Who Makes SBA 7(a) Real Estate Loans in New Jersey and Florida?
Dominick PreveteBlue Sky Capital AdvisorsData as of June 30, 2026 (SBA 7(a) loan-level data)MethodologyDownload the lender list (CSV)
In the 12 months to June 30, 2026, SBA lenders approved 204 real-estate-term 7(a) loans for New Jersey projects, totaling $326.5 million, according to Dominick Prevete's analysis of SBA loan-level data. Sixty-seven different lenders made them, and 77% came from lenders whose home office is outside New Jersey. In Florida, 99 lenders made 405 loans totaling $700.3 million.
What the data shows (12 months to June 30, 2026)
| Measure | U.S. | New Jersey | Florida |
|---|---|---|---|
| Real-estate-term 7(a) loans | 6,374 | 204 | 405 |
| Dollar volume | $10.8B | $326.5M | $700.3M |
| Median loan | $1,245,000 | $1,200,000 | $1,305,000 |
| Share of all 7(a) dollars | 38.0% | 36.9% | 28.5% |
| Lenders that made at least one | 561 | 67 | 99 |
| Share made by the 10 most active lenders | 35.0% | 43.6% | 42.5% |
| Share from lenders with an out-of-state home office | — | 77.0% | 82.0% |
| Share with a variable rate | 82.4% | 80.9% | 83.7% |
| SBA-guaranteed share of dollars | 74.5% | 74.6% | 73.9% |
Real-estate-term = SBA 7(a) loans with terms of 20 years or more, excluding cancelled loans. Source: SBA 7(a) FOIA data as of June 30, 2026; analysis by Dominick Prevete, Blue Sky Capital Advisors.
The market is spread thin. No lender dominates. In the 12 months to June 30, 2026, the 10 most active lenders made 43.6% of New Jersey's real-estate-term 7(a) loans and 57 others made the rest, according to SBA's 7(a) loan-level data. Your bank may make SBA loans and still not be the one that does yours.
Most of these loans come from out of state. 77% of New Jersey's real-estate-term 7(a) loans in the 12 months to June 30, 2026 came from lenders whose home office is outside the state (82% in Florida), according to SBA's 7(a) loan-level data. That includes national banks with local branches, and SBA specialists that operate nationally.
These loans have held up. Of New Jersey's real-estate-term 7(a) loans approved in fiscal 2020 through 2022, none has charged off as of June 30, 2026, against 7.3% of shorter-term 7(a) loans from the same years, according to SBA's 7(a) loan-level data. Florida: 4 of 1,747, against 7.8%. Loans still outstanding can be current or delinquent; SBA's data doesn't separate them.
Which lenders make SBA 7(a) real estate loans in New Jersey?
The 15 most active lenders by number of real-estate-term 7(a) loans for New Jersey projects in the 12 months to June 30, 2026, from SBA's 7(a) loan-level data. Ties are ordered by dollar volume.
| Rank | Lender | Home-office state | Loans | Dollars |
|---|---|---|---|---|
| 1 | TD Bank, National Association | DE | 20 | $35.8M |
| 2 | Live Oak Banking Company | NC | 11 | $23.4M |
| 3 | Wells Fargo Bank National Association | SD | 9 | $9.2M |
| 4 | Harvest Small Business Finance, LLC | CA | 9 | $7.8M |
| 5 | Wilmington Savings Fund Society FSB | DE | 8 | $10.2M |
| 6 | Fulton Bank, National Association | PA | 8 | $8.9M |
| 7 | Unity Bank | NJ | 7 | $14.8M |
| 8 | Port 51 Lending LLC | NY | 6 | $16.4M |
| 9 | Peapack Private Bank and Trust | NJ | 6 | $11.0M |
| 10 | Financial Resources Federal Credit Union | NJ | 5 | $8.2M |
| 11 | Magyar Bank | NJ | 5 | $6.8M |
| 12 | Beacon Bank and Trust | MA | 5 | $5.2M |
| 13 | Fifth Third Bank | OH | 4 | $12.0M |
| 14 | Provident Bank | NJ | 4 | $10.6M |
| 15 | Readycap Lending, LLC | NJ | 4 | $8.4M |
See all 67 lenders (CSV). Home-office state is the lender address state SBA reports. Fourteen of the 67 lenders have a New Jersey home office; national banks with New Jersey branches count as out of state.
This list is SBA's data, not a list of Blue Sky's lender relationships, and it isn't a ranking or endorsement. How Blue Sky gets paid →
Where in New Jersey
| County | Loans | Dollars |
|---|---|---|
| Monmouth | 20 | $39.3M |
| Union | 19 | $32.5M |
| Essex | 19 | $25.6M |
| Bergen | 18 | $36.4M |
| Middlesex | 14 | $16.4M |
| Camden | 13 | $19.9M |
| Burlington | 13 | $17.9M |
| Ocean | 12 | $25.2M |
| Atlantic | 9 | $14.5M |
| Morris | 8 | $17.6M |
| Cape May | 8 | $14.0M |
| Passaic | 8 | $7.6M |
| Hudson | 7 | $15.4M |
| Mercer | 7 | $11.8M |
| Gloucester | 7 | $10.6M |
| Hunterdon | 7 | $8.6M |
| Somerset | 6 | $7.0M |
| Sussex | 3 | $1.7M |
Every county with three or more loans, by where the project is. Counties with fewer are not shown.
What kinds of businesses
| Industry (NAICS) | Loans | Dollars |
|---|---|---|
| Full-Service Restaurants | 31 | $57.5M |
| General Automotive Repair | 11 | $11.0M |
| Offices of Dentists | 9 | $22.1M |
| Limited-Service Restaurants | 7 | $7.2M |
| Hotels (except Casino Hotels) and Motels | 6 | $18.7M |
| Beer, Wine, and Liquor Retailers | 6 | $12.6M |
| Funeral Homes and Funeral Services | 6 | $11.0M |
| Offices of Lawyers | 5 | $1.3M |
| Child Care Services | 4 | $10.6M |
| Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 4 | $6.9M |
The ten industries with the most loans, by the borrower's NAICS description.
Loan sizes
| Loan size | Loans |
|---|---|
| $500K or less | 33 |
| $500K–$1M | 56 |
| $1M–$2M | 55 |
| $2M–$5M | 60 |
Trend by SBA fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2020 | 195 | $243.2M |
| FY2021 | 396 | $519.0M |
| FY2022 | 247 | $301.5M |
| FY2023 | 235 | $308.9M |
| FY2024 | 192 | $255.9M |
| FY2025 | 216 | $302.9M |
| FY2026 (Oct–Jun only) | 146 | $234.4M |
FY2026 to date (October 1, 2025 to June 30, 2026): 146 loans for $234.4 million, against 158 loans and $210.8 million in the same months of FY2025. Loans down 7.6%, dollars up 11.2%.
Which lenders make SBA 7(a) real estate loans in Florida?
The 15 most active lenders by number of real-estate-term 7(a) loans for Florida projects in the 12 months to June 30, 2026, from SBA's 7(a) loan-level data. Ties are ordered by dollar volume.
| Rank | Lender | Home-office state | Loans | Dollars |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | NC | 44 | $109.0M |
| 2 | Harvest Small Business Finance, LLC | CA | 37 | $34.1M |
| 3 | Bank of America, National Association | NC | 17 | $10.6M |
| 4 | Paradise Bank | FL | 15 | $28.2M |
| 5 | Newtek Bank, National Association | FL | 11 | $21.8M |
| 6 | GBank | NV | 10 | $41.2M |
| 7 | Port 51 Lending LLC | NY | 10 | $24.3M |
| 8 | TD Bank, National Association | DE | 10 | $7.7M |
| 9 | Enterprise Bank & Trust | MO | 9 | $21.7M |
| 10 | Celtic Bank Corporation | UT | 9 | $14.7M |
| 11 | First Federal Bank | FL | 9 | $10.6M |
| 12 | Wells Fargo Bank National Association | SD | 9 | $7.1M |
| 13 | The Huntington National Bank | OH | 8 | $8.3M |
| 14 | Fifth Third Bank | OH | 7 | $16.6M |
| 15 | First Merchants Bank | IN | 7 | $9.8M |
See all 99 lenders (CSV). Home-office state is the lender address state SBA reports. Seventeen of the 99 lenders have a Florida home office; national banks with Florida branches count as out of state.
This list is SBA's data, not a list of Blue Sky's lender relationships, and it isn't a ranking or endorsement. How Blue Sky gets paid →
Where in Florida
| County | Loans | Dollars |
|---|---|---|
| Broward | 34 | $51.8M |
| Orange | 32 | $71.5M |
| Miami-Dade | 31 | $46.7M |
| Palm Beach | 27 | $54.3M |
| Hillsborough | 24 | $29.6M |
| Pinellas | 23 | $32.6M |
| Duval | 20 | $33.0M |
| Volusia | 16 | $28.8M |
| Lee | 15 | $35.9M |
| Brevard | 12 | $15.5M |
| Marion | 12 | $13.7M |
| Polk | 11 | $17.8M |
| Lake | 11 | $15.2M |
| Saint Lucie | 10 | $18.6M |
| Manatee | 10 | $13.0M |
| Pasco | 9 | $11.1M |
| Sarasota | 9 | $10.1M |
| Alachua | 8 | $17.0M |
| Seminole | 8 | $14.0M |
| Escambia | 8 | $12.7M |
| Indian River | 6 | $18.7M |
| Saint Johns | 6 | $15.8M |
| Charlotte | 6 | $11.8M |
| Suwannee | 5 | $10.6M |
| Osceola | 5 | $8.8M |
| Citrus | 5 | $2.7M |
| Martin | 4 | $11.2M |
| Highlands | 4 | $8.1M |
| Okaloosa | 4 | $7.6M |
| Leon | 3 | $11.3M |
| Collier | 3 | $8.3M |
| Gadsden | 3 | $6.5M |
| Bay | 3 | $5.0M |
Every county with three or more loans, by where the project is. Counties with fewer are not shown.
What kinds of businesses
| Industry (NAICS) | Loans | Dollars |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 26 | $103.8M |
| Full-Service Restaurants | 17 | $26.1M |
| Child Care Services | 17 | $25.0M |
| Assisted Living Facilities for the Elderly | 14 | $21.5M |
| Offices of Physicians (except Mental Health Specialists) | 13 | $24.6M |
| Offices of Dentists | 12 | $24.5M |
| General Automotive Repair | 12 | $19.8M |
| Limited-Service Restaurants | 11 | $25.4M |
| Offices of Mental Health Practitioners (except Physicians) | 11 | $8.1M |
| Plumbing, Heating, and Air-Conditioning Contractors | 10 | $7.2M |
The ten industries with the most loans, by the borrower's NAICS description.
Loan sizes
| Loan size | Loans |
|---|---|
| $500K or less | 72 |
| $500K–$1M | 98 |
| $1M–$2M | 105 |
| $2M–$5M | 130 |
Trend by SBA fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2020 | 402 | $512.4M |
| FY2021 | 826 | $1.1B |
| FY2022 | 519 | $708.6M |
| FY2023 | 443 | $571.9M |
| FY2024 | 452 | $606.2M |
| FY2025 | 473 | $722.9M |
| FY2026 (Oct–Jun only) | 267 | $480.3M |
FY2026 to date (October 1, 2025 to June 30, 2026): 267 loans for $480.3 million, against 335 loans and $502.8 million in the same months of FY2025. Loans down 20.3%, dollars down 4.5%.
What this means if you own your building
The data says the same thing Dominick Prevete sees on files: the lender that fits an owner-occupied building is often not the bank down the street. With 67 lenders active in New Jersey and no one lender making more than one in ten of these loans, the work is matching the building, the business and the loan size to a lender that's actually doing them right now.
How SBA 7(a) loans work for owner-occupied buildings →
Want to talk through your building? Call Dominick at (908) 220-6404 or request a consultation.
Questions about this data
How many SBA 7(a) real estate loans were made in New Jersey last year?+
In the 12 months to June 30, 2026, SBA lenders approved 204 real-estate-term 7(a) loans for New Jersey projects, totaling $326.5 million, according to Dominick Prevete's analysis of SBA loan-level data. Real-estate-term means a term of 20 years or more.
Which lender makes the most SBA 7(a) real estate loans in New Jersey?+
By number of loans, TD Bank, National Association made 20 of New Jersey's 204 real-estate-term 7(a) loans in the 12 months to June 30, 2026, the most of any lender. No lender made more than about one in ten.
Which lenders make SBA 7(a) real estate loans in Florida?+
Ninety-nine different lenders made Florida's 405 real-estate-term 7(a) loans in the 12 months to June 30, 2026. The three most active by number of loans were Live Oak Banking Company (44), Harvest Small Business Finance, LLC (37) and Bank of America, National Association (17). The full list is in the CSV download.
How big is a typical SBA 7(a) real estate loan?+
The median real-estate-term 7(a) loan in the 12 months to June 30, 2026 was $1,200,000 in New Jersey, $1,305,000 in Florida and $1,245,000 nationally.
How do you know a 7(a) loan is a real estate loan?+
By its term. SBA allows up to 25 years for real estate but no more than 15 years for equipment or 10 for working capital, so a 7(a) loan with a term of 20 years or more includes real estate. SBA's data has no use-of-proceeds field, so the test counts purchases, refinances, construction and business acquisitions that include the building, and it misses real estate loans written for less than 20 years.
How often is this data updated?+
Quarterly, when SBA posts a new 7(a) loan-level file, usually about three weeks after a quarter ends. This edition uses data as of June 30, 2026.
Cite this analysis as: Dominick Prevete, Blue Sky Capital Advisors, analysis of SBA 7(a) loan-level FOIA data as of June 30, 2026 (blueskycapitaladvisors.com/sba-7a-real-estate-lending).
Methodology, sources & limitations·Download the lender list (CSV)
Data is from the U.S. Small Business Administration's public 7(a) FOIA file and is presented as reported. Blue Sky Capital Advisors is not affiliated with SBA or any lender listed.