SBA lender profile
Cape Ann Savings Bank
Cape Ann Savings Bank appears in the public SBA loan data with 28 funded 7(a) loans since FY2010, totaling $3.0M, an average of $106K per loan, and an estimated 201 jobs supported. Its SBA lending concentrates in Massachusetts and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 10.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 53
- Scale 2
- Activity 19
- Consistency 74
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Cape Ann Savings Bank the right lender for you?
Lenders fund what they know. Cape Ann Savings Bank's SBA lending concentrates in Massachusetts (28 loans) and Retail Trade (9 loans), at an average loan of $106K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $1.1B
- Headquarters
- Gloucester, MA
- FDIC cert
- #90203
- Status
- Active
Where Cape Ann Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 28 | $3.0M |
What Cape Ann Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 9 | $968K |
| Construction | 3 | $320K |
| Manufacturing | 2 | $300K |
| Accommodation and Food Services | 5 | $291K |
| Arts, Entertainment, Recreation | 2 | $268K |
| Other Services | 2 | $244K |
Cape Ann Savings Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2011 | 2 | $365K |
| 2012 | 1 | $76K |
| 2014 | 3 | $273K |
| 2015 | 2 | $250K |
| 2016 | 1 | $100K |
| 2017 | 2 | $295K |
| 2018 | 1 | $175K |
| 2019 | 3 | $229K |
| 2021 | 4 | $276K |
| 2022 | 4 | $409K |
| 2023 | 3 | $270K |
| 2024 | 1 | $100K |
| 2025 | 1 | $150K |
Related SBA lenders
Other lenders active in Massachusetts or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
Cape Ann Savings Bank: frequently asked questions
Does Cape Ann Savings Bank offer SBA loans?
Yes. Cape Ann Savings Bank appears in the public SBA data with 28 funded SBA 7(a) loans totaling $3.0M.
How many SBA loans has Cape Ann Savings Bank made?
Cape Ann Savings Bank is associated with 28 SBA 7(a) loans totaling $3.0M in the public SBA data (as of 2026-03-31).
What is Cape Ann Savings Bank's SBA charge-off rate?
About 10.7% of Cape Ann Savings Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Cape Ann Savings Bank do most of its SBA lending?
Cape Ann Savings Bank's SBA lending in the data is most concentrated in Massachusetts, and by industry in Retail Trade.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Cape Ann Savings Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/cape-ann-savings-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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