South Eastern Economic Development approved 23 SBA loans worth $2.9M between October 2021 and June 2026, ranking #832 of 2,283 SBA lenders nationally by loan count. Its median loan was $102,500, and 61% went to startups or businesses under two years old. It lent in 2 states, most often in Massachusetts, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 15 | $2.1M | $115,000 | #61 |
| Rhode Island | 8 | $892K | $101,250 | #29 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 9 | $102,500 | |
| Health care and social assistance | 2 | $112,500 | |
| Arts, entertainment and recreation | 2 | $135,000 | |
| Retail | 2 | $152,500 | |
| Transportation and warehousing | 2 | $80,050 | |
| Education | 1 | $115,000 | |
| Administrative and support services | 1 | $65,000 | |
| Professional and technical services | 1 | $100,000 | |
| Other services (repair, personal care) | 1 | $238,000 | |
| Manufacturing | 1 | $225,000 |