South Eastern Economic Development approved 71 SBA loans worth $52.3M between October 2021 and June 2026, ranking #449 of 2,283 SBA lenders nationally by loan count. Its median loan was $601,000, and 15% went to startups or businesses under two years old. It lent in 2 states, most often in Massachusetts, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 62 | $47.9M | $650,500 | #28 |
| Rhode Island | 9 | $4.3M | $434,000 | #26 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 17 | $791,000 | |
| Retail | 12 | $471,500 | |
| Construction | 12 | $646,500 | |
| Professional and technical services | 7 | $413,000 | |
| Manufacturing | 6 | $724,000 | |
| Other services (repair, personal care) | 5 | $399,000 | |
| Health care and social assistance | 4 | $353,500 | |
| Real estate and rental | 3 | $354,000 | |
| Administrative and support services | 3 | $1,027,000 | |
| Agriculture, forestry and fishing | 1 | $473,000 |