SHANE PIERSON · SBA DATA
SBA Lending by State · New Jersey

SBA Lending in New Jersey

New Jersey is a mid-sized SBA market concentrated in food and lodging, growing +19%.

51,928
Total SBA loans
$17.9B
Approved dollars
6.0
Loans per 1,000 businesses / yr
+19%
Growth, 2010s to 2020s
6.8%
Active-status distress
#10
Rank, national volume
#24
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for New Jersey since 1991 sits in the public federal file. New Jersey accounts for 51,928 of them, worth $17.9B, split 49,522 under 7(a) and 2,406 under 504. Roughly 11% of 7(a) approvals went to startups and new businesses.

Top industries funded in New Jersey

  • Retail7,645 loans · $2.5B
  • Food & Lodging5,637 loans · $2.7B
  • Personal Services5,528 loans · $1.4B
  • Professional Services4,373 loans · $1.0B
  • Other4,332 loans · $1.0B
  • Construction4,241 loans · $788M

Program mix

49,522
7(a) loans
2,406
504 loans
11%
To startups & new businesses
89%
To existing businesses

SBA lending by city in New Jersey

Jersey City 958Newark 873
See New Jersey on the interactive map

Drill New Jersey to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore New Jersey on the map ↗

Keep reading

The State of SBA Lending (full report) Ten questions, answered from the record The national loan map All 50 states & DC

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

Nearby states

SBA lending in New YorkSBA lending in PennsylvaniaSBA lending in Delaware
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