SBA Loans for Other Marine Fishing in Massachusetts: Top Lenders
NAICS 114NAICS 114 covers other marine fishing businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Massachusetts
Median Loan Size
$87,500
per approval
Recent Activity
0
last 90 days through Feb 2021
NAICS 114 covers other marine fishing businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $87,500.
Key trends & insights
- Other Marine Fishing in Massachusetts lending is concentrated — Webster Bank, National Association, TD Bank, National Association, Eastern Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Webster Bank, National Association leads this industry with 2 approvals (50% market share) and a median loan of $1,855,750.
- Other Marine Fishing in Massachusetts loans skew smaller than the SBA average at $87,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2021-02-10 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Other Marine Fishing in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $1,855,750 | |
| 2 | 1 | $75,000 | |
| 3 | 1 | $25,000 |
Recent SBA 7(a) approvals for Other Marine Fishing in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-02 | Eastern Bank | JAM*****ICK | PLYMOUTH, MA | $25,000 |
| 2020-08 | TD Bank, National Association | FV *****NC. | Gloucester, MA | $75,000 |
| 2020-02 | Webster Bank National Association | Car*****nc. | New Bedford, MA | $100,000 |
| 2020-02 | Webster Bank National Association | Car*****nc. | New Bedford, MA | $3,611,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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