Newburyport Five Cents Savings Bank approved 82 SBA loans worth $13.2M between October 2021 and June 2026, ranking #413 of 2,283 SBA lenders nationally by loan count. Its median loan was $100,000, and 55% went to startups or businesses under two years old. It lent in 3 states, most often in Massachusetts, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 47 | $6.9M | $100,000 | #35 |
| New Hampshire | 34 | $6.3M | $92,500 | #20 |
| Maine | 1 | $45K | $45,000 | #80 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 11 | $120,000 | |
| Professional and technical services | 11 | $75,000 | |
| Construction | 10 | $75,000 | |
| Manufacturing | 9 | $100,000 | |
| Restaurants and hotels | 9 | $200,000 | |
| Administrative and support services | 7 | $70,000 | |
| Health care and social assistance | 6 | $100,000 | |
| Arts, entertainment and recreation | 6 | $75,000 | |
| Information and media | 4 | $180,200 | |
| Retail | 3 | $50,000 |