35 SBA loans worth $9.8M went to businesses in North Reading, MA between October 2021 and June 2026, from 9 lenders. Eastern Bank made the most, 15 loans. The median loan was $79,300, compared with $145,000 across Massachusetts, and administrative and support services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Eastern Bank Bank · Boston, MA | 15 | $1.7M | $75,000 | 7% |
| 2 | Bay Colony Development Certified development company · Waltham, MA | 5 | $5.7M | $743,000 | 0% |
| 3 | Salem Five Cents Savings Bank Bank · Salem, MA | 4 | $575K | $137,500 | 0% |
| 4 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $133K | $48,800 | 100% |
| 5 | Granite State Economic Development Certified development company · Portsmouth, NH | 2 | $1.1M | $546,000 | 0% |
| 6 | Cambridge Savings Bank Bank · Cambridge, MA | 2 | $150K | $75,000 | 50% |
| 7 | TD Bank Bank · Wilmington, DE | 2 | $35K | $17,500 | 50% |
| 8 | Rockland Trust Bank · Rockland, MA | 1 | $240K | $240,000 | 0% |
| 9 | Needham Bank Bank · Needham, MA | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 8 | $100,000 | Eastern Bank | |
| Construction | 7 | $250,000 | Eastern Bank | |
| Other services (repair, personal care) | 6 | $64,400 | Manufacturers and Traders Trust | |
| Professional and technical services | 5 | $75,000 | Cambridge Savings Bank | |
| Retail | 3 | $125,000 | Eastern Bank | |
| Wholesale trade | 3 | $79,300 | Eastern Bank | |
| Health care and social assistance | 1 | $2,884,000 | Bay Colony Development | |
| Manufacturing | 1 | $18,000 | Eastern Bank |