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County16th of 21 in New Jersey by approvalsFIPS 34019
SBA loans in Hunterdon 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 179 loans to businesses in Hunterdon County, New Jersey, in FY2021 to FY2025, worth $92.8M: 170 under 7(a) and 9 under 504.
That is 48.7 approvals per 1,000 business establishments (3,672 establishments in 2023), close to the New Jersey figure of 46.8 and above the national 41.0.
It ranks 16th of 21 New Jersey counties with approvals. In FY2025 there were 38, up 23% on FY2024.
48 lenders had approvals here; the most active were TD Bank, National Association (40), Wells Fargo Bank National Association (13) and Live Oak Banking Company (10). The most common industry was restaurants and other eating places.
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 Hunterdon County
By number of approvals to businesses in the county, FY2021–FY2025; 48 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 40 | $2.9M | 22.3% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 13 | $7.4M | 7.3% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 10 | $11.3M | 5.6% | |
| 4 | Northeast BankLewiston, ME | 10 | $838K | 5.6% | |
| 5 | Fulton Bank, National AssociationLancaster, PA | 8 | $6.9M | 4.5% | |
| 6 | Unity BankClinton, NJ | 8 | $6.2M | 4.5% | |
| 7 | Manufacturers and Traders Trust CompanyBuffalo, NY | 8 | $1.2M | 4.5% | |
| 8 | Trenton Business Assistance CorporationPrinceton, NJ · CDC | 6 | $12.6M | 3.4% | |
| 9 | PNC Bank, National AssociationWilmington, DE | 6 | $1.2M | 3.4% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 5 | $747K | 2.8% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 5 | $675K | 2.8% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 5 | $535K | 2.8% | |
| 13 | Bank of America, National AssociationCharlotte, NC | 4 | $5.1M | 2.2% | |
| 14 | United Midwest Savings Bank National AssociationDe Graff, OH | 4 | $2.0M | 2.2% | |
| 15 | The Huntington National BankColumbus, OH | 4 | $1.7M | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 23 | 12.8% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 13 | 7.3% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 9 | 5.0% | |
| 4 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 8 | 4.5% | |
| 5 | Residential Building ConstructionNAICS 2361 | 7 | 3.9% | |
| 6 | Other Personal ServicesNAICS 8129 | 6 | 3.4% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 3.4% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 3.4% | |
| 9 | General Freight TruckingNAICS 4841 | 5 | 2.8% | |
| 10 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 5 | 2.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 28 | 15.6% | |
| 2 | Construction | 26 | 14.5% | |
| 3 | Professional, Scientific, and Technical Services | 25 | 14.0% | |
| 4 | Other Services (except Public Administration) | 17 | 9.5% | |
| 5 | Manufacturing | 16 | 8.9% | |
| 6 | Retail Trade | 15 | 8.4% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 15 | 8.4% | |
| 8 | Health Care and Social Assistance | 11 | 6.1% |
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* | 25 | $7.3M | $150K | 3 | $4.0M | 28 | 203 |
| FY2025 | 38 | $23.5M | $180K | 0 | — | 38 | 242 |
| FY2024 | 28 | $8.8M | $150K | 3 | $7.5M | 31 | 202 |
| FY2023 | 50 | $21.5M | $217K | 3 | $3.6M | 53 | 483 |
| FY2022 | 23 | $6.9M | $65K | 1 | — | 24 | 180 |
| FY2021 | 31 | $16.8M | $300K | 2 | — | 33 | 309 |
| FY2020 | 20 | $14.0M | $250K | 2 | — | 22 | 184 |
| FY2019 | 30 | $8.7M | $113K | 0 | — | 30 | 144 |
| FY2018 | 32 | $20.1M | $113K | 1 | — | 33 | 247 |
| FY2017 | 34 | $12.0M | $70K | 1 | — | 35 | 290 |
| FY2016 | 32 | $16.1M | $350K | 3 | $1.6M | 35 | 456 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 155 approvals.
Against New Jersey and the country
| FY2021–FY2025 | Hunterdon County | New Jersey | United States |
|---|---|---|---|
| Approvals | 179 | 11,132 | 342,825 |
| Approvals per 1,000 establishments | 48.7 | 46.8 | 41.0 |
| Median 7(a) approval | $150K | $150K | $190K |
| Median 504 approval | $964K | $952K | $657K |
| Average approval | $519K | $508K | $573K |
| 504 share of approvals | 5.0% | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 7.9 | 9.2 | 10.5 |
| Share of state approvals | 1.6% | 100.0% | — |
Approval sizes
- $50,000 or less29.1%52
- $50,001 to $150,00019.6%35
- $150,001 to $350,00011.7%21
- $350,001 to $1 million26.3%47
- $1 million to $2 million8.4%15
- Over $2 million5.0%9
Age of the businesses
- Existing, more than 2 years old51.4%92
- New business, 2 years or less25.7%46
- Startup, loan funds will open the business10.6%19
- Change of ownership11.7%21
- Not answered0.6%1
Questions and answers
Which lenders make the most SBA loans in Hunterdon County?
By approvals in FY2021 to FY2025: TD Bank, National Association (40), Wells Fargo Bank National Association (13), Live Oak Banking Company (10), Northeast Bank (10), Fulton Bank, National Association (8). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Hunterdon County?
The median 7(a) approval was $150K and the median 504 approval $964K; the New Jersey 7(a) median was $150K.
Which industries get the most SBA loans in Hunterdon County?
Restaurants and Other Eating Places (23); Services to Buildings and Dwellings (13); Other Specialty Trade Contractors (9); Other Professional, Scientific, and Technical Services (8); Residential Building Construction (7).
Is SBA lending in Hunterdon County rising?
Approvals in the three latest complete fiscal years total 122, against 79 in the three before: rising (+54%).
How does Hunterdon County compare with the rest of New Jersey?
48.7 approvals per 1,000 establishments against 46.8 statewide, and 179 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