SBA lender profile
Coastal Heritage Bank
Coastal Heritage Bank appears in the public SBA loan data with 80 funded 7(a) loans since FY2010, totaling $13.9M, an average of $174K per loan, and an estimated 1,172 jobs supported. Its SBA lending concentrates in Massachusetts and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 3.8%. 37.5% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 68
- Scale 32
- Activity 41
- Consistency 82
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Coastal Heritage Bank the right lender for you?
Lenders fund what they know. Coastal Heritage Bank's SBA lending concentrates in Massachusetts (80 loans) and Manufacturing (8 loans), at an average loan of $174K. 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
- $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 | 80 | $13.9M |
What Coastal Heritage Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 8 | $3.2M |
| Retail Trade | 16 | $2.8M |
| Construction | 12 | $2.1M |
| Health Care and Social Assistance | 8 | $1.9M |
| Accommodation and Food Services | 10 | $1.8M |
| Other Services | 10 | $783K |
Coastal Heritage Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 4 | $288K |
| 2011 | 3 | $230K |
| 2012 | 5 | $610K |
| 2013 | 13 | $1.6M |
| 2014 | 10 | $710K |
| 2015 | 4 | $290K |
| 2016 | 2 | $190K |
| 2017 | 7 | $970K |
| 2018 | 6 | $1.0M |
| 2019 | 2 | $320K |
| 2020 | 3 | $475K |
| 2021 | 5 | $2.2M |
| 2022 | 3 | $500K |
| 2023 | 4 | $1.6M |
| 2024 | 7 | $1.9M |
| 2025 | 1 | $50K |
| 2026 | 1 | $835K |
Related SBA lenders
Other lenders active in Massachusetts or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
Coastal Heritage Bank: frequently asked questions
Does Coastal Heritage Bank offer SBA loans?
Yes. Coastal Heritage Bank appears in the public SBA data with 80 funded SBA 7(a) loans totaling $13.9M.
How many SBA loans has Coastal Heritage Bank made?
Coastal Heritage Bank is associated with 80 SBA 7(a) loans totaling $13.9M in the public SBA data (as of 2026-03-31).
What is Coastal Heritage Bank's SBA charge-off rate?
About 3.8% of Coastal Heritage 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 Coastal Heritage Bank do most of its SBA lending?
Coastal Heritage Bank's SBA lending in the data is most concentrated in Massachusetts, and by industry in Manufacturing.
Is Coastal Heritage Bank an SBA Preferred Lender (PLP)?
The loan record shows Coastal Heritage Bank operating under PLP delegated authority: 30 of its 7(a) loans (37.5%) were processed through the Preferred Lenders Program, including 7 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
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). Coastal Heritage Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/coastal-heritage-bank/
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