Cross River Bank: SBA Lending Activity & Industry Focus
Based on historical SBA 7(a) lending data.
Total Approvals
26
by Cross River Bank
Total Volume
$48,385,000
approved amount
Median Loan Size
$1,442,850
per approval
Recent Activity
2
last 90 days through Aug 2025
Cross River Bank is a regional lender primarily serving New York, New Jersey, Florida lending across 17 different industries. With 26 SBA 7(a) approvals and a typical loan size of $1,442,850, their lending data provides a detailed picture of where and how they deploy SBA capital.
What you should know
Key insights derived from Cross River Bank's SBA 7(a) lending history
Sweet spot: $1M–$5M loans
59% of Cross River Bank's SBA loans fall in the $1M–$5M range. Their typical loan (median) is $1,338,500, with the middle 50% of loans between $350,000 and $2,495,000. If your loan request is in this range, you may see a faster, smoother process.
Regional focus: New York, New Jersey, Florida
Cross River Bank concentrates their SBA lending in 7 states, with 81% of activity in New York (38%), New Jersey (27%), Florida (15%). Regional lenders often have strong local relationships and may offer more competitive terms in their core markets.
Declining SBA activity
Cross River Bank's SBA lending has slowed recently — 7 approvals in the last 6 months vs. 10 in the prior period (-30%). This could reflect tighter credit standards, strategic shifts, or seasonal variation.
Larger-than-average loan sizes
Cross River Bank's median loan of $1,442,850 is significantly above the SBA 7(a) average. This suggests they're comfortable with larger deals — good news if you need substantial financing, but they may have higher minimum loan amounts.
Smaller SBA program
Cross River Bank has 26 SBA 7(a) approvals. Their smaller volume may mean longer processing times, but could also mean more personalized attention for borrowers.
Diversified: 17 industries served
Cross River Bank lends across 17 different industry sectors with no single industry dominating. This broad experience means they can likely evaluate most business types, though they may not have deep expertise in any specific niche.
Lending trends for Cross River Bank
Loan size distribution
Based on 29 SBA 7(a) approvals
Summary
Median (50th percentile)
$1,338,500
25th percentile
$350,000
75th percentile
$2,495,000
Average
$1,738,741
Typical range
State-by-state lending activity
| # | State | Approvals |
|---|---|---|
| 1 | New York | 10 |
| 2 | New Jersey | 7 |
| 3 | Florida | 4 |
| 4 | Michigan | 2 |
| 5 | Connecticut | 1 |
| 6 | Texas | 1 |
| 7 | California | 1 |
Cross River Bank by industry
Industry focus
Recent SBA 7(a) approvals by Cross River Bank
| Month | Borrower | Location | Industry | Amount |
|---|---|---|---|---|
| 2025-08 | Ina*****LLC | Garden City, NY | Full-Service Restaurants | $1,000,000 |
| 2025-06 | Coc*****LLC | LAKEWOOD, NJ | Child Day Care Services | $350,000 |
| 2025-02 | Cle*****LLC | LINDEN, NJ | Soap and Other Detergent Manufacturing | $3,960,000 |
| 2024-01 | V &*****nc. | FORT MYERS, FL | Highway, Street, and Bridge Construction | $400,000 |
| 2023-11 | Orl*****LLC | Orlando, FL | Site Preparation Contractors | $5,000,000 |
| 2023-08 | SUN*****NC. | PATERSON, NJ | Other Snack Food Manufacturing | $350,000 |
| 2023-08 | 208*****LLC | New Windsor, NY | Other Construction Material Merchant Wholesalers | $1,338,500 |
| 2022-12 | Sia*****LLC | ISLAND PARK, NY | Funeral Homes and Funeral Services | $350,000 |
| 2022-12 | Sia*****LLC | ISLAND PARK, NY | Funeral Homes and Funeral Services | $1,734,600 |
| 2022-12 | Fab*****nc. | NYACK, NY | — | $350,000 |
| 2022-10 | Asc*****LLC | HOUSTON, TX | Computer Systems Design Services | $350,000 |
| 2022-06 | Tim*****LLC | STURGIS, MI | Electronic Shopping and Mail-Order Houses | $1,000,000 |
| 2022-06 | Tim*****LLC | STURGIS, MI | Electronic Shopping and Mail-Order Houses | $2,000,000 |
| 2022-02 | Cor*****Inc | Toms River, NJ | — | $2,495,000 |
| 2022-02 | 70 *****LLC | Woodbridge, CT | Meat and Meat Product Merchant Wholesalers | $2,533,200 |
| 2022-01 | Cat*****LLC | Water Mill, NY | All Other Personal Services | $1,891,500 |
| 2021-10 | Exp*****LLC | HOLLYWOOD, FL | Plumbing, Heating, and Air-Conditioning Contractors | $3,852,000 |
| 2021-08 | YRM*****INC | HIGHLAND MILLS, NY | Glass and Glazing Contractors | $604,000 |
| 2021-06 | MON*****NC. | MONROE, NY | Other Business Service Centers (including Copy Shops) | $1,385,700 |
| 2021-05 | Dia*****nc. | SAN FRANCISCO, CA | Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler | $1,000,000 |
| 2021-05 | Joh*****nc. | HOMESTEAD, FL | Septic Tank and Related Services | $2,287,000 |
| 2021-04 | YNF*****NC. | BROOKLYN, NY | Other Direct Selling Establishments | $350,000 |
| 2021-02 | LTC*****INC | OCEANSIDE, NY | — | $350,000 |
| 2021-02 | Hig*****her | HIGHLAND PARK, NJ | Supermarkets and Other Grocery (except Convenience) Stores | $1,500,000 |
| 2021-01 | M&T*****inc | POMONA, NY | Other Building Equipment Contractors | $1,226,000 |
| 2020-08 | Agr*****nc. | KENILWORTH, NJ | All Other Miscellaneous Manufacturing | $5,000,000 |
| 2020-07 | Sti*****LLC | LAKEWOOD, NJ | Sewing, Needlework, and Piece Goods Stores | $4,376,000 |
| 2020-06 | Joh*****nc. | RINGWOOD, NJ | Septic Tank and Related Services | $3,040,000 |
| 2020-01 | On-*****nc. | MONROE, NY | Other Computer Related Services | $350,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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