27 SBA loans worth $5.6M went to businesses in Marblehead, MA between October 2021 and June 2026, from 13 lenders. Eastern Bank made the most, 10 loans. The median loan was $125,000, compared with $145,000 across Massachusetts, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Eastern Bank Bank · Boston, MA | 10 | $2.1M | $112,500 | 30% |
| 2 | Salem Five Cents Savings Bank Bank · Salem, MA | 4 | $297K | $61,000 | 0% |
| 3 | Bay Colony Development Certified development company · Waltham, MA | 2 | $707K | $353,500 | 50% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $25K | $12,500 | 100% |
| 5 | Granite State Economic Development Certified development company · Portsmouth, NH | 1 | $1.0M | $1,009,000 | 0% |
| 6 | Rockland Trust Bank · Rockland, MA | 1 | $252K | $252,000 | 100% |
| 7 | Beacon Bank and Trust Bank · Boston, MA | 1 | $250K | $250,000 | 0% |
| 8 | Webster Bank Bank · Stamford, CT | 1 | $250K | $250,000 | 0% |
| 9 | Northeast Bank Bank · Portland, ME | 1 | $250K | $250,000 | 0% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $200K | $200,000 | 0% |
| 11 | Newtek Bank Bank · Miami, FL | 1 | $105K | $105,000 | 100% |
| 12 | Align Credit Union Credit union · Lowell, MA | 1 | $105K | $105,000 | 0% |
| 13 | Cambridge Savings Bank Bank · Cambridge, MA | 1 | $100K | $100,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 4 | $119,500 | Salem Five Cents Savings Bank | |
| Restaurants and hotels | 4 | $300,000 | Eastern Bank | |
| Arts, entertainment and recreation | 3 | $273,700 | Eastern Bank | |
| Other services (repair, personal care) | 3 | $105,000 | Align Credit Union | |
| Retail | 3 | $15,000 | Wells Fargo Bank | |
| Finance and insurance | 2 | $100,000 | Eastern Bank | |
| Construction | 2 | $388,000 | Eastern Bank | |
| Professional and technical services | 2 | $124,150 | Readycap Lending |