SBA lender profile
South Shore Bank
South Shore Bank appears in the public SBA loan data with 47 funded 7(a) loans totaling $13.5M, an average of $286K per loan, and an estimated 394 jobs supported. Its SBA lending concentrates in Massachusetts and the Retail Trade 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
47
Total volume
$13.5M
Average loan size
$286K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
394
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.6B
- Headquarters
- South Weymouth, MA
- FDIC cert
- #90303
- Status
- Active
Where South Shore Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 46 | $10.8M |
| Rhode Island | 1 | $2.7M |
What South Shore Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 5 | $3.5M |
| Health Care and Social Assistance | 7 | $2.6M |
| Construction | 13 | $2.1M |
| Other Services | 4 | $1.6M |
| Manufacturing | 2 | $832K |
| Administrative and Support | 3 | $590K |
South Shore Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 14 | $5.2M |
| 2021 | 12 | $3.1M |
| 2022 | 5 | $742K |
| 2023 | 2 | $493K |
| 2025 | 10 | $3.2M |
| 2026 | 4 | $692K |
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 South Shore 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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