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SBA Loans in Somerset, NJ

Explore recent SBA 7(a) and 504 lending activity in Somerset. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
405
all programs
Approved $
$188.6M
last 24 months
Avg loan
$466K
median $245K
Active lenders
68
approved here
Jobs supported
4,505
cumulative

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SOMERSET · 405 LOANS

Top lenders in Somerset

Bank of America, National Association
66
TD Bank, National Association
64
PNC Bank, National Association
43
Unity Bank
17
Fulton Bank, National Association
15
JPMorgan Chase Bank, National Association
14

Top industries in Somerset

Offices of Dentists
12
Supermarkets and Other Grocery (except Convenience) Stores
12
Computer Systems Design Services
10
Child Day Care Services
9
Fitness and Recreational Sports Centers
8
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Loan records · Somerset, NJ
405 records
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JAY LAXMI VISHNU LLC
Somerset, NJ
$5,000,000
7(a)
Unity Bank2011-01-01
DASH HOTELS L.L.C.
Somerset, NJ
$5,000,000
7(a)
Celtic Bank Corporation$313K/job · 2023-04-06
ASSEENONTVPEOPLE LIMITED LIABILITY COMPANY
Somerset, NJ
$5,000,000
7(a)
Newtek Bank, National Association$1.3M/job · 2024-05-23
Somerset Group Hospitality, LLC
Somerset, NJ
$5,000,000
7(a)
The Bank of Princeton2013-09-30
LITTLE HONORS 2 LLC
Somerset, NJ
$4,900,000
7(a)
Firstrust Savings Bank$132K/job · 2024-04-25
Somerset Hospitality Holdings LLC
Somerset, NJ
$4,880,000
7(a)
Hanover Community Bank$325K/job · 2016-11-01
Parker Ibrahim & Berg, LLP
Somerset, NJ
$4,465,000
7(a)
Provident Bank$1.5M/job · 2023-09-22
Sigma Construction, Inc.
Somerset, NJ
$4,250,000
7(a)
Peapack Private Bank and Trust$283K/job · 2023-03-07
NEW WORLD STAINLESS, LLC
Somerset, NJ
$4,250,000
7(a)
Firstrust Savings Bank$89K/job · 2015-03-27
Northstar Somerset Management, LLC
Somerset, NJ
$4,000,000
7(a)
Spring Bank$42K/job · 2011-11-09
DAYAL ENTERPRISES LLC
Somerset, NJ
$3,843,000
504
SBA CLSC Servicing$61K/job · 2010-08-23
215 DAVIDSON LLC
Somerset, NJ
$3,700,000
7(a)
FinWise Bank$308K/job · 2018-05-29
BEACON LOGISTICS LLC
Somerset, NJ
$3,200,000
7(a)
City National Bank$1.1M/job · 2025-04-16
Hampton Inn & Suites Somerset
Somerset, NJ
$3,027,000
504
Trenton Business Assistance Corporation$101K/job · 2017-12-19
BYTECH NY INC.
Somerset, NJ
$2,945,000
504
Empire State Certified Development Corporation$295K/job · 2017-01-12
305 Churchill LLC dba Oasis Snacks LLC
Somerset, NJ
$2,916,000
504
Trenton Business Assistance Corporation$61K/job · 2021-07-23
kmpa properties llc
Somerset, NJ
$2,800,000
7(a)
BCB Community Bank$93K/job · 2015-10-09
Shree Ganesh Hospitality LLC to assist DHK Management
Somerset, NJ
$2,730,000
7(a)
Bank of Hope$341K/job · 2012-05-07
Everkind Care Inc.
Somerset, NJ
$2,542,500
7(a)
American National Bank$26K/job · 2025-11-17
NEW WORLD STAINLESS, LLC
Somerset, NJ
$2,500,000
7(a)
Somerset Regal Bank$104K/job · 2011-03-24
SITA CORP. USA
Somerset, NJ
$2,500,000
7(a)
The Bank of Princeton$833K/job · 2017-03-10
Custompictureframes.com
Somerset, NJ
$2,382,000
504
Trenton Business Assistance Corporation$108K/job · 2021-01-14
Dayal Enterprises, llc
Somerset, NJ
$2,360,000
504
SBA CLSC Servicing$37K/job · 2015-09-28
Emby Hosiery Corp
Somerset, NJ
$2,194,000
7(a)
TD Bank, National Association$157K/job · 2015-05-11
JWB Industries, Inc.
Somerset, NJ
$2,067,300
7(a)
Wells Fargo Bank National Association$69K/job · 2019-04-08
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