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Eastern Bank
Boston, MA 2110
⭐ SBA Preferred Lender2,197
Loans Approved
$337.9M
Total Volume
$154K
Avg Loan Size
6
States Served
Top Industries Financed
- Full-Service Restaurants
- Landscaping Services
- Beauty Salons
- Offices of Lawyers
- New Single-Family Housing Construction (except Operative Builders)
About Eastern Bank
Eastern Bank is an SBA-approved lender headquartered in Boston, Massachusetts. Since 2020, they have approved 2,197 SBA 7(a) loans totaling $337.9M, with an average loan size of $154K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 6 states.
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