103 SBA loans worth $36.3M went to businesses in Methuen, MA between October 2021 and June 2026, from 23 lenders. Manufacturers and Traders Trust made the most, 22 loans. The median loan was $100,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 22 | $1.3M | $30,000 | 23% |
| 2 | Eastern Bank Bank · Boston, MA | 20 | $1.5M | $58,250 | 5% |
| 3 | TD Bank Bank · Wilmington, DE | 11 | $1.7M | $75,000 | 45% |
| 4 | Bay Colony Development Certified development company · Waltham, MA | 9 | $6.4M | $394,000 | 0% |
| 5 | Rockland Trust Bank · Rockland, MA | 9 | $2.2M | $100,000 | 0% |
| 6 | Granite State Economic Development Certified development company · Portsmouth, NH | 6 | $5.0M | $545,500 | 17% |
| 7 | Bank of America Bank · Charlotte, NC | 6 | $2.3M | $275,000 | 17% |
| 8 | Huntington National Bank Bank · Columbus, OH | 2 | $1.3M | $666,500 | 100% |
| 9 | New England Certified Development Certified development company · Wakefield, MA | 2 | $724K | $362,000 | 0% |
| 10 | Primary Bank Bank · Bedford, NH | 2 | $274K | $136,750 | 0% |
| 11 | Webster Bank Bank · Stamford, CT | 2 | $168K | $84,000 | 0% |
| 12 | Newtek Bank Bank · Miami, FL | 1 | $5.0M | $5,000,000 | 0% |
| 13 | Belmont Bank & Trust Bank · Chicago, IL | 1 | $2.5M | $2,500,000 | 100% |
| 14 | Beacon Bank and Trust Bank · Boston, MA | 1 | $2.4M | $2,410,000 | 0% |
| 15 | First National Bank of Pennsylvania Bank · Greenville, PA | 1 | $1.6M | $1,582,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 14 | $125,000 | Eastern Bank | |
| Retail | 14 | $100,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 12 | $78,250 | Eastern Bank | |
| Professional and technical services | 12 | $87,500 | Eastern Bank | |
| Transportation and warehousing | 10 | $37,500 | Manufacturers and Traders Trust | |
| Health care and social assistance | 9 | $115,000 | Manufacturers and Traders Trust | |
| Restaurants and hotels | 7 | $633,000 | Granite State Economic Development | |
| Manufacturing | 7 | $629,800 | Bank of America |