25 SBA loans worth $19.6M went to businesses in Newton, NJ between October 2021 and June 2026, from 18 lenders. First Bank of the Lake made the most, 3 loans. The median loan was $300,000, compared with $150,000 across New Jersey, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | First Bank of the Lake Bank · Osage Beach, MO | 3 | $5.6M | $2,486,000 | 33% |
| 2 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $4.3M | $2,150,000 | 0% |
| 3 | Peapack Private Bank and Trust Bank · Bedminster, NJ | 2 | $2.2M | $1,100,000 | 0% |
| 4 | Meridian Bank Bank · Wayne, PA | 2 | $2.0M | $1,017,500 | 100% |
| 5 | Financial Resources Federal Credit Union Credit union · Branchburg, NJ | 2 | $1.0M | $513,750 | 50% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $235K | $117,500 | 0% |
| 7 | Citizens Bank Bank · Elizabethton, TN | 1 | $1.2M | $1,151,000 | 0% |
| 8 | United Community Bank Bank · Greenville, SC | 1 | $900K | $900,000 | 100% |
| 9 | Celtic Bank Bank · Salt Lake City, UT | 1 | $696K | $695,600 | 100% |
| 10 | Sunnyside Federal Savings and Loan Association of Irvington Bank · Irvington, NY | 1 | $485K | $485,000 | 100% |
| 11 | Fulton Bank Bank · Lancaster, PA | 1 | $292K | $292,500 | 100% |
| 12 | Northeast Bank Bank · Portland, ME | 1 | $254K | $254,300 | 0% |
| 13 | Stearns Bank Bank · St. Cloud, MN | 1 | $244K | $244,000 | 100% |
| 14 | Huntington National Bank Bank · Columbus, OH | 1 | $140K | $140,000 | 0% |
| 15 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $46K | $46,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 5 | $244,000 | Peapack Private Bank and Trust | |
| Construction | 4 | $277,150 | Meridian Bank | |
| Wholesale trade | 4 | $2,534,150 | First Bank of the Lake | |
| Other services (repair, personal care) | 3 | $495,000 | First Bank of the Lake | |
| Restaurants and hotels | 3 | $695,600 | Financial Resources Federal Credit Union | |
| Professional and technical services | 2 | $40,500 | Manufacturers and Traders Trust | |
| Arts, entertainment and recreation | 1 | $485,000 | Sunnyside Federal Savings and Loan Association of Irvington | |
| Administrative and support services | 1 | $35,000 | Readycap Lending |