Kearny Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Kearny Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 8 | $18.5M | $2.3M | 10.0% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $2.8M | $344K | 10.0% |
| 312120 | Breweries | 8 | $6.1M | $761K | 10.0% |
| 812112 | Beauty Salons | 8 | $8.5M | $1.1M | 10.0% |
| 238320 | Painting and Wall Covering Contractors | 8 | $3.2M | $402K | 10.0% |
| 238990 | All Other Specialty Trade Contractors | 8 | $1.8M | $227K | 10.0% |
| 449110 | Other | 8 | $13.9M | $1.7M | 10.0% |
| 561312 | Executive Search Services | 8 | $3.4M | $420K | 10.0% |
| 445120 | Convenience Stores | 8 | $6.1M | $757K | 10.0% |
| 541990 | All Other Professional, Scientific, and Technical Services | 8 | $8.3M | $1.0M | 10.0% |
Geographic Distribution
SBA lending activity for Kearny Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Jersey (NJ) | 80 | $72.5M | 100.0% |
Why Choose Kearny Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 80 SBA loans approved, totaling $72.5M in financing
- ✓Industry Expertise: Specialized focus on Automotive Body, Paint, and Interior Repair and Maintenance, Fitness and Recreational Sports Centers, Breweries
- ✓Competitive Terms: Average interest rate of 5.60% with flexible term lengths averaging 193 months
- ✓Loan Range: Loan sizes from $227K to $2.3M, with an average of $906K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NJ
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Kearny Bank SBA lending
What types of businesses does Kearny Bank typically finance?
Kearny Bank specializes in SBA 7(a) lending to specific industries including automotive body, paint, and interior repair and maintenance, fitness and recreational sports centers, breweries, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Kearny Bank's typical SBA loan terms?
Kearny Bank's SBA 7(a) loans typically feature an average interest rate of 5.60% and average term length of 193 months (approximately 16 years). Loan sizes range from $227K to $2.3M, with an average loan size of $906K.
Do I need a business valuation for a Kearny Bank SBA loan?
Yes, Kearny Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Kearny Bank compare to other SBA lenders?
Kearny Bank has originated 80 SBA loans totaling $72.5M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Kearny Bank lend in?
Kearny Bank provides SBA 7(a) financing with particularly strong presence in NJ. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.