34 SBA loans worth $6.5M went to businesses in Stoneham, MA between October 2021 and June 2026, from 15 lenders. Eastern Bank made the most, 10 loans. The median loan was $97,500, 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 | 10 | $755K | $55,000 | 10% |
| 2 | Salem Five Cents Savings Bank Bank · Salem, MA | 5 | $1.8M | $150,000 | 0% |
| 3 | United Midwest Savings Bank Bank · Degraff, OH | 4 | $960K | $150,000 | 100% |
| 4 | Northeast Bank Bank · Portland, ME | 2 | $371K | $185,550 | 50% |
| 5 | Celtic Bank Bank · Salt Lake City, UT | 2 | $300K | $150,000 | 0% |
| 6 | Northern Bank and Trust Bank · Woburn, MA | 2 | $100K | $50,000 | 50% |
| 7 | First Bank of the Lake Bank · Osage Beach, MO | 1 | $750K | $750,000 | 100% |
| 8 | Rockland Trust Bank · Rockland, MA | 1 | $495K | $495,000 | 100% |
| 9 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $329K | $329,000 | 0% |
| 10 | Bay Colony Development Certified development company · Waltham, MA | 1 | $197K | $197,000 | 0% |
| 11 | Needham Bank Bank · Needham, MA | 1 | $180K | $180,000 | 0% |
| 12 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $100K | $100,000 | 0% |
| 13 | Santander Bank Bank · Wilmington, DE | 1 | $60K | $60,000 | 0% |
| 14 | TD Bank Bank · Wilmington, DE | 1 | $50K | $50,000 | 0% |
| 15 | Bank of America Bank · Charlotte, NC | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 8 | $105,000 | Eastern Bank | |
| Restaurants and hotels | 4 | $72,500 | Northern Bank and Trust | |
| Professional and technical services | 4 | $199,050 | Northeast Bank | |
| Real estate and rental | 4 | $102,500 | Salem Five Cents Savings Bank | |
| Administrative and support services | 3 | $210,000 | Eastern Bank | |
| Manufacturing | 3 | $150,000 | Celtic Bank | |
| Other services (repair, personal care) | 2 | $69,850 | Eastern Bank | |
| Retail | 2 | $70,000 | Manufacturers and Traders Trust |