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County20th of 21 in New Jersey by approvalsFIPS 34011
SBA loans in Cumberland County, New Jersey
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 95 loans to businesses in Cumberland County, New Jersey, in FY2021 to FY2025, worth $77.1M: 88 under 7(a) and 7 under 504.
That is 33.6 approvals per 1,000 business establishments (2,826 establishments in 2023), below the New Jersey figure of 46.8 and below the national 41.0.
It ranks 20th of 21 New Jersey counties with approvals. In FY2025 there were 17, about level with FY2024.
31 lenders had approvals here; the most active were TD Bank, National Association (31), Trenton Business Assistance Corporation (7) and Meridian Bank (5). The most common industry was glass and glass product manufacturing.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Cumberland County
By number of approvals to businesses in the county, FY2021–FY2025; 31 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 31 | $6.2M | 32.6% | |
| 2 | Trenton Business Assistance CorporationPrinceton, NJ · CDC | 7 | $19.5M | 7.4% | |
| 3 | Meridian BankMalvern, PA | 5 | $3.6M | 5.3% | |
| 4 | Northeast BankLewiston, ME | 5 | $338K | 5.3% | |
| 5 | Fulton Bank, National AssociationLancaster, PA | 4 | $4.8M | 4.2% | |
| 6 | Financial Resources Federal Credit UnionBranchburg, NJ | 3 | $4.7M | 3.2% | |
| 7 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $4.3M | 3.2% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 3 | $3.9M | 3.2% | |
| 9 | Manufacturers and Traders Trust CompanyBuffalo, NY | 3 | $182K | 3.2% | |
| 10 | PNC Bank, National AssociationWilmington, DE | 3 | $170K | 3.2% | |
| 11 | Hanover Community BankMineola, NY | 2 | — | 2.1% | |
| 12 | First BankSouthern Pines, NC | 2 | — | 2.1% | |
| 13 | Wilmington Savings Fund Society FSBWilmington, DE | 2 | — | 2.1% | |
| 14 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 2.1% | |
| 15 | Provident BankJersey City, NJ | 2 | — | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Glass and Glass Product ManufacturingNAICS 3272 | 11 | 11.6% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 4.2% | |
| 3 | Automobile DealersNAICS 4411 | 4 | 4.2% | |
| 4 | General Freight TruckingNAICS 4841 | 4 | 4.2% | |
| 5 | Lessors of Real EstateNAICS 5311 | 3 | 3.2% | |
| 6 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 3.2% | |
| 7 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 3.2% | |
| 8 | Child Day Care ServicesNAICS 6244 | 3 | 3.2% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 3.2% | |
| 10 | Traveler AccommodationNAICS 7211 | 2 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 23 | 24.2% | |
| 2 | Other Services (except Public Administration) | 10 | 10.5% | |
| 3 | Construction | 9 | 9.5% | |
| 4 | Retail Trade | 9 | 9.5% | |
| 5 | Transportation and Warehousing | 8 | 8.4% | |
| 6 | Health Care and Social Assistance | 7 | 7.4% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 7 | 7.4% | |
| 8 | Accommodation and Food Services | 5 | 5.3% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 11 | $5.5M | $250K | 1 | — | 12 | 146 |
| FY2025 | 17 | $5.1M | $100K | 0 | — | 17 | 130 |
| FY2024 | 15 | $5.0M | $58K | 1 | — | 16 | 147 |
| FY2023 | 23 | $11.7M | $350K | 0 | — | 23 | 124 |
| FY2022 | 12 | $10.4M | $151K | 1 | — | 13 | 135 |
| FY2021 | 21 | $25.4M | $563K | 5 | $17.1M | 26 | 567 |
| FY2020 | 9 | $7.4M | $900K | 0 | — | 9 | 47 |
| FY2019 | 15 | $6.5M | $71K | 0 | — | 15 | 200 |
| FY2018 | 22 | $9.2M | $78K | 0 | — | 22 | 113 |
| FY2017 | 24 | $7.7M | $63K | 1 | — | 25 | 147 |
| FY2016 | 13 | $8.6M | $700K | 0 | — | 13 | 95 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 84 approvals.
Against New Jersey and the country
| FY2021–FY2025 | Cumberland County | New Jersey | United States |
|---|---|---|---|
| Approvals | 95 | 11,132 | 342,825 |
| Approvals per 1,000 establishments | 33.6 | 46.8 | 41.0 |
| Median 7(a) approval | $213K | $150K | $190K |
| Median 504 approval | $2.3M | $952K | $657K |
| Average approval | $812K | $508K | $573K |
| 504 share of approvals | 7.4% | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 11.6 | 9.2 | 10.5 |
| Share of state approvals | 0.9% | 100.0% | — |
Approval sizes
- $50,000 or less23.2%22
- $50,001 to $150,00018.9%18
- $150,001 to $350,00014.7%14
- $350,001 to $1 million16.8%16
- $1 million to $2 million13.7%13
- Over $2 million12.6%12
Age of the businesses
- Existing, more than 2 years old53.7%51
- New business, 2 years or less20.0%19
- Startup, loan funds will open the business12.6%12
- Change of ownership13.7%13
Questions and answers
Which lenders make the most SBA loans in Cumberland County?
By approvals in FY2021 to FY2025: TD Bank, National Association (31), Trenton Business Assistance Corporation (7), Meridian Bank (5), Northeast Bank (5), Fulton Bank, National Association (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Cumberland County?
The median 7(a) approval was $213K and the median 504 approval $2.3M; the New Jersey 7(a) median was $150K.
Which industries get the most SBA loans in Cumberland County?
Glass and Glass Product Manufacturing (11); Automotive Repair and Maintenance (4); Automobile Dealers (4); General Freight Trucking (4); Lessors of Real Estate (3).
Is SBA lending in Cumberland County rising?
Approvals in the three latest complete fiscal years total 56, against 48 in the three before: rising (+17%).
How does Cumberland County compare with the rest of New Jersey?
33.6 approvals per 1,000 establishments against 46.8 statewide, and 95 of the state's 11,132 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error