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The Lender Report built this page from public records. Salem Five Cents Savings Bank has not reviewed it. Every lender's page starts this way, and it says nothing about Salem Five Cents Savings Bank itself. Each figure shows its source and date. Work at Salem Five Cents Savings Bank? You can claim this page for free.
SBA 504 record
Salem Five Cents Savings Bank: SBA 504 first liens made
Salem Five Cents Savings Bank, a bank based in Salem, MA, made 34 SBA 504 first liens in the 36 months ending September 30, 2026, $18.9M in all, net of cancelled approvals. The typical first lien was about $420K, and 15 were in the last 12 months. Most were in Massachusetts.
- Evidence
- SBA 504 loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 11, 2026
- First liens, 36 months
- 34
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $18.9M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $420K
- SBA FOIA,
- Largest loan
- $1.5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 15
- SBA FOIA,
Cite this
Source: The Lender Report, Salem Five Cents Savings Bank: SBA 504 first liens made, https://lender.report/lender/salem-five-cents-savings-bank-ma/sba-504/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | Massachusetts | SBA 504, Retail Trade | $410K | 25 yr | SBA FOIA | ||
| May 2026 | Massachusetts | SBA 504, Residential Remodelers | $900K | 25 yr | SBA FOIA | ||
| May 2026 | Massachusetts | SBA 504, General Automotive Repair | $400K | 25 yr | SBA FOIA | ||
| Apr 2026 | Massachusetts | SBA 504, Health Care and Social Assistance | $450K | 25 yr | SBA FOIA | ||
| Mar 2026 | Massachusetts | SBA 504, Wholesale Trade | $830K | 25 yr | SBA FOIA | ||
| Mar 2026 | Massachusetts | SBA 504, Automotive Body, Paint, and Interior Repair and Maintenance | $280K | 25 yr | SBA FOIA | ||
| Jan 2026 | Massachusetts | SBA 504, Plumbing, Heating, and Air-Conditioning Contractors | $1.5M | 25 yr | SBA FOIA | ||
| Dec 2025 | Massachusetts | SBA 504, Retail Trade | $1.2M | 25 yr | SBA FOIA | ||
| Dec 2025 | Massachusetts | SBA 504, Finance and Insurance | $120K | 25 yr | SBA FOIA | ||
| Sep 2025 | Massachusetts | SBA 504, Limited-Service Restaurants | $480K | 25 yr | SBA FOIA | ||
| Sep 2025 | New Hampshire | SBA 504, Construction | $100K | 25 yr | SBA FOIA | ||
| Jul 2025 | Massachusetts | SBA 504, Offices of Mental Health Practitioners (except Physicians) | $200K | 25 yr | SBA FOIA | ||
| Jun 2025 | New Hampshire | SBA 504, Arts, Entertainment, and Recreation | $260K | 25 yr | SBA FOIA | ||
| Jun 2025 | Massachusetts | SBA 504, Retail Trade | $140K | 25 yr | SBA FOIA | ||
| Feb 2025 | Massachusetts | SBA 504, Construction | $780K | 25 yr | SBA FOIA | ||
| Feb 2025 | Massachusetts | SBA 504, Professional, Scientific, and Technical Services | $350K | 25 yr | SBA FOIA | ||
| Jan 2025 | Massachusetts | SBA 504, Plumbing, Heating, and Air-Conditioning Contractors | $1.3M | 25 yr | SBA FOIA | ||
| Dec 2024 | Massachusetts | SBA 504, Administrative and Support and Waste Management and Remediation Services | $310K | 25 yr | SBA FOIA | ||
| Dec 2024 | Massachusetts | SBA 504, Real Estate and Rental and Leasing | $240K | 25 yr | SBA FOIA | ||
| Nov 2024 | Massachusetts | SBA 504, Full-Service Restaurants | $640K | 25 yr | SBA FOIA | ||
| Nov 2024 | Massachusetts | SBA 504, Child Care Services | $590K | 25 yr | SBA FOIA | ||
| Oct 2024 | Massachusetts | SBA 504, Administrative and Support and Waste Management and Remediation Services | $460K | 25 yr | SBA FOIA | ||
| Oct 2024 | Massachusetts | SBA 504, Residential Remodelers | $350K | 25 yr | SBA FOIA | ||
| Aug 2024 | Massachusetts | SBA 504, Manufacturing | $1.1M | 25 yr | SBA FOIA | ||
| Jun 2024 | Massachusetts | SBA 504, Arts, Entertainment, and Recreation | $920K | 25 yr | SBA FOIA | ||
| 34 SBA 504 first liens since October 2023, net of cancelled | $18.9M | SBA FOIA | |||||
A blank means the source did not report it.
| State | First liens | Dollars |
|---|---|---|
| Massachusetts | 32 | $18.5M |
| New Hampshire | 2 | $360K |
SBA loans are on record by state only.
| Loan size | First liens | Dollars |
|---|---|---|
| Under $150K | 3 | $360K |
| $150K to $350K | 6 | $1.60M |
| $350K to $1M | 20 | $10.5M |
| $1M to $2.5M | 5 | $6.40M |
| $2.5M or more | 0 | $0 |
| Quarter | First liens | Dollars |
|---|---|---|
| 2023 Q4 | 4 | $1.67M |
| 2024 Q1 | 4 | $1.61M |
| 2024 Q2 | 2 | $2.22M |
| 2024 Q3 | 1 | $1.10M |
| 2024 Q4 | 6 | $2.59M |
| 2025 Q1 | 3 | $2.43M |
| 2025 Q2 | 2 | $400K |
| 2025 Q3 | 3 | $780K |
| 2025 Q4 | 2 | $1.32M |
| 2026 Q1 | 3 | $2.61M |
| 2026 Q2 | 3 | $1.75M |
| 2026 Q3 | 1 | $410K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | First liens |
|---|---|
| Landscaping Services (561730) | 3 |
| Administrative and Support and Waste Management and Remediation Services | 2 |
| Arts, Entertainment, and Recreation | 2 |
| Construction | 2 |
| Finance and Insurance | 2 |
| Full-Service Restaurants (722511) | 2 |
| General Automotive Repair (811111) | 2 |
| Health Care and Social Assistance | 2 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 2 |
| Residential Remodelers (236118) | 2 |
| Retail Trade | 2 |
| All Other Specialty Trade Contractors (238990) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| ALP Express | 19 |
| Accredited Lenders Program | 14 |
| Premier Certified Lenders Program | 1 |
| Certified Development Company | Projects |
|---|---|
| Bay Colony Development Corporation | 29 |
| Granite State Economic Development Corporation | 5 |
- Salem Five Cents Savings Bank made 34 SBA 504 first liens totaling $18.9M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- The SBA file shows 15 approvals naming Salem Five Cents Savings Bank as first-lien lender dated in the 12 months to September 30, 2026, and 14 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
- The typical first lien was about $420K, with the middle half between $310K and $780K. SBA FOIA,
- The largest was about $1.5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 3 loans were under $150K, and 5 were $1M or more. SBA FOIA,
- The median term was 25 years. SBA FOIA,
- Its loans went most often to Landscaping Services, with 3. SBA FOIA,
- The SBA file lists 19 of its loans as processed under ALP Express. SBA FOIA,
- It worked with 2 Certified Development Companies, most often Bay Colony Development Corporation. SBA FOIA,
- Its loans were most often in Massachusetts (32) and New Hampshire (2). SBA FOIA,
What we don't know
- Whether Salem Five Cents Savings Bank is taking new SBA 504 loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.