BayCoast Bank
MA
SBA-approved lender offering 7 loan programs across 11 industries.
Key Metrics
Interest Rate
7.63%
0.88% over prime
Average Loan
$136K
Per approval
Total Approvals
23
FY 2025
Loan Programs (7)
7a General
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
SBA Express Program
Change of Ownership
Loan Funds will Open Business
Industries Served (11)
All Other Miscellaneous Waste Management ServicesAll Other Specialty Trade ContractorsAutomotive Body, Paint, and Interior Repair and MaintenanceBarber ShopsCommercial and Institutional Building ConstructionElectrical ContractorsLimited-Service RestaurantsOffices of All Other Miscellaneous Health PractitionersOther Accounting ServicesPoured Concrete Foundation and Structure ContractorsWater and Sewer Line and Related Structures Construction
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.88%
- Effective Rate
- 7.63%
- Fiscal Year
- 2025
- States Served
- MA
- Website
- baycoast.bank
Ready to apply with BayCoast Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.