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SBA lenders in Elizabeth, NJ

SBA 7(a) and 504 loans to businesses in Elizabeth (Union County), October 2021 to June 30, 2026 · Updated October 15, 2026
88
SBA loans approved
$37.1M
Total approved
$150,000
Median loan
26
Lenders active
25%
To startups

88 SBA loans worth $37.1M went to businesses in Elizabeth, NJ between October 2021 and June 2026, from 26 lenders. TD Bank made the most, 25 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Elizabeth

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
25$2.8M$86,00012%
2Newtek Bank
Bank · Miami, FL
9$6.0M$350,0000%
3Wells Fargo Bank
Bank · Sioux Falls, SD
8$145K$15,000100%
4Northeast Bank
Bank · Portland, ME
7$1.4M$150,0000%
5Manufacturers and Traders Trust
Bank · Buffalo, NY
6$665K$70,00067%
6Santander Bank
Bank · Wilmington, DE
6$383K$68,0000%
7Empire State Certified Development
Certified development company · Latham, NY
4$6.1M$1,452,5000%
8JPMorgan Chase Bank
Bank · Columbus, OH
3$1.1M$205,4000%
9Unity Bank
Bank · Clinton, NJ
2$4.2M$2,100,1000%
10Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$249K$124,5000%
11Port 51 Lending
Non-bank lender · New York, NY
1$3.7M$3,740,000100%
12FinWise Bank
Bank · Murray, UT
1$1.6M$1,650,0000%
13Trenton Business Assistance
Certified development company · Princeton, NJ
1$1.3M$1,257,0000%
14Magyar Bank
Bank · New Brunswick, NJ
1$1.2M$1,184,100100%
15Dime Commercial Bank
Bank · Hauppauge, NY
1$940K$940,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Elizabeth. For 504 loans the lender shown is the certified development company.

What gets financed in Elizabeth

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing24
27%
$100,000TD Bank
Restaurants and hotels10
11%
$270,000Santander Bank
Retail10
11%
$239,500Readycap Lending
Other services (repair, personal care)9
10%
$250,000Empire State Certified Development
Health care and social assistance8
9%
$162,500Northeast Bank
Construction6
7%
$72,500TD Bank
Wholesale trade6
7%
$83,000TD Bank
Manufacturing5
6%
$500,000TD Bank
Loan size mix
  • Under $150,00048%
  • $150,000 to $500,00026%
  • $500,000 to $2 million22%
  • $2 million and up5%
Compared with New Jersey
Median loan, Elizabeth
$150,000
Median loan, New Jersey
$150,000
Startup share, Elizabeth
25%
Startup share, New Jersey
30%
Share of state's SBA loans
0.8%

SBA loans per fiscal year in Elizabeth

0102030FY14: 16 loansFY14FY15: 15 loansFY15FY16: 13 loansFY16FY17: 12 loansFY17FY18: 19 loansFY18FY19: 12 loansFY19FY20: 8 loansFY20FY21: 7 loansFY21FY22: 18 loansFY22FY23: 15 loansFY23FY24: 18 loansFY24FY25: 27 loansFY2527FY26 (Oct to Jun): 10 loansFY2610
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.