SBA Loans for Data Processing in New Jersey: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
1
in New Jersey
Median Loan Size
$150,000
per approval
Recent Activity
0
last 90 days through Nov 2023
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $150,000.
Key trends & insights
- Data Processing in New Jersey loans skew smaller than the SBA average at $150,000 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 2023-11-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Data Processing in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $150,000 |
Recent SBA 7(a) approvals for Data Processing in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Financial Resources Federal Credit Union | Tec*****ion | BRANCHBURG, NJ | $4,880,000 |
| 2025-03 | Northeast Bank | 24S*****Inc | Piscataway, NJ | $250,000 |
| 2024-12 | Manufacturers and Traders Trust Company | Clo*****nc. | PISCATAWAY, NJ | $250,000 |
| 2024-05 | Northeast Bank | HIG*****LLC | OLD TAPPAN, NJ | $201,500 |
| 2024-03 | BayFirst National Bank | AAR*****INC | EAST BRUNSWICK, NJ | $72,000 |
| 2023-11 | Northeast Bank | HIG*****LLC | OLD TAPPAN, NJ | $150,000 |
| 2023-09 | Northeast Bank | Sig*****Inc | WEST ORANGE, NJ | $50,000 |
| 2022-11 | Meridian Bank | 4M *****LLC | BOUND BROOK, NJ | $1,560,000 |
| 2022-11 | Meridian Bank | 4M *****LLC | BOUND BROOK, NJ | $150,000 |
| 2022-11 | Meridian Bank | 4M *****LLC | BOUND BROOK, NJ | $150,000 |
| 2022-11 | Meridian Bank | 4M *****LLC | BOUND BROOK, NJ | $1,560,000 |
| 2021-10 | Newtek Small Business Finance, Inc. | CTS*****NC. | FRANKLIN PARK, NJ | $250,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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