Peapack Private Bank and Trust
NJ
SBA-approved lender offering 6 loan programs across 11 industries.
Key Metrics
Interest Rate
8.75%
2.00% over prime
Average Loan
$946K
Per approval
Total Approvals
39
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (11)
All Other Legal ServicesBeauty SalonsBeer, Wine, and Liquor StoresCar WashesCouriersDrinking Places (Alcoholic Beverages)Full-Service RestaurantsLimited-Service RestaurantsOffices of PodiatristsOther Building Finishing ContractorsToilet Preparation Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.00%
- Effective Rate
- 8.75%
- Fiscal Year
- 2025
- States Served
- NJ
- Website
- www.peapackprivate.com
Ready to apply with Peapack Private Bank and Trust?
Let Cassian help you prepare your application and connect you with the right loan officer.