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Full-Service Restaurants: SBA acquisition loans in New Jersey
44 SBA-financed business acquisitions in New Jersey classified as Full-Service Restaurants, FY2024–FY2026. Median loan $918K. See which lenders did them.
- Acquisitions financed
- 44
- Total approved
- $57.5M
- Median loan
- $918K
- Middle half of loans
- $480K to $1.8M
- Median starting rate
- 9.50%
- Median term
- 15 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 6 | 14% | $280K | $1.9M |
| 2 | Unity Bank | 5 | 11% | $1.4M | $6.4M |
| 3 | Columbia Bank | 4 | 9% | $1.3M | $5.9M |
| 4 | Provident Bank | 4 | 9% | $556K | $2.0M |
| 5 | Wilmington Savings Fund Society FSB | 3 | 7% | $932K | $2.4M |
| 6 | Beacon Bank and Trust | 2 | 5% | $1.7M | $3.4M |
| 7 | Manufacturers and Traders Trust Company | 2 | 5% | $55K | $110K |
| 8 | Hanover Community Bank | 1 | 2% | $5.0M | $5.0M |
| 9 | Happen Bank | 1 | 2% | $5.0M | $5.0M |
| 10 | Peapack Private Bank and Trust | 1 | 2% | $3.9M | $3.9M |
| 11 | Heritage Bank Inc | 1 | 2% | $3.8M | $3.8M |
| 12 | Shinhan Bank America | 1 | 2% | $3.6M | $3.6M |
| 13 | Fund-Ex Solutions Group, LLC | 1 | 2% | $2.5M | $2.5M |
| 14 | Univest Bank and Trust Co | 1 | 2% | $2.4M | $2.4M |
| 15 | Port 51 Lending LLC | 1 | 2% | $2.1M | $2.1M |
For comparison, the same industry nationwide: 1,235 loans, median $465K, median starting rate 9.50%. See Full-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.