New Jersey SBA 7(a) Lender Rankings for FY 2023

RANKLender# Loans$ AmountAverage Loan Size
1TD Bank, National Association (DE)722$96,887,400$134,193
2Live Oak Banking Company (NC)41$62,856,900$1,533,095
3Meridian Bank (PA)47$50,156,000$1,067,149
4FinWise Bank (UT)22$38,025,000$1,728,409
5Newtek Small Business Finance, Inc. (NY)57$37,243,800$653,400
6Wilmington Savings Fund Society, FSB (DE)39$25,810,500$661,808
7Peapack-Gladstone Bank (NJ)27$23,627,000$875,074
8Berkshire Bank (MA)18$21,727,000$1,207,056
9Columbia Bank (NJ)15$21,655,500$1,443,700
10Republic First Bank d/b/a Republic Bank (PA)13$20,508,500$1,577,577
11Fulton Bank, National Association (PA)29$20,150,500$694,845
12Provident Bank (NJ)19$19,969,900$1,051,047
13Financial Resources FCU (NJ)15$19,887,000$1,325,800
14Newtek Bank, National Association (FL)40$19,055,000$476,375
15Firstrust Savings Bank (PA)14$18,014,100$1,286,721
16Manufacturers and Traders Trust Company (NY)179$17,319,400$96,756
17Wells Fargo Bank, National Association (SD)70$16,316,800$233,097
18PNC Bank, National Association (DE)81$15,517,000$191,568
19ConnectOne Bank (NY)13$15,441,000$1,187,769
20Celtic Bank Corporation (UT)22$15,324,300$696,559
21Lakeland Bank (NJ)10$15,244,000$1,524,400
22Hanover Community Bank (NY)18$15,204,000$844,667
23BayFirst National Bank (FL)87$14,983,900$172,229
24Readycap Lending, LLC (NJ)35$14,875,800$425,023
25Cadence Bank (MS)52$14,566,000$280,115
26Bank of America, National Association (SC)28$14,460,500$516,446
27New Millennium Bank (NJ)16$14,000,000$875,000
28JPMorgan Chase Bank, National Association (OH)72$13,230,000$183,750
29The Huntington National Bank (OH)50$12,490,100$249,802
301st Colonial Community Bank (NJ)16$10,427,200$651,700
31NewBank (NY)16$9,885,000$617,813
32Dime Community Bank (NY)4$9,422,000$2,355,500
33Byline Bank (IL)9$9,325,000$1,036,111
34First Bank of the Lake (MO)15$8,823,200$588,213
35Cross River Bank (NJ)5$8,678,900$1,735,780
36Unity Bank (NJ)9$8,631,500$959,056
37Truist Bank (NC)3$7,910,000$2,636,667
38First Bank (NJ)11$7,505,500$682,318
39Blue Foundry Bank (NJ)4$6,958,000$1,739,500
40Citibank, N.A. (SD)4$6,897,500$1,724,375
41Univest Bank and Trust Co. (PA)7$6,472,000$924,571
42Magyar Bank (NJ)7$5,943,700$849,100
43The Bancorp Bank National Association (SD)3$5,444,600$1,814,867
44Customers Bank (PA)7$5,403,300$771,900
45Dogwood State Bank (NC)11$5,371,000$488,273
46Quaint Oak Bank (PA)4$5,311,700$1,327,925
47Harvest Small Business Finance, LLC (CA)2$5,259,400$2,629,700
48Hometown Bank (OH)1$5,000,000$5,000,000
49Empire State Bank (NY)1$4,800,000$4,800,000
50Trenton Business Assistance Corporation (NJ)27$4,576,200$169,489
51Valley National Bank (NJ)8$4,446,500$555,813
52Stearns Bank National Association (MN)6$4,431,400$738,567
53Citizens Bank, National Association (RI)4$4,299,100$1,074,775
54Webster Bank National Association (CT)5$4,137,300$827,460
55First Chatham Bank (GA)4$4,125,000$1,031,250
56Metro City Bank (GA)2$4,056,000$2,028,000
57First Resource Bank (PA)1$3,950,000$3,950,000
58CapStar Bank (TN)2$3,637,700$1,818,850
59KeyBank National Association (OH)11$3,519,900$319,991
60United Midwest Savings Bank, National Association (OH)13$3,502,000$269,385
61Fund-Ex Solutions Group, LLC (FL)5$3,485,500$697,100
62First Commerce Bank (NJ)5$3,483,000$696,600
63Northfield Bank (NJ)4$3,458,100$864,525
64First National Bank of Pennsylvania (NC)2$3,427,000$1,713,500
65First Financial Bank (AR)4$3,307,400$826,850
66First Commonwealth Bank (PA)3$2,968,000$989,333
67First Internet Bank of Indiana (IN)3$2,808,000$936,000
68Grasshopper Bank National Association (NY)4$2,712,000$678,000
69City National Bank (CA)4$2,329,000$582,250
70Santander Bank, National Association (DE)31$2,254,900$72,739
71Hanmi Bank (CA)3$2,245,000$748,333
72Mi Bank (MI)1$2,205,000$2,205,000
73The First National Bank of Absecon (NJ)3$2,052,000$684,000
74LendingClub Bank, National Association (IL)3$2,031,000$677,000
75Seacoast National Bank (FL)1$1,996,000$1,996,000
76Northeast Bank (ME)25$1,969,400$78,776
77Citizens Bank (TN)3$1,874,800$624,933
78Bank of Hope (CA)8$1,809,000$226,125
79Pacific Western Bank (CA)1$1,777,000$1,777,000
80GBank (NV)1$1,737,000$1,737,000
81Haddon Savings Bank (NJ)1$1,518,000$1,518,000
82Five Star Bank (CA)4$1,515,000$378,750
83Bank of Clarke (VA)1$1,500,000$1,500,000
84Ameris Bank (GA)1$1,431,200$1,431,200
85The First National Bank of Elmer (NJ)2$1,250,000$625,000
86Tioga-Franklin Savings Bank (PA)4$1,200,000$300,000
87Exos Small Business Lending LLC (CO)2$1,117,000$558,500
88The Bank of Houston (MO)2$1,116,000$558,000
89Capital One, National Association (VA)3$992,000$330,667
90Somerset Regal Bank (NJ)3$960,000$320,000
91East West Bank (CA)1$922,500$922,500
92West Town Bank & Trust (IL)3$815,000$271,667
93Platinum Bank (MN)1$700,000$700,000
94PCB Bank (CA)1$700,000$700,000
95Century Savings Bank (NJ)2$695,000$347,500
96The MINT National Bank (TX)1$675,000$675,000
97Tandem Bank (GA)4$600,000$150,000
98U.S. Bank, National Association (OH)2$540,300$270,150
99Mid Penn Bank (PA)1$535,000$535,000
100Fountainhead SBF LLC (FL)1$504,000$504,000
101Hancock Whitney Bank (MS)1$500,000$500,000
102Woori America Bank (NY)1$400,000$400,000
103Alma Bank (NY)1$400,000$400,000
104Colony Bank (GA)5$384,400$76,880
105Lendistry SBLC, LLC (CA)2$366,800$183,400
106Truliant FCU (NC)1$350,000$350,000
107Village Bank and Trust, National Association (IL)1$300,000$300,000
108Capital Bank, National Association (MD)1$237,600$237,600
109Peoples Security Bank and Trust Company (PA)1$200,000$200,000
110KEB Hana Bank USA, National Association (NJ)1$200,000$200,000
111CRF Small Business Loan Company, LLC (MN)1$175,000$175,000
112Empire State Certified Development Corporation (NY)1$162,000$162,000
113Small Business Bank (KS)1$150,000$150,000
114The Victory Bank (PA)1$100,000$100,000
115Asian Bank (PA)1$80,000$80,000

Source: Lumos Data