SBA Loans in Summit, NJ

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

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Total SBA loans

129

all programs

Approved $

$56.2M

last 24 months

Avg loan

$436K

median $245K

Active lenders

approved here

Jobs supported

898

cumulative

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SUMMIT · 129 LOANS

Top lenders in Summit

TD Bank, National Association

JPMorgan Chase Bank, National Association

Bank of America, National Association

PNC Bank, National Association

Wells Fargo Bank National Association

New Millennium Bank

Top industries in Summit

Drycleaning and Laundry Services (except Coin-Operated)

Nail Salons

Full-Service Restaurants

Exam Preparation and Tutoring

Insurance Agencies and Brokerages

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Loan records · Summit, NJ

129 records

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Borrower

Location

Program

Industry

LIBERTY GREEN MANAGEMENT INC.Hanmi Bank

Summit, NJ

$3,800,000

$317K

7(a)

Drycleaning and Laundry Services (except Coin-Operated)

2022-07-29

SUMMIT AVE LIQUORS CORP Hanover Community Bank

Summit, NJ

$3,385,000

$484K

7(a)

Beer, Wine, and Liquor Retailers

2024-12-16

490 Morris Group LLC Fulton Bank, National Association

Summit, NJ

$3,250,000

$464K

7(a)

Beer, Wine, and Liquor Retailers

2023-03-06

Marco Polo Restaurant & Tavern Inc.Unity Bank

Summit, NJ

$2,879,000

$63K

7(a)

Full-Service Restaurants

2017-12-13

Marco Polo Restaurant & Tavern Inc.First National Bank of Pennsylvania

Summit, NJ

$1,950,000

$108K

7(a)

Full-Service Restaurants

2010-03-12

LYONS VETERINARY HOSPITAL LLC Wells Fargo Bank National Association

Summit, NJ

$1,852,500

$463K

7(a)

Veterinary Services

2021-09-22

JP Kim's Nail Inc.New Millennium Bank

Summit, NJ

$1,600,000

$114K

7(a)

Nail Salons

2017-11-02

Scarlet Macaw Inc.Live Oak Banking Company

Summit, NJ

$1,590,000

$133K

7(a)

Beauty Salons

2025-02-21

Kelly Flooring LLC Hanover Community Bank

Summit, NJ

$1,565,000

$98K

7(a)

Floor Covering Retailers

2022-04-04

E.J. Stashluk & Sons Live Oak Banking Company

Summit, NJ

$1,525,000

$169K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2023-07-29

E.J. STASHLUK & SONS TD Bank, National Association

Summit, NJ

$1,480,000

$740K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2025-07-24

Mahalaxmi Donuts PNC Bank, National Association

Summit, NJ

$1,425,000

$24K

7(a)

Limited-Service Restaurants

2009-12-18

Jhovanny Hernandez Agency Corporation Byline Bank

Summit, NJ

$1,339,300

$167K

7(a)

Insurance Agencies and Brokerages

2022-01-28

J & J HI-TECH CLEANERS INC Hana Bank USA National Association

Summit, NJ

$1,250,000

$104K

7(a)

Drycleaning and Laundry Services (except Coin-Operated)

2004-11-16

Marco L. Fernandez, DMD Live Oak Banking Company

Summit, NJ

$1,225,000

—

7(a)

Offices of Dentists

2010-04-13

Summit Barre, LLC Peapack Private Bank and Trust

Summit, NJ

$1,200,000

$200K

7(a)

Fitness and Recreational Sports Centers

2017-02-02

ZADIE'S NURTURING DEN, INC.New Jersey Business Finance Corporation

Summit, NJ

$1,000,000

$34K

504

Child Day Care Services

2000-05-01

Boll & Branch LLC Provident Bank

Summit, NJ

$1,000,000

$48K

7(a)

Other Direct Selling Establishments

2016-11-15

Breakaway Prep LLC TD Bank, National Association

Summit, NJ

$936,000

$187K

7(a)

Exam Preparation and Tutoring

2019-07-01

Breakaway Prep Holdings LLC TD Bank, National Association

Summit, NJ

$936,000

$187K

7(a)

Exam Preparation and Tutoring

2019-08-14

2 SMK LLC Provident Bank

Summit, NJ

$763,600

$32K

7(a)

Child Day Care Services

2021-09-08

LEAR HOLDING COMPANY LLC Bank of America, National Association

Summit, NJ

$725,000

$363K

7(a)

Rooming and Boarding Houses

1999-05-21

Summit Ave Liquors Corp BCB Community Bank

Summit, NJ

$725,000

$60K

7(a)

"Beer, Wine, and Liquor Stores"

2017-04-19

BULL N BEAR BREWERY LLC United Community Bank

Summit, NJ

$664,000

$83K

7(a)

Drinking Places (Alcoholic Beverages)

2019-09-20

GRIDUNITY, INC.Wells Fargo Bank National Association

Summit, NJ

$614,000

$41K

7(a)

Custom Computer Programming Services

2017-03-06

LIBERTY GREEN MANAGEMENT INC.

Summit, NJ

$3,800,000

7(a)

Hanmi Bank$317K/job · 2022-07-29

SUMMIT AVE LIQUORS CORP

Summit, NJ

$3,385,000

7(a)

Hanover Community Bank$484K/job · 2024-12-16

Fulton Bank, National Association$464K/job · 2023-03-06

Marco Polo Restaurant & Tavern Inc.

Summit, NJ

$2,879,000

7(a)

Unity Bank$63K/job · 2017-12-13

Marco Polo Restaurant & Tavern Inc.

Summit, NJ

$1,950,000

7(a)

First National Bank of Pennsylvania$108K/job · 2010-03-12

LYONS VETERINARY HOSPITAL LLC

Summit, NJ

$1,852,500

7(a)

Wells Fargo Bank National Association$463K/job · 2021-09-22

New Millennium Bank$114K/job · 2017-11-02

Live Oak Banking Company$133K/job · 2025-02-21

Hanover Community Bank$98K/job · 2022-04-04

Live Oak Banking Company$169K/job · 2023-07-29

TD Bank, National Association$740K/job · 2025-07-24

PNC Bank, National Association$24K/job · 2009-12-18

Jhovanny Hernandez Agency Corporation

Summit, NJ

$1,339,300

7(a)

Byline Bank$167K/job · 2022-01-28

J & J HI-TECH CLEANERS INC

Summit, NJ

$1,250,000

7(a)

Hana Bank USA National Association$104K/job · 2004-11-16

Marco L. Fernandez, DMD

Summit, NJ

$1,225,000

7(a)

Live Oak Banking Company2010-04-13

Peapack Private Bank and Trust$200K/job · 2017-02-02

ZADIE'S NURTURING DEN, INC.

Summit, NJ

$1,000,000

504

New Jersey Business Finance Corporation$34K/job · 2000-05-01

Provident Bank$48K/job · 2016-11-15

TD Bank, National Association$187K/job · 2019-07-01

Breakaway Prep Holdings LLC

Summit, NJ

$936,000

7(a)

TD Bank, National Association$187K/job · 2019-08-14

Provident Bank$32K/job · 2021-09-08

LEAR HOLDING COMPANY LLC

Summit, NJ

$725,000

7(a)

Bank of America, National Association$363K/job · 1999-05-21

Summit Ave Liquors Corp

Summit, NJ

$725,000

7(a)

BCB Community Bank$60K/job · 2017-04-19

BULL N BEAR BREWERY LLC

Summit, NJ

$664,000

7(a)

United Community Bank$83K/job · 2019-09-20

Wells Fargo Bank National Association$41K/job · 2017-03-06

1–25 of 129

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