39 SBA loans worth $16.7M went to businesses in Nantucket, MA between October 2021 and June 2026, from 16 lenders. Cape Cod Five Cents Savings Bank made the most, 9 loans. The median loan was $100,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Cape Cod Five Cents Savings Bank Bank · Hyannis, MA | 9 | $865K | $50,000 | 33% |
| 2 | Bank of America Bank · Charlotte, NC | 4 | $1.5M | $125,000 | 25% |
| 3 | Eastern Bank Bank · Boston, MA | 4 | $354K | $93,000 | 0% |
| 4 | Rockland Trust Bank · Rockland, MA | 4 | $320K | $80,000 | 100% |
| 5 | New England Certified Development Certified development company · Wakefield, MA | 3 | $3.3M | $1,235,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 3 | $525K | $250,000 | 0% |
| 7 | Seacoast National Bank Bank · Stuart, FL | 2 | $2.8M | $1,412,000 | 0% |
| 8 | Granite State Economic Development Certified development company · Portsmouth, NH | 2 | $2.6M | $1,315,000 | 50% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $1.9M | $1,867,600 | 100% |
| 10 | KeyBank Bank · Cleveland, OH | 1 | $1.1M | $1,150,000 | 0% |
| 11 | Cape & Islands Community Development Certified development company · Centerville, MA | 1 | $501K | $501,000 | 0% |
| 12 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $260K | $260,000 | 0% |
| 13 | Newtek Bank Bank · Miami, FL | 1 | $250K | $250,000 | 0% |
| 14 | Bay Colony Development Certified development company · Waltham, MA | 1 | $231K | $231,000 | 0% |
| 15 | U.S. Bank Bank · Cincinnati, OH | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 16 | $100,000 | Eastern Bank | |
| Administrative and support services | 6 | $267,500 | Seacoast National Bank | |
| Retail | 5 | $85,000 | Cape Cod Five Cents Savings Bank | |
| Restaurants and hotels | 4 | $1,572,300 | Granite State Economic Development | |
| Other services (repair, personal care) | 2 | $60,000 | Cape Cod Five Cents Savings Bank | |
| Real estate and rental | 2 | $275,500 | Cape & Islands Community Development | |
| Professional and technical services | 2 | $145,500 | Celtic Bank | |
| Arts, entertainment and recreation | 1 | $250,000 | Northeast Bank |