SBA lending by district
SBA lending in NJ-09
SBA 7(a) and 504 financing in New Jersey's 9th 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
- 2,805
- Total funded
- $1.2B
- Average loan
- $437K
- 7(a) charge-off
- 6.6%
Borrowers in New Jersey's 9th district took 2,805 SBA loans worth $1.2B since FY2010, averaging $437K. Of the 2,659 7(a) loans, 6.6% have charged off. See the rest of New Jersey.
SBA funded volume by fiscal year
Top SBA lenders in NJ-09
- 1. NewBank $110.7M
- 2. Trenton Business Assistance Corporation $85.7M
- 3. TD Bank, National Association $66.7M
- 4. Bank of Hope $66.4M
- 5. The Bank of Princeton $63.2M
- 6. New Millennium Bank $53.5M
- 7. Empire State Certified Development Corporation $50.8M
- 8. JPMorgan Chase Bank, National Association $44.8M
- 9. Fulton Bank, National Association $30.2M
- 10. Wells Fargo Bank National Association $26.3M
Method. SBA 7(a) and 504 loans the SBA recorded in NJ-09,
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.