Though the move will be made official at Tuesday's boarding meeting– an hour after applications go live – groups are able, and encouraged, to apply at 9 a.m.

But, New Jersey wasn't far off from the highest-ranking states on the list.

Government-mandated business shutdowns are aimed at limiting the spread of COVID-19, but there’s a side effect: A slew of bankruptcies across a swath of industries. Experts say, though, that some businesses can stay afloat during the crisis if they take steps to trim expenses and are flexible about their operating model.

New Jersey banks keep lending despite the pandemic.

For the second funding wave, New Jersey ranks sixth in the nation in loans awarded and fifth overall in money received.

The Princeton private equity firm also led a new $15 million investment round for the buyer.

Greg Macfarlane comes to the role from Casper Sleep Inc., where he most recently served as chief operating and financial officer.

“Our strong focus on talent development and mobility is critical to our success as a team and it is more important than ever to have dedicated, experienced leaders ... who truly understand the peace of mind our products bring our customers during times of crisis and market volatility," said Head of Investment and Pension Solutions Scott Gaul.

Theresa Hinton takes over for retiring Ellen McSherry, who served in the role since 1991.

The deal would create the state’s third-largest headquartered bank.

John Fitzgerald, the president and CEO of Magyar Bank, will serve as first vice chairman and Christopher Maher, chairman, president and CEO of OceanFirst Bank, will be second vice chairman.

The Wayne-based institution was one of 50 to make the S&P Global Intelligence list.