29 SBA loans worth $10.5M went to businesses in Phillipsburg, NJ between October 2021 and June 2026, from 16 lenders. TD Bank made the most, 11 loans. The median loan was $110,000, compared with $150,000 across New Jersey, and administrative and support services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 11 | $3.6M | $45,000 | 36% |
| 2 | PNC Bank Bank · Wilmington, DE | 3 | $990K | $20,000 | 33% |
| 3 | Northeast Bank Bank · Portland, ME | 2 | $150K | $75,000 | 0% |
| 4 | Valley National Bank Bank · Passaic, NJ | 1 | $1.8M | $1,758,000 | 0% |
| 5 | Fidelity Deposit and Discount Bank Bank · Dunmore, PA | 1 | $832K | $832,500 | 0% |
| 6 | Bank of America Bank · Charlotte, NC | 1 | $722K | $722,000 | 100% |
| 7 | Peapack Private Bank and Trust Bank · Bedminster, NJ | 1 | $680K | $680,000 | 0% |
| 8 | Customers Bank Bank · Malvern, PA | 1 | $617K | $617,000 | 100% |
| 9 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $400K | $400,000 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 1 | $200K | $200,000 | 0% |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| 12 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 1 | $150K | $150,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $110K | $110,000 | 0% |
| 14 | First Commonwealth FCU Credit union · Allentown, PA | 1 | $94K | $93,700 | 100% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 5 | $93,700 | PNC Bank | |
| Health care and social assistance | 4 | $408,500 | TD Bank | |
| Other services (repair, personal care) | 4 | $60,000 | TD Bank | |
| Retail | 4 | $150,000 | Peapack Private Bank and Trust | |
| Restaurants and hotels | 3 | $200,000 | Newtek Bank | |
| Transportation and warehousing | 3 | $35,000 | TD Bank | |
| Construction | 2 | $145,000 | TD Bank | |
| Professional and technical services | 2 | $67,500 | Northeast Bank |