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Independence Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Independence Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
2,894
2010 – 2025
Approved $
$520.2M
across all programs
Avg loan size
$180K
median $150K
Top industry
Limited-Service Restaurants
301 loans · 10%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
2,894
Approved
$520.2M
Avg size
$180K
Range
$5K – $4.5M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Limited-Service Restaurants
301
Full-Service Restaurants
112
"General Freight Trucking, Local"
70
General Automotive Repair
66
All Other Specialty Trade Contractors
61
"General Freight Trucking, Long-Distance, Truckload"
58
Loan records · Independence Bank
Showing largest 500 of 2,894 records
Sort:
SmartSports LLC
Tyngsboro, MA
$4,500,000
7(a)
Independence Bank$180K/job · 2014-07-03
T&N Electric Motor Exchange, Inc.
Bluefield, WV · 24701
$4,200,000
7(a)
Independence Bank$280K/job · 2015-07-22
A2D Inc.
Atlanta, GA · 30331
$4,000,000
7(a)
Independence Bank$40K/job · 2011-09-14
Atlantic Broom Service, Inc.
Taunton, MA
$3,850,000
7(a)
Independence Bank$160K/job · 2013-11-27
Arctic Circle Air Services, Inc.
Saipan, MP · 96950
$3,000,000
7(a)
Independence Bank$56K/job · 2012-09-28
MKG BEAUTY & BUSINESS LLC
Cranston, RI
$2,760,000
7(a)
Independence Bank$153K/job · 2013-05-22
Mike's Professional Tree Service, Inc.
Coventry, RI
$2,710,000
7(a)
Independence Bank$73K/job · 2013-02-05
CARRIE CERINO RESTAURANTS, INC.
North Royalton, OH · 44133
$2,700,000
7(a)
Independence Bank$34K/job · 2015-02-27
T. Miozzi, Inc.
Coventry, RI
$2,600,000
7(a)
Independence Bank$163K/job · 2015-07-22
Syraco Associates, LLC
Middletown, RI
$2,500,000
7(a)
Independence Bank$100K/job · 2010-12-27
WED NK Green LLC
North Kingstown, RI
$2,500,000
7(a)
Independence Bank$500K/job · 2012-03-12
Precision Medical Imaging, LLC
Saipan, MP · 96950
$2,500,000
7(a)
Independence Bank$250K/job · 2012-10-12
Denmar Pump Services, Inc.
Walpole, MA
$2,365,000
7(a)
Independence Bank$473K/job · 2015-03-18
Providence Specialty Products, LLC
Providence, RI
$2,150,000
7(a)
Independence Bank$43K/job · 2014-04-23
Pura Vida H2O, Inc.
Randolph, MA
$2,100,000
7(a)
Independence Bank$420K/job · 2010-12-07
Metropolitan Marine Transportation, Inc.
Staten Island, NY · 10306
$2,000,000
7(a)
Independence Bank$83K/job · 2008-05-29
DC ENTERPRISES, INC
North Providence, RI
$1,900,000
7(a)
Independence Bank$83K/job · 2012-07-11
Monarch Metal Finishing Co., Inc.
Providence, RI
$1,850,000
7(a)
Independence Bank$37K/job · 2010-12-03
ATC Technologies, Inc.
Wilmington, MA
$1,850,000
7(a)
Independence Bank$308K/job · 2014-04-22
Mill Creek Marine Inc
North Kingstown, RI
$1,730,000
7(a)
Independence Bank$133K/job · 2010-04-06
VTECH ENTERPRISES, INC.
New Canaan, CT
$1,700,000
7(a)
Independence Bank2004-08-27
Velvet Maritime, LLC
Hahnville, LA · 70057
$1,666,600
7(a)
Independence Bank$139K/job · 2009-08-12
ADAK FISHERIES LLC
Adak, AK · 99546
$1,650,000
7(a)
Independence Bank$14K/job · 2007-03-13
ADAK FISHERIES LLC
Adak, AK · 99546
$1,650,000
7(a)
Independence Bank$13K/job · 2008-02-04
ADAK SEAFOOD, LLC
Adak, AK · 99546
$1,650,000
7(a)
Independence Bank$165K/job · 2010-01-29
1–25 of 500 (largest 500 of 2,894)
Page 1 of 20
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Where Independence Bank lends

APPROVAL CONCENTRATION
TOP STATES
MA
303
CA
289
RI
281
FL
232
TX
203