29 SBA loans worth $6.8M went to businesses in Dracut, MA between October 2021 and June 2026, from 11 lenders. Rockland Trust made the most, 6 loans. The median loan was $166,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Rockland Trust Bank · Rockland, MA | 6 | $1.0M | $57,100 | 33% |
| 2 | Bay Colony Development Certified development company · Waltham, MA | 5 | $2.8M | $564,000 | 20% |
| 3 | TD Bank Bank · Wilmington, DE | 5 | $279K | $25,000 | 80% |
| 4 | Granite State Economic Development Certified development company · Portsmouth, NH | 3 | $998K | $363,000 | 67% |
| 5 | Eastern Bank Bank · Boston, MA | 3 | $120K | $35,000 | 33% |
| 6 | Salem Five Cents Savings Bank Bank · Salem, MA | 2 | $150K | $75,000 | 0% |
| 7 | Jeanne D' Arc CU Credit union · Lowell, MA | 1 | $450K | $450,000 | 100% |
| 8 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $350K | $350,000 | 0% |
| 9 | Northeast Bank Bank · Portland, ME | 1 | $280K | $280,000 | 0% |
| 10 | Northern Bank and Trust Bank · Woburn, MA | 1 | $246K | $246,000 | 0% |
| 11 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $45K | $45,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 10 | $55,000 | Salem Five Cents Savings Bank | |
| Restaurants and hotels | 5 | $195,000 | Rockland Trust | |
| Other services (repair, personal care) | 4 | $199,000 | Eastern Bank | |
| Retail | 4 | $315,000 | Newtek Small Business Finance | |
| Health care and social assistance | 2 | $316,000 | Bay Colony Development | |
| Administrative and support services | 1 | $20,000 | TD Bank | |
| Arts, entertainment and recreation | 1 | $450,000 | Jeanne D' Arc CU | |
| Finance and insurance | 1 | $25,000 | TD Bank |