33 SBA loans worth $40.5M went to businesses in Farmingdale, NJ between October 2021 and June 2026, from 18 lenders. Trenton Business Assistance made the most, 7 loans. The median loan was $592,000, compared with $150,000 across New Jersey, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Trenton Business Assistance Certified development company · Princeton, NJ | 7 | $22.3M | $3,291,000 | 0% |
| 2 | Beacon Bank and Trust Bank · Boston, MA | 4 | $4.8M | $1,207,500 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 2 | $2.2M | $1,114,000 | 0% |
| 4 | Meridian Bank Bank · Wayne, PA | 2 | $1.9M | $950,000 | 100% |
| 5 | Magyar Bank Bank · New Brunswick, NJ | 2 | $1.5M | $750,000 | 0% |
| 6 | TowneBank Bank · Portsmouth, VA | 2 | $515K | $257,700 | 100% |
| 7 | Newtek Bank Bank · Miami, FL | 2 | $400K | $200,000 | 0% |
| 8 | TD Bank Bank · Wilmington, DE | 2 | $275K | $137,500 | 0% |
| 9 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $2.0M | $2,015,000 | 100% |
| 10 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $1.9M | $1,907,400 | 100% |
| 11 | East West Bank Bank · Pasadena, CA | 1 | $922K | $922,500 | 0% |
| 12 | FDIC - Community Bank & Trust-West Georgia Non-bank lender · Lagrange, GA | 1 | $504K | $504,000 | 0% |
| 13 | Live Oak Banking Bank · Wilmington, NC | 1 | $500K | $500,000 | 0% |
| 14 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $350K | $350,000 | 0% |
| 15 | Colony Bank Bank · Fitzgerald, GA | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 8 | $1,953,700 | Beacon Bank and Trust | |
| Other services (repair, personal care) | 5 | $100,000 | TowneBank | |
| Construction | 5 | $600,000 | Magyar Bank | |
| Retail | 4 | $471,000 | Trenton Business Assistance | |
| Wholesale trade | 3 | $1,700,000 | Meridian Bank | |
| Professional and technical services | 2 | $425,000 | Live Oak Banking | |
| Administrative and support services | 2 | $1,082,500 | First National Bank of Pennsylvania | |
| Arts, entertainment and recreation | 1 | $2,098,000 | Trenton Business Assistance |