SBA Loans for NAICS 532 in New Jersey: Top Lenders
NAICS 532NAICS 532 covers passenger car rental businesses in New Jersey. Based on historical SBA 7(a) lending data.
Total Approvals
12
in New Jersey
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 532 covers passenger car rental businesses. This is a smaller category in SBA 7(a) lending with 12 approvals on record and a median loan size of $100,000.
Key trends & insights
- NAICS 532 in New Jersey lending is concentrated — Meridian Bank, Manufacturers AND Traders Trust Company, TD Bank, National Association together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Meridian Bank leads this industry with 2 approvals (17% market share) and a median loan of $964,000.
- NAICS 532 in New Jersey loans skew smaller than the SBA average at $100,000 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 NAICS 532 in New Jersey
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $964,000 | |
| 2 | 2 | $20,500 | |
| 3 | 2 | $25,000 | |
| 4 | 1 | $50,000 | |
| 5 | 1 | $1,837,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $298,000 | |
| 8 | 1 | $10,000 | |
| 9 | 1 | $150,000 |
Recent SBA 7(a) approvals for NAICS 532 in New Jersey
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | BayFirst National Bank | Ann*****als | MORGANVILLE, NJ | $150,000 |
| 2024-11 | Newtek Bank, National Association | Sca*****LLC | HILLSBOROUGH, NJ | $150,000 |
| 2024-11 | Northeast Bank | Bou*****Mom | Whippany, NJ | $10,000 |
| 2024-08 | TD Bank, National Association | BRI*****LLC | EAST ORANGE, NJ | $25,000 |
| 2024-07 | Newtek Bank, National Association | Com*****llc | Lakewood, NJ | $1,050,000 |
| 2024-04 | TD Bank, National Association | Val*****Inc | KENVIL, NJ | $25,000 |
| 2024-02 | Manufacturers and Traders Trust Company | C.S*****nc. | NEW MILFORD, NJ | $31,000 |
| 2024-02 | Manufacturers and Traders Trust Company | C.S*****nc. | NEW MILFORD, NJ | $10,000 |
| 2024-02 | Wells Fargo Bank National Association | DRE*****LLC | PASSAIC, NJ | $20,000 |
| 2024-02 | Celtic Bank Corporation | CAR****LLC | Hillside, NJ | $50,000 |
| 2023-08 | Newtek Bank, National Association | Bri*****LLC | BRIDGEWATER, NJ | $17,000 |
| 2023-08 | Celtic Bank Corporation | ARC*****LLC | Magnolia, NJ | $57,000 |
| 2021-08 | Wilmington Savings Fund Society FSB | GAL*****INC | BERNARDSVILLE, NJ | $1,837,000 |
| 2021-05 | Meridian Bank | OCT*****LLC | Andover, NJ | $1,728,000 |
| 2021-05 | Meridian Bank | OCT*****LLC | ANDOVER, NJ | $200,000 |
| 2021-02 | Port 51 Lending LLC | Eag*****LLC | Lincoln Park, NJ | $298,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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