40 SBA loans worth $7.1M went to businesses in East Orange, NJ between October 2021 and June 2026, from 11 lenders. TD Bank made the most, 15 loans. The median loan was $55,000, compared with $150,000 across New Jersey, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 15 | $1.2M | $50,000 | 27% |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 9 | $412K | $40,000 | 0% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $1.3M | $500,000 | 0% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $50K | $15,000 | 100% |
| 5 | FinWise Bank Bank · Murray, UT | 2 | $830K | $415,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 2 | $563K | $281,500 | 0% |
| 7 | PNC Bank Bank · Wilmington, DE | 2 | $85K | $42,500 | 50% |
| 8 | Byline Bank Bank · Chicago, IL | 1 | $1.9M | $1,925,000 | 0% |
| 9 | Somerset Regal Bank Bank · Bound Brook, NJ | 1 | $325K | $325,000 | 0% |
| 10 | New Millennium Bank Bank · Fort Lee, NJ | 1 | $250K | $250,000 | 100% |
| 11 | Newtek Bank Bank · Miami, FL | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 7 | $40,000 | Manufacturers and Traders Trust | |
| Construction | 5 | $329,000 | Readycap Lending | |
| Transportation and warehousing | 4 | $20,000 | TD Bank | |
| Real estate and rental | 4 | $125,000 | TD Bank | |
| Administrative and support services | 3 | $45,000 | TD Bank | |
| Retail | 3 | $500,000 | Byline Bank | |
| Professional and technical services | 3 | $75,000 | TD Bank | |
| Restaurants and hotels | 2 | $37,500 | PNC Bank |