SHANE PIERSON · SBA DATA
SBA by City · Jersey City, NJ

SBA Lending in Jersey City, New Jersey

Businesses in Jersey City, NJ have drawn 958 SBA 7(a) loans worth $247M, and annual volume has grown 48% versus the prior decade.

958
7(a) loans
$247M
Approved dollars
$257,411
Average loan size
#1
Rank in New Jersey
+48%
Annualized vs prior decade
17.3%
Active-loan distress

Jersey City is the #1 SBA 7(a) market in New Jersey and #207 in the country. Since 1991 lenders have approved 958 loans here worth $247M, averaging $257,411 each. Annual approval volume has grown 48% between FY2013-2019 and FY2020-2026. 17.3% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is limited-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.