SBA Loans for Software Publishers in New Jersey: Top Lenders
NAICS 511NAICS 511 covers software publishers businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
3
in New Jersey
Median Loan Size
$85,900
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 511 covers software publishers businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $85,900.
Key trends & insights
- Software Publishers in New Jersey lending is concentrated — Bayfirst National Bank, TD Bank, National Association, Jpmorgan Chase Bank, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Bayfirst National Bank leads this industry with 1 approvals (33% market share) and a median loan of $85,900.
- Software Publishers in New Jersey loans skew smaller than the SBA average at $85,900 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 2023-08-15 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Software Publishers in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $85,900 | |
| 2 | 1 | $50,000 | |
| 3 | 1 | $100,000 |
Recent SBA 7(a) approvals for Software Publishers in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | BayFirst National Bank | Adv*****LLC | UNION CITY, NJ | $85,900 |
| 2022-10 | TD Bank, National Association | Mic*****Inc | TEANECK, NJ | $50,000 |
| 2020-01 | JPMorgan Chase Bank, National Association | Hid*****LLC | LEBANON, NJ | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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