STRONG
How competitive are their spreads? Lower = better for you.
STRONG
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
9,898
2010–2026
Total Volume
$1.3B
Gross loan amounts
States Active
12
With recorded loans
Programs
7(a) & 504
9892 total segments
Eastern Bank has a strong focus on existing businesses, with 84% of their deals serving this purpose. This is beneficial if you're looking to expand or refinance an established operation.
With an average 7(a) spread of P+1.84%, Eastern Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Eastern Bank's 504 loans make up only 8% of their total SBA deals, which is below the national average of ~18%. If you're specifically looking for a 504 loan for real estate, you may want to consider other lenders with a stronger focus in this area.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 765 504 loans, which use fixed SBA debenture rates.
States where Eastern Bank has recorded SBA lending activity.
+ 7 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Restaurants & Food Service
Accommodation & Food Services
Administrative & Waste Services
Administrative & Waste Services
Manufacturing
Manufacturing
Personal Care (Salons, Spas)
Other Services
Building Construction
Construction
Legal Services
Professional Services
Management & IT Consulting
Professional Services
+ 7 more
All recorded SBA lending activity for Eastern Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Specialty Trade Contractors · Under $150K | 7(a) | 745 | P+3.50% | $53K | Q4 2025 |
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 587 | P+3.75% | $46K | Q4 2025 |
| Massachusetts · Personal Care (Salons, Spas) · Under $150K | 7(a) | 405 | P+3.25% | $43K | Q4 2025 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 391 | P+4.00% | $66K | Q4 2025 |
| Massachusetts · Building Construction · Under $150K | 7(a) | 388 | P+4.49% | $52K | Q4 2025 |
| Massachusetts · Legal Services · Under $150K | 7(a) | 378 | P+2.75% | $46K | Q4 2025 |
| Massachusetts · Management & IT Consulting · Under $150K | 7(a) | 328 | P+2.75% | $50K | Q4 2025 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 326 | P+2.75% | $51K | Q3 2025 |
| Massachusetts · Transportation & Warehousing · Under $150K | 7(a) | 294 | P+4.49% | $49K | Q4 2025 |
| Massachusetts · Other Health Practitioners · Under $150K | 7(a) | 278 | P+2.75% | $48K | Q4 2025 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 7(a) | 269 | P+3.75% | $51K | Q4 2025 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 250 | P+2.75% | $56K | Q4 2025 |
| Massachusetts · Food & Beverage Stores · Under $150K | 7(a) | 209 | P+4.49% | $68K | Q4 2025 |
| Massachusetts · Other Professional Services · Under $150K | 7(a) | 208 | P+4.13% | $47K | Q3 2025 |
| Massachusetts · Engineering & Architecture · Under $150K | 7(a) | 203 | P+2.75% | $45K | Q3 2025 |
| Massachusetts · Physician & Dental Offices · Under $150K | 7(a) | 186 | P+2.50% | $61K | Q4 2025 |
| Massachusetts · Retail Trade · Under $150K | 7(a) | 180 | P+4.49% | $49K | Q3 2025 |
| Massachusetts · Accounting & Tax · Under $150K | 7(a) | 169 | P+2.50% | $46K | Q4 2025 |
| Massachusetts · Other Repair & Services · Under $150K | 7(a) | 156 | P+3.50% | $46K | Q4 2025 |
| Massachusetts · Finance & Insurance · Under $150K | 7(a) | 143 | P+2.74% | $50K | Q4 2025 |
| Massachusetts · Real Estate · Under $150K | 7(a) | 128 | P+4.49% | $58K | Q3 2025 |
| Massachusetts · Arts, Entertainment & Recreation · Under $150K | 7(a) | 111 | P+3.49% | $55K | Q4 2025 |
| Massachusetts · Social Assistance · Under $150K | 7(a) | 106 | P+2.88% | $48K | Q3 2025 |
| Massachusetts · Education · Under $150K | 7(a) | 91 | P+4.00% | $47K | Q4 2025 |
| Massachusetts · Miscellaneous Retail · Under $150K | 7(a) | 75 | P+3.49% | $57K | Q3 2025 |
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