SBA Loans for Nursery and Tree Production in New Jersey: Top Lenders

NAICS 111

NAICS 111 covers nursery and tree production businesses in New Jersey. Based on historical SBA 7(a) lending data.

Total Approvals

4

in New Jersey

Median Loan Size

$50,500

per approval

Recent Activity

0

last 90 days through May 2024

NAICS 111 covers nursery and tree production businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $50,500.

Key trends & insights

  • Nursery and Tree Production in New Jersey lending is concentrated — Readycap Lending, LLC, Unity Bank, Fulton Bank, National Association together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Readycap Lending, LLC leads this industry with 1 approvals (25% market share) and a median loan of $50,000.
  • Nursery and Tree Production in New Jersey loans skew smaller than the SBA average at $50,500 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 2024-05-24 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Nursery and Tree Production in New Jersey

#LenderApprovalsMedian Size
11$50,000
21$1,000,000
31$15,000
41$51,000

Recent SBA 7(a) approvals for Nursery and Tree Production in New Jersey

MonthLenderBorrowerAmount
2024-05Celtic Bank CorporationWAL*****ARM$51,000
2024-04Readycap Lending, LLCWal*****arm$50,000
2022-04TD Bank, National AssociationNOR*****LLC$30,000
2021-08Unity BankSto*****LLC$1,000,000
2020-02Fulton Bank, National AssociationChr*****nch$15,000

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

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