25 SBA loans worth $13.5M went to businesses in Elmwood Park, NJ between October 2021 and June 2026, from 16 lenders. Trenton Business Assistance made the most, 3 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Trenton Business Assistance Certified development company · Princeton, NJ | 3 | $3.9M | $1,719,000 | 0% |
| 2 | TD Bank Bank · Wilmington, DE | 3 | $240K | $65,000 | 33% |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $145K | $40,000 | 0% |
| 4 | Fidelity Bank Bank · Fuquay Varina, NC | 2 | $2.2M | $1,077,500 | 100% |
| 5 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $1.8M | $885,000 | 0% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $175K | $87,500 | 0% |
| 7 | Financial Resources Federal Credit Union Credit union · Branchburg, NJ | 1 | $1.4M | $1,440,000 | 0% |
| 8 | Columbia Bank Bank · Fair Lawn, NJ | 1 | $1.2M | $1,230,000 | 0% |
| 9 | PromiseOne Bank Bank · Duluth, GA | 1 | $675K | $675,000 | 100% |
| 10 | Firstrust Savings Bank Bank · Conshohocken, PA | 1 | $500K | $500,000 | 0% |
| 11 | Provident Bank Bank · Jersey City, NJ | 1 | $445K | $445,000 | 0% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 1 | $350K | $350,000 | 0% |
| 13 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $140K | $140,000 | 100% |
| 14 | Bank of Hope Bank · Los Angeles, CA | 1 | $130K | $130,000 | 0% |
| 15 | Customers Bank Bank · Malvern, PA | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 4 | $587,500 | PromiseOne Bank | |
| Construction | 4 | $70,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 3 | $1,719,000 | Fidelity Bank | |
| Arts, entertainment and recreation | 3 | $445,000 | TD Bank | |
| Other services (repair, personal care) | 3 | $309,000 | Trenton Business Assistance | |
| Administrative and support services | 2 | $885,000 | First Bank of the Lake | |
| Health care and social assistance | 2 | $87,500 | Newtek Bank | |
| Transportation and warehousing | 2 | $627,500 | TD Bank |