Coastal Heritage Bank approved 17 SBA loans worth $5.1M between October 2021 and June 2026, ranking #958 of 2,283 SBA lenders nationally by loan count. Its median loan was $150,000, and 35% went to startups or businesses under two years old. It lent in 1 states, most often in Massachusetts, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 17 | $5.1M | $150,000 | #59 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 3 | $150,000 | |
| Manufacturing | 3 | $600,000 | |
| Health care and social assistance | 3 | $75,000 | |
| Restaurants and hotels | 2 | $237,500 | |
| Retail | 2 | $265,000 | |
| Education | 1 | $145,000 | |
| Finance and insurance | 1 | $30,000 | |
| Professional and technical services | 1 | $100,000 | |
| Other services (repair, personal care) | 1 | $75,000 |