GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
93
2010–2025
Total Volume
$59M
Gross loan amounts
States Active
4
With recorded loans
Programs
7(a) & 504
92 total segments
Northfield Bank has a strong focus on existing businesses, with 66% of their deals serving this purpose. This is beneficial if you're looking to acquire or expand an established company.
With an average 7(a) spread of P+2.41%, Northfield Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Northfield Bank's growth trend shows a decline of 25% year-over-year in deal volume, which may indicate a tightening of lending criteria or reduced capacity. This could make securing a loan more challenging.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 13 504 loans, which use fixed SBA debenture rates.
States where Northfield Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Food & Beverage Stores
Retail Trade
Personal Care (Salons, Spas)
Other Services
Management & IT Consulting
Professional Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Transportation & Warehousing
Transportation & Warehousing
General Merchandise
Retail Trade
+ 7 more
All recorded SBA lending activity for Northfield Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| New Jersey · Restaurants & Food Service · $500K – $1M | 7(a) | 5 | P+2.75% | $741K | Q3 2022 |
| New Jersey · Restaurants & Food Service · Under $150K | 7(a) | 3 | P+2.75% | $94K | Q3 2025 |
| New Jersey · Manufacturing · $150K – $350K | 7(a) | 3 | P+2.75% | $237K | Q4 2015 |
| New Jersey · Management & IT Consulting · Under $150K | 7(a) | 3 | P+2.00% | $69K | Q4 2013 |
| New Jersey · Education · Under $150K | 7(a) | 2 | P+3.00% | $33K | Q3 2016 |
| New Jersey · Manufacturing · $1M – $2M | 7(a) | 2 | P+2.75% | $1.9M | Q3 2013 |
| New Jersey · Manufacturing · $350K – $500K | 7(a) | 2 | P+2.50% | $438K | Q3 2012 |
| New Jersey · Other Repair & Services · Under $150K | 7(a) | 2 | P+2.75% | $88K | Q3 2015 |
| New Jersey · Arts, Entertainment & Recreation · $350K – $500K | 7(a) | 2 | P+2.38% | $469K | Q3 2024 |
| New Jersey · Food & Beverage Stores · $150K – $350K | 7(a) | 2 | P+2.38% | $251K | Q4 2011 |
| New Jersey · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+2.75% | $50K | Q1 2012 |
| New Jersey · Personal Care (Salons, Spas) · $150K – $350K | 7(a) | 2 | P+2.38% | $290K | Q4 2012 |
| New Jersey · General Merchandise · Under $150K | 7(a) | 2 | P+2.38% | $45K | Q4 2010 |
| New Jersey · Restaurants & Food Service · $350K – $500K | 7(a) | 2 | P+2.13% | $456K | Q3 2022 |
| New Jersey · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+2.38% | $80K | Q3 2011 |
| New Jersey · Auto Repair & Maintenance · $150K – $350K | 7(a) | 1 | P+1.00% | $325K | Q3 2021 |
| New Jersey · Personal Care (Salons, Spas) · $350K – $500K | 7(a) | 1 | P+2.75% | $425K | Q4 2009 |
| New Jersey · Laundry & Dry Cleaning · Under $150K | 7(a) | 1 | P+2.75% | $60K | Q2 2012 |
| New Jersey · Laundry & Dry Cleaning · $150K – $350K | 7(a) | 1 | P+2.25% | $310K | Q4 2013 |
| New Jersey · Laundry & Dry Cleaning · $350K – $500K | 7(a) | 1 | P+2.75% | $352K | Q3 2011 |
| New Jersey · Manufacturing · Under $150K | 7(a) | 1 | P+2.75% | $50K | Q2 2013 |
| New Jersey · Manufacturing · $500K – $1M | 7(a) | 1 | P+2.75% | $1.0M | Q2 2011 |
| New Jersey · Retail Trade · Under $150K | 7(a) | 1 | P+4.25% | $20K | Q2 2012 |
| New Jersey · Retail Trade · $150K – $350K | 7(a) | 1 | P+2.25% | $335K | Q4 2009 |
| New Jersey · Retail Trade · $350K – $500K | 7(a) | 1 | P+2.75% | $400K | Q1 2010 |
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