8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 7, 2004

UNITY BANCORP, INC.

(Exact name of registrant as specified in its charter)

New Jersey	1-12431	22-3282551
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
64 OLD HIGHWAY 22, CLINTON, NEW JERSEY		08809
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code (908) 730-7630

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c)

Item 8.01. Other Events

The Registrant issued a press release on December 7, 2004 announcing that Unity Bank has been named among the top 40 SBA lenders in the nation, the full text of which, filed as Exhibit 99.1 with this Current Report on Form 8-K, is hereby incorporated by reference in response to this Item.

Item 9.01. Financial Statements and Exhibits

The following exhibit is filed with this Current Report on Form 8-K.

EXHIBIT NO.	DESCRIPTION
99.1	Press Release dated December 7, 2004.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	UNITY BANCORP, INC.
	(Registrant)
Dated: December 8, 2004	By:	/s/ Alan J. Bedner, Jr.
	Alan J. Bedner, Jr.
	EVP and Chief Financial Officer

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INDEX TO EXHIBITS

Exhibit	Description
99.1	Press Release dated December 7, 2004.

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EX-99.1

Exhibit 99.1

Unity Bancorp, Inc.

64 Old Highway 22

Clinton, NJ 08809

800 618-BANK

ww.unitybank.com

NewsNewsNewsNewsNews

For Immediate Release:

December 7, 2004

News Media & Financial Analyst Contact:

Alan J. Bedner, EVP

Chief Financial Officer

(908) 713-4308

Unity Bank Named Among Top 40 SBA Lenders in Nation

Clinton, NJ – Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced today, that for the fourth consecutive year, Unity was awarded the SBA Distinguished Lenders Award from the Newark, New Jersey District Office for being the #1 SBA lender in the State of New Jersey in the mid-sized bank category.  Unity also received the SBA Silver Award based on the volume of loans for the fiscal year ended September 30, 2004. In addition, Unity was ranked the 34^th largest SBA lender in the United States for the fiscal year ended September 30, 2004, according to the Coleman Report issued November 1, 2004.

Unity’s total SBA 7(a) loan volume for the fiscal year ending on September 30, 2004 totaled $64.1 million with approximately $36 million in the New Jersey market place. “Our officers are exceptional in assessing the needs of small businesses and providing customized service with this extraordinary lending program,” said James A. Hughes, President and Chief Executive Officer. “These loans help create and retain jobs and have a significant impact on the economy of the state.”

“SBA and small business lending represent a significant part of our overall business plan,” said Michael Downes, Chief Lending Officer. “We are pleased to assist many small businesses in starting and growing their enterprises.  Entrepreneurs represent the lifeblood of the local New Jersey economy, and we are proud to assist them and help our local communities.”

The SBA was founded in 1953 to stimulate economic growth by providing lenders with partial guarantees for small business loans, including loans for real estate, fixtures, machinery and equipment, working capital and many other business needs. Unity Bank is a “Preferred Lender”

in the New York, Pennsylvania, Delaware and New Jersey marketplaces, enabling Unity to provide quicker processing and approval times.

Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with $494 million in assets and $424 million in deposits. Unity Bank provides financial services to retail, corporate & small business customers through its 13 retail service centers located in Hunterdon, Middlesex, Somerset and Union counties in New Jersey.  For additional information about Unity visit our website at www.unitybank.com or call 800 618-BANK.

This news release contains certain forward-looking statements, either expressed or implied, which are provided to assist the reader in understanding anticipated future financial performance.  These statements involve certain risks, uncertainties, estimates and assumptions made by management, which are subject to factors beyond the company’s control and could impede its ability to achieve these goals.  These factors include general economic conditions, trends in interest rates, the ability of our borrowers to repay their loans, and results of regulatory exams, among other factors.