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BayCoast Bank

SWANSEA, MA 2777

69
Loans Approved
$11.2M
Total Volume
$163K
Avg Loan Size
2
States Served

States Served

MassachusettsRhode Island

Top Industries Financed

  • All Other Specialty Trade Contractors
  • Electrical Contractors
  • Limited-Service Restaurants
  • Offices of Physical, Occupational and Speech Therapists, and Audiologi
  • Engineering Services

Quick Summary

BayCoast Bank is an SBA-approved lender headquartered in SWANSEA, Massachusetts. Since 2020, they have approved 69 SBA 7(a) loans totaling $11.2M, with an average loan size of $163K. They serve businesses across 2 states.

About BayCoast Bank

BayCoast Bank is an SBA-approved lender headquartered in SWANSEA, Massachusetts. Since 2020, they have approved 69 SBA 7(a) loans totaling $11.2M, with an average loan size of $163K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is BayCoast Bank an SBA Preferred Lender?

BayCoast Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has BayCoast Bank approved?

According to SBA FOIA public records, BayCoast Bank has approved 69 SBA 7(a) loans totaling $11.2M since 2020. Their average loan size is $163K.

What states does BayCoast Bank serve?

BayCoast Bank serves businesses in 2 states: Massachusetts, Rhode Island.

How do I apply for an SBA loan with BayCoast Bank?

To apply for an SBA 7(a) loan with BayCoast Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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