SBA Loans for Other Commercial and Service Industry Machinery Manufacturing in New Jersey: Top Lenders

NAICS 333

NAICS 333 covers other commercial and service industry machinery manufacturing businesses in New Jersey. Based on historical SBA 7(a) lending data.

Total Approvals

9

in New Jersey

Median Loan Size

$850,000

per approval

Recent Activity

0

last 90 days through Aug 2024

NAICS 333 covers other commercial and service industry machinery manufacturing businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $850,000.

Key trends & insights

  • Other Commercial and Service Industry Machinery Manufacturing in New Jersey lending is concentrated — Manufacturers AND Traders Trust Company, Newtek Bank, National Association, Meridian Bank together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Manufacturers AND Traders Trust Company leads this industry with 2 approvals (22% market share) and a median loan of $500,000.
  • Other Commercial and Service Industry Machinery Manufacturing in New Jersey loans run larger than the SBA average — a $850,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2024-08-08 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Other Commercial and Service Industry Machinery Manufacturing in New Jersey

#LenderApprovalsMedian Size
12$500,000
22$675,000
32$2,557,500
41$891,000
51$1,179,000
61$5,000,000

Recent SBA 7(a) approvals for Other Commercial and Service Industry Machinery Manufacturing in New Jersey

MonthLenderBorrowerAmount
2024-08Manufacturers and Traders Trust CompanyR. *****LLC$750,000
2024-08Manufacturers and Traders Trust CompanyR. *****LLC$250,000
2024-04Newtek Bank, National AssociationTHE*****LLC$500,000
2024-03Newtek Bank, National AssociationTHE*****LLC$850,000
2022-12TD Bank, National AssociationPro*****rp.$5,000,000
2022-06Meridian BankA.J*****NC.$345,000
2022-06Meridian BankJAN****INC$4,770,000
2021-02Customers BankAAM****LLC$891,000
2020-04TD Bank, National AssociationPro*****rp.$5,000,000
2019-11FinWise BankIss*****der$1,179,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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