New Jersey · Professional Services
SBA loans for professional services in New Jersey
3,010 loans worth $998.3M approved since FY2010 for professional, scientific, and technical services projects located in New Jersey.
Loans
3,010
Approved
$998.3M
Median loan
$104,000
-31% vs sector nationally
Median rate
8.00%
Jobs supported
24,799
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 professional services in New Jersey
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 68 | $80.5M | |
| TD Bank | 726 | $74.6M | |
| Trenton Business Assistance Corporation | 86 | $54.7M | |
| JPMorgan Chase Bank | 233 | $39.6M | |
| Newtek Small Business Finance, Inc. | 43 | $32.1M | |
| Provident Bank | 32 | $31.0M | |
| Manufacturers and Traders Trust Company | 208 | $25.6M | |
| Wells Fargo Bank | 172 | $25.3M |
Detail
Which industries inside the sector
All SBA lending in New Jersey
30,136 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in New Jersey?
- 3,010 SBA loans totalling $998,253,200 have been approved for professional, scientific, and technical services projects in New Jersey since FY2010.
- Which lenders finance professional services in New Jersey?
- The most active by dollars approved are Live Oak Banking Company, TD Bank, Trenton Business Assistance Corporation, JPMorgan Chase Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in New Jersey?
- The median approval is $104,000, 31% below the national median for this sector ($150,000).
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