STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
152
2010–2025
Total Volume
$48M
Gross loan amounts
States Active
4
With recorded loans
Programs
7(a) & 504
151 total segments
bankHometown has a strong presence in 504 loans, making up 28% of their total SBA deals, which is above the national average of 18%. This indicates they are well-suited for borrowers looking for real estate financing or expansion projects.
With an average 7(a) spread of P+1.65%, bankHometown offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest for borrowers.
The lender's focus is heavily on existing businesses, which make up 80% of their deals. If you're a startup or looking to acquire a business, you may find limited options here, as they primarily serve established companies.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 42 504 loans, which use fixed SBA debenture rates.
States where bankHometown has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Auto Repair & Maintenance
Other Services
Specialty Trade Contractors
Construction
Manufacturing
Manufacturing
Administrative & Waste Services
Administrative & Waste Services
Food & Beverage Stores
Retail Trade
Other Repair & Services
Other Services
+ 7 more
All recorded SBA lending activity for bankHometown, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Specialty Trade Contractors · Under $150K | 7(a) | 9 | P+2.00% | $58K | Q4 2017 |
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 7 | P+2.25% | $55K | Q3 2018 |
| Massachusetts · Other Repair & Services · Under $150K | 7(a) | 6 | P+1.63% | $61K | Q3 2018 |
| Massachusetts · Transportation & Warehousing · Under $150K | 7(a) | 5 | P+1.00% | $74K | Q3 2020 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 7(a) | 5 | P+2.25% | $74K | Q3 2020 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+2.75% | $73K | Q4 2015 |
| Massachusetts · Arts, Entertainment & Recreation · Under $150K | 7(a) | 5 | P+2.00% | $71K | Q3 2019 |
| Massachusetts · Restaurants & Food Service · $150K – $350K | 7(a) | 4 | P+1.94% | $194K | Q2 2016 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 4 | P+1.88% | $79K | Q3 2016 |
| Massachusetts · Engineering & Architecture · Under $150K | 7(a) | 4 | P+2.00% | $63K | Q2 2016 |
| Massachusetts · Food & Beverage Stores · Under $150K | 7(a) | 3 | P+1.75% | $107K | Q1 2017 |
| Massachusetts · Food & Beverage Stores · $150K – $350K | 7(a) | 3 | P+2.75% | $248K | Q3 2013 |
| Massachusetts · Real Estate · $150K – $350K | 7(a) | 3 | P+1.25% | $205K | Q1 2017 |
| Massachusetts · Other Health Practitioners · Under $150K | 7(a) | 2 | P+1.13% | $50K | Q2 2018 |
| Connecticut · Manufacturing · Under $150K | 7(a) | 2 | P+-0.75% | $100K | Q4 2018 |
| Massachusetts · Building Construction · Under $150K | 7(a) | 2 | P+1.63% | $39K | Q4 2016 |
| Massachusetts · General Merchandise · Under $150K | 7(a) | 2 | P+2.00% | $85K | Q3 2014 |
| Massachusetts · General Merchandise · $150K – $350K | 7(a) | 2 | P+0.63% | $180K | Q1 2014 |
| Massachusetts · Other Repair & Services · $150K – $350K | 7(a) | 2 | P+2.38% | $264K | Q2 2015 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 2 | P+1.50% | $38K | Q3 2017 |
| Massachusetts · Retail Trade · Under $150K | 7(a) | 2 | P+2.00% | $55K | Q1 2017 |
| Massachusetts · Finance & Insurance · Under $150K | 7(a) | 2 | P+2.25% | $50K | Q2 2018 |
| Massachusetts · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $767K | Q3 2023 |
| Massachusetts · Arts, Entertainment & Recreation · $150K – $350K | 504 | 2 | — | $207K | Q1 2016 |
| Massachusetts · Arts, Entertainment & Recreation · $500K – $1M | 504 | 2 | — | $683K | Q1 2022 |
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