SBA Loans for Other Commercial and Service Industry Machinery Manufacturing in New Jersey: Top Lenders
NAICS 333NAICS 333 covers other commercial and service industry machinery manufacturing businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
9
in New Jersey
Median Loan Size
$850,000
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 333 covers other commercial and service industry machinery manufacturing businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $850,000.
Key trends & insights
- Other Commercial and Service Industry Machinery Manufacturing in New Jersey lending is concentrated — Manufacturers AND Traders Trust Company, Newtek Bank, National Association, Meridian Bank together account for 67% 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 (22% market share) and a median loan of $500,000.
- Other Commercial and Service Industry Machinery Manufacturing in New Jersey loans run larger than the SBA average — a $850,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-08-08 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Other Commercial and Service Industry Machinery Manufacturing in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $500,000 | |
| 2 | 2 | $675,000 | |
| 3 | 2 | $2,557,500 | |
| 4 | 1 | $891,000 | |
| 5 | 1 | $1,179,000 | |
| 6 | 1 | $5,000,000 |
Recent SBA 7(a) approvals for Other Commercial and Service Industry Machinery Manufacturing in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | Manufacturers and Traders Trust Company | R. *****LLC | KENILWORTH, NJ | $750,000 |
| 2024-08 | Manufacturers and Traders Trust Company | R. *****LLC | KENILWORTH, NJ | $250,000 |
| 2024-04 | Newtek Bank, National Association | THE*****LLC | Edgewater, NJ | $500,000 |
| 2024-03 | Newtek Bank, National Association | THE*****LLC | Edgewater, NJ | $850,000 |
| 2022-12 | TD Bank, National Association | Pro*****rp. | NEW BRUNSWICK, NJ | $5,000,000 |
| 2022-06 | Meridian Bank | A.J*****NC. | CRANFORD, NJ | $345,000 |
| 2022-06 | Meridian Bank | JAN****INC | CRANFORD, NJ | $4,770,000 |
| 2021-02 | Customers Bank | AAM****LLC | Kenilworth, NJ | $891,000 |
| 2020-04 | TD Bank, National Association | Pro*****rp. | NEW BRUNSWICK, NJ | $5,000,000 |
| 2019-11 | FinWise Bank | Iss*****der | Plainfield, NJ | $1,179,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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