Loading...
Florence Bank is a community-focused mutual bank founded in 1873, serving Western Massachusetts with personal and business banking solutions. Operating without shareholders, the bank prioritizes customers and community engagement through comprehensive financial services and annual grants to local nonprofits.
Have you worked with Florence Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of December 31, 2025
Median
$2.0M
Average
$2.0M
Sweet Spot
$3M-$4M
Industries with highest loan volume
Coin-Operated Laundries and Drycleaners
1
loans
$380K
avg. amount
Coin-Operated Laundries and Drycleaners
Loans
1
Avg. Amount
$380K
Plastics Materials and Basic Forms and Shapes Merchant Wholesalers
1
loans
$3.7M
avg. amount
Plastics Materials and Basic Forms and Shapes Merchant Wholesalers
Loans
1
Avg. Amount
$3.7M
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
Rate distribution data not available
Market comparison data not available
Spread over Prime at time of loan origination
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)