Webster Five Cents Savings Bank approved 60 SBA loans worth $11.0M between October 2021 and June 2026, ranking #496 of 2,283 SBA lenders nationally by loan count. Its median loan was $80,000, and 5% went to startups or businesses under two years old. It lent in 1 states, most often in Massachusetts, and its most financed industry was professional and technical services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 60 | $11.0M | $80,000 | #29 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Professional and technical services | 12 | $250,000 | |
| Health care and social assistance | 10 | $65,000 | |
| Construction | 9 | $50,000 | |
| Other services (repair, personal care) | 7 | $70,000 | |
| Administrative and support services | 4 | $50,000 | |
| Manufacturing | 4 | $107,500 | |
| Restaurants and hotels | 3 | $87,200 | |
| Retail | 3 | $250,000 | |
| Arts, entertainment and recreation | 2 | $350,000 | |
| Wholesale trade | 2 | $225,000 |