GOOD
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.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
505
2010–2026
Total Volume
$881M
Gross loan amounts
States Active
44
With recorded loans
Programs
7(a) & 504
505 total segments
Shoreham Bank has a strong focus on startups, with 43% of their SBA deals going to new businesses. This could be beneficial if you're a first-time borrower.
With an average 7(a) spread of P+2.62%, Shoreham Bank offers competitive pricing compared to the national median of ~P+2.75%. This can save you money on interest.
While Shoreham Bank has minimal 504 presence (only 1.2% of deals), it primarily focuses on 7(a) loans, which may limit options for real estate-heavy borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 6 504 loans, which use fixed SBA debenture rates.
Top 15 of 44 states where Shoreham Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Food & Beverage Stores
Retail Trade
Transportation & Warehousing
Transportation & Warehousing
Real Estate
Real Estate
Physician & Dental Offices
Health Care & Social Assistance
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Shoreham Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Michigan · Hotels & Accommodation · $2M – $5M | 7(a) | 33 | P+1.75% | $3.4M | Q4 2025 |
| Ohio · Hotels & Accommodation · $2M – $5M | 7(a) | 32 | P+1.50% | $3.6M | Q3 2025 |
| Indiana · Hotels & Accommodation · $2M – $5M | 7(a) | 22 | P+2.00% | $3.1M | Q4 2025 |
| Florida · Hotels & Accommodation · $2M – $5M | 7(a) | 11 | P+2.00% | $4.1M | Q3 2024 |
| Wisconsin · Hotels & Accommodation · $2M – $5M | 7(a) | 10 | P+1.75% | $3.5M | Q2 2025 |
| Michigan · Hotels & Accommodation · $1M – $2M | 7(a) | 10 | P+2.25% | $1.5M | Q1 2025 |
| Pennsylvania · Hotels & Accommodation · $2M – $5M | 7(a) | 10 | P+1.75% | $4.4M | Q4 2025 |
| Ohio · Hotels & Accommodation · $1M – $2M | 7(a) | 8 | P+2.38% | $1.5M | Q4 2024 |
| New Mexico · Hotels & Accommodation · $2M – $5M | 7(a) | 7 | P+2.00% | $3.0M | Q1 2024 |
| Indiana · Hotels & Accommodation · $1M – $2M | 7(a) | 7 | P+2.25% | $1.6M | Q3 2024 |
| Indiana · Hotels & Accommodation · $500K – $1M | 7(a) | 6 | P+2.25% | $777K | Q2 2025 |
| Kansas · Hotels & Accommodation · $2M – $5M | 7(a) | 6 | P+2.13% | $2.9M | Q4 2025 |
| Texas · Hotels & Accommodation · $2M – $5M | 7(a) | 6 | P+1.00% | $3.6M | Q4 2024 |
| Illinois · Hotels & Accommodation · $2M – $5M | 7(a) | 6 | P+1.75% | $3.7M | Q4 2024 |
| Tennessee · Hotels & Accommodation · $2M – $5M | 7(a) | 5 | P+1.75% | $4.2M | Q4 2022 |
| Connecticut · Hotels & Accommodation · $2M – $5M | 7(a) | 4 | P+2.25% | $4.0M | Q4 2022 |
| Wisconsin · Hotels & Accommodation · $1M – $2M | 7(a) | 4 | P+2.50% | $1.4M | Q3 2025 |
| New York · Physician & Dental Offices · $500K – $1M | 7(a) | 3 | P+2.50% | $657K | Q4 2017 |
| Iowa · Hotels & Accommodation · $2M – $5M | 7(a) | 3 | P+2.00% | $2.3M | Q4 2025 |
| New York · Hotels & Accommodation · $2M – $5M | 7(a) | 3 | P+2.00% | $3.8M | Q3 2024 |
| Missouri · Hotels & Accommodation · $2M – $5M | 7(a) | 3 | P+1.50% | $3.8M | Q1 2025 |
| North Carolina · Hotels & Accommodation · $1M – $2M | 7(a) | 3 | P+2.75% | $1.7M | Q4 2023 |
| Louisiana · Hotels & Accommodation · $2M – $5M | 7(a) | 3 | P+2.00% | $3.5M | Q2 2022 |
| Michigan · Food & Beverage Stores · $500K – $1M | 7(a) | 3 | P+2.00% | $877K | Q4 2024 |
| Ohio · Hotels & Accommodation · $500K – $1M | 7(a) | 3 | P+2.50% | $831K | Q1 2024 |
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