Peapack Private Bank and Trust
Private bank founded in 1921 offering client-centric commercial and personal banking with high-quality wealth management, investment banking, and innovative financial solutions. Recently rebranded January 2025 uniting bank and wealth divisions.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (33 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Peapack Private Bank and Trust ranks #136 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Peapack Private Bank and Trust’s 7(a) acquisition lending falls in the $500K-$1M range: 12 loans, 36.4% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 8 | 24.2% | |
| $500K-$1M | 12 | 36.4% | |
| $1M-$2M | 9 | 27.3% | |
| $2M-$3M | 2 | 6.1% | |
| $3M-$4M | 1 | 3.0% | |
| $4M-$5M | 1 | 3.0% |
Industries with highest loan volume
Beer, Wine, and Liquor Retailers
8
loans
$1.1M
avg. amount
Assisted Living Facilities for the Elderly
2
loans
$2.0M
avg. amount
Gasoline Stations with Convenience Stores
2
loans
$585K
avg. amount
Snack and Nonalcoholic Beverage Bars
2
loans
$288K
avg. amount
Convenience Retailers
2
loans
$395K
avg. amount
Limited-Service Restaurants
2
loans
$1.0M
avg. amount
Baked Goods Retailers
1
loans
$630K
avg. amount
Pharmacies and Drug Retailers
1
loans
$409K
avg. amount
All Other Legal Services
1
loans
$5.0M
avg. amount
Cafeterias, Grill Buffets, and Buffets
1
loans
$306K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Peapack Private Bank and Trust’s median variable rate is + 2.00%, against a market median of Prime + 1.88%, 13 above market.
It priced below the market median in 5 of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.09% |
| $500K-$1M | Prime + 2.06% |
| $1M-$2M | Prime + 1.86% |
| $2M-$3M | Prime + 1.88% |
| $3M-$4M | Prime + 3.25% |
| $4M-$5M | Prime + 2.00% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q4 '21 | Prime + 2.00% | Prime + 2.00% | Prime + 1.64% – Prime + 2.50% | 6 |
| Q2 '22 | Prime + 2.00% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q4 '22 | Prime + 1.38% | Prime + 1.75% | Prime + 1.00% – Prime + 2.00% | 6 |
| Q1 '23 | Prime + 1.50% | Prime + 1.75% | Prime + 1.25% – Prime + 2.25% | 3 |
| Q2 '24 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q3 '24 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q1 '25 | Prime + 2.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
| Q2 '25 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
Peapack Private Bank and Trust has originated 7(a) acquisition loans in 4 states, most actively in New Jersey (22), Pennsylvania (6) and New York (4). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| New Jersey | 22 | 66.7% |
| Pennsylvania | 6 | 18.2% |
| New York | 4 | 12.1% |
| California | 1 | 3.0% |
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