41 SBA loans worth $22.0M went to businesses in South Orange, NJ between October 2021 and June 2026, from 23 lenders. Manufacturers and Traders Trust made the most, 5 loans. The median loan was $230,800, compared with $150,000 across New Jersey, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 5 | $395K | $75,000 | 20% |
| 2 | Live Oak Banking Bank · Wilmington, NC | 4 | $3.1M | $500,000 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 4 | $2.1M | $441,250 | 0% |
| 4 | TD Bank Bank · Wilmington, DE | 4 | $441K | $88,000 | 50% |
| 5 | Northeast Bank Bank · Portland, ME | 3 | $339K | $139,300 | 0% |
| 6 | Peapack Private Bank and Trust Bank · Bedminster, NJ | 2 | $5.2M | $2,625,000 | 50% |
| 7 | NewBank Bank · Flushing, NY | 2 | $2.4M | $1,200,000 | 0% |
| 8 | Newtek Bank Bank · Miami, FL | 2 | $1.9M | $925,000 | 0% |
| 9 | Beacon Bank and Trust Bank · Boston, MA | 1 | $1.4M | $1,435,000 | 100% |
| 10 | Royal Business Bank Bank · Los Angeles, CA | 1 | $1.1M | $1,113,000 | 100% |
| 11 | Port 51 Lending Non-bank lender · New York, NY | 1 | $597K | $597,000 | 0% |
| 12 | Dime Commercial Bank Bank · Hauppauge, NY | 1 | $522K | $522,000 | 0% |
| 13 | Empire State Certified Development Certified development company · Latham, NY | 1 | $479K | $479,000 | 0% |
| 14 | Industrial Bank Bank · Washington, DC | 1 | $440K | $440,000 | 100% |
| 15 | Bancorp Bank Bank · Sioux Falls, SD | 1 | $400K | $399,800 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 8 | $367,000 | Newtek Bank | |
| Professional and technical services | 6 | $150,000 | TD Bank | |
| Other services (repair, personal care) | 6 | $67,500 | Manufacturers and Traders Trust | |
| Retail | 5 | $1,200,000 | NewBank | |
| Wholesale trade | 4 | $500,000 | Live Oak Banking | |
| Administrative and support services | 4 | $100,000 | Huntington National Bank | |
| Construction | 2 | $113,000 | Manufacturers and Traders Trust | |
| Health care and social assistance | 2 | $374,900 | Bancorp Bank |