Eastern Bank: SBA Lending Activity & Industry Focus

Top lender in MassachusettsSmall loan specialistTrending upRecently activeDiverse industry mix

Based on historical SBA 7(a) lending data.

Total Approvals

421

by Eastern Bank

Total Volume

$65,704,800

approved amount

Median Loan Size

$75,000

per approval

Recent Activity

51

last 90 days through Dec 2025

Eastern Bank is a lender serving Massachusetts and New Hampshire and Rhode Island lending across 49 different industries. With 421 SBA 7(a) approvals and a typical loan size of $75,000, their lending data provides a detailed picture of where and how they deploy SBA capital.

What you should know

Key insights derived from Eastern Bank's SBA 7(a) lending history

Accelerating SBA activity

Eastern Bank's SBA lending is trending up — 54 approvals in the last 6 months vs. 29 in the prior period (+86%). Increasing volume can signal improved capacity and appetite for new borrowers.

Sweet spot: $50K–$150K loans

44% of Eastern Bank's SBA loans fall in the $50K–$150K range. Their typical loan (median) is $75,000, with the middle 50% of loans between $40,000 and $150,000. If your loan request is in this range, you may see a faster, smoother process.

Local lender: primarily Massachusetts

Eastern Bank focuses their SBA lending in 3 states, with 87% in Massachusetts. Local lenders often prioritize community relationships and may be easier to work with if you're in their market.

Active SBA participant

Eastern Bank has 421 SBA 7(a) approvals on record. While not among the highest-volume lenders, they maintain an active SBA program. Response times and processing experience may vary.

Smaller loan specialist

Eastern Bank's median loan of $75,000 is well below the SBA 7(a) average. They appear to specialize in smaller loans — making them a strong option if you need under $300,000 and may face minimum-amount barriers elsewhere.

Diversified: 49 industries served

Eastern Bank lends across 49 different industry sectors with no single industry dominating. This broad experience means they can likely evaluate most business types, though they may not have deep expertise in any specific niche.

Lending trends for Eastern Bank

14%loan volume YoY
4%dollar volume YoY
Total loaned ($)
Median loan size
Aug '23Jan '24Apr '24Jul '24Nov '24Feb '25May '25Aug '25

Loan size distribution

Based on 439 SBA 7(a) approvals

Under $50K128 (29%)
$50K–$150K194 (44%)
$150K–$350K70 (16%)
$350K–$1M39 (9%)
$1M–$5M8 (2%)
Over $5M0 (0%)

Summary

Median (50th percentile)

$75,000

25th percentile

$40,000

75th percentile

$150,000

Average

$153,420

Typical range

$40,000
$150,000

States served

Less active
More active

State-by-state lending activity

#StateApprovals
1Massachusetts366
2New Hampshire34
3Rhode Island21

Eastern Bank by industry

Industry focus

Recent SBA 7(a) approvals by Eastern Bank

MonthBorrowerAmount
2025-12ROO*****LLC$150,000
2025-12MAI***** PC$150,000
2025-12Sav*****Inc$25,000
2025-12Sav*****Inc$75,000
2025-12ALI*****ORP$62,200
2025-11O'C*****LLC$52,000
2025-11E J*****LLC$25,000
2025-11Leo*****Inc$100,000
2025-11A-Z*****INC$99,900
2025-11JBJ*****INC$200,000
2025-11O'C*****LLC$75,000
2025-11THE*****LLC$37,200
2025-11JLE*****INC$43,500
2025-11HAR*****ICE$30,000
2025-11CAM*****INC$54,000
2025-11ZIT*****INC$88,700
2025-11NOB*****LLC$48,800
2025-11TOD*****LLC$70,000
2025-11NOB*****LLC$12,200
2025-11BOS*****INC$67,600
2025-11PAS***** PC$40,500
2025-08PRE*****INC$50,000
2025-08FIN*****INC$100,000
2025-08SON*****LON$40,000
2025-08RAV*****LLC$50,000
2025-08JOE*****LLC$100,000
2025-08ABR*****INC$86,000
2025-08MH *****INC$100,000
2025-08GFM*****nc.$1,000,000
2025-08B &*****LLC$50,000
2025-08DEB*****CO.$100,000
2025-08FEN*****LLC$50,000
2025-08SIR*****OUX$70,000
2025-08AUT*****LLC$100,000
2025-08Lut*****LLC$385,000
2025-08Lut*****LLC$275,000
2025-08PRE*****INC$151,000
2025-08RED*****LLC$250,000
2025-07FIN*****NC.$250,000
2025-07Cum*****LLC$150,000
2025-06H S*****INC$50,000
2025-06Smi*****nc.$250,000
2025-06CHA*****ESS$23,000
2025-06BOC*****LLC$50,000
2025-06STR*****INC$50,000
2025-06EMM*****EST$50,000
2025-06Tri*****LLC$468,000
2025-06NOR*****NC.$99,000
2025-06ASZ*****INC$69,500
2025-06162*****ANY$25,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Check your fit with Eastern Bank

See how well this lender matches your specific business profile.

Check your lender fit