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SBA lenders in Union City, NJ

SBA 7(a) and 504 loans to businesses in Union City (Hudson County), October 2021 to June 30, 2026 · Updated October 15, 2026
68
SBA loans approved
$20.0M
Total approved
$97,500
Median loan
24
Lenders active
28%
To startups

68 SBA loans worth $20.0M went to businesses in Union City, NJ between October 2021 and June 2026, from 24 lenders. TD Bank made the most, 18 loans. The median loan was $97,500, compared with $150,000 across New Jersey, and retail was the most financed industry.

Most active SBA lenders in Union City

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
18$1.0M$25,00039%
2Manufacturers and Traders Trust
Bank · Buffalo, NY
6$219K$28,00050%
3Northeast Bank
Bank · Portland, ME
5$363K$73,60020%
4Provident Bank
Bank · Jersey City, NJ
4$1.9M$556,00025%
5Newtek Bank
Bank · Miami, FL
4$1.0M$150,00050%
6Trenton Business Assistance
Certified development company · Princeton, NJ
3$3.1M$855,0000%
7Wells Fargo Bank
Bank · Sioux Falls, SD
3$1.1M$510,00033%
8BayFirst National Bank
Bank · St. Petersburg, FL
3$376K$140,0000%
9Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$118K$43,0000%
10Live Oak Banking
Bank · Wilmington, NC
2$2.9M$1,450,00050%
11Webster Bank
Bank · Stamford, CT
2$1.4M$707,3500%
12Bank of America
Bank · Charlotte, NC
2$1.3M$628,250100%
13JPMorgan Chase Bank
Bank · Columbus, OH
2$660K$330,0000%
14Financial Resources Federal Credit Union
Credit union · Branchburg, NJ
1$1.2M$1,235,0000%
15Unity Bank
Bank · Clinton, NJ
1$1.2M$1,180,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Union City. For 504 loans the lender shown is the certified development company.

What gets financed in Union City

IndustryLoansShareMedian loanMost active lender
Retail16
24%
$103,000TD Bank
Restaurants and hotels9
13%
$175,000Newtek Bank
Transportation and warehousing9
13%
$50,000Manufacturers and Traders Trust
Professional and technical services8
12%
$120,000CenTrust Bank, A Division of SmartBiz Bank
Health care and social assistance6
9%
$203,250Bank of America
Wholesale trade4
6%
$304,000Provident Bank
Construction4
6%
$28,000Manufacturers and Traders Trust
Arts, entertainment and recreation3
4%
$1,000,000Live Oak Banking
Loan size mix
  • Under $150,00056%
  • $150,000 to $500,00021%
  • $500,000 to $2 million22%
  • $2 million and up1%
Compared with New Jersey
Median loan, Union City
$97,500
Median loan, New Jersey
$150,000
Startup share, Union City
28%
Startup share, New Jersey
30%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Union City

0102030FY14: 6 loansFY14FY15: 10 loansFY15FY16: 9 loansFY16FY17: 11 loansFY17FY18: 12 loansFY18FY19: 6 loansFY19FY20: 3 loansFY20FY21: 9 loansFY21FY22: 6 loansFY22FY23: 13 loansFY23FY24: 15 loansFY24FY25: 23 loansFY2523FY26 (Oct to Jun): 11 loansFY2611
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.