67 SBA loans worth $20.9M went to businesses in Wakefield, MA between October 2021 and June 2026, from 25 lenders. Eastern Bank made the most, 21 loans. The median loan was $150,000, 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 | 21 | $2.7M | $60,000 | 0% |
| 2 | TD Bank Bank · Wilmington, DE | 5 | $362K | $67,000 | 40% |
| 3 | Savings Bank Bank · Wakefield, MA | 4 | $1.0M | $210,000 | 25% |
| 4 | Bank of America Bank · Charlotte, NC | 3 | $1.4M | $250,000 | 0% |
| 5 | Middlesex Savings Bank Bank · Natick, MA | 3 | $1.2M | $255,600 | 67% |
| 6 | Northeast Bank Bank · Portland, ME | 3 | $1.1M | $350,000 | 0% |
| 7 | Rockland Trust Bank · Rockland, MA | 3 | $790K | $240,000 | 0% |
| 8 | Hanscom FCU Credit union · Hanscom Air Force Base, MA | 3 | $360K | $125,000 | 67% |
| 9 | Newtek Bank Bank · Miami, FL | 2 | $5.0M | $2,500,000 | 100% |
| 10 | New England Certified Development Certified development company · Wakefield, MA | 2 | $2.1M | $1,069,500 | 0% |
| 11 | Leader Bank Bank · Arlington, MA | 2 | $1.0M | $516,500 | 0% |
| 12 | Evolve Bank and Trust Bank · West Memphis, AR | 2 | $599K | $299,400 | 100% |
| 13 | Webster Bank Bank · Stamford, CT | 2 | $500K | $250,000 | 0% |
| 14 | Stearns Bank Bank · St. Cloud, MN | 1 | $580K | $580,000 | 0% |
| 15 | Citizens Bank Bank · Elizabethton, TN | 1 | $484K | $483,800 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 23 | $150,000 | Eastern Bank | |
| Retail | 9 | $135,000 | Eastern Bank | |
| Other services (repair, personal care) | 7 | $150,000 | Eastern Bank | |
| Health care and social assistance | 7 | $250,000 | Eastern Bank | |
| Professional and technical services | 7 | $75,000 | Eastern Bank | |
| Administrative and support services | 6 | $175,000 | Savings Bank | |
| Wholesale trade | 2 | $795,500 | New England Certified Development | |
| Information and media | 2 | $12,500 | Eastern Bank |