SBA lending by district
SBA lending in NJ-05
SBA 7(a) and 504 financing in New Jersey's 5th 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
- 3,458
- Total funded
- $1.5B
- Average loan
- $438K
- 7(a) charge-off
- 4.4%
Borrowers in New Jersey's 5th district took 3,458 SBA loans worth $1.5B since FY2010, averaging $438K. Of the 3,269 7(a) loans, 4.4% have charged off. See the rest of New Jersey.
SBA funded volume by fiscal year
Top SBA lenders in NJ-05
- 1. Empire State Certified Development Corporation $97.6M
- 2. Trenton Business Assistance Corporation $89.7M
- 3. TD Bank, National Association $85.5M
- 4. Provident Bank $69.4M
- 5. Fulton Bank, National Association $63.8M
- 6. JPMorgan Chase Bank, National Association $45.9M
- 7. Wells Fargo Bank National Association $45.2M
- 8. The Bank of Princeton $43.9M
- 9. Manufacturers and Traders Trust Company $41.7M
- 10. Newtek Small Business Finance, Inc. $38.8M
Method. SBA 7(a) and 504 loans the SBA recorded in NJ-05,
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.