Cape and Coast Bank approved 23 SBA loans worth $12.7M between October 2021 and June 2026, ranking #841 of 2,283 SBA lenders nationally by loan count. Its median loan was $275,000, and 30% went to startups or businesses under two years old. It lent in 2 states, most often in Massachusetts, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 22 | $11.4M | $265,500 | #48 |
| Georgia | 1 | $1.4M | $1,360,500 | #245 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 7 | $256,000 | |
| Administrative and support services | 4 | $640,000 | |
| Construction | 3 | $250,000 | |
| Professional and technical services | 3 | $136,300 | |
| Restaurants and hotels | 2 | $531,250 | |
| Real estate and rental | 1 | $250,000 | |
| Other services (repair, personal care) | 1 | $135,000 | |
| Transportation and warehousing | 1 | $1,930,000 | |
| Wholesale trade | 1 | $1,280,000 |