SBA Loans in Salem, CT

Explore recent SBA 7(a) and 504 lending activity in Salem. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Browse all loans Find lenders in Salem

Total SBA loans

all programs

Approved $

$5.3M

last 24 months

Avg loan

$228K

median $245K

Active lenders

approved here

Jobs supported

162

cumulative

Loan activity map

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SALEM · 23 LOANS

Top lenders in Salem

Citizens Bank, National Association

Bank of America, National Association

Manufacturers and Traders Trust Company

Liberty Bank

New England Certified Development Corporation

TD Bank, National Association

Top industries in Salem

Animal (except Poultry) Slaughtering

Child Day Care Services

Full-Service Restaurants

Janitorial Services

Landscaping Services

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Loan records · Salem, CT

23 records

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Borrower

Location

Program

Industry

EG Enterprises LLC Meridian Bank

Salem, CT

$850,000

$213K

7(a)

Residential Property Managers

2024-06-05

COASTAL STEEL CORPORATION TD Bank, National Association

Salem, CT

$587,000

–

7(a)

Fabricated Structural Metal Manufacturing

1994-06-03

AMERICAN FAMILY ADVENTURES, LLC Manufacturers and Traders Trust Company

Salem, CT

$576,000

–

7(a)

Sporting Goods Stores

2002-04-01

BURNETT'S LANDSCAPING, INC.Citizens Bank, National Association

Salem, CT

$530,000

–

7(a)

Landscaping Services

2006-01-03

ROBERT MATTHEW INDUSTRIES, INC New England Certified Development Corporation

Salem, CT

$419,000

$9K

504

"Nursery, Garden Center, and Farm Supply Stores"

2003-11-12

QUALITY CARE DAY CARE Readycap Lending, LLC

Salem, CT

$360,000

$30K

7(a)

Child Day Care Services

2003-12-23

ATLANTIC COAST ENGINEERING AND Northeast Bank

Salem, CT

$250,000

–

7(a)

Machine Tool (Metal Forming Types) Manufacturing

1998-07-17

F & R, LLC New England Certified Development Corporation

Salem, CT

$232,000

$19K

504

Animal (except Poultry) Slaughtering

1995-09-13

Thomas Investment Companies, LLC Liberty Bank

Salem, CT

$200,000

$20K

7(a)

Full-Service Restaurants

2022-09-20

Brian Thomas Liberty Bank

Salem, CT

$200,000

$20K

7(a)

Full-Service Restaurants

2022-09-22

Salem Pharmacy DBA Chelsea Groton Bank

Salem, CT

$164,500

$33K

7(a)

Pharmacies and Drug Stores

2012-06-11

MAPLE SHADE Ascend Bank

Salem, CT

$134,500

$22K

7(a)

Gasoline Stations with Convenience Stores

2006-02-09

NINETY HARTFORD RD, INC Manufacturers and Traders Trust Company

Salem, CT

$110,000

–

7(a)

Child Day Care Services

1992-07-14

KBM Rebar, LLC Bank of America, National Association

Salem, CT

$100,000

$3K

7(a)

All Other Specialty Trade Contractors

2006-12-01

Caprine Creations LLC TD Bank, National Association

Salem, CT

$95,000

–

7(a)

Soap and Other Detergent Manufacturing

2025-02-28

SALEM PRIME CUTS, INC.Bank of America, National Association

Salem, CT

$94,230

–

7(a)

Animal (except Poultry) Slaughtering

1995-09-13

BARTHOLOMEW'S RESTAURANT Webster Bank National Association

Salem, CT

$88,500

–

7(a)

–

1998-04-09

Nu Look Cleaning Service Citizens Bank, National Association

Salem, CT

$75,000

$9K

7(a)

Janitorial Services

2004-01-30

NU LOOK CLEANING SERVICES Citizens Bank, National Association

Salem, CT

$75,000

$5K

7(a)

Janitorial Services

2004-06-24

STEVE YENIK SALES CO Bank of America, National Association

Salem, CT

$60,000

$20K

7(a)

Sporting and Recreational Goods and Supplies Wholesalers

2000-11-13

SIMPLY FLOWERS People's United Bank, National Association

Salem, CT

$25,000

–

7(a)

Florists

1999-03-19

SYMAN SAYS FARMS LLC Manufacturers and Traders Trust Company

Salem, CT

$20,000

$10K

7(a)

All Other Miscellaneous Crop Farming

2023-09-28

SCOTT LAPLANTE Citizens Bank, National Association

Salem, CT

$9,500

$10K

7(a)

Landscaping Services

2006-11-30

Meridian Bank$213K/job · 2024-06-05

COASTAL STEEL CORPORATION

Salem, CT

$587,000

7(a)

TD Bank, National Association1994-06-03

AMERICAN FAMILY ADVENTURES, LLC

Salem, CT

$576,000

7(a)

Manufacturers and Traders Trust Company2002-04-01

BURNETT'S LANDSCAPING, INC.

Salem, CT

$530,000

7(a)

Citizens Bank, National Association2006-01-03

ROBERT MATTHEW INDUSTRIES, INC

Salem, CT

$419,000

504

New England Certified Development Corporation$9K/job · 2003-11-12

QUALITY CARE DAY CARE

Salem, CT

$360,000

7(a)

Readycap Lending, LLC$30K/job · 2003-12-23

ATLANTIC COAST ENGINEERING AND

Salem, CT

$250,000

7(a)

Northeast Bank1998-07-17

New England Certified Development Corporation$19K/job · 1995-09-13

Thomas Investment Companies, LLC

Salem, CT

$200,000

7(a)

Liberty Bank$20K/job · 2022-09-20

Liberty Bank$20K/job · 2022-09-22

Chelsea Groton Bank$33K/job · 2012-06-11

Ascend Bank$22K/job · 2006-02-09

NINETY HARTFORD RD, INC

Salem, CT

$110,000

7(a)

Manufacturers and Traders Trust Company1992-07-14

Bank of America, National Association$3K/job · 2006-12-01

Caprine Creations LLC

Salem, CT

$95,000

7(a)

TD Bank, National Association2025-02-28

SALEM PRIME CUTS, INC.

Salem, CT

$94,230

7(a)

Bank of America, National Association1995-09-13

BARTHOLOMEW'S RESTAURANT

Salem, CT

$88,500

7(a)

Webster Bank National Association1998-04-09

Nu Look Cleaning Service

Salem, CT

$75,000

7(a)

Citizens Bank, National Association$9K/job · 2004-01-30

NU LOOK CLEANING SERVICES

Salem, CT

$75,000

7(a)

Citizens Bank, National Association$5K/job · 2004-06-24

Bank of America, National Association$20K/job · 2000-11-13

People's United Bank, National Association1999-03-19

Manufacturers and Traders Trust Company$10K/job · 2023-09-28

Citizens Bank, National Association$10K/job · 2006-11-30

1–23 of 23

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