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SBA lenders in Montclair, NJ

SBA 7(a) and 504 loans to businesses in Montclair (Essex County), October 2021 to June 30, 2026 · Updated October 15, 2026
77
SBA loans approved
$19.1M
Total approved
$150,000
Median loan
30
Lenders active
31%
To startups

77 SBA loans worth $19.1M went to businesses in Montclair, NJ between October 2021 and June 2026, from 30 lenders. TD Bank made the most, 17 loans. The median loan was $150,000, compared with $150,000 across New Jersey, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Montclair

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
17$935K$25,00041%
2Huntington National Bank
Bank · Columbus, OH
9$1.9M$160,00033%
3JPMorgan Chase Bank
Bank · Columbus, OH
6$760K$90,0000%
4Newtek Bank
Bank · Miami, FL
6$675K$137,50033%
5Trenton Business Assistance
Certified development company · Princeton, NJ
3$2.1M$371,0000%
6BayFirst National Bank
Bank · St. Petersburg, FL
3$400K$150,0000%
7Manufacturers and Traders Trust
Bank · Buffalo, NY
3$250K$80,0000%
8Byline Bank
Bank · Chicago, IL
2$826K$413,00050%
9First Bank of the Lake
Bank · Osage Beach, MO
2$593K$296,70050%
10Wells Fargo Bank
Bank · Sioux Falls, SD
2$552K$276,000100%
11Live Oak Banking
Bank · Wilmington, NC
2$525K$262,5000%
12Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$388K$194,2500%
13Northeast Bank
Bank · Portland, ME
2$129K$64,3500%
14Santander Bank
Bank · Wilmington, DE
2$38K$19,0500%
15Mission Valley Bank
Bank · Sun Valley, CA
1$2.5M$2,459,200100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Montclair. For 504 loans the lender shown is the certified development company.

What gets financed in Montclair

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels16
21%
$272,500Huntington National Bank
Professional and technical services16
21%
$90,000JPMorgan Chase Bank
Other services (repair, personal care)10
13%
$87,500Santander Bank
Construction6
8%
$198,000Huntington National Bank
Health care and social assistance5
6%
$160,000Huntington National Bank
Finance and insurance5
6%
$75,000TD Bank
Arts, entertainment and recreation4
5%
$215,000TD Bank
Retail4
5%
$235,500TD Bank
Loan size mix
  • Under $150,00049%
  • $150,000 to $500,00039%
  • $500,000 to $2 million10%
  • $2 million and up1%
Compared with New Jersey
Median loan, Montclair
$150,000
Median loan, New Jersey
$150,000
Startup share, Montclair
31%
Startup share, New Jersey
30%
Share of state's SBA loans
0.7%

SBA loans per fiscal year in Montclair

0102030FY14: 7 loansFY14FY15: 7 loansFY15FY16: 12 loansFY16FY17: 14 loansFY17FY18: 21 loansFY18FY19: 13 loansFY19FY20: 7 loansFY20FY21: 10 loansFY21FY22: 6 loansFY22FY23: 23 loansFY2323FY24: 19 loansFY24FY25: 23 loansFY25FY26 (Oct to Jun): 6 loansFY266
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.