BankGloucester approved 10 SBA loans worth $1.3M between October 2021 and June 2026, ranking #1219 of 2,283 SBA lenders nationally by loan count. Its median loan was $100,000, and 20% went to startups or businesses under two years old. It lent in 1 states, most often in Massachusetts, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 10 | $1.3M | $100,000 | #77 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 5 | $100,000 | |
| Retail | 3 | $150,000 | |
| Finance and insurance | 2 | $250,000 |