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SBA lenders in Plainfield, NJ

SBA 7(a) and 504 loans to businesses in Plainfield (Union County), October 2021 to June 30, 2026 · Updated October 15, 2026
36
SBA loans approved
$21.1M
Total approved
$122,500
Median loan
19
Lenders active
28%
To startups

36 SBA loans worth $21.1M went to businesses in Plainfield, NJ between October 2021 and June 2026, from 19 lenders. TD Bank made the most, 10 loans. The median loan was $122,500, compared with $150,000 across New Jersey, and other services (repair, personal care) was the most financed industry.

Most active SBA lenders in Plainfield

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
10$715K$57,50020%
2JPMorgan Chase Bank
Bank · Columbus, OH
3$2.0M$200,00033%
3First Merchants Bank
Bank · Muncie, IN
2$2.2M$1,082,0000%
4United Midwest Savings Bank
Bank · Degraff, OH
2$1.8M$895,500100%
5PNC Bank
Bank · Wilmington, DE
2$1.0M$505,00050%
6Peapack Private Bank and Trust
Bank · Bedminster, NJ
2$930K$465,0000%
7Wells Fargo Bank
Bank · Sioux Falls, SD
2$632K$316,00050%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$82K$40,9500%
9Live Oak Banking
Bank · Wilmington, NC
1$5.0M$5,000,0000%
10FinWise Bank
Bank · Murray, UT
1$3.4M$3,400,0000%
11Trenton Business Assistance
Certified development company · Princeton, NJ
1$1.2M$1,200,0000%
12New Millennium Bank
Bank · Fort Lee, NJ
1$800K$800,0000%
13Coastal States Bank
Bank · Hilton Head Island, SC
1$700K$700,000100%
14Columbia Bank
Bank · Fair Lawn, NJ
1$261K$261,0000%
15Hanover Community Bank
Bank · Garden City Park, NY
1$150K$150,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Plainfield. For 504 loans the lender shown is the certified development company.

What gets financed in Plainfield

IndustryLoansShareMedian loanMost active lender
Other services (repair, personal care)10
28%
$601,500United Midwest Savings Bank
Construction6
17%
$225,000TD Bank
Administrative and support services3
8%
$69,000Newtek Bank
Transportation and warehousing3
8%
$81,300TD Bank
Professional and technical services3
8%
$17,000TD Bank
Retail3
8%
$250,000Peapack Private Bank and Trust
Restaurants and hotels3
8%
$60,000PNC Bank
Health care and social assistance2
6%
$383,500Hanover Community Bank
Loan size mix
  • Under $150,00050%
  • $150,000 to $500,00014%
  • $500,000 to $2 million31%
  • $2 million and up6%
Compared with New Jersey
Median loan, Plainfield
$122,500
Median loan, New Jersey
$150,000
Startup share, Plainfield
28%
Startup share, New Jersey
30%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Plainfield

071320FY14: 5 loansFY14FY15: 9 loansFY15FY16: 8 loansFY16FY17: 9 loansFY17FY18: 15 loansFY1815FY19: 10 loansFY19FY20: 3 loansFY20FY21: 6 loansFY21FY22: 4 loansFY22FY23: 10 loansFY23FY24: 6 loansFY24FY25: 12 loansFY25FY26 (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.