SBA lending data · fiscal year 2025

9 lenders funded general freight trucking, local in New Jersey last year

42 SBA 7(a) loans approved under NAICS 484110. Median approval $55,400, median term 120 months, median initial rate 11%.

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What was actually approved

42
loans approved
9
distinct lenders
$33k
25th percentile
$144k
75th percentile

Half of all approvals in this industry and state fell between $33,000 and $143,750. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.

The most active lenders

Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.

  1. 1TD Bank, National Association16 loans · $1.2M
  2. 2Northeast Bank10 loans · $0.8M
  3. 3Manufacturers and Traders Trust Company5 loans · $0.5M
  4. 4Santander Bank, National Association3 loans · $0.2M
  5. 5Lendistry SBLC, LLC2 loans · $0.3M
  6. 6JPMorgan Chase Bank, National Association2 loans · $0.3M
  7. 7Shoreham Bank2 loans · $0.3M
  8. 8Wells Fargo Bank National Association1 loan · $0M
  9. 9Port 51 Lending LLC1 loan · $1.1M

This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.

Is this industry getting easier or harder to finance?

Fiscal yearLoansLendersMedian approval
FY20237313$55,600
FY20246014$50,000
FY2025429$55,400

Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.

Where this comes from

The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.

This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other industries in New Jersey

General Freight Trucking, Local in other states

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