Bank · Fort Lee, NJ
New Millennium Bank
Made 16 SBA 7(a) change-of-ownership loans totaling $17.8M in FY2024 to FY2026: #178 of 1,054 lenders by loans and #179 by dollars. Lends in 5 states. Part of Nmb Financial Corp.
#178by loans, FY24–26
16loans
$17.8Mapproved
$457Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 4 | $5.0M | $407K | 0.1% |
| FY2025 | 6 | $4.8M | $400K | 0.1% |
| FY2026 | 6 | $8.0M | $600K | 0.1% |
Loan size
Deal size mix
25% of its loans were $1M or more.
- Under $350K4 loans · 25% · $965K
- $350K to $1M8 loans · 50% · $3.6M
- $1M to $2M1 loans · 6% · $1.1M
- $2M to $5M3 loans · 19% · $12.1M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Other Services | 10 | $7.1M |
| Retail Trade | 3 | $5.5M |
| Accommodation & Food Services | 2 | $4.8M |
| Educational Services | 1 | $464K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| New York | 7 | $5.2M |
| New Jersey | 6 | $2.9M |
| Idaho | 1 | $4.1M |
| Texas | 1 | $650K |
| Washington | 1 | $5.0M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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