Cross River Bank approved 89 SBA loans worth $142.1M between October 2021 and June 2026, ranking #388 of 2,283 SBA lenders nationally by loan count. Its median loan was $980,000, and 25% went to startups or businesses under two years old. It lent in 11 states, most often in New York, and its most financed industry was wholesale trade.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 40 | $50.1M | $759,500 | #55 |
| New Jersey | 21 | $38.7M | $880,000 | #59 |
| Florida | 14 | $34.8M | $1,889,000 | #128 |
| Washington | 3 | $2.4M | $240,000 | #122 |
| Texas | 3 | $3.2M | $350,000 | #294 |
| Michigan | 2 | $3.0M | $1,500,000 | #192 |
| California | 2 | $2.0M | $1,012,500 | #254 |
| Connecticut | 1 | $2.5M | $2,533,200 | #140 |
| Pennsylvania | 1 | $1.3M | $1,310,000 | #220 |
| South Carolina | 1 | $575K | $575,000 | #178 |
| Virginia | 1 | $3.3M | $3,340,000 | #208 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Wholesale trade | 18 | $1,269,250 | |
| Retail | 17 | $1,950,000 | |
| Construction | 15 | $880,000 | |
| Other services (repair, personal care) | 7 | $350,000 | |
| Health care and social assistance | 7 | $628,500 | |
| Manufacturing | 5 | $350,000 | |
| Real estate and rental | 5 | $1,000,000 | |
| Professional and technical services | 5 | $350,000 | |
| Restaurants and hotels | 3 | $1,000,000 | |
| Arts, entertainment and recreation | 2 | $525,000 |