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Eastern Bank
Boston, MA · High-Volume Lender · National rank #29
Eastern Bank approved 321 SBA 7(a) loans in FY2025, ranking #29 nationally among SBA lenders. Its lending was concentrated primarily in Massachusetts, with additional activity in New Hampshire and Maine.
Eastern Bank, headquartered in Boston, Massachusetts, is an active participant in the SBA 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, Eastern Bank approved 321 SBA 7(a) loans totaling $48,749,900 in approved dollars during the fiscal year. Of that total, $30,652,800 was backed by the SBA guaranty, reflecting the portion of loan risk covered by the federal government under the 7(a) program's terms. The average loan size for Eastern Bank's SBA 7(a) lending during this period was $151,869, indicating a portfolio weighted toward smaller commercial loans.
Eastern Bank's SBA lending activity is concentrated in the New England region. The bank's top states by loan volume were Massachusetts, with 290 loans, followed by New Hampshire with 29 loans, and Maine with 2 loans. This distribution shows that the bank serves a limited geographic footprint of MA, NH, and ME rather than a nationwide territory. Based on total loan volume, Eastern Bank ranked #29 among SBA 7(a) lenders nationally in FY2025.
This profile reflects only the figures reported in FY2025 SBA 7(a) lender activity data. No interest rates, approval odds, fees, or additional lending terms are included, as this information was not part of the reported dataset.
Where Eastern Bank lends
| State | Loans | Dollars |
|---|---|---|
| Massachusetts | 290 | $43,579,000 |
| New Hampshire | 29 | $5,044,900 |
| Maine | 2 | $126,000 |
Questions people ask
Is Eastern Bank an SBA lender?
Yes, Eastern Bank participates in the SBA 7(a) loan program and approved loans under it during FY2025.
How many SBA 7(a) loans did Eastern Bank approve in FY2025?
Eastern Bank approved 321 SBA 7(a) loans in FY2025.
What was the total dollar amount of Eastern Bank's approved SBA loans?
Eastern Bank approved a total of $48,749,900 in SBA 7(a) loans in FY2025.
What is Eastern Bank's average SBA loan size?
The average SBA 7(a) loan size for Eastern Bank in FY2025 was $151,869.
How much of Eastern Bank's SBA lending was backed by a guaranty?
$30,652,800 of Eastern Bank's approved loan dollars was covered by the SBA guaranty.
Where is Eastern Bank headquartered?
Eastern Bank is headquartered in Boston, Massachusetts.
Where is Eastern Bank most active with SBA lending?
Eastern Bank's SBA lending is concentrated in Massachusetts (290 loans), New Hampshire (29 loans), and Maine (2 loans).
Is Eastern Bank a national or regional SBA lender?
Based on FY2025 data, Eastern Bank operates as a regional SBA lender focused on Massachusetts, New Hampshire, and Maine.
How does Eastern Bank rank among SBA 7(a) lenders by volume?
Eastern Bank ranked #29 nationally among SBA 7(a) lenders in FY2025 by loan volume.
Which states does Eastern Bank serve for SBA loans?
According to FY2025 data, Eastern Bank served borrowers in MA, NH, and ME.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Eastern Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.