SBA lender profile
Charles River Bank
Charles River Bank appears in the public SBA loan data with 48 funded 7(a) loans since FY2010, totaling $7.9M, an average of $165K per loan, and an estimated 367 jobs supported. Its SBA lending concentrates in Massachusetts and the Administrative and Support sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 80
- Scale 18
- Activity 0
- Consistency 52
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Charles River Bank the right lender for you?
Lenders fund what they know. Charles River Bank's SBA lending concentrates in Massachusetts (47 loans) and Administrative and Support (9 loans), at an average loan of $165K. 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
- $330M
- Headquarters
- Medway, MA
- FDIC cert
- #26602
- Status
- Active
Where Charles River Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 47 | $7.8M |
| Rhode Island | 1 | $74K |
What Charles River Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Administrative and Support | 9 | $3.8M |
| Retail Trade | 9 | $1.2M |
| Professional and Technical Services | 12 | $1.1M |
| Wholesale Trade | 1 | $504K |
| Arts, Entertainment, Recreation | 2 | $367K |
| Construction | 6 | $345K |
Charles River Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 9 | $1.0M |
| 2011 | 10 | $1.1M |
| 2012 | 3 | $120K |
| 2013 | 5 | $339K |
| 2014 | 9 | $3.2M |
| 2015 | 4 | $378K |
| 2016 | 3 | $715K |
| 2019 | 2 | $619K |
| 2020 | 3 | $402K |
Related SBA lenders
Other lenders active in Massachusetts or in Administrative and Support.
Comparing lenders? See how to choose an SBA lender by track record.
Charles River Bank: frequently asked questions
Does Charles River Bank offer SBA loans?
Yes. Charles River Bank appears in the public SBA data with 48 funded SBA 7(a) loans totaling $7.9M.
How many SBA loans has Charles River Bank made?
Charles River Bank is associated with 48 SBA 7(a) loans totaling $7.9M in the public SBA data (as of 2026-03-31).
What is Charles River Bank's SBA charge-off rate?
About 0.0% of Charles River 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 Charles River Bank do most of its SBA lending?
Charles River Bank's SBA lending in the data is most concentrated in Massachusetts, and by industry in Administrative and Support.
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). Charles River Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/charles-river-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.
Get SBA lending trends in your inbox
Occasional, data-driven briefings on SBA lending by industry and state. No spam, unsubscribe anytime.
We use your email only to send lending-trend updates. See our privacy policy.