US Lender Metrics
    Get a Lender Match
    Home › Lender directory › TruNorth Bank
    Bank · Peabody, MA

    TruNorth Bank: SBA lending profile

    SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026
    25
    SBA loans approved
    $7.4M
    Total approved
    $275,000
    Median loan
    1
    States lent in
    32%
    To startups
    #800
    National rank by loans

    TruNorth Bank approved 25 SBA loans worth $7.4M between October 2021 and June 2026, ranking #800 of 2,283 SBA lenders nationally by loan count. Its median loan was $275,000, and 32% went to startups or businesses under two years old. It lent in 1 states, most often in Massachusetts, and its most financed industry was restaurants and hotels.

    SBA loans per fiscal year

    0102030FY14: 16 loansFY14FY15: 12 loansFY15FY16: 15 loansFY16FY17: 17 loansFY17FY18: 20 loansFY18FY19: 23 loansFY1923FY20: 10 loansFY20FY21: 15 loansFY21FY22: 10 loansFY22FY23: 12 loansFY23FY24: 2 loansFY24FY25: 1 loansFY251
    Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

    Where TruNorth Bank lends

    StateLoansApprovedMedian loanRank in state
    Massachusetts25$7.4M$275,000#46

    Industries TruNorth Bank finances

    IndustryLoansShareMedian loan
    Restaurants and hotels8
    32%
    		$225,000
    Other services (repair, personal care)3
    12%
    		$100,000
    Manufacturing3
    12%
    		$300,000
    Professional and technical services2
    8%
    		$255,000
    Retail2
    8%
    		$335,500
    Construction2
    8%
    		$250,000
    Wholesale trade2
    8%
    		$175,000
    Administrative and support services1
    4%
    		$500,000
    Arts, entertainment and recreation1
    4%
    		$50,000
    Health care and social assistance1
    4%
    		$350,000
    Loan size mix
    • Under $150,00016%
    • $150,000 to $500,00068%
    • $500,000 to $2 million16%
    • $2 million and up0%
    Loan programs used
    • Preferred Lender (PLP)68%
    • SBA Express32%
    SBA Lenders by StateLender DirectoryLender MatchMethodologyAboutPrivacyTermsDisclaimerContact
    Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.