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Lender record

New Millennium Bank

The real lending record — every figure from funded deals. HQ: 222 Bridge Plz S, Fort Lee, NJ. 9 branches.

328

Recent deals (FY20+)

$530K

Typical deal

20 days

Approval → funding

0.4%

Failure rate (FY20–23)

Where New Millennium Bank lends

Deals New Millennium Bank funded — list all 305 as text

Deal profile

Most New Millennium Bank deals land between $250K and $1.4M — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Full-Service Restaurants (52)
  2. 2.Nail Salons (33)
  3. 3.Hotels (except Casino Hotels) and Motels (26)
  4. 4.Limited-Service Restaurants (24)
  5. 5.Coin-Operated Laundries and Drycleaners (20)
  6. 6.Drycleaning and Laundry Services (except Coin-Operated) (18)
  7. 7.Car Washes (17)
  8. 8.Gasoline Stations with Convenience Stores (11)

Most active states

  1. 1.New Jersey (123 deals)
  2. 2.New York (117 deals)
  3. 3.Georgia (30 deals)
  4. 4.Texas (15 deals)
  5. 5.Washington (15 deals)
  6. 6.Maryland (6 deals)
  7. 7.Connecticut (5 deals)
  8. 8.Pennsylvania (3 deals)
  9. 9.Tennessee (3 deals)
  10. 10.Virginia (2 deals)

Franchises they finance most

bb.q Chicken

4 deals

Motel 6

3 deals

Paris Baguette

2 deals

Ramada by Wyndham

2 deals

WNB Factory

2 deals

Can New Millennium Bank fund you? The bank behind the loans

Total assets

$924.7M

▼ 3% vs prior quarter

Deposits on hand

$789.8M

▼ 3.9% vs prior quarter

Loans outstanding

$783.4M

▼ 0.6% vs prior quarter

Net income (latest qtr)

$2.8M

  • •An active SBA program (~2.6% 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 New Millennium Bank more SBA-focused than 90% of the banks on our record.
  • •Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
  • •Return on assets of 1.19% — 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 New Millennium Bank branch (9)

New Millennium BankMain office222 Bridge Plz SFort Lee, NJ 07024 · since 1999

Bayside Branch20935 Northern BlvdBayside, NY 11361 · since 2015

Manhattan Branch312 5th AveNew York, NY 10001 · since 2017

Palisafes Park Branch134 Broad AvePalisades Park, NJ 07650 · since 2017

Flushing Branch14128 Northern BlvdFlushing, NY 11354 · since 2020

Piermont Road Branch Office570 Piermont RdCloster, NJ 07624 · since 2020

Brunswick Town Center Branch20 Jersey AveNew Brunswick, NJ 08901 · since 2021

Duluth Branch Office3350 Steve Reynolds BlvdDuluth, GA 30096 · since 2021

Fort Lee Branch1625 Lemoine AveFort Lee, NJ 07024 · since 2023

Branch data: FDIC BankFind.

Recent deals

  • IT'S A WASH PLUS INC. in Monticello, NY — $3.5M (2026) · Coin-Operated Laundries and Drycleaners
  • Five Estates LLC in Palisades Park, NJ — $2.4M (2026) · General Automotive Repair
  • 631 Sunnyside LLC in Englewood Cliffs, NJ — $1.5M (2026) · Offices of Dentists
  • DHP Holdings LLC in Fredericksburg, VA — $1.2M (2026) · Baked Goods Retailers
  • Robert Lee Integrative Chiropractic & Acupuncture, P.C. in North Bellmore, NY — $1.1M (2026) · Offices of Chiropractors
  • KK Nostrand Management Corp. in Brooklyn, NY — $1.1M (2026) · Limited-Service Restaurants
  • SJE Family LLC in Monroe, GA — $480K (2026) · Limited-Service Restaurants
  • KHMJ, LLC in Monroe, GA — $385K (2026) · Full-Service Restaurants
  • THE BLUE SIZZLE LLC in Fort Lee, NJ — $350K (2026) · Full-Service Restaurants
  • Yok 89 Corp in Fort Lee, NJ — $310K (2026) · Full-Service Restaurants

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

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Failed deals

1 of New Millennium Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

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Businesses New Millennium Bank financed

309 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 New Millennium Bank.

Agent summary

This page summarizes New Millennium 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.

  • 328 SBA 7(a) loans on record
  • $530K typical deal
  • 70 business-acquisition loans
  • HQ: 222 Bridge Plz S, Fort Lee, NJ
  • 9 FDIC branch locations
  • FDIC total assets $924.7M

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/new-millennium-bank
API:
https://www.capbench.com/api/public/lenders/new-millennium-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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