TD Bank, National Association Primrose Schools SBA Loans in New Jersey — 9 Funded
New Jersey loan data 2010–2023 · Updated June 2026
TD Bank, National Association has funded 9 SBA loans to Primrose Schools franchisees in New Jersey, totaling $7.7M in approved financing across 8 cities and 4 congressional districts.
The average Primrose Schools loan in New Jersey from TD Bank, National Association is $859K at a 6.35% average interest rate, with terms averaging 142 months. The New Jersey default rate is 0% based on 6 resolved loans. New Jersey represents 26.5% of TD Bank, National Association's total Primrose Schools lending nationally. These loans collectively support 316 New Jersey jobs. SBA-guaranteed portion totals $5.9M (75.6% of approved volume). 2 of these loans were originated in the last 2 fiscal years.
How New Jersey Compares to TD Bank, National Association's National Primrose Schools Lending
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TD Bank, National Association Primrose Schools Loan Performance in New Jersey
Based on 9 SBA loans originated by TD Bank, National Association for Primrose Schools franchisees with New Jersey addresses, the New Jersey-specific lending relationship spans 2010–2023. Of 6 resolved New Jersey loans, 6 were paid in full and 0 resulted in chargeoffs.
The New Jersey loan size range extends from $200K to $4.0M, indicating TD Bank, National Association funds both smaller single-unit Primrose Schools operations and larger multi-unit or renovation projects in New Jersey. Each loan supports an average of 35 jobs in the local economy, and the portfolio collectively supports 316 New Jersey jobs. Most New Jersey Primrose Schools loans from TD Bank, National Association are classified under "Child Day Care Services" (NAICS).
Recent activity: TD Bank, National Association has originated 2 Primrose Schools New Jersey loans in the last 2 fiscal years and 3 since fiscal year 2020. The most recent Primrose Schools New Jersey approval recorded is from FY2024.
SBA guarantee profile: The SBA-guaranteed portion of TD Bank, National Association's Primrose Schools New Jersey loans averages 75.6% of approved volume, totaling $5.9M in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
The 0% New Jersey default rate is a strong indicator of loan quality. This suggestsTD Bank, National Association has effective underwriting standards for Primrose Schools deals in New Jersey and/or New Jersey Primrose Schools franchisees have strong unit economics that support debt service. For prospective New Jersey borrowers, this is an encouraging signal — TD Bank, National Associationunderstands the Primrose Schools business model in this market and has a track record of successful outcomes here.
SBA Programs Used for Primrose Schools Loans in New Jersey
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 9 | $859K | 6.35% | 142 mo |
Primrose Schools Loan Size Distribution from TD Bank, National Association in New Jersey
How TD Bank, National Association's Primrose Schools New Jersey loan sizes break down by deal size. Useful for sizing your own deal: where do most New Jersey Primrose Schools approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of New Jersey Loans |
|---|---|---|---|
| $150K-$350K | 3 | $272K | 33% |
| $350K-$750K | 5 | $583K | 56% |
| Over $1.5M | 1 | $4.0M | 11% |
How TD Bank, National Association Originates Primrose Schools Loans in New Jersey
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. TD Bank, National Association uses 2 different New Jersey delivery methods for Primrose Schools:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 8 | $941K |
| SBA Express Program | 1 | $200K |
Where in New Jersey TD Bank, National Association Funds Primrose Schools Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Berkeley Heights | 2 | $360K | $720K | N/A |
| Maplewood | 1 | $331K | $331K | N/A |
| Warren | 1 | $658K | $658K | 0% — Low Risk |
| Berkeley Heights | 1 | $696K | $696K | 0% — Low Risk |
| Cherry Hill | 1 | $285K | $285K | 0% — Low Risk |
| Mountainside | 1 | $680K | $680K | 0% — Low Risk |
| Florham Park | 1 | $4.0M | $4.0M | 0% — Low Risk |
| Paramus | 1 | $360K | $360K | 0% — Low Risk |
TD Bank, National Association's strongest Primrose Schools lending presence in New Jersey is concentrated in Berkeley Heights (2 loans), Maplewood (1 loans), Warren (1 loans).
TD Bank, National Association Primrose Schools Lending in New Jersey Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2024 | 2 | $360K | $720K | 8.15% |
| 2021 | 1 | $331K | $331K | 5% |
| 2017 | 2 | $323K | $645K | 6.54% |
| 2013 | 3 | $1.8M | $5.4M | 5.75% |
| 2011 | 1 | $658K | $658K | 5.5% |
Other Lenders That Fund Primrose Schools in New Jersey
TD Bank, National Association is not the only lender funding Primrose Schools in New Jersey. Compare 5 other banks who have originated Primrose Schools SBA loans to New Jersey borrowers.
| Lender | New Jersey Loans | Avg Size | Default Rate |
|---|---|---|---|
| TD Bank, National Association (this page) | 9 | $859K | 0% — Low Risk |
| Empire State Certified Develop | 6 | $2.2M | 0% — Low Risk |
| Trenton Business Assistance Co | 3 | $2.6M | N/A |
| Customers Bank | 2 | $4.3M | N/A |
| Live Oak Banking Company | 2 | $2.7M | N/A |
| Readycap Lending, LLC | 2 | $4.7M | 0% — Low Risk |
Other Franchises TD Bank, National Association Funds in New Jersey
TD Bank, National Association is active in New Jersey franchise lending beyond Primrose Schools. Other New Jersey franchise brands they have funded:
TD Bank, National Association Primrose Schools Lending in Other States
TD Bank, National Association has also funded Primrose Schools franchisees in 4 other states. View state-specific data:
How to Get an SBA Loan for a Primrose Schools Franchise in New Jersey
If you're considering a Primrose Schools franchise in New Jersey and want to finance through TD Bank, National Association or another SBA lender, here's what you need to know based on our analysis of 9 historical New Jersey loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Primrose Schools's franchise fee and total investment determine minimum capital requirements.
Compare New Jersey Lenders
6 lenders have funded Primrose Schools in New Jersey. Lenders with more local Primrose Schools experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches New Jersey borrowers with lenders who have a proven track record funding Primrose Schools in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on New Jersey historical data: The average Primrose Schools SBA loan from TD Bank, National Association in New Jersey is $859K with a 6.35% interest rate and a 142-month term.New Jersey loan amounts range from $200K to $4.0M.
Ready to Fund Your Primrose Schools Franchise in New Jersey?
We connect you with lenders who have already funded Primrose Schools in New Jersey — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.