56 SBA loans worth $29.0M went to businesses in Westfield, NJ between October 2021 and June 2026, from 28 lenders. TD Bank made the most, 7 loans. The median loan was $205,500, compared with $150,000 across New Jersey, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 7 | $1.8M | $50,000 | 29% |
| 2 | Huntington National Bank Bank · Columbus, OH | 4 | $862K | $212,500 | 100% |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 4 | $630K | $140,000 | 0% |
| 4 | PNC Bank Bank · Wilmington, DE | 4 | $590K | $50,000 | 50% |
| 5 | Live Oak Banking Bank · Wilmington, NC | 3 | $6.9M | $2,630,000 | 33% |
| 6 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $754K | $146,000 | 67% |
| 7 | Newtek Bank Bank · Miami, FL | 3 | $400K | $125,000 | 100% |
| 8 | Trenton Business Assistance Non-bank lender · Princeton, NJ | 3 | $225K | $100,000 | 0% |
| 9 | Meridian Bank Bank · Wayne, PA | 2 | $1.9M | $961,500 | 0% |
| 10 | Trenton Business Assistance Certified development company · Princeton, NJ | 2 | $1.1M | $568,500 | 50% |
| 11 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $1.0M | $506,800 | 50% |
| 12 | Customers Bank Bank · Malvern, PA | 2 | $880K | $440,000 | 0% |
| 13 | Stearns Bank Bank · St. Cloud, MN | 2 | $700K | $350,000 | 50% |
| 14 | Byline Bank Bank · Chicago, IL | 1 | $5.0M | $5,000,000 | 0% |
| 15 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $1.6M | $1,640,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 10 | $162,500 | Huntington National Bank | |
| Health care and social assistance | 9 | $600,000 | TD Bank | |
| Retail | 7 | $211,000 | First Bank of the Lake | |
| Administrative and support services | 6 | $269,900 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 6 | $87,500 | Customers Bank | |
| Professional and technical services | 4 | $248,000 | JPMorgan Chase Bank | |
| Construction | 4 | $125,000 | Meridian Bank | |
| Education | 3 | $100,000 | Wells Fargo Bank |