SBA lender profile
Coastal Heritage Bank
Coastal Heritage Bank appears in the public SBA loan data with 24 funded 7(a) loans totaling $7.7M, an average of $319K per loan, and an estimated 685 jobs supported. Its SBA lending concentrates in Massachusetts and the Manufacturing 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
24
Total volume
$7.7M
Average loan size
$319K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
685
Programs
7(a)
Bank profile
via FDIC- Total assets
- $529M
- Headquarters
- Weymouth, MA
- FDIC cert
- #26575
- Status
- Inactive
Where Coastal Heritage Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 24 | $7.7M |
What Coastal Heritage Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 3 | $2.0M |
| Health Care and Social Assistance | 5 | $1.7M |
| Construction | 4 | $1.6M |
| Retail Trade | 5 | $1.5M |
| Accommodation and Food Services | 2 | $475K |
| Other Services | 3 | $200K |
Coastal Heritage Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 3 | $475K |
| 2021 | 5 | $2.2M |
| 2022 | 3 | $500K |
| 2023 | 4 | $1.6M |
| 2024 | 7 | $1.9M |
| 2025 | 1 | $50K |
| 2026 | 1 | $835K |
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 Coastal Heritage 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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