119 SBA loans worth $23.1M went to businesses in Lawrence, MA between October 2021 and June 2026, from 27 lenders. Eastern Bank made the most, 27 loans. The median loan was $75,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Eastern Bank Bank · Boston, MA | 27 | $3.8M | $92,000 | 15% |
| 2 | TD Bank Bank · Wilmington, DE | 24 | $1.1M | $25,000 | 42% |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 15 | $518K | $30,000 | 13% |
| 4 | Granite State Economic Development Certified development company · Portsmouth, NH | 6 | $1.6M | $221,000 | 0% |
| 5 | Reading Co-Operative Bank Bank · Reading, MA | 5 | $1.3M | $300,000 | 20% |
| 6 | Northeast Bank Bank · Portland, ME | 5 | $706K | $150,000 | 0% |
| 7 | Savings Bank Bank · Wakefield, MA | 4 | $484K | $100,000 | 50% |
| 8 | New England Certified Development Certified development company · Wakefield, MA | 3 | $1.6M | $545,000 | 0% |
| 9 | Salem Five Cents Savings Bank Bank · Salem, MA | 3 | $450K | $75,000 | 33% |
| 10 | Rockland Trust Bank · Rockland, MA | 3 | $183K | $60,000 | 33% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 2 | $3.3M | $1,650,000 | 0% |
| 12 | Newtek Bank Bank · Miami, FL | 2 | $400K | $200,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $300K | $150,000 | 0% |
| 14 | Huntington National Bank Bank · Columbus, OH | 2 | $289K | $144,650 | 100% |
| 15 | Santander Bank Bank · Wilmington, DE | 2 | $170K | $85,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 18 | $57,500 | TD Bank | |
| Other services (repair, personal care) | 16 | $44,150 | Eastern Bank | |
| Retail | 16 | $110,000 | Eastern Bank | |
| Restaurants and hotels | 12 | $150,000 | Eastern Bank | |
| Transportation and warehousing | 11 | $32,900 | TD Bank | |
| Health care and social assistance | 11 | $100,000 | Live Oak Banking | |
| Manufacturing | 10 | $100,500 | Eastern Bank | |
| Professional and technical services | 7 | $100,000 | BayFirst National Bank |