SBA lending by district
SBA lending in NJ-03
SBA 7(a) and 504 financing in New Jersey's 3rd 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
- 2,647
- Total funded
- $1.2B
- Average loan
- $446K
- 7(a) charge-off
- 4.8%
Borrowers in New Jersey's 3rd district took 2,647 SBA loans worth $1.2B since FY2010, averaging $446K. Of the 2,510 7(a) loans, 4.8% have charged off. See the rest of New Jersey.
SBA funded volume by fiscal year
Top SBA lenders in NJ-03
- 1. Trenton Business Assistance Corporation $98.7M
- 2. TD Bank, National Association $95.0M
- 3. Fulton Bank, National Association $72.5M
- 4. Provident Bank $67.3M
- 5. Live Oak Banking Company $43.7M
- 6. Empire State Certified Development Corporation $37.8M
- 7. Wilmington Savings Fund Society FSB $36.0M
- 8. Cross River Bank $32.8M
- 9. First Commerce Bank $31.6M
- 10. Hanover Community Bank $30.9M
Method. SBA 7(a) and 504 loans the SBA recorded in NJ-03,
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.