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Somerset Regal Bank is a New Jersey-chartered commercial bank headquartered in Bound Brook with 14 locations serving Essex, Hunterdon, Middlesex, Morris, and Somerset counties. Established in 1887 and rebranded as Somerset Regal Bank in 2023, the institution is a Member FDIC offering personal and business banking services. The bank has served the New Jersey marketplace for over 137 years with a commitment to personalized service and financial security.
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SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
Data not available
As Of June 30, 2025
Median
$365K
Average
$365K
Industries with highest loan volume
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
