SBA lending by state
SBA Lending in New Jersey
In New Jersey, SBA lenders funded 14,424 7(a) and 504 loans totaling $8.0B, an average of $557K per loan. The most active lender is Trenton Business Assistance Corporation, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
14,424
Total volume
$8.0B
Average loan size
$557K
Most active SBA lenders in New Jersey
| Lender | Loans | Total volume |
|---|---|---|
| Trenton Business Assistance Corporation | 1,011 | $1.2B |
| Empire State Certified Development Corporation | 487 | $610.9M |
| TD Bank, National Association | 3,297 | $504.7M |
| Live Oak Banking Company | 288 | $377.5M |
| Fulton Bank, National Association | 294 | $245.8M |
| Provident Bank | 213 | $199.3M |
| Wilmington Savings Fund Society FSB | 246 | $198.0M |
| Newtek Bank, National Association | 425 | $186.1M |
Top industries funded in New Jersey
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 1,724 | $1.2B |
| Retail Trade | 1,870 | $1.2B |
| Wholesale Trade | 1,024 | $888.8M |
| Health Care and Social Assistance | 1,316 | $793.9M |
| Manufacturing | 847 | $765.1M |
| Other Services | 1,391 | $575.0M |
| Professional and Technical Services | 1,384 | $568.4M |
| Construction | 1,691 | $559.5M |
SBA lending in New Jersey by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 102 | $81.5M |
| 2011 | 132 | $121.6M |
| 2012 | 147 | $148.2M |
| 2013 | 107 | $94.4M |
| 2014 | 78 | $82.9M |
| 2015 | 61 | $62.3M |
| 2016 | 75 | $99.9M |
| 2017 | 98 | $111.8M |
| 2018 | 77 | $83.0M |
| 2019 | 84 | $92.6M |
| 2020 | 1,287 | $810.3M |
| 2021 | 1,639 | $1.3B |
| 2022 | 1,654 | $900.0M |
| 2023 | 2,339 | $1.1B |
| 2024 | 2,591 | $1.0B |
| 2025 | 2,915 | $1.3B |
| 2026 | 1,038 | $573.6M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.