New Jersey · Education
SBA loans for education in New Jersey
589 loans worth $220.9M approved since FY2010 for educational services projects located in New Jersey.
Loans
589
Approved
$220.9M
Median loan
$124,000
-17% vs sector nationally
Median rate
8.00%
Jobs supported
5,791
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 education in New Jersey
| Lender | Loans | Approved | Share |
|---|---|---|---|
| TD Bank | 144 | $24.8M | |
| Live Oak Banking Company | 8 | $12.8M | |
| Trenton Business Assistance Corporation | 19 | $12.5M | |
| Capital One | 5 | $12.4M | |
| Provident Bank | 14 | $10.3M | |
| Wells Fargo Bank | 35 | $8.8M | |
| The Bancorp Bank | 4 | $6.8M | |
| Fulton Bank | 12 | $6.5M |
Detail
Which industries inside the sector
All SBA lending in New Jersey
30,136 loans across every sector.
Education nationally
15,349 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to education businesses in New Jersey?
- 589 SBA loans totalling $220,950,000 have been approved for educational services projects in New Jersey since FY2010.
- Which lenders finance education in New Jersey?
- The most active by dollars approved are TD Bank, Live Oak Banking Company, Trenton Business Assistance Corporation, Capital One. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for education in New Jersey?
- The median approval is $124,000, 17% below the national median for this sector ($150,000).
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