SBA lending data · fiscal year 2025

35 lenders funded limited-service restaurants in New Jersey last year

81 SBA 7(a) loans approved under NAICS 722513. Median approval $250,000, median term 120 months, median initial rate 10.25%.

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What was actually approved

81
loans approved
35
distinct lenders
$70k
25th percentile
$500k
75th percentile

Half of all approvals in this industry and state fell between $70,000 and $500,000. 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. 1Live Oak Banking Company10 loans · $4.4M
  2. 2The Huntington National Bank10 loans · $2.5M
  3. 3Manufacturers and Traders Trust Company9 loans · $0.7M
  4. 4TD Bank, National Association7 loans · $0.9M
  5. 5Newtek Bank, National Association6 loans · $1.8M
  6. 6Wilmington Savings Fund Society FSB3 loans · $1M
  7. 7Unity Bank2 loans · $1.1M
  8. 8Bank of America, National Association2 loans · $1.3M
  9. 9Peapack Private Bank and Trust2 loans · $2.1M
  10. 10Meridian Bank2 loans · $1.5M
  11. 11Wells Fargo Bank National Association2 loans · $1.6M
  12. 12Northeast Bank2 loans · $0.4M

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
FY20236634$355,000
FY20246734$230,000
FY20258135$250,000

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

Limited-Service Restaurants in other states

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