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Feasibility Study Data for the Atlantic City-Hammonton, NJ Metro Area
What SBA's own loan files show about lending in the Atlantic City-Hammonton, NJ Metro Area, every asset class together, and what a feasibility study for a project there has to test.
Atlantic City-Hammonton: the size of the record
For Atlantic City-Hammonton, SBA shows $474.9 million on 875 loans, FY2017 to FY2026. Atlantic City-Hammonton sits at 110 of 928 among areas ranked by loans. Half the Atlantic City-Hammonton loans are $190,000 or smaller. Atlantic City-Hammonton middle half: $50,000 to $600,000. Atlantic City-Hammonton: 0.91x of the national median. Atlantic City-Hammonton splits into 824 loans under 7(a) and 51 under 504. Franchise brands account for 5.7% of Atlantic City-Hammonton loans. $474.9 million is the Atlantic City-Hammonton dollar total.
Atlantic City-Hammonton: asset mix and geography
Atlantic City-Hammonton leaders: full-service restaurant (84), then hotel and motel (73), then limited-service restaurant (36). Next in Atlantic City-Hammonton comes automotive mechanical repair at 18 loans. Outside every class stand 548 Atlantic City-Hammonton loans, so each Atlantic City-Hammonton project is judged on its own facts. County placement in Atlantic City-Hammonton is led by Atlantic County, NJ (510) and Cape May County, NJ (365).
Atlantic City-Hammonton: SBA holders
In Atlantic City-Hammonton, a holder can differ from the maker. Atlantic City-Hammonton holders under 7(a) include TD Bank, National Association (277 loans, $44.0 million) and Sturdy Savings Bank (78 loans, $40.3 million). Atlantic City-Hammonton holders under 504 include Trenton Business Assistance Corporation with 25 loans ($24.9 million). Atlantic City-Hammonton rows serve a borrower as background. No Atlantic City-Hammonton row states a holder's terms.
Atlantic City-Hammonton: floors, and what is withheld
Atlantic City-Hammonton cancellation, FY2017 to FY2024 approvals: 13.9%. It is a floor for Atlantic City-Hammonton. Treating undisbursed Atlantic City-Hammonton loans as cancelled gives 14.9%, the ceiling. Charged off to date in Atlantic City-Hammonton: 6.3%, a floor, across 350 disbursed loans of FY2017 to FY2021. The Atlantic City-Hammonton five-year figure is 3.1%. Treat Atlantic City-Hammonton rates as floors. Later events lift them, Atlantic City-Hammonton included. Each Atlantic City-Hammonton loan is placed by county name. For Atlantic City-Hammonton, the July 2023 list governs. A county without a match leaves Atlantic City-Hammonton. Atlantic City-Hammonton totals count loans outside the tracked classes.
Atlantic City-Hammonton: what a study has to test
The Atlantic City-Hammonton trend peaks in FY2017 with 115 loans ($48.5 million) and bottoms in FY2020 with 55 ($37.6 million). FY2026 closes the Atlantic City-Hammonton series at 98 loans, $44.0 million. A Atlantic City-Hammonton feasibility study tests demand first, from Atlantic County, NJ outward, not from the area average. Atlantic City-Hammonton costs sit beside a $190,000 median. Atlantic City-Hammonton stands at 0.91x nationally. Atlantic City-Hammonton coverage is stressed with slower ramp-up. Atlantic City-Hammonton reviewers will weigh the floors above. Atlantic City-Hammonton appraisal evidence comes from area sales. Atlantic City-Hammonton income evidence sits beside it. Absorption near Atlantic County, NJ is tested for Atlantic City-Hammonton on a slow case. Beside Atlantic County, NJ findings, the Atlantic City-Hammonton study lists what it could not test.
SBA loans in the Atlantic City-Hammonton, NJ Metro Area
| Loans approved, FY2017 to FY2026 | 875 |
|---|---|
| Gross dollars approved | $474.9 million |
| Median loan | $190,000 |
| Middle half of loans, from | $50,000 |
| Middle half of loans, to | $600,000 |
| SBA 7(a) loans | 824 |
| SBA 504 loans | 51 |
| Franchise share of loans | 5.7% |
| Rank among metro and micro areas by loans | 110 of 928 |
| Median loan against the national median | 0.91x |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 13.9% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 14.9% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 6.3% |
| Charged off within five years of approval | 3.1% |
| Loans in that cohort | 350 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
SBA loans approved in the Atlantic City-Hammonton, NJ Metro Area, by fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2017 | 115 | $48.5 million |
| FY2018 | 97 | $57.3 million |
| FY2019 | 76 | $23.1 million |
| FY2020 | 55 | $37.6 million |
| FY2021 | 66 | $66.5 million |
| FY2022 | 74 | $38.7 million |
| FY2023 | 90 | $53.0 million |
| FY2024 | 98 | $38.4 million |
| FY2025 | 106 | $67.7 million |
| FY2026 | 98 | $44.0 million |
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 548 |
| Full-service restaurant | 84 |
| Hotel and motel | 73 |
| Limited-service restaurant | 36 |
| Automotive mechanical repair (car and truck) | 18 |
| Coffee shop and snack bar | 16 |
| Child care center | 13 |
| Liquor store | 13 |
| Beverage manufacturing (breweries, wineries, distilleries) | 12 |
| Rehabilitation and therapy clinic | 9 |
| Beauty salon | 8 |
| Fitness center | 7 |
| Medical office (physicians) | 6 |
| Grocery store | 6 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Most active SBA lenders
| Lender | Loans | Dollars |
|---|---|---|
| Trenton Business Assistance Corporation | 25 | $24.9 million |
| Lender | Loans | Dollars |
|---|---|---|
| TD Bank, National Association | 277 | $44.0 million |
| Sturdy Savings Bank | 78 | $40.3 million |
| Wilmington Savings Fund Society FSB | 39 | $28.7 million |
| Fulton Bank, National Association | 29 | $17.8 million |
| Newtek Bank, National Association | 25 | $10.1 million |
Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.
Where the loans are, by county
| County | Loans |
|---|---|
| Atlantic County, NJ | 510 |
| Cape May County, NJ | 365 |
Counties with 5 or more loans; smaller ones are not listed.
Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.
All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-12100.
Related feasibility study pages
- New Jersey feasibility study company
- Feasibility Study Data by Metro Area
- SBA feasibility study consultant
- Feasibility Study Data for the Trenton-Princeton, NJ Metro Area
- Feasibility Study Data for the Vineland, NJ Metro Area
Feasibility study data by asset class in the Atlantic City-Hammonton, NJ Metro Area
Worked examples
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