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.
- SBA data for this industry goes through 2025-03-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
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 |
|---|---|---|---|---|
| 2025-09 | TD Bank, National Association | Reg*****LLC | JACKSON, NJ | $15,000 |
| 2025-07 | TD Bank, National Association | Reg*****LLC | JACKSON, NJ | $25,000 |
| 2025-04 | Celtic Bank Corporation | SUM*****LLC | COLONIA, NJ | $150,000 |
| 2025-04 | Newtek Bank, National Association | Hon*****als | SOMERS POINT, NJ | $24,000 |
| 2025-03 | BayFirst National Bank | Ann*****als | MORGANVILLE, NJ | $150,000 |
| 2025-01 | TD Bank, National Association | Fin*****LLC | LINDEN, NJ | $25,000 |
| 2025-01 | Manufacturers and Traders Trust Company | NEW*****.C. | CRANBURY, NJ | $50,000 |
| 2025-01 | Manufacturers and Traders Trust Company | NEW*****.C. | CRANBURY, NJ | $120,000 |
| 2024-11 | Newtek Bank, National Association | Sca*****LLC | HILLSBOROUGH, NJ | $150,000 |
| 2024-11 | Northeast Bank | Bou*****Mom | Whippany, NJ | $10,000 |
| 2024-10 | Newtek Bank, National Association | Sca*****LLC | Hillsborough Township, NJ | $750,000 |
| 2024-08 | TD Bank, National Association | BRI*****LLC | EAST ORANGE, NJ | $25,000 |
| 2024-07 | TD Bank, National Association | Eag*****LLC | WALL TOWNSHIP, NJ | $250,000 |
| 2024-07 | Newtek Bank, National Association | Com*****llc | Lakewood, NJ | $1,050,000 |
| 2024-07 | Northeast Bank | BRI*****LLC | Livingston, NJ | $22,800 |
| 2024-04 | TD Bank, National Association | Val*****Inc | KENVIL, NJ | $25,000 |
| 2024-03 | JPMorgan Chase Bank, National Association | Len*****any | LONG BRANCH, NJ | $40,000 |
| 2024-03 | Readycap Lending, LLC | G &*****.C. | FREEHOLD, NJ | $150,000 |
| 2024-03 | CDC Small Business Finance Corp. | AIY****NC. | Jersey City, NJ | $120,000 |
| 2024-03 | Northeast Bank | AIY****NC. | JERSEY CITY, NJ | $50,000 |
| 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 |
| 2023-11 | Columbia Bank | Gri*****LLC | SUMMIT, NJ | $215,000 |
| 2023-09 | TD Bank, National Association | RJ *****LLC | SEASIDE HEIGHTS, NJ | $45,000 |
| 2023-08 | Newtek Bank, National Association | Bri*****LLC | BRIDGEWATER, NJ | $17,000 |
| 2023-08 | Celtic Bank Corporation | ARC*****LLC | Magnolia, NJ | $57,000 |
| 2023-06 | ConnectOne Bank | Hol*****any | Sayreville, NJ | $1,700,000 |
| 2023-06 | ConnectOne Bank | Hol*****any | Sayreville, NJ | $1,700,000 |
| 2023-03 | FinWise Bank | 22 *****LLC | South Hackensack, NJ | $5,000,000 |
| 2023-01 | TD Bank, National Association | ZNC*****nc. | WAYNE, NJ | $55,000 |
| 2022-11 | FinWise Bank | Fly*****nc. | Butler, NJ | $1,500,000 |
| 2022-09 | Wells Fargo Bank National Association | SUP*****LLC | EGG HARBOR TOWNSHIP, NJ | $15,000 |
| 2022-08 | The Huntington National Bank | Van*****Inc | Jersey City, NJ | $795,000 |
| 2022-08 | The Huntington National Bank | Van*****Inc | Jersey City, NJ | $30,000 |
| 2022-01 | FinWise Bank | B&B*****nc. | Jackson, NJ | $5,000,000 |
| 2022-01 | Newtek Small Business Finance, Inc. | DAK*****rds | OCEAN CITY, NJ | $55,000 |
| 2021-12 | FinWise Bank | STE*****NC. | FAIRFIELD, NJ | $2,397,000 |
| 2021-08 | Wilmington Savings Fund Society FSB | GAL*****INC | BERNARDSVILLE, NJ | $1,837,000 |
| 2021-07 | New Millennium Bank | SIM*****ORP | PALISADES PARK, NJ | $1,000,000 |
| 2021-06 | Truist Bank | Ame*****nc. | Beach Haven, NJ | $1,180,000 |
| 2021-05 | Meridian Bank | OCT*****LLC | ANDOVER, NJ | $200,000 |
| 2021-05 | Meridian Bank | OCT*****LLC | Andover, NJ | $1,728,000 |
| 2021-02 | Port 51 Lending LLC | Eag*****LLC | Lincoln Park, NJ | $298,000 |
| 2020-05 | TD Bank, National Association | COA*****LLC | Sea Isle City, NJ | $25,000 |
| 2020-02 | First Commerce Bank | Red*****LLC | Lakewood, NJ | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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