43 SBA loans worth $24.6M went to businesses in Chelmsford, MA between October 2021 and June 2026, from 19 lenders. Salem Five Cents Savings Bank made the most, 7 loans. The median loan was $186,500, compared with $145,000 across Massachusetts, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Salem Five Cents Savings Bank Bank · Salem, MA | 7 | $2.0M | $150,000 | 0% |
| 2 | Eastern Bank Bank · Boston, MA | 6 | $464K | $50,000 | 17% |
| 3 | Rockland Trust Bank · Rockland, MA | 4 | $2.1M | $187,500 | 0% |
| 4 | TD Bank Bank · Wilmington, DE | 4 | $185K | $37,500 | 25% |
| 5 | Bay Colony Development Certified development company · Waltham, MA | 3 | $2.1M | $801,000 | 33% |
| 6 | Northeast Bank Bank · Portland, ME | 3 | $470K | $150,000 | 0% |
| 7 | New England Certified Development Certified development company · Wakefield, MA | 2 | $6.3M | $3,128,000 | 50% |
| 8 | Granite State Economic Development Certified development company · Portsmouth, NH | 2 | $2.6M | $1,313,500 | 0% |
| 9 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $415K | $207,500 | 50% |
| 10 | Live Oak Banking Bank · Wilmington, NC | 1 | $5.0M | $5,000,000 | 0% |
| 11 | Citizens Bank Bank · Elizabethton, TN | 1 | $816K | $815,900 | 0% |
| 12 | Newtek Bank Bank · Miami, FL | 1 | $500K | $500,000 | 0% |
| 13 | All One Credit Union Credit union · Leominster, MA | 1 | $450K | $450,000 | 0% |
| 14 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $364K | $364,000 | 100% |
| 15 | Northern Bank and Trust Bank · Woburn, MA | 1 | $326K | $326,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 6 | $130,000 | Salem Five Cents Savings Bank | |
| Restaurants and hotels | 5 | $150,000 | Rockland Trust | |
| Professional and technical services | 5 | $50,000 | Eastern Bank | |
| Construction | 4 | $400,000 | Northeast Bank | |
| Transportation and warehousing | 4 | $501,200 | New England Certified Development | |
| Manufacturing | 3 | $1,536,000 | New England Certified Development | |
| Administrative and support services | 3 | $100,000 | Primary Bank | |
| Real estate and rental | 3 | $801,000 | Bay Colony Development |