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New Jersey · Restaurants & Hotels
SBA loans for restaurants & hotels in New Jersey
4,018 loans worth $2.73B approved since FY2010 for accommodation and food services projects located in New Jersey.
Loans
4,018
Approved
$2.73B
Median loan
$318,850
+6% vs sector nationally
Median rate
6.75%
Jobs supported
56,971
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in New Jersey
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Fulton Bank | 317 | $348.6M | |
| Trenton Business Assistance Corporation | 183 | $180.0M | |
| Hanover Community Bank | 54 | $107.6M | |
| The Bank of Princeton | 99 | $103.7M | |
| Unity Bank | 93 | $94.6M | |
| Provident Bank | 120 | $91.1M | |
| Empire State Certified Development Corporation | 69 | $82.6M | |
| TD Bank | 513 | $77.1M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for restaurants & hotels in New Jersey since FY2010 was $318,850. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in New Jersey
30,136 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in New Jersey?
- 4,018 SBA loans totalling $2,732,122,000 have been approved for accommodation and food services projects in New Jersey since FY2010.
- Which lenders finance restaurants & hotels in New Jersey?
- The most active by dollars approved are Fulton Bank, Trenton Business Assistance Corporation, Hanover Community Bank, The Bank of Princeton. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in New Jersey?
- The median approval is $318,850, 6% above the national median for this sector ($300,000).
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