SBA Loans for Sewing in New Jersey: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
7
in New Jersey
Median Loan Size
$30,000
per approval
Recent Activity
0
last 90 days through Feb 2023
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 7 approvals on record and a median loan size of $30,000.
Key trends & insights
- Sewing in New Jersey lending is concentrated — TD Bank, National Association, Provident Bank, Cross River Bank together account for 71% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 3 approvals (43% market share) and a median loan of $25,000.
- Sewing in New Jersey loans skew smaller than the SBA average at $30,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2023-02-09 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $25,000 | |
| 2 | 1 | $400,000 | |
| 3 | 1 | $4,376,000 | |
| 4 | 1 | $15,000 | |
| 5 | 1 | $415,500 |
Recent SBA 7(a) approvals for Sewing in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-02 | TD Bank, National Association | NER*****LLC | EGG HARBOR TOWNSHIP, NJ | $30,000 |
| 2022-05 | Wells Fargo Bank National Association | CAH*****LLC | OCEAN, NJ | $15,000 |
| 2022-01 | TD Bank, National Association | DAK*****ANY | OCEAN CITY, NJ | $25,000 |
| 2021-12 | Provident Bank | Out*****Inc | ANDOVER, NJ | $400,000 |
| 2021-05 | TD Bank, National Association | Nat*****rp. | Budd Lake, NJ | $25,000 |
| 2021-02 | Wilmington Savings Fund Society FSB | Sho*****rts | HAMMONTON, NJ | $415,500 |
| 2021-02 | Evolve Bank and Trust | Vid*****LLC | GLASSBORO, NJ | $445,300 |
| 2020-07 | Cross River Bank | Sti*****LLC | LAKEWOOD, NJ | $4,376,000 |
| 2020-02 | Meridian Bank | TD *****LLC | Egg Harbor Township, NJ | $5,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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