SBA Loans for NAICS 517 in New Jersey: Top Lenders
NAICS 517NAICS 517 covers wireless telecommunications carriers (except satellite) businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
2
in New Jersey
Median Loan Size
$175,000
per approval
Recent Activity
0
last 90 days through Feb 2023
NAICS 517 covers wireless telecommunications carriers (except satellite) businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $175,000.
Key trends & insights
- NAICS 517 in New Jersey loans skew smaller than the SBA average at $175,000 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 2023-02-27 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for NAICS 517 in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $250,000 | |
| 2 | 1 | $100,000 |
Recent SBA 7(a) approvals for NAICS 517 in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-02 | TD Bank, National Association | 710*****Inc | ELIZABETH, NJ | $100,000 |
| 2021-11 | First Bank | Hel*****nc. | Kearny, NJ | $250,000 |
| 2021-07 | Customers Bank | DBL*****nc. | Neptune, NJ | $872,000 |
| 2021-07 | Customers Bank | DBL*****nc. | Neptune, NJ | $200,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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