SBA lending by district
SBA lending in NJ-02
SBA 7(a) and 504 financing in New Jersey's 2nd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 2,019
- Total funded
- $1.1B
- Average loan
- $527K
- 7(a) charge-off
- 5.0%
Borrowers in New Jersey's 2nd district took 2,019 SBA loans worth $1.1B since FY2010, averaging $527K. Of the 1,896 7(a) loans, 5.0% have charged off. See the rest of New Jersey.
SBA funded volume by fiscal year
Top SBA lenders in NJ-02
- 1. TD Bank, National Association $91.8M
- 2. Fulton Bank, National Association $90.7M
- 3. Sturdy Savings Bank $77.4M
- 4. Trenton Business Assistance Corporation $76.3M
- 5. Wilmington Savings Fund Society FSB $51.3M
- 6. Beacon Bank and Trust $35.8M
- 7. Empire State Certified Development Corporation $33.6M
- 8. Live Oak Banking Company $27.6M
- 9. Provident Bank $25.2M
- 10. Meridian Bank $24.3M
Method. SBA 7(a) and 504 loans the SBA recorded in NJ-02,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.