Skip to main content
Home → New Jersey → Blue Foundry Bank

Blue Foundry Bank

Parsippany, NJ 7054

13
Loans Approved
$16.5M
Total Volume
$1.3M
Avg Loan Size
2
States Served

States Served

CaliforniaNew Jersey

Top Industries Financed

  • Fitness and Recreational Sports Centers
  • Supermarkets and Other Grocery (except Convenience) Stores
  • Full-Service Restaurants
  • Insurance Agencies and Brokerages
  • All Other Telecommunications

Quick Summary

Blue Foundry Bank is an SBA-approved lender headquartered in Parsippany, New Jersey. Since 2020, they have approved 13 SBA 7(a) loans totaling $16.5M, with an average loan size of $1.3M. They serve businesses across 2 states.

About Blue Foundry Bank

Blue Foundry Bank is an SBA-approved lender headquartered in Parsippany, New Jersey. Since 2020, they have approved 13 SBA 7(a) loans totaling $16.5M, with an average loan size of $1.3M. They serve businesses across 2 states.

Before you apply — know where you stand

Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.

Check My FICO SBSS →

Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Blue Foundry Bank an SBA Preferred Lender?

Blue Foundry Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Blue Foundry Bank approved?

According to SBA FOIA public records, Blue Foundry Bank has approved 13 SBA 7(a) loans totaling $16.5M since 2020. Their average loan size is $1.3M.

What states does Blue Foundry Bank serve?

Blue Foundry Bank serves businesses in 2 states: California, New Jersey.

How do I apply for an SBA loan with Blue Foundry Bank?

To apply for an SBA 7(a) loan with Blue Foundry Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

Get in Touch with This Lender

Contact Blue Foundry Bank

Your information is never shared without your permission.

Ready to Apply for an SBA Loan?

Check if you qualify in minutes — no impact to your credit score.

Check My Eligibility at SmartBiz →Browse New Jersey Lenders

SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days