SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in New Jersey: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
62
in New Jersey
Median Loan Size
$190,000
per approval
Recent Activity
9
last 90 days through Dec 2025
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 62 approvals on record and a median loan size of $190,000.
Key trends & insights
- TD Bank, National Association leads this industry with 14 approvals (26% market share) and a median loan of $75,000.
- Industrial Machinery and Equipment Merchant Wholesalers in New Jersey loans skew smaller than the SBA average at $190,000 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 Industrial Machinery and Equipment Merchant Wholesalers in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 14 | $75,000 | |
| 2 | 5 | $80,000 | |
| 3 | 5 | $700,000 | |
| 4 | 3 | $15,000 | |
| 5 | 3 | $500,000 | |
| 6 | 3 | $180,000 | |
| 7 | 2 | $37,000 | |
| 8 | 2 | $2,750,000 | |
| 9 | 2 | $1,162,500 | |
| 10 | 2 | $200,000 | |
| 11 | 2 | $2,100,000 | |
| 12 | 2 | $150,000 | |
| 13 | 1 | $150,000 | |
| 14 | 1 | $350,000 | |
| 15 | 1 | $150,000 | |
| 16 | 1 | $531,000 | |
| 17 | 1 | $520,000 | |
| 18 | 1 | $200,000 | |
| 19 | 1 | $268,000 | |
| 20 | 1 | $150,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Bancorp Bank National Association | Mut*****ted | Lawrence Township, NJ | $1,199,000 |
| 2025-12 | First Bank of the Lake | D'm*****LLC | DEMAREST, NJ | $150,000 |
| 2025-12 | The Bancorp Bank National Association | Mut*****ted | Lawrence Township, NJ | $150,000 |
| 2025-12 | TD Bank, National Association | Aur*****LLC | EAST BRUNSWICK, NJ | $40,000 |
| 2025-11 | The Huntington National Bank | Bla*****LLC | FORKED RIVER, NJ | $997,000 |
| 2025-11 | The Huntington National Bank | Bla*****LLC | FORKED RIVER, NJ | $300,000 |
| 2025-11 | Newtek Bank, National Association | HNS*****LLC | Princeton, NJ | $200,000 |
| 2025-11 | The Huntington National Bank | Bla*****LLC | FORKED RIVER, NJ | $997,000 |
| 2025-11 | TD Bank, National Association | KEK*****INC | NORTH BERGEN, NJ | $250,000 |
| 2025-11 | Financial Resources Federal Credit Union | SND*****LLC | RAHWAY, NJ | $1,000,000 |
| 2025-11 | Trenton Business Assistance Corporation | PJP*****LLC | Saddle Brook, NJ | $150,000 |
| 2025-09 | Manufacturers and Traders Trust Company | ALL*****INC | EAST BRUNSWICK, NJ | $24,000 |
| 2025-09 | Northeast Bank | Rog*****ney | Hardwick Township, NJ | $350,000 |
| 2025-08 | TD Bank, National Association | FIN*****LLC | FREEHOLD, NJ | $100,000 |
| 2025-08 | Readycap Lending, LLC | Mai*****rp. | HACKENSACK, NJ | $2,145,000 |
| 2025-08 | FinWise Bank | Nat*****nc. | Linden, NJ | $700,000 |
| 2025-08 | Manufacturers and Traders Trust Company | PER*****ANY | WESTAMPTON, NJ | $85,000 |
| 2025-08 | TD Bank, National Association | Sou*****LLC | JERSEY CITY, NJ | $200,000 |
| 2025-07 | Manufacturers and Traders Trust Company | GMS*****INC | NEW MILFORD, NJ | $100,000 |
| 2025-07 | Manufacturers and Traders Trust Company | GMS*****INC | NEW MILFORD, NJ | $150,000 |
| 2025-07 | Live Oak Banking Company | Mar*****nc. | TINTON FALLS, NJ | $5,000,000 |
| 2025-07 | Colony Bank | All*****rp. | Passaic, NJ | $150,000 |
| 2025-07 | TD Bank, National Association | Hap*****LLC | TOMS RIVER, NJ | $10,000 |
| 2025-07 | Manufacturers and Traders Trust Company | RK *****Inc | ISELIN, NJ | $100,000 |
| 2025-07 | JPMorgan Chase Bank, National Association | HOM*****LLC | DEAL, NJ | $450,000 |
| 2025-06 | TD Bank, National Association | GSI*****LLC | ATCO, NJ | $25,000 |
| 2025-06 | Live Oak Banking Company | Blo*****Inc | PENNSAUKEN, NJ | $5,000,000 |
| 2025-06 | FinWise Bank | Bes*****LLC | Mahwah, NJ | $350,000 |
| 2025-06 | Wells Fargo Bank National Association | Mar*****nc. | TRENTON, NJ | $799,500 |
| 2025-06 | TD Bank, National Association | RIC*****LLC | HACKENSACK, NJ | $250,000 |
| 2025-05 | TD Bank, National Association | Are*****LLC | SPARTA, NJ | $25,000 |
| 2025-04 | TD Bank, National Association | D&S*****Inc | JERSEY CITY, NJ | $250,000 |
| 2025-04 | TD Bank, National Association | LR *****Inc | LAKEWOOD, NJ | $240,500 |
| 2025-04 | Wells Fargo Bank National Association | INN*****LLC | LAWRENCE TOWNSHIP, NJ | $25,000 |
| 2025-04 | Manufacturers and Traders Trust Company | Flo*****LLC | BRICK, NJ | $100,000 |
| 2025-04 | Northeast Bank | Rom*****LLC | Manalapan, NJ | $245,000 |
| 2025-04 | Northeast Bank | Cit*****LLC | Newark, NJ | $500,000 |
| 2025-04 | Northeast Bank | HNS*****LLC | Princeton, NJ | $500,000 |
| 2025-03 | Ponce Bank National Association | Jig*****ion | Paramus, NJ | $733,500 |
| 2025-03 | Manufacturers and Traders Trust Company | D&S*****Inc | JERSEY CITY, NJ | $200,000 |
| 2025-03 | Manufacturers and Traders Trust Company | INT*****LLC | TOMS RIVER, NJ | $60,000 |
| 2025-03 | Celtic Bank Corporation | FRI*****LLC | SUMMIT, NJ | $150,000 |
| 2025-02 | Manufacturers and Traders Trust Company | Tra*****LLC | EWING, NJ | $35,000 |
| 2025-02 | First Bank | 225*****.C. | Pennsauken, NJ | $1,580,000 |
| 2025-02 | TD Bank, National Association | MYT*****LLC | LAKEWOOD, NJ | $250,000 |
| 2025-02 | Newtek Bank, National Association | TAN*****NC. | Rahway, NJ | $250,000 |
| 2025-02 | BayFirst National Bank | UNI*****LLC | TOMS RIVER, NJ | $150,000 |
| 2025-02 | TD Bank, National Association | MNC*****LLC | WAYNE, NJ | $25,000 |
| 2025-02 | JPMorgan Chase Bank, National Association | JMD*****LLC | FAIRFIELD, NJ | $395,000 |
| 2025-01 | Bank of America, National Association | G &*****LLC | CAMDEN, NJ | $900,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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