South Eastern Economic Development Corporation

Taunton, MA504 / CDC lenderTop sector: Full-Service Restaurants

Is this my lender?

Loans approved

904

FY1991–FY2026

Dollars approved

$368.7M

$63.5M since FY2021

Average loan

$408K

$611K recently

Charge-off rate

4.1%

by dollars · 5.5% by count

Approvals over time

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What they lend against

Full-Service Restaurants42 Child Care Services29 Hotels (except Casino Hotels) and Motels27 Offices of Physicians (except Mental Health Specialists)25 General Automotive Repair20 Full-Service Restaurants18

Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Where they lend

Massachusetts824 · 91%Rhode Island80 · 9%

Share is of this lender’s entire book, so the 2 states shown need not sum to 100%. Together they account for 100% of its lending.

At a glance

Rank by recent volume#381 of 2321

First approvalFY1991

Latest approvalFY2026

States lent into2

What they charge

Too few recent 7(a) loans to quote a rate, 14 since FY2024. Rates cluster on round numbers, so a median off a handful of loans reads as precise and is not.

Program mix

7(a) · 6% (54)504 · 94% (850)

Split by loan count.

7(a) $5.1M504 $363.6M

Loss rate in context

This lender4.1%

Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 5.5%; the two measures diverge when a book is weighted toward small loans.

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