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Lender record

Magyar Bank

The real lending record — every figure from funded deals. HQ: 400 Somerset St, New Brunswick, NJ. 7 branches.

83

Recent deals (FY20+)

$666K

Typical deal

14 days

Approval → funding

0%

Failure rate (FY20–23)

Where Magyar Bank lends

Deals Magyar Bank funded — list all 72 as text

Deal profile

Most Magyar Bank deals land between $419K and $1.1M — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Full-Service Restaurants (9)
  2. 2.Limited-Service Restaurants (8)
  3. 3.Plumbing, Heating, and Air-Conditioning Contractors (4)
  4. 4.Hotels (except Casino Hotels) and Motels (3)
  5. 5.All Other Specialty Trade Contractors (3)
  6. 6.Commercial Printing (except Screen and Books) (3)
  7. 7.Retail Bakeries (3)
  8. 8.Offices of Dentists (3)

Most active states

  1. 1.New Jersey (75 deals)
  2. 2.New York (5 deals)
  3. 3.Pennsylvania (3 deals)

Franchises they finance most

Dairy Queen Operating Agreement

2 deals

USA Ninja Challenge

1 deals

F45 Training

1 deals

Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites

1 deals

Tapville Social

1 deals

Can Magyar Bank fund you? The bank behind the loans

Total assets

$1.1B

▲ 2.2% vs prior quarter

Deposits on hand

$885.0M

▲ 2.3% vs prior quarter

Loans outstanding

$869.6M

▲ 0.2% vs prior quarter

Net income (latest qtr)

$3.3M

  • •An active SBA program (~0.8% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes Magyar Bank more SBA-focused than 74% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 1.23% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a Magyar Bank branch (7)

Magyar BankMain office400 Somerset StNew Brunswick, NJ 08901 · since 1922

3050 Highway 27 Branch3050 Highway 27South Brunswick, NJ 08824 · since 1922

North Brunswick Branch582 Milltown RdNorth Brunswick, NJ 08902 · since 2002

Branchburg Branch1000 Route 202 SBranchburg, NJ 08876 · since 2006

North Edison Branch1167 Inman AveEdison, NJ 08820 · since 2011

Tano Mall Branch1199 Amboy AveEdison, NJ 08837 · since 2017

Martinsville Branch1990 Washington Valley RoadMartinsville, NJ 08836 · since 2024

Branch data: FDIC BankFind.

Recent deals

  • 720 Colfax LLC in Kenilworth, NJ — $2.5M (2026) · Commercial Bakeries
  • Bond Street Properties LLC in Keyport, NJ — $815K (2026) · Other Personal Care Services
  • Aire Salon Sudios LLC in New York, NY — $500K (2026) · All Other Business Support Services
  • MEGHA INTERNATIONAL LLC in North Brunswick, NJ — $500K (2026) · All Other Miscellaneous Retailers
  • New Jersey Ninja LLC in Howell, NJ — $400K (2026) · Fitness and Recreational Sports Centers
  • Mercer County Repair Shop LLC in Trenton, NJ — $350K (2026) · General Automotive Repair
  • Aesthetic View LLC in Cranford, NJ — $275K (2026) · Car Washes
  • Sweat Garage LLC in North Brunswick, NJ — $200K (2026) · Fitness and Recreational Sports Centers
  • Central Avenue Wholesale in Newark, NJ — $3.1M (2025) · General Line Grocery Merchant Wholesalers
  • Calcagno Holdings LLC in Englishtown, NJ — $2.8M (2025) · All Other Miscellaneous Food Manufacturing

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Businesses Magyar Bank financed

77 businesses on record — the 60 largest by funding. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with Magyar Bank.

Agent summary

This page summarizes Magyar Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 83 SBA 7(a) loans on record
  • $666K typical deal
  • 1 business-acquisition loans
  • HQ: 400 Somerset St, New Brunswick, NJ
  • 7 FDIC branch locations
  • FDIC total assets $1.1B

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/magyar-bank
API:
https://www.capbench.com/api/public/lenders/magyar-bank
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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