SBA Loans for Electrical Contractors in New Jersey: Top Lenders
NAICS 238NAICS 238 covers roofing contractors businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
177
in New Jersey
Median Loan Size
$100,000
per approval
Recent Activity
8
last 90 days through Nov 2025
NAICS 238 covers roofing contractors businesses. This is a moderately active sector for SBA 7(a) lending with 177 approvals and a median loan size of $100,000.
Key trends & insights
- Electrical Contractors in New Jersey lending is concentrated — TD Bank, National Association, Manufacturers AND Traders Trust Company, Jpmorgan Chase Bank, National Association together account for 61% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 61 approvals (39% market share) and a median loan of $60,800.
- Electrical Contractors in New Jersey loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 61 | $60,800 | |
| 2 | 24 | $67,500 | |
| 3 | 11 | $179,000 | |
| 4 | 7 | $350,000 | |
| 5 | 6 | $98,200 | |
| 6 | 6 | $52,000 | |
| 7 | 5 | $100,000 | |
| 8 | 4 | $375,000 | |
| 9 | 4 | $462,500 | |
| 10 | 4 | $860,000 | |
| 11 | 3 | $155,300 | |
| 12 | 3 | $274,000 | |
| 13 | 3 | $425,000 | |
| 14 | 3 | $564,500 | |
| 15 | 3 | $40,000 | |
| 16 | 2 | $425,000 | |
| 17 | 2 | $117,500 | |
| 18 | 2 | $87,500 | |
| 19 | 2 | $2,235,000 | |
| 20 | 2 | $680,000 |
Recent SBA 7(a) approvals for Electrical Contractors in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | First Savings Bank | Uni*****orp | PLAINFIELD, NJ | $1,661,000 |
| 2025-12 | Firstrust Savings Bank | COR*****ORP | PEDRICKTOWN, NJ | $150,000 |
| 2025-12 | Firstrust Savings Bank | COR*****ORP | PEDRICKTOWN, NJ | $1,060,000 |
| 2025-12 | Manufacturers and Traders Trust Company | FO****INC | MORGANVILLE, NJ | $110,000 |
| 2025-12 | TD Bank, National Association | Jir*****LLC | ROSELLE, NJ | $25,000 |
| 2025-11 | Readycap Lending, LLC | Car*****LLC | LAKEWOOD, NJ | $350,000 |
| 2025-11 | PNC Bank, National Association | 76S*****LLC | BERGENFIELD, NJ | $600,000 |
| 2025-11 | Readycap Lending, LLC | J.P*****LLC | Garfield, NJ | $50,000 |
| 2025-11 | Northeast Bank | SUP*****LLC | Deal, NJ | $180,700 |
| 2025-11 | JPMorgan Chase Bank, National Association | 457*****LLC | ROSELLE, NJ | $1,417,300 |
| 2025-11 | Manufacturers and Traders Trust Company | AJM*****LLC | NORTH ARLINGTON, NJ | $90,000 |
| 2025-11 | Provident Bank | M.C*****Inc | BAYVILLE, NJ | $500,000 |
| 2025-11 | TD Bank, National Association | RSB*****LLC | RAMSEY, NJ | $40,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Com*****LLC | MANAHAWKIN, NJ | $500,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Com*****LLC | MANAHAWKIN, NJ | $75,000 |
| 2025-11 | Columbia Bank | Pre*****LLC | FREEHOLD, NJ | $1,825,000 |
| 2025-11 | Meridian Bank | GS *****LLC | EGG HARBOR TOWNSHIP, NJ | $400,000 |
| 2025-11 | TD Bank, National Association | Hoe*****LLC | BRIDGETON, NJ | $250,000 |
| 2025-11 | TD Bank, National Association | Oz-*****LLC | GLASSBORO, NJ | $20,000 |
| 2025-11 | TD Bank, National Association | GPS*****ION | ORANGE, NJ | $230,000 |
| 2025-11 | TD Bank, National Association | D&E*****LLC | PITTSGROVE, NJ | $50,000 |
| 2025-11 | TD Bank, National Association | Tot*****LLC | CLAYTON, NJ | $24,000 |
| 2025-11 | TD Bank, National Association | MJB*****LLC | MULLICA HILL, NJ | $50,000 |
| 2025-11 | Manufacturers and Traders Trust Company | BRO*****LLC | BAYVILLE, NJ | $100,000 |
| 2025-11 | JPMorgan Chase Bank, National Association | Ar *****orp | WOOD RIDGE, NJ | $131,000 |
| 2025-11 | TD Bank, National Association | RMR*****LLC | LANOKA HARBOR, NJ | $105,000 |
| 2025-11 | TD Bank, National Association | HMD*****LLC | MILLSTONE TOWNSHIP, NJ | $250,000 |
| 2025-09 | TD Bank, National Association | SJ *****LLC | ABSECON, NJ | $250,000 |
| 2025-09 | Fulton Bank, National Association | MDR*****LLC | SEWELL, NJ | $500,000 |
| 2025-09 | Manasquan Bank | Way*****orp | LONG BRANCH, NJ | $500,000 |
| 2025-09 | Meridian Bank | L-M*****NC. | PENNSAUKEN, NJ | $250,000 |
| 2025-09 | Meridian Bank | L-M*****NC. | PENNSAUKEN, NJ | $2,650,000 |
| 2025-09 | Northeast Bank | CAV*****NC. | OLDWICK, NJ | $250,000 |
| 2025-09 | TD Bank, National Association | Don*****LLC | SHAMONG, NJ | $45,000 |
| 2025-09 | Santander Bank, National Association | AA *****LLC | TOMS RIVER, NJ | $100,000 |
| 2025-09 | Manufacturers and Traders Trust Company | Fen*****LLC | WAYNE, NJ | $78,900 |
| 2025-09 | Manufacturers and Traders Trust Company | Fen*****LLC | WAYNE, NJ | $50,000 |
| 2025-09 | FinWise Bank | R&R*****Inc | Howell, NJ | $350,000 |
| 2025-09 | TD Bank, National Association | P&C*****LLC | PARLIN, NJ | $25,000 |
| 2025-09 | First Bank | Gar*****nc. | Robbinsville, NJ | $3,500,000 |
| 2025-08 | TD Bank, National Association | AMJ*****LLC | WEST CALDWELL, NJ | $100,000 |
| 2025-08 | TD Bank, National Association | YAN*****INC | Ocean, NJ | $50,000 |
| 2025-08 | TD Bank, National Association | THE*****NC. | LYNDHURST, NJ | $250,000 |
| 2025-08 | Northeast Bank | MEN*****LLC | NEWTON, NJ | $254,300 |
| 2025-08 | JPMorgan Chase Bank, National Association | 134*****LLC | HACKENSACK, NJ | $675,000 |
| 2025-08 | TD Bank, National Association | Joh*****rp. | WALL TOWNSHIP, NJ | $50,000 |
| 2025-08 | Wells Fargo Bank National Association | OLD*****LLC | COLUMBIA, NJ | $1,355,600 |
| 2025-08 | TD Bank, National Association | Sta*****ted | NORTH BERGEN, NJ | $35,000 |
| 2025-08 | PNC Bank, National Association | Cro*****LLC | EAST HANOVER, NJ | $400,000 |
| 2025-08 | Celtic Bank Corporation | ROJ*****LLC | BRIDGEWATER, NJ | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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