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SBA Loans in Salem, MA

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.

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Total SBA loans
692
all programs
Approved $
$106.6M
last 24 months
Avg loan
$154K
median $245K
Active lenders
47
approved here
Jobs supported
4,942
cumulative

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SALEM · 692 LOANS

Top lenders in Salem

Eastern Bank
294
Salem Five Cents Savings Bank
88
Manufacturers and Traders Trust Company
64
TruNorth Bank
34
Bay Colony Development Corporation
27
TD Bank, National Association
24

Top industries in Salem

Offices of Lawyers
73
Full-Service Restaurants
55
General Automotive Repair
16
Limited-Service Restaurants
11
"Photography Studios, Portrait"
10
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Loan records · Salem, MA
Showing largest 500 of 692 records
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Commonwealth Diagnostics International, Inc.
Salem, MA
$5,000,000
7(a)
Newtek Small Business Finance, Inc.$91K/job · 2017-09-08
ZXE, LLC
Salem, MA
$4,960,000
504
Bay Colony Development Corporation$5.0M/job · 2025-11-17
Hotel Salem Op Co, LLC
Salem, MA
$2,918,000
504
New England Certified Development Corporation$73K/job · 2016-09-14
40 Bridge Realty LLC
Salem, MA
$2,794,000
504
New England Certified Development Corporation$931K/job · 2022-11-03
Asisu Corp
Salem, MA
$1,464,000
7(a)
TD Bank, National Association$31K/job · 2005-08-18
Madhukar Reddy
Salem, MA
$1,365,000
7(a)
Rockland Trust Company$59K/job · 2014-06-13
Bernadette
Salem, MA
$1,229,000
504
Bay Colony Development Corporation$82K/job · 2023-08-17
Turner's Seafood-Salem, Inc.
Salem, MA
$1,131,000
504
New England Certified Development Corporation$32K/job · 2013-07-29
The Bioengineering Group Inc
Salem, MA
$1,100,000
7(a)
Salem Five Cents Savings Bank$11K/job · 2013-09-30
MCCUE CORPORATION
Salem, MA
$1,000,000
7(a)
Manufacturers and Traders Trust Company1995-01-09
Right Solutions Inc
Salem, MA
$1,000,000
7(a)
Eastern Bank$1.0M/job · 2017-02-06
GENERAL BUFFING CORP
Salem, MA
$1,000,000
7(a)
UPS Capital Business Credit2000-03-15
Multiversity Consulting, LLC
Salem, MA
$999,500
7(a)
Live Oak Banking Company$500K/job · 2025-02-12
128 North Street LLC
Salem, MA
$990,000
504
Bay Colony Development Corporation2025-12-31
Lorjan Karagjozi Online Sales
Salem, MA
$984,000
504
New England Certified Development Corporation$197K/job · 2023-05-25
Brenner Facility Services, LLC
Salem, MA
$950,000
7(a)
Rockland Trust Company$10K/job · 2014-04-02
Italimport Inc.
Salem, MA
$923,000
504
Bay Colony Development Corporation$154K/job · 2023-04-03
CARFIVE MOTORS LLC
Salem, MA
$865,000
504
Granite State Economic Development Corporation$79K/job · 2022-06-27
BIOENGINEERING GROUP (THE)
Salem, MA
$750,000
7(a)
Salem Five Cents Savings Bank2004-04-06
CLIPPER SHIP INN
Salem, MA
$750,000
504
Bay Colony Development Corporation$31K/job · 1997-09-11
EMERALD BRIDAL
Salem, MA
$750,000
7(a)
Manufacturers and Traders Trust Company2005-12-21
E Z Auto Body, Inc.
Salem, MA
$739,500
7(a)
Bank of America, National Association$49K/job · 2026-01-14
SSG Liquors LLC
Salem, MA
$723,600
7(a)
Rockland Trust Company$121K/job · 2024-04-19
BEST WASH II INC
Salem, MA
$720,000
504
Bay Colony Development Corporation$48K/job · 1997-08-05
THERMAL CIRCUITS INC
Salem, MA
$638,000
504
New England Certified Development Corporation$32K/job · 1995-08-18
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