BayCoast Bank
Headquartered in SWANSEA, MA. Analysis based on 69 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $11.2M.
Total 7(a) loans
69
Total approved
$11.2M
Average loan
$163K
States funded in
2
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
21.43%
Average rate
7.64%
Average term
100 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 238990 | All Other Specialty Trade Contractors | 6 |
| 238210 | Electrical Contractors | 5 |
| 722513 | Limited-Service Restaurants | 4 |
| 541219 | Other Accounting Services | 3 |
| 541330 | Engineering Services | 3 |
| 812910 | Pet Care (except Veterinary) Services | 3 |
| 722511 | Full-Service Restaurants | 3 |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 3 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 2 |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 |
Top 10 states
| State | Loans |
|---|---|
| MA | 46 |
| RI | 23 |
Top franchise brands financed
1 franchise loans across 1 distinct brands.
| Franchise | Loans |
|---|---|
| Del's Lemonade | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.