Loading...
Loading...
NewBank is an independent community bank founded in 2006 dedicated to providing personal and business banking services including checking, savings accounts, time deposits, mortgages, and SBA loans. The bank operates six full-service retail branch locations across New York and New Jersey and is a proud SBA Pinnacle Award winner.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by NewBank unless otherwise indicated.
Loading reviews...
7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$875K
Average
$875K
Sweet Spot
$1M-$2M
Industries with highest loan volume
Coin-Operated Laundries and Drycleaners
1
loans
$500K
avg. amount
Coin-Operated Laundries and Drycleaners
1
loans
$500K
avg
Beer, Wine, and Liquor Retailers
1
loans
$1.3M
avg. amount
Beer, Wine, and Liquor Retailers
1
loans
$1.3M
avg
10-Year
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.25% |
| $1M-$2M | Prime + 2.25% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
Claim this profile to manage your information, respond to reviews, and access analytics.