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
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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