New Jersey · Finance & Insurance
SBA loans for finance & insurance in New Jersey
453 loans worth $185.0M approved since FY2010 for finance and insurance projects located in New Jersey.
Loans
453
Approved
$185.0M
Median loan
$150,000
-25% vs sector nationally
Median rate
7.75%
Jobs supported
2,253
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 finance & insurance in New Jersey
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 57 | $49.4M | |
| Byline Bank | 14 | $17.0M | |
| Bankwell Bank | 5 | $7.3M | |
| TD Bank | 97 | $7.0M | |
| Empire State Certified Development Corporation | 10 | $6.4M | |
| Crown Bank | 2 | $5.3M | |
| Columbia Bank | 3 | $5.3M | |
| Trenton Business Assistance Corporation | 16 | $4.8M |
Detail
Which industries inside the sector
All SBA lending in New Jersey
30,136 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in New Jersey?
- 453 SBA loans totalling $184,950,300 have been approved for finance and insurance projects in New Jersey since FY2010.
- Which lenders finance finance & insurance in New Jersey?
- The most active by dollars approved are Live Oak Banking Company, Byline Bank, Bankwell Bank, TD Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in New Jersey?
- The median approval is $150,000, 25% below the national median for this sector ($200,000).
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