39 SBA loans worth $10.4M went to businesses in Saugus, MA between October 2021 and June 2026, from 15 lenders. Eastern Bank made the most, 18 loans. The median loan was $80,000, 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 | 18 | $1.5M | $50,000 | 50% |
| 2 | TD Bank Bank · Wilmington, DE | 4 | $150K | $37,500 | 25% |
| 3 | New England Certified Development Certified development company · Wakefield, MA | 2 | $2.2M | $1,092,500 | 0% |
| 4 | Rockland Trust Bank · Rockland, MA | 2 | $1.5M | $762,500 | 50% |
| 5 | Beacon Bank and Trust Bank · Boston, MA | 2 | $500K | $250,000 | 100% |
| 6 | Santander Bank Bank · Wilmington, DE | 2 | $180K | $90,000 | 0% |
| 7 | Newtek Bank Bank · Miami, FL | 1 | $1.0M | $1,000,000 | 0% |
| 8 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $1.0M | $1,000,000 | 0% |
| 9 | Granite State Economic Development Certified development company · Portsmouth, NH | 1 | $959K | $959,000 | 0% |
| 10 | First Merchants Bank Bank · Muncie, IN | 1 | $465K | $465,000 | 100% |
| 11 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 1 | $400K | $399,500 | 0% |
| 12 | Webster Bank Bank · Stamford, CT | 1 | $325K | $325,000 | 0% |
| 13 | Newburyport Five Cents Savings Bank Bank · Newburyport, MA | 1 | $100K | $100,000 | 0% |
| 14 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $90K | $90,000 | 100% |
| 15 | Salem Five Cents Savings Bank Bank · Salem, MA | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 8 | $68,100 | Eastern Bank | |
| Other services (repair, personal care) | 7 | $50,000 | Eastern Bank | |
| Construction | 5 | $80,000 | Santander Bank | |
| Restaurants and hotels | 5 | $90,000 | Eastern Bank | |
| Health care and social assistance | 4 | $442,250 | New England Certified Development | |
| Retail | 4 | $175,000 | Granite State Economic Development | |
| Professional and technical services | 3 | $20,000 | Eastern Bank | |
| Transportation and warehousing | 3 | $25,000 | TD Bank |