Trenton Business Assistance Corporation
Headquartered in Princeton, NJ. Analysis based on 130 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $20.1M.
Total 7(a) loans
130
Total approved
$20.1M
Average loan
$155K
States funded in
3
Charge-off rate
1.28%
FY2020–FY2023 cohort
Paid-in-full rate
15.38%
Average rate
8.82%
Average term
126 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 10 |
| 722513 | Limited-Service Restaurants | 6 |
| 624410 | Child Day Care Services | 5 |
| 811111 | General Automotive Repair | 5 |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 4 |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 4 |
| 812199 | Other Personal Care Services | 4 |
| 713940 | Fitness and Recreational Sports Centers | 3 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 3 |
| 311811 | Retail Bakeries | 3 |
Top 10 states
| State | Loans |
|---|---|
| NJ | 110 |
| PA | 10 |
| NY | 10 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.