Provident Bank: SBA Lending Profile
Provident Bank is an FDIC-insured bank, headquartered in Jersey City, NJ. It is active in 8 states, concentrated around NJ, NY, PA. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Provident Bank actually approves
The median SBA approval at Provident Bank is $600,000. The middle 80% of its loans fall between $200,000 and $2,219,000. The smallest funded approval in the available source window is $75,000 and the largest is $5,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Programs
| Program | Loans FY25-26 | Median size | Median rate | Median term |
|---|---|---|---|---|
| SBA 7(a) | 84 | $600K | 7.5% | 10 years |
| 504 first mortgage (third party) | 19 | $1.1M | n/a | 22.5 years |
Industries it funds most
| Industry | Funded loans in source data | Share |
|---|---|---|
| Beer, Wine, and Liquor Stores | 41 | 14.1% |
| Child Day Care Services | 25 | 8.6% |
| Limited-Service Restaurants | 17 | 5.9% |
| Beer, Wine, and Liquor Retailers | 17 | 5.9% |
| Full-Service Restaurants | 10 | 3.4% |
| All Other Amusement and Recreation Industries | 5 | 1.7% |
| Offices of Lawyers | 5 | 1.7% |
| Car Washes | 5 | 1.7% |
| Clothing and Clothing Accessories Retailers | 5 | 1.7% |
| Bowling Centers | 4 | 1.4% |
| Offices of Physicians (except Mental Health Specialists) | 4 | 1.4% |
| Beauty Salons | 4 | 1.4% |
How fast Provident Bank actually funds
Approval is not money in the bank. Across 272 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Provident Bank is 22 days. Half its loans fund between 8 and 51 days. The typical SBA lender takes about 20 days, so this is roughly in line with the market.
Lending momentum
Provident Bank is expanding its SBA program. Approvals are up 35% from FY2023 to FY2025, which usually means an active appetite and a team that wants deals.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Conventional small business lending, beyond SBA
SBA loans are a fraction of most banks' small business lending. Under the Community Reinvestment Act, Provident Bank reported 574 small business loan originations in 2024, totaling $193M, at an average of about $337K per loan across 8 states. 26.8% of those loans went to businesses with under $1M in annual revenue.
Borrower profile
- 31% of its funded SBA records with known business age went to startups or businesses under two years old.
- Collateral was taken on 81% of its recent SBA loans.
- 10.3% of its SBA lending is revolving lines of credit rather than term loans.
- 4.1% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. Conventional small business lending figures from FFIEC CRA disclosure data (2024 activity year); CRA loan counts include business credit card originations at some institutions. Funding speed is the median gap between approval date and first disbursement date in SBA records. Some lenders report disbursement at month end, which can round the figure upward. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Provident Bank.