SBA Loans for Medicinal and Botanical Manufacturing in New Jersey: Top Lenders
NAICS 325NAICS 325 covers medicinal and botanical manufacturing businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
8
in New Jersey
Median Loan Size
$225,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $225,000.
Key trends & insights
- Medicinal and Botanical Manufacturing in New Jersey lending is concentrated — Manufacturers AND Traders Trust Company, TD Bank, National Association, Bayfirst National Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 2 approvals (25% market share) and a median loan of $225,000.
- Medicinal and Botanical Manufacturing in New Jersey loans skew smaller than the SBA average at $225,000 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 2025-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Medicinal and Botanical Manufacturing in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $225,000 | |
| 2 | 1 | $35,000 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $3,100,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $500,000 | |
| 7 | 1 | $3,960,000 |
Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Cross River Bank | Cle*****LLC | LINDEN, NJ | $3,960,000 |
| 2023-08 | Colony Bank | LIF*****LLC | JERSEY CITY, NJ | $100,000 |
| 2023-06 | Bank of America, National Association | Che*****LLC | WHIPPANY, NJ | $500,000 |
| 2023-05 | BayFirst National Bank | Inn*****LLC | PENNSAUKEN, NJ | $150,000 |
| 2023-04 | Financial Resources Federal Credit Union | Eve*****LLC | PLAINSBORO, NJ | $3,100,000 |
| 2022-08 | Manufacturers and Traders Trust Company | Dur*****nc. | CRANBURY, NJ | $250,000 |
| 2022-08 | Manufacturers and Traders Trust Company | Dur*****nc. | CRANBURY, NJ | $200,000 |
| 2022-06 | TD Bank, National Association | Gen*****LLC | MONROE TOWNSHIP, NJ | $35,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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