50 SBA loans worth $14.3M went to businesses in West New York, NJ between October 2021 and June 2026, from 21 lenders. TD Bank made the most, 15 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 15 | $2.2M | $50,000 | 20% |
| 2 | Newtek Bank Bank · Miami, FL | 6 | $1.2M | $225,000 | 17% |
| 3 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $600K | $150,000 | 0% |
| 4 | Northeast Bank Bank · Portland, ME | 3 | $307K | $37,800 | 0% |
| 5 | Trenton Business Assistance Certified development company · Princeton, NJ | 2 | $2.3M | $1,139,500 | 0% |
| 6 | Hanover Community Bank Bank · Garden City Park, NY | 2 | $926K | $463,000 | 0% |
| 7 | Huntington National Bank Bank · Columbus, OH | 2 | $550K | $274,750 | 100% |
| 8 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $113K | $56,500 | 0% |
| 9 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $105K | $52,500 | 50% |
| 10 | Banc of California Bank · Los Angeles, CA | 1 | $2.6M | $2,636,000 | 0% |
| 11 | Byline Bank Bank · Chicago, IL | 1 | $1.1M | $1,053,000 | 0% |
| 12 | Unity Bank Bank · Clinton, NJ | 1 | $600K | $600,000 | 100% |
| 13 | Trenton Business Assistance Non-bank lender · Princeton, NJ | 1 | $315K | $315,000 | 0% |
| 14 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $304K | $303,500 | 0% |
| 15 | New Millennium Bank Bank · Fort Lee, NJ | 1 | $270K | $270,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 10 | $150,000 | TD Bank | |
| Arts, entertainment and recreation | 8 | $150,000 | BayFirst National Bank | |
| Other services (repair, personal care) | 7 | $238,000 | Huntington National Bank | |
| Health care and social assistance | 6 | $593,500 | Trenton Business Assistance | |
| Transportation and warehousing | 4 | $40,000 | TD Bank | |
| Restaurants and hotels | 3 | $270,000 | Newtek Bank | |
| Wholesale trade | 3 | $100,000 | TD Bank | |
| Professional and technical services | 3 | $50,000 | First Bank |