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
828
2010–2026
Total Volume
$278M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
828 total segments
Salem Five Cents Savings Bank has a strong focus on existing businesses, with 81% of their deals serving this purpose. This makes them a great option for established businesses looking to secure financing for expansion or improvements.
With an average 7(a) spread of P+1.47%, Salem Five offers competitive pricing compared to the national median of P+2.75%. This can lead to significant savings on interest payments for borrowers.
The bank's 22% share of 504 loans indicates a solid presence in real estate financing. If you're looking to purchase property or equipment, this lender is well-equipped to handle such needs.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 183 504 loans, which use fixed SBA debenture rates.
States where Salem Five Cents Savings Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Building Construction
Construction
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
Physician & Dental Offices
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Salem Five Cents Savings 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) | 44 | P+2.00% | $84K | Q4 2025 |
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 28 | P+2.00% | $68K | Q2 2025 |
| Massachusetts · Other Health Practitioners · Under $150K | 7(a) | 25 | P+2.00% | $75K | Q4 2025 |
| Massachusetts · Building Construction · Under $150K | 7(a) | 21 | P+2.00% | $80K | Q3 2025 |
| Massachusetts · Other Repair & Services · Under $150K | 7(a) | 17 | P+1.74% | $65K | Q4 2025 |
| Massachusetts · Personal Care (Salons, Spas) · Under $150K | 7(a) | 17 | P+1.50% | $56K | Q1 2023 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 16 | P+2.00% | $108K | Q2 2025 |
| Massachusetts · Physician & Dental Offices · Under $150K | 7(a) | 15 | P+2.00% | $76K | Q3 2025 |
| Massachusetts · Restaurants & Food Service · $150K – $350K | 7(a) | 15 | P+2.00% | $251K | Q1 2025 |
| Massachusetts · Management & IT Consulting · Under $150K | 7(a) | 15 | P+2.00% | $78K | Q4 2024 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 14 | P+1.75% | $91K | Q4 2019 |
| Massachusetts · Arts, Entertainment & Recreation · Under $150K | 7(a) | 13 | P+2.00% | $76K | Q1 2025 |
| Massachusetts · Other Professional Services · Under $150K | 7(a) | 12 | P+2.00% | $91K | Q2 2024 |
| Massachusetts · Real Estate · Under $150K | 7(a) | 11 | P+2.00% | $57K | Q3 2025 |
| Massachusetts · Manufacturing · $150K – $350K | 7(a) | 10 | P+2.13% | $263K | Q1 2025 |
| Massachusetts · Social Assistance · Under $150K | 7(a) | 9 | P+1.75% | $93K | Q4 2025 |
| Massachusetts · Building Construction · $150K – $350K | 7(a) | 9 | P+2.00% | $267K | Q1 2025 |
| Massachusetts · Food & Beverage Stores · Under $150K | 7(a) | 9 | P+1.50% | $109K | Q1 2023 |
| Massachusetts · Administrative & Waste Services · $150K – $350K | 7(a) | 9 | P+1.50% | $244K | Q3 2025 |
| Massachusetts · Finance & Insurance · Under $150K | 7(a) | 9 | P+2.00% | $89K | Q1 2022 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 9 | P+2.00% | $85K | Q1 2025 |
| Massachusetts · Engineering & Architecture · Under $150K | 7(a) | 9 | P+2.00% | $63K | Q1 2025 |
| Massachusetts · Management & IT Consulting · $150K – $350K | 7(a) | 9 | P+2.00% | $277K | Q4 2021 |
| Massachusetts · Retail Trade · Under $150K | 7(a) | 8 | P+2.00% | $91K | Q4 2021 |
| Massachusetts · Specialty Trade Contractors · $150K – $350K | 7(a) | 8 | P+2.00% | $250K | Q1 2025 |
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