hotels | 23 | $227,700 | TD Bank | |
| Professional and technical services | 20 | $150,000 | TD Bank | |
| Other services (repair, personal care) | 18 | $65,000 | Manufacturers and Traders Trust | |
| Wholesale trade | 15 | $200,000 | TD Bank | |
| Manufacturing | 10 | $200,000 | Manufacturers and Traders Trust |