Valley National Bank approved 212 SBA loans worth $257.0M between October 2021 and June 2026, ranking #196 of 2,283 SBA lenders nationally by loan count. Its median loan was $724,750, and 53% went to startups or businesses under two years old. It lent in 11 states, most often in Florida, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 141 | $165.6M | $720,000 | #27 |
| New York | 27 | $43.0M | $916,000 | #72 |
| New Jersey | 25 | $20.6M | $602,000 | #52 |
| Alabama | 6 | $6.4M | $409,400 | #60 |
| Louisiana | 4 | $6.5M | $1,614,000 | #70 |
| Georgia | 3 | $4.2M | $1,677,000 | #197 |
| Massachusetts | 2 | $7.8M | $3,890,000 | #162 |
| California | 1 | $412K | $412,000 | #274 |
| Arizona | 1 | $714K | $714,000 | #219 |
| Colorado | 1 | $494K | $494,000 | #246 |
| Connecticut | 1 | $1.4M | $1,428,000 | #152 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 56 | $652,900 | |
| Professional and technical services | 21 | $479,000 | |
| Arts, entertainment and recreation | 20 | $645,500 | |
| Health care and social assistance | 19 | $785,000 | |
| Retail | 17 | $944,000 | |
| Construction | 17 | $687,500 | |
| Manufacturing | 14 | $1,442,000 | |
| Other services (repair, personal care) | 14 | $428,500 | |
| Administrative and support services | 13 | $690,000 | |
| Wholesale trade | 9 | $1,428,000 |