SBA 7(a) Behavioral Health Feasibility Study in New Jersey

New Jersey behavioral health and addiction treatment lending in SBA's records

In New Jersey, SBA 7(a) approved 33 loans in the behavioral health and addiction treatment class. Across FY2017 to FY2026 in New Jersey that came to $25.8 million gross. Counting behavioral health and addiction treatment loans, New Jersey ranks 10 across states for behavioral health and addiction treatment under this program, and behavioral health and addiction treatment sits 21 of 39 among New Jersey classes. A median of $365,000 is 1.46x of the national behavioral health and addiction treatment median under SBA 7(a), so New Jersey runs above the norm. For behavioral health and addiction treatment in New Jersey, the middle half spans $100,000 to $753,000, and franchise flags mark 9.1% of New Jersey behavioral health and addiction treatment loans.

Who holds the behavioral health and addiction treatment loans, and where

The largest named behavioral health and addiction treatment holder in New Jersey is Meridian Bank: 6 loans worth $2.2 million. Holders in New Jersey are those SBA currently lists. The New Jersey behavioral health and addiction treatment county count starts with Monmouth at 5, Bergen at 3, Burlington at 3, Mercer at 3, Middlesex at 3.

Timing of New Jersey approvals

The New Jersey behavioral health and addiction treatment calendar shows 2 loans ($110,000) in FY2019, then in New Jersey 1 in FY2020 ($200,000), and in New Jersey 6 in FY2021 ($10.9 million), 2 in FY2023 ($1.5 million) and 6 in FY2024 ($3.0 million) against New Jersey's peak of 9 in FY2025. FY2017 and FY2018 show no New Jersey behavioral health and addiction treatment approvals.

Behavioral health and addiction treatment cancel and charge-off floors

Because New Jersey has so few behavioral health and addiction treatment approvals, the New Jersey cancellation rate for behavioral health and addiction treatment is withheld, not printed. The behavioral health and addiction treatment cohort funded in New Jersey is too small, so New Jersey holds no stable charge-off rate for behavioral health and addiction treatment loans in New Jersey funded FY2017 to FY2021; New Jersey withholds the rate, and New Jersey lenders should not read it as zero.

New Jersey treatment programs: the study's burden

A behavioral health or addiction program in New Jersey depends on licensing, referrals and payer contracts. A study should show the licensing path, the referral network, the mix of insurance and private pay, and clinical staffing against census. Build-out cost goes beside loans around $365,000, and coverage should be tested at a slow census build and at a payer-mix shift. Zoning and neighbourhood acceptance often decide whether a site is usable, and the appraiser will ask about alternative uses.

New Jersey treatment: two topics, one code

Both codes cover mental health and addiction care together, so a New Jersey lender sees a blend, not either specialty.