111 SBA loans worth $29.8M went to businesses in Peabody, MA between October 2021 and June 2026, from 29 lenders. Eastern Bank made the most, 32 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 | Eastern Bank Bank · Boston, MA | 32 | $2.0M | $50,000 | 6% |
| 2 | TD Bank Bank · Wilmington, DE | 21 | $2.3M | $50,000 | 52% |
| 3 | Salem Five Cents Savings Bank Bank · Salem, MA | 7 | $1.8M | $135,000 | 0% |
| 4 | Granite State Economic Development Certified development company · Portsmouth, NH | 5 | $7.6M | $687,000 | 20% |
| 5 | Manufacturers and Traders Trust Bank · Buffalo, NY | 5 | $495K | $100,000 | 20% |
| 6 | Beacon Bank and Trust Bank · Boston, MA | 4 | $1.2M | $350,000 | 25% |
| 7 | Webster Bank Bank · Stamford, CT | 4 | $912K | $141,000 | 100% |
| 8 | TruNorth Bank Bank · Peabody, MA | 3 | $850K | $300,000 | 33% |
| 9 | Newtek Bank Bank · Miami, FL | 3 | $650K | $125,000 | 33% |
| 10 | Rockland Trust Bank · Rockland, MA | 2 | $1.3M | $652,500 | 0% |
| 11 | Bay Colony Development Certified development company · Waltham, MA | 2 | $746K | $373,000 | 0% |
| 12 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 2 | $703K | $351,350 | 0% |
| 13 | Huntington National Bank Bank · Columbus, OH | 2 | $435K | $217,500 | 0% |
| 14 | Newburyport Five Cents Savings Bank Bank · Newburyport, MA | 2 | $370K | $185,000 | 0% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $199K | $99,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 23 | $100,000 | TD Bank | |
| Administrative and support services | 17 | $50,000 | Eastern Bank | |
| Health care and social assistance | 15 | $332,000 | Eastern Bank | |
| Other services (repair, personal care) | 12 | $43,500 | Eastern Bank | |
| Professional and technical services | 10 | $75,000 | Eastern Bank | |
| Retail | 8 | $134,000 | Eastern Bank | |
| Transportation and warehousing | 6 | $87,000 | TD Bank | |
| Restaurants and hotels | 6 | $493,500 | Lendistry SBLC |