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Provident Bank
JERSEY CITY, NJ · Active Lender · National rank #147
Provident Bank is a smaller, regional SBA 7(a) lender, having approved 55 loans in FY2025 and ranking #147 nationally by volume. Its lending activity is concentrated mainly in New Jersey, with additional loans in Pennsylvania and New York.
Provident Bank, headquartered in Jersey City, NJ, is an active participant in the SBA 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, Provident Bank approved 55 SBA 7(a) loans totaling $62,990,600 in gross approved dollars, with $46,645,450 backed by SBA guaranty. The average loan size across these approvals was $1,145,284, indicating a focus on larger commercial financing transactions relative to many SBA lenders.
Nationally, Provident Bank ranks #147 by SBA 7(a) loan volume among all participating lenders in FY2025, placing it in the lower-mid tier of loan production by count and dollar volume compared to the largest national SBA lenders.
Geographically, Provident Bank's SBA lending activity is concentrated in New Jersey, where it approved 40 loans, followed by Pennsylvania with 7 loans and New York with 6 loans. The bank also reports SBA 7(a) activity in Connecticut and Virginia, based on the states served in the FY2025 dataset. This distribution suggests Provident Bank operates primarily as a regional SBA lender with its core activity centered in the Northeast, particularly New Jersey, rather than a nationally dispersed lending footprint. All figures cited here reflect FY2025 SBA 7(a) lender activity data and do not represent interest rates, loan terms, or approval likelihood for prospective borrowers.
Where Provident Bank lends
| State | Loans | Dollars |
|---|---|---|
| New Jersey | 40 | $43,300,600 |
| Pennsylvania | 7 | $8,875,000 |
| New York | 6 | $8,220,000 |
| Connecticut | 1 | $1,995,000 |
| Virginia | 1 | $600,000 |
Questions people ask
Is Provident Bank an SBA lender?
Yes, Provident Bank participates in the SBA 7(a) loan program, according to FY2025 SBA activity data.
How many SBA 7(a) loans did Provident Bank approve in FY2025?
Provident Bank approved 55 SBA 7(a) loans in FY2025.
What was Provident Bank's total SBA 7(a) loan volume in FY2025?
Provident Bank's approved loans totaled $62,990,600 in FY2025.
What is Provident Bank's average SBA 7(a) loan size?
The average loan size was $1,145,284 in FY2025.
Where is Provident Bank headquartered?
Provident Bank is headquartered in Jersey City, NJ.
Where is Provident Bank most active for SBA lending?
Provident Bank's top states in FY2025 were New Jersey (40 loans), Pennsylvania (7 loans), and New York (6 loans).
Is Provident Bank a national or regional SBA lender?
Based on its FY2025 activity, Provident Bank operates as a regional SBA lender, with its lending concentrated in New Jersey and nearby Northeast states.
How does Provident Bank rank by SBA loan volume?
Provident Bank ranked #147 nationally among SBA 7(a) lenders in FY2025.
What is the SBA guaranty amount for Provident Bank's FY2025 loans?
Provident Bank's FY2025 SBA 7(a) loans carried $46,645,450 in SBA guaranty dollars.
What states does Provident Bank serve for SBA 7(a) loans?
According to FY2025 data, Provident Bank served NJ, PA, NY, CT, and VA.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Provident Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.