SBA lender profile
Baycoast Bank
Baycoast Bank appears in the public SBA loan data with 74 funded 7(a) loans totaling $11.5M, an average of $156K per loan, and an estimated 864 jobs supported. Its SBA lending concentrates in Massachusetts and the Construction sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
74
Total volume
$11.5M
Average loan size
$156K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
864
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.9B
- Headquarters
- Swansea, MA
- FDIC cert
- #90196
- Status
- Active
Where Baycoast Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 47 | $7.0M |
| Rhode Island | 27 | $4.6M |
What Baycoast Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 18 | $2.9M |
| Other Services | 9 | $2.4M |
| Accommodation and Food Services | 11 | $1.6M |
| Retail Trade | 7 | $1.3M |
| Professional and Technical Services | 11 | $925K |
| Health Care and Social Assistance | 7 | $750K |
Baycoast Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $300K |
| 2021 | 6 | $989K |
| 2022 | 10 | $2.0M |
| 2023 | 10 | $1.1M |
| 2024 | 13 | $3.1M |
| 2025 | 23 | $3.1M |
| 2026 | 10 | $956K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Baycoast Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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