Finance & insurance lenders in Essex, MA
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
22 institutions have SBA 7(a) loans on record to this industry in Essex, MA, together $24.7M across 88 loans. Salem Five Cents Savings Bank is the largest, with 26% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Salem Five Cents Savings Bank | 13 | $6.4M | 25.9% |
| 2 | Live Oak Banking Company | 3 | $2.8M | 11.3% |
| 3 | Eastern Bank | 44 | $2.2M | 9.1% |
| 4 | Rockland Trust Company | 2 | $2.2M | 8.7% |
| 5 | Pentucket Bank | 1 | $2.0M | 8.1% |
| 6 | TruNorth Bank | 6 | $1.9M | 7.6% |
| 7 | Northern Bank and Trust Company | 1 | $1.5M | 6.2% |
| 8 | Cambridge Savings Bank | 1 | $1.5M | 6.1% |
| 9 | Happen Bank | 1 | $1.0M | 4.1% |
| 10 | BankGloucester | 2 | $500K | 2.0% |
| 11 | Newburyport Five Cents Savings Bank | 1 | $500K | 2.0% |
| 12 | BayFirst National Bank | 1 | $350K | 1.4% |
| 13 | Grasshopper Bank National Association | 1 | $350K | 1.4% |
| 14 | East Cambridge Savings Bank | 1 | $300K | 1.2% |
| 15 | Connecticut Community Bank, National Association | 1 | $291K | 1.2% |
| 16 | Manufacturers and Traders Trust Company | 3 | $250K | 1.0% |
| 17 | Northeast Bank | 1 | $250K | 1.0% |
| 18 | United Midwest Savings Bank National Association | 1 | $150K | 0.6% |
| 19 | Haverhill Bank | 1 | $100K | 0.4% |
| 20 | Needham Bank | 1 | $50K | 0.2% |
| 21 | TD Bank, National Association | 1 | $48K | 0.2% |
| 22 | Capital One National Association | 1 | $35K | 0.1% |
See finance & insurance lenders nationally
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.