Acquisition Lender Index

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Nail Salons: SBA acquisition loans in New Jersey

7 SBA-financed business acquisitions in New Jersey classified as Nail Salons, FY2024–FY2026. Median loan $320K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
7
Total approved
$3.7M
Median loan
$320K
Middle half of loans
$230K to $765K
Median starting rate
9.50%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 7 recorded approvals in FY2024–FY2026. For a broader comparison, open the New Jersey state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 New Millennium Bank 229%$390K$780K
2 Readycap Lending, LLC 114%$1.2M$1.2M
3 First Merchants Bank 114%$1.1M$1.1M
4 Hanmi Bank 114%$320K$320K
5 Newtek Bank, National Association 114%$160K$160K
6 Commonwealth Business Bank 114%$135K$135K

For comparison, the same industry nationwide: 58 loans, median $470K, median starting rate 10.00%. See Nail Salons in every state.

Deals by SBA fiscal year

FY20194 loans, $773K
FY20202 loans, $300K
FY20211 loans, $911K
FY20224 loans, $900K
FY20233 loans, $580K
FY20241 loans, $320K
FY20254 loans, $2.2M
FY20262 loans, $1.2M

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.