Middlesex Savings Bank approved 33 SBA loans worth $8.9M between October 2021 and June 2026, ranking #697 of 2,283 SBA lenders nationally by loan count. Its median loan was $112,000, and 64% went to startups or businesses under two years old. It lent in 2 states, most often in Massachusetts, and its most financed industry was professional and technical services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 32 | $8.7M | $106,000 | #42 |
| Rhode Island | 1 | $150K | $150,000 | #91 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Professional and technical services | 7 | $40,000 | |
| Health care and social assistance | 6 | $175,000 | |
| Construction | 5 | $255,600 | |
| Manufacturing | 4 | $368,800 | |
| Retail | 4 | $122,500 | |
| Administrative and support services | 3 | $75,000 | |
| Other services (repair, personal care) | 2 | $65,000 | |
| Restaurants and hotels | 2 | $60,000 |