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New Jersey COVID-19 PPP

Following is a list of banks headquartered in New Jersey participating in the SBA Paycheck Protection Program(PPP) and the Federal Reserve PPP Liquidity Facility(PPPLF), sequenced by number of PPP Loans.

This list can be sequenced by institution name, number of PPP loans, PPP Balance or PPPLF Pledged by clicking on the label at the head of the column. The data is sourced from FFIEC Quarterly Call Report Schedule RC M referring to Paycheck Protection Program (PPP) covered loans as defined in section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)). The PPP was established by Section 1102 of the 2020 Coronavirus Aid, Relief, and Economic Security Act. Detailed financial information for an institution can be retrieved by clicking on the institution name.


Reporting Period - quarter ended 20221231 :

Institution PPP Loans PPP Balance PPPLF Pledged

(USD, in thousands)
CROSS RIVER BANK 103,087 2,430,091 2,010,985
VALLEY NATIONAL BANK 140 33,580 0
CONNECTONE BANK 35 11,374 0
FIRST BANK 28 3,515 0
OCEANFIRST BANK, NATIONAL ASSOCIATION 21 1,552 0
NEW MILLENNIUM BANK 20 2,841 0
UNITY BANK 17 5,908 0
BANK OF PRINCETON, THE 16 2,469 0
FIRST COMMERCE BANK 11 605 0
LAKELAND BANK 11 420 0
MANASQUAN BANK 11 1,868 0
BLUE FOUNDRY BANK 11 504 0
PROVIDENT BANK 10 2,768 0
COLUMBIA BANK 7 1,592 0
AMBOY BANK 6 1,876 0
PARKE BANK 5 2,766 0
KEB HANA BANK USA, NATIONAL ASSOCIATION 4 337 0
KEARNY BANK 4 328 0
SPENCER SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION 3 152 0
CREST SAVINGS BANK 3 82 0
HADDON SAVINGS BANK 2 131 0
FIRST NATIONAL BANK OF ELMER 2 24 0
PEAPACK-GLADSTONE BANK 2 1,702 0
BRUNSWICK BANK AND TRUST COMPANY 2 8 5
CROWN BANK 2 65 0
CENTURY SAVINGS BANK 1 107 0
BOGOTA SAVINGS BANK 1 269 0
UNITED ROOSEVELT SAVINGS BANK 1 621 0
HAVEN SAVINGS BANK 1 1 0
PENNSVILLE NATIONAL BANK, THE 1 1 0
FREEHOLD BANK 1 53 0


iBanknet.com makes no claims as to the accuracy of the financial information contained on iBanknet.com and will not be held liable for any use of this information. The information on iBanknet.com is for personal use only. Any other use of this information is prohibited without obtaining prior written permission.




 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury