New Jersey · Construction
SBA loans for construction in New Jersey
3,134 loans worth $820.0M approved since FY2010 for construction projects located in New Jersey.
Loans
3,134
Approved
$820.0M
Median loan
$100,000
+0% vs sector nationally
Median rate
9.38%
Jobs supported
19,360
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 construction in New Jersey
| Lender | Loans | Approved | Share |
|---|---|---|---|
| TD Bank | 1,252 | $108.1M | |
| Trenton Business Assistance Corporation | 60 | $41.3M | |
| Meridian Bank | 46 | $39.7M | |
| Live Oak Banking Company | 24 | $29.9M | |
| Wells Fargo Bank | 134 | $28.5M | |
| Fulton Bank | 72 | $27.3M | |
| JPMorgan Chase Bank | 168 | $26.9M | |
| Newtek Small Business Finance, Inc. | 28 | $24.8M |
Detail
Which industries inside the sector
All SBA lending in New Jersey
30,136 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in New Jersey?
- 3,134 SBA loans totalling $819,975,300 have been approved for construction projects in New Jersey since FY2010.
- Which lenders finance construction in New Jersey?
- The most active by dollars approved are TD Bank, Trenton Business Assistance Corporation, Meridian Bank, Live Oak Banking Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in New Jersey?
- The median approval is $100,000.
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