SBA lender profile
Eastern Bank
Eastern Bank appears in the public SBA loan data with 9,608 funded 7(a) loans since FY2010, totaling $964.9M, an average of $100K per loan, and an estimated 56,770 jobs supported. Its SBA lending concentrates in Massachusetts and the Construction sector. Across its 7(a) loans, the charge-off rate is 5.3%. 7.3% 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 59
- Scale 98
- Activity 92
- Consistency 94
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Eastern Bank the right lender for you?
Lenders fund what they know. Eastern Bank's SBA lending concentrates in Massachusetts (8,219 loans) and Construction (1,538 loans), at an average loan of $100K. 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
- $30.6B
- Headquarters
- Boston, MA
- FDIC cert
- #32773
- Status
- Active
Where Eastern Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 8,219 | $738.5M |
| Rhode Island | 665 | $125.1M |
| New Hampshire | 676 | $91.3M |
| Connecticut | 5 | $4.4M |
| Maine | 30 | $3.9M |
| New York | 7 | $1.1M |
Metro areas where Eastern Bank funds
What Eastern Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 1,538 | $148.8M |
| Professional and Technical Services | 1,677 | $130.5M |
| Accommodation and Food Services | 690 | $113.2M |
| Retail Trade | 909 | $104.1M |
| Other Services | 1,179 | $99.7M |
| Manufacturing | 500 | $75.8M |
Eastern Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 523 | $68.8M |
| 2011 | 533 | $65.7M |
| 2012 | 530 | $39.2M |
| 2013 | 542 | $38.1M |
| 2014 | 870 | $63.6M |
| 2015 | 993 | $64.0M |
| 2016 | 990 | $71.3M |
| 2017 | 1,083 | $83.0M |
| 2018 | 750 | $65.7M |
| 2019 | 524 | $58.4M |
| 2020 | 522 | $53.1M |
| 2021 | 261 | $57.8M |
| 2022 | 299 | $47.2M |
| 2023 | 279 | $52.0M |
| 2024 | 381 | $54.0M |
| 2025 | 380 | $67.6M |
| 2026 | 148 | $15.7M |
Related SBA lenders
Other lenders active in Massachusetts or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Eastern Bank: frequently asked questions
Does Eastern Bank offer SBA loans?
Yes. Eastern Bank appears in the public SBA data with 9,608 funded SBA 7(a) loans totaling $964.9M.
How many SBA loans has Eastern Bank made?
Eastern Bank is associated with 9,608 SBA 7(a) loans totaling $964.9M in the public SBA data (as of 2026-03-31).
What is Eastern Bank's SBA charge-off rate?
About 5.3% of Eastern 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 Eastern Bank do most of its SBA lending?
Eastern Bank's SBA lending in the data is most concentrated in Massachusetts, and by industry in Construction.
Is Eastern Bank an SBA Preferred Lender (PLP)?
The loan record shows Eastern Bank operating under PLP delegated authority: 703 of its 7(a) loans (7.3%) were processed through the Preferred Lenders Program, including 137 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). Eastern Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/eastern-bank/
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