TD Bank tops SBA lenders in New Jersey rankings

NJBIZ STAFF//May 6, 2026//

Small business

PHOTO: DEPOSIT PHOTOS

Small business

PHOTO: DEPOSIT PHOTOS

TD Bank tops SBA lenders in New Jersey rankings

NJBIZ STAFF//May 6, 2026//

Listen to this article

The latest NJBIZ Leads & Data list ranks 25 lenders based on the total number of loans in New Jersey. 

, founded in 1852 and headquartered in Mount Laurel, held the top position. The bank issued 208 loans totaling more than $49 million, with an average loan size of $235,755. 

Founded in 1856, Amherst, N.Y.-based Manufacturers & Traders Trust (M&T Bank) ranked second. The bank closed 157 loans totaling $15.75 million. 

Newtek Bank, located in Miami, Fla., took the third spot. Newtek processed 105 loans for a total of $27 million. Northeast Bank, based in Lewiston, Maine, ranked fourth with 81 loans totaling $15.9 million. 

Wilmington, N.C.-headquartered Live Oak Banking Co. rounded out the top five, recording 48 loans with an average loan size of $889,750. Live Oak produced a total of $42.7 million — the second-highest total in the rankings. 

Additional New Jersey-based institutions on the list are:  

  • No. 9: Readycap Lending LLC  – New Providence
  • No. 11: Fulton Bank – Mount Laurel
  • No. 14: Provident Bank – Jersey City
  • No. 15: Regional Business Assistance Corp. – Mercerville
  • No. 17: Financial Resources Federal Credit Union – Branchburg
  • No. 19: PNC Bank – East Brunswick
  • No. 19 Wells Fargo Bank – Summit
  • No. 25: Magyar Bank – New Brunswick
  • No. 25: Peapack Private Bank & Trust – Bedminster

Additional lists

Provident Bank is the Premium Publication Sponsor of NJBIZ’s 2026 Book of Lists. EisnerAmper is the Banking, Finance & Insurance Category Sponsor.

Go to the NJBIZ Leads & Data Center to download the complete Small Business Administration Lenders list or any other NJBIZ list. Subscribe to NJBIZ’s Leads & Data to gain year-round access to the data from . 

Claude.ai assisted with the creation of this article based on NJBIZ data.