60 SBA loans worth $17.5M went to businesses in Palisades Park, NJ between October 2021 and June 2026, from 21 lenders. TD Bank made the most, 12 loans. The median loan was $133,500, compared with $150,000 across New Jersey, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 12 | $1.0M | $47,500 | 25% |
| 2 | Woori America Bank Bank · New York, NY | 6 | $2.4M | $250,000 | 67% |
| 3 | JPMorgan Chase Bank Bank · Columbus, OH | 6 | $2.2M | $80,000 | 0% |
| 4 | New Millennium Bank Bank · Fort Lee, NJ | 5 | $5.1M | $700,000 | 60% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $486K | $150,000 | 0% |
| 6 | PNC Bank Bank · Wilmington, DE | 4 | $460K | $75,000 | 0% |
| 7 | Manufacturers and Traders Trust Bank · Buffalo, NY | 4 | $300K | $75,000 | 0% |
| 8 | First Bank Bank · Hamilton, NJ | 3 | $476K | $200,000 | 0% |
| 9 | Northeast Bank Bank · Portland, ME | 3 | $150K | $50,000 | 0% |
| 10 | Bank of Hope Bank · Los Angeles, CA | 2 | $609K | $304,500 | 50% |
| 11 | PCB Bank Bank · Los Angeles, CA | 1 | $2.0M | $2,000,000 | 0% |
| 12 | Bank of America Bank · Charlotte, NC | 1 | $544K | $543,800 | 100% |
| 13 | Byline Bank Bank · Chicago, IL | 1 | $450K | $450,000 | 100% |
| 14 | Provident Bank Bank · Jersey City, NJ | 1 | $350K | $350,000 | 0% |
| 15 | Huntington National Bank Bank · Columbus, OH | 1 | $350K | $350,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 13 | $200,000 | New Millennium Bank | |
| Retail | 12 | $150,000 | TD Bank | |
| Wholesale trade | 10 | $95,000 | TD Bank | |
| Administrative and support services | 5 | $50,000 | Northeast Bank | |
| Professional and technical services | 5 | $147,000 | Huntington National Bank | |
| Health care and social assistance | 4 | $321,900 | Manufacturers and Traders Trust | |
| Construction | 3 | $105,000 | TD Bank | |
| Education | 2 | $1,140,000 | PNC Bank |