25 SBA loans worth $7.9M went to businesses in Cedar Grove, NJ between October 2021 and June 2026, from 12 lenders. TD Bank made the most, 7 loans. The median loan was $60,000, compared with $150,000 across New Jersey, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 7 | $250K | $25,000 | 43% |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 5 | $240K | $25,200 | 40% |
| 3 | Live Oak Banking Bank · Wilmington, NC | 2 | $3.5M | $1,750,000 | 0% |
| 4 | Santander Bank Bank · Wilmington, DE | 2 | $140K | $70,050 | 0% |
| 5 | PNC Bank Bank · Wilmington, DE | 2 | $50K | $25,000 | 50% |
| 6 | Trenton Business Assistance Certified development company · Princeton, NJ | 1 | $2.8M | $2,847,000 | 0% |
| 7 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $300K | $300,000 | 0% |
| 8 | MVB Bank Bank · Fairmont, WV | 1 | $225K | $225,400 | 0% |
| 9 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $143K | $142,700 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 1 | $100K | $100,000 | 0% |
| 11 | Huntington National Bank Bank · Columbus, OH | 1 | $75K | $75,000 | 0% |
| 12 | First Bank of the Lake Bank · Osage Beach, MO | 1 | $25K | $25,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 6 | $56,000 | TD Bank | |
| Retail | 5 | $25,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 3 | $25,000 | Newtek Bank | |
| Wholesale trade | 3 | $75,000 | TD Bank | |
| Arts, entertainment and recreation | 2 | $15,100 | Manufacturers and Traders Trust | |
| Health care and social assistance | 2 | $142,700 | MVB Bank | |
| Manufacturing | 2 | $1,750,000 | Live Oak Banking | |
| Education | 1 | $100,000 | TD Bank |