SBA lending by district
SBA lending in NJ-06
SBA 7(a) and 504 financing in New Jersey's 6th 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
- 2,875
- Total funded
- $1.6B
- Average loan
- $547K
- 7(a) charge-off
- 5.2%
Borrowers in New Jersey's 6th district took 2,875 SBA loans worth $1.6B since FY2010, averaging $547K. Of the 2,691 7(a) loans, 5.2% have charged off. See the rest of New Jersey.
SBA funded volume by fiscal year
Top SBA lenders in NJ-06
- 1. Trenton Business Assistance Corporation $166.9M
- 2. TD Bank, National Association $77.7M
- 3. Empire State Certified Development Corporation $68.5M
- 4. Fulton Bank, National Association $68.1M
- 5. Provident Bank $56.9M
- 6. Unity Bank $48.2M
- 7. Live Oak Banking Company $47.6M
- 8. BCB Community Bank $44.3M
- 9. Hanover Community Bank $39.9M
- 10. Peapack Private Bank and Trust $37.1M
Method. SBA 7(a) and 504 loans the SBA recorded in NJ-06,
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.