# SBA loans to custom home builders in New Jersey **Short answer:** SBA's loan file shows 70 loans to custom home builders in New Jersey since October 2019. TD Bank made 45.7% of them, against 6.7% nationally and 25.5% of all loans in New Jersey. Canonical page: https://www.sbaexpress.loans/industries/new-single-family-housing-construction/new-jersey/ Data as of: 2026-06-30 These are the 70 SBA 7(a) loans to [custom home builders](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/) in [New Jersey](https://www.sbaexpress.loans/new-jersey-small-business-loans/) approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other. ## How New Jersey differs from the U.S. **What this means for you.** One lender made a large share of these loans in New Jersey, so compare more than one lender before you apply. ### Lender concentration [TD Bank](https://www.sbaexpress.loans/sba-express-lenders/td-bank/) made 45.7% of these loans (32 of 70). Nationally it made 6.7% of loans to custom home builders. It made 25.5% of all SBA loans in New Jersey. We compared 8 measures with the national figure for the same period, and this is the one that differs clearly. The table compares every measure. ## New Jersey next to the U.S. **New Jersey compared with all loans to custom home builders in the U.S., October 2019 to June 2026** | Measure | New Jersey | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 0.62% | 0.60% | No clear gap | | Median loan | $100,000 | $109,900 | No clear gap | | Middle half of loans | $49,250 to $250,000 | $50,000 to $250,000 | – | | Startups (the loan opens the business) | 0.0% | 2.0% | No clear gap | | In business 2 years or less | 10.0% | 13.4% | No clear gap | | In business more than 2 years | 88.6% | 82.0% | No clear gap | | Change of ownership | Fewer than 5 | 1.7% | n/a | | SBA Express | 68.6% | 56.5% | No clear gap | | Lines of credit | 51.4% | 47.1% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 3 points over Prime | 3 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in New Jersey The 4 lenders below made 51 of the 70 loans approved October 2019 to June 2026, or 72.9%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in New Jersey** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [TD Bank](https://www.sbaexpress.loans/sba-express-lenders/td-bank/) | 32 | 45.7% | 6.7% | | [M&T Bank](https://www.sbaexpress.loans/sba-express-lenders/m-and-t-bank/) | 9 | 12.9% | 7.0% | | [BayFirst National Bank](https://www.sbaexpress.loans/sba-express-lenders/bayfirst-national-bank/) | 5 | 7.1% | Not in top 5 | | [Northeast Bank (Portland, ME)](https://www.sbaexpress.loans/sba-express-lenders/northeast-bank/) | 5 | 7.1% | 6.3% | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Custom home builders in other states Other states where these loans differ clearly from the national pattern, most loans first. **Custom home builders by state** | State | Loans since October 2019 | | --- | --- | | [California](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/california/) | 208 | | [New York](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/new-york/) | 177 | | [Florida](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/florida/) | 123 | | [Massachusetts](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/massachusetts/) | 119 | | [Texas](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/texas/) | 116 | | [Oregon](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/oregon/) | 68 | | [North Carolina](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/north-carolina/) | 67 | | [Pennsylvania](https://www.sbaexpress.loans/industries/new-single-family-housing-construction/pennsylvania/) | 57 | ## More industries in New Jersey Other industries in New Jersey with a clear difference from the national pattern, most loans first. **Other industries in New Jersey** | Industry | Loans since October 2019 | | --- | --- | | [Home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/new-jersey/) | 336 | | [Local trucking companies](https://www.sbaexpress.loans/industries/general-freight-trucking-local/new-jersey/) | 257 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/new-jersey/) | 219 | | [Hair salons and beauty salons](https://www.sbaexpress.loans/industries/beauty-salons/new-jersey/) | 187 | | [Plumbing and HVAC companies](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/new-jersey/) | 183 | | [Electrical contractors](https://www.sbaexpress.loans/industries/electrical-contractors-other-wiring-installation-contractors/new-jersey/) | 151 | | [Long-haul truckload carriers](https://www.sbaexpress.loans/industries/general-freight-trucking-long-distance-truckload/new-jersey/) | 149 | | [Coffee shops, ice cream parlors, juice and tea bars and doughnut shops](https://www.sbaexpress.loans/industries/snack-nonalcoholic-beverage-bars/new-jersey/) | 140 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)