51 SBA loans worth $11.3M went to businesses in Medford, MA between October 2021 and June 2026, from 16 lenders. Eastern Bank made the most, 17 loans. The median loan was $140,000, compared with $145,000 across Massachusetts, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Eastern Bank Bank · Boston, MA | 17 | $2.1M | $86,100 | 18% |
| 2 | Beacon Bank and Trust Bank · Boston, MA | 9 | $1.3M | $50,000 | 56% |
| 3 | Celtic Bank Bank · Salt Lake City, UT | 4 | $1.5M | $486,500 | 0% |
| 4 | TD Bank Bank · Wilmington, DE | 4 | $275K | $50,000 | 50% |
| 5 | Salem Five Cents Savings Bank Bank · Salem, MA | 3 | $1.0M | $250,000 | 0% |
| 6 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $770K | $385,000 | 50% |
| 7 | Northeast Bank Bank · Portland, ME | 2 | $600K | $300,000 | 0% |
| 8 | Cambridge Savings Bank Bank · Cambridge, MA | 2 | $347K | $173,500 | 100% |
| 9 | Freedom Bank of Virginia Bank · Fairfax, VA | 1 | $1.0M | $1,000,000 | 0% |
| 10 | New England Certified Development Certified development company · Wakefield, MA | 1 | $784K | $784,000 | 0% |
| 11 | Citizens Bank Bank · Providence, RI | 1 | $500K | $500,000 | 0% |
| 12 | Webster Bank Bank · Stamford, CT | 1 | $340K | $340,000 | 0% |
| 13 | Bay Colony Development Certified development company · Waltham, MA | 1 | $307K | $307,000 | 100% |
| 14 | Bank of America Bank · Charlotte, NC | 1 | $250K | $250,000 | 0% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 9 | $50,000 | Northeast Bank | |
| Retail | 9 | $75,000 | Eastern Bank | |
| Professional and technical services | 8 | $138,500 | Beacon Bank and Trust | |
| Health care and social assistance | 5 | $250,000 | Salem Five Cents Savings Bank | |
| Transportation and warehousing | 4 | $486,500 | Celtic Bank | |
| Restaurants and hotels | 3 | $100,000 | TD Bank | |
| Manufacturing | 3 | $307,000 | Beacon Bank and Trust | |
| Construction | 3 | $475,000 | Eastern Bank |