Eastern Bank
20 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 20
- Total approved
- $10.9M
- Median loan
- $338K
- Middle half of loans
- $148K to $511K
- Median starting rate
- 8.38%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 12 industries and 2 states and territories. The largest industry by count was Breweries (3 of 20 approvals). Massachusetts had the highest count among recorded project locations (19).
The median approved loan was $338K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Breweries | 3 | 15% | $52K | $442K |
| 2 | Other Commercial and Industrial Machinery and Equipment Rental and Leasing | 2 | 10% | $1.5M | $2.9M |
| 3 | Full-Service Restaurants | 2 | 10% | $850K | $1.7M |
| 4 | Plumbing, Heating, and Air-Conditioning Contractors | 2 | 10% | $775K | $1.6M |
| 5 | Roofing Contractors | 2 | 10% | $748K | $1.5M |
| 6 | Other Personal and Household Goods Repair and Maintenance | 2 | 10% | $238K | $476K |
| 7 | Child Care Services | 2 | 10% | $158K | $316K |
| 8 | Car Washes | 1 | 5% | $558K | $558K |
| 9 | General Automotive Repair | 1 | 5% | $495K | $495K |
| 10 | Limited-Service Restaurants | 1 | 5% | $461K | $461K |
| 11 | Wholesale Trade Agents and Brokers | 1 | 5% | $350K | $350K |
| 12 | Pet Care (except Veterinary) Services | 1 | 5% | $140K | $140K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Massachusetts | 19 | 95% | $350K | $10.7M |
| 2 | Rhode Island | 1 | 5% | $200K | $200K |