48 SBA loans worth $26.9M went to businesses in Tewksbury, MA between October 2021 and June 2026, from 16 lenders. Salem Five Cents Savings Bank made the most, 10 loans. The median loan was $144,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Salem Five Cents Savings Bank Bank · Salem, MA | 10 | $1.6M | $125,000 | 0% |
| 2 | TD Bank Bank · Wilmington, DE | 8 | $251K | $25,000 | 38% |
| 3 | Bay Colony Development Certified development company · Waltham, MA | 6 | $5.0M | $247,000 | 0% |
| 4 | Granite State Economic Development Certified development company · Portsmouth, NH | 4 | $5.6M | $1,306,000 | 25% |
| 5 | Rockland Trust Bank · Rockland, MA | 3 | $1.1M | $200,000 | 33% |
| 6 | New England Certified Development Certified development company · Wakefield, MA | 3 | $384K | $50,000 | 0% |
| 7 | Customers Bank Bank · Malvern, PA | 2 | $5.0M | $2,500,000 | 100% |
| 8 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $600K | $300,000 | 0% |
| 9 | Bank Five Nine Bank · Oconomowoc, WI | 2 | $539K | $269,500 | 50% |
| 10 | Eastern Bank Bank · Boston, MA | 2 | $120K | $60,000 | 0% |
| 11 | 22nd State Bank, A Division of 22nd State Banking Bank · Mobile, AL | 1 | $4.0M | $3,950,000 | 0% |
| 12 | Colony Bank Bank · Fitzgerald, GA | 1 | $1.9M | $1,929,000 | 0% |
| 13 | Newburyport Five Cents Savings Bank Bank · Newburyport, MA | 1 | $400K | $400,000 | 100% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $265K | $265,000 | 0% |
| 15 | Align Credit Union Credit union · Lowell, MA | 1 | $44K | $44,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 14 | $160,000 | Rockland Trust | |
| Retail | 7 | $350,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 5 | $30,000 | TD Bank | |
| Other services (repair, personal care) | 5 | $85,000 | Bay Colony Development | |
| Health care and social assistance | 4 | $175,000 | Customers Bank | |
| Transportation and warehousing | 3 | $150,000 | Salem Five Cents Savings Bank | |
| Professional and technical services | 3 | $20,000 | TD Bank | |
| Arts, entertainment and recreation | 2 | $2,396,500 | Colony Bank |