SBA Lenders in Newark, New Jersey

Top lenders ranked by real SBA lending data in the Newarkmetro area. See who's most active across deal count, loan size, and pricing.

Total SBA Loans

484

Active Lenders

81

Avg Deal Size

$476K

Total Volume

$230.3M

Top Lenders in Newark

Ranked by total deal count in the Newark metro area.

#	Lender	Type	Deals	Avg Size	Spread
1	TD Bank, National Association	Bank	89	$145K	P + 4.50%HIGH
2	Wells Fargo Bank National Association	Bank	42	$154K	P + 5.38%HIGH
3	Manufacturers and Traders Trust Company	Bank	40	$70K	P + 4.00%HIGH
4	Santander Bank, National Association	Bank	32	$168K	P + 4.00%HIGH
5	JPMorgan Chase Bank, National Association	Bank	20	$148K	P + 4.00%HIGH
6	Trenton Business Assistance Co	CDC/504	14	$1.2M	P + 3.13%ABOVE AVG
7	PNC Bank, National Association	Bank	12	$418K	P + 3.25%ABOVE AVG
8	Hana Bank USA National Association	Bank	12	$498K	P + 2.75%AVERAGE
9	Northeast Bank	Bank	11	$174K	P + 2.75%AVERAGE
10	Readycap Lending, LLC	Non-Bank	11	$592K	P + 2.75%AVERAGE

#1TD Bank, National Association

P + 4.50%

Bank89 deals$145K avg

#2Wells Fargo Bank National Association

P + 5.38%

Bank42 deals$154K avg

#3Manufacturers and Traders Trust Company

P + 4.00%

Bank40 deals$70K avg

#4Santander Bank, National Association

P + 4.00%

Bank32 deals$168K avg

#5JPMorgan Chase Bank, National Association

P + 4.00%

Bank20 deals$148K avg

#6Trenton Business Assistance Co

P + 3.13%

CDC/50414 deals$1.2M avg

#7PNC Bank, National Association

P + 3.25%

Bank12 deals$418K avg

#8Hana Bank USA National Association

P + 2.75%

Bank12 deals$498K avg

#9Northeast Bank

P + 2.75%

Bank11 deals$174K avg

#10Readycap Lending, LLC

P + 2.75%

Non-Bank11 deals$592K avg

Top Industries in Newark

SBA lending activity by industry in the Newark metro area.

Restaurants & Food ServiceAccommodation & Food Services

63 deals$396K avg

Transportation & WarehousingTransportation & Warehousing

62 deals$464K avg

Food & Beverage StoresRetail Trade

49 deals$446K avg

Wholesale TradeWholesale Trade

45 deals$762K avg

Specialty Trade ContractorsConstruction

32 deals$480K avg

ManufacturingManufacturing

29 deals$1.1M avg

Retail TradeRetail Trade

20 deals$661K avg

Building ConstructionConstruction

18 deals$39K avg

Miscellaneous RetailRetail Trade

18 deals$188K avg

Auto Repair & MaintenanceOther Services

15 deals$116K avg