77 SBA loans worth $39.8M went to businesses in Union, NJ between October 2021 and June 2026, from 30 lenders. TD Bank made the most, 13 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 13 | $1.2M | $80,000 | 31% |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 11 | $1.3M | $99,500 | 45% |
| 3 | Northeast Bank Bank · Portland, ME | 8 | $1.1M | $76,850 | 0% |
| 4 | Newtek Bank Bank · Miami, FL | 6 | $950K | $62,500 | 0% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $2.4M | $516,400 | 25% |
| 6 | Trenton Business Assistance Certified development company · Princeton, NJ | 2 | $5.7M | $2,843,000 | 0% |
| 7 | FinWise Bank Bank · Murray, UT | 2 | $3.4M | $1,700,000 | 0% |
| 8 | OceanFirst Bank Bank · Toms River, NJ | 2 | $2.7M | $1,365,000 | 0% |
| 9 | Fulton Bank Bank · Lancaster, PA | 2 | $2.5M | $1,225,000 | 50% |
| 10 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 2 | $2.2M | $1,120,000 | 100% |
| 11 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $1.6M | $779,500 | 0% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 2 | $1.4M | $680,000 | 0% |
| 13 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $1.3M | $650,000 | 0% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $500K | $250,000 | 0% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $250K | $124,950 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 12 | $150,000 | TD Bank | |
| Health care and social assistance | 11 | $300,000 | Manufacturers and Traders Trust | |
| Transportation and warehousing | 8 | $166,300 | TD Bank | |
| Other services (repair, personal care) | 7 | $50,000 | Northeast Bank | |
| Professional and technical services | 7 | $150,000 | TD Bank | |
| Restaurants and hotels | 6 | $112,250 | Manufacturers and Traders Trust | |
| Retail | 5 | $750,000 | Fulton Bank | |
| Administrative and support services | 5 | $250,000 | Newtek Bank |