48 SBA loans worth $17.1M went to businesses in Teaneck, NJ between October 2021 and June 2026, from 25 lenders. Manufacturers and Traders Trust made the most, 11 loans. The median loan was $171,000, compared with $150,000 across New Jersey, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 11 | $1.3M | $50,000 | 55% |
| 2 | TD Bank Bank · Wilmington, DE | 5 | $425K | $50,000 | 20% |
| 3 | Huntington National Bank Bank · Columbus, OH | 3 | $712K | $220,000 | 100% |
| 4 | Cross River Bank Bank · Fort Lee, NJ | 2 | $811K | $405,500 | 100% |
| 5 | Bank of America Bank · Charlotte, NC | 2 | $797K | $398,650 | 0% |
| 6 | Stearns Bank Bank · St. Cloud, MN | 2 | $515K | $257,500 | 100% |
| 7 | Newtek Bank Bank · Miami, FL | 2 | $510K | $255,000 | 50% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $300K | $150,000 | 0% |
| 9 | KeyBank Bank · Cleveland, OH | 2 | $299K | $149,450 | 100% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $205K | $102,500 | 0% |
| 11 | Mission Valley Bank Bank · Sun Valley, CA | 1 | $2.5M | $2,497,000 | 0% |
| 12 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $2.2M | $2,238,000 | 0% |
| 13 | First Business Bank Bank · Madison, WI | 1 | $1.5M | $1,488,000 | 100% |
| 14 | Magyar Bank Bank · New Brunswick, NJ | 1 | $1.3M | $1,255,500 | 100% |
| 15 | Mid Penn Bank Bank · Millersburg, PA | 1 | $1.2M | $1,250,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 8 | $260,000 | Huntington National Bank | |
| Health care and social assistance | 8 | $158,500 | Manufacturers and Traders Trust | |
| Professional and technical services | 8 | $712,500 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 7 | $447,300 | Cross River Bank | |
| Wholesale trade | 5 | $50,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 2 | $125,000 | Manufacturers and Traders Trust | |
| Manufacturing | 2 | $120,000 | TD Bank | |
| Transportation and warehousing | 2 | $90,000 | BayFirst National Bank |