Beacon Bank and Trust: SBA Lending Record

Beacon Bank and Trust: loans and programs

3,052 approved loans, $2.29 billion gross, tie to Beacon Bank and Trust across FY2017 to FY2026. All 3,052 loans at Beacon Bank and Trust are 7(a); 0 are 504. The guarantee on 3,052 loans of Beacon Bank and Trust is SBA's alone. The figures for Beacon Bank and Trust are loan records only. MA is the lender state SBA records for Beacon Bank and Trust. Beacon Bank and Trust holds or held these 3,052 loans, as SBA records them.

Asset classes and states in the Beacon Bank and Trust book

2,194 of Beacon Bank and Trust's 3,052 loans sit outside the classes followed on this site. Across tracked classes, Beacon Bank and Trust runs: Full-service restaurant (209), Limited-service restaurant (123), Fitness center (91), Child care center (70), Automotive mechanical repair (car and truck) (58), Liquor store (35), Hotel and motel (33), Beauty salon (27), Coffee shop and snack bar (25), Caterers (includes banquet halls with catering staff) (24), Grocery store (17), Beverage manufacturing (breweries, wineries, distilleries) (16). The smallest followed class is Behavioral health and addiction treatment, at 5. Full-service restaurant borrowers can place a project beside 209 such loans at Beacon Bank and Trust. Limited-service restaurant follows with 123 loans at Beacon Bank and Trust. Fitness center comes third at Beacon Bank and Trust, with 91 loans. New York ranks second among states for Beacon Bank and Trust, at 469 loans. Geography for Beacon Bank and Trust follows this order: Massachusetts (553), New York (469), Pennsylvania (420), Rhode Island (238), Connecticut (214), New Jersey (207), Florida (201), Texas (85), Maryland (75), Vermont (65), Colorado (63). The state list ends with Utah, 5 loans. MA is the lender state; Massachusetts holds the most loans, 553.

What SBA records on outcomes for Beacon Bank and Trust

For Beacon Bank and Trust approvals from FY2017 to FY2024, 7.1% were cancelled after approval, a floor; counting undisbursed loans as cancelled lifts it to 7.6%, a ceiling. Beacon Bank and Trust shows 3.9% charged off to date as a floor, across FY2017 to FY2021 disbursements totalling 1,763. The five-year view for Beacon Bank and Trust, measured from approval, reads 1.4%. Every rate for Beacon Bank and Trust is a floor, and so further losses within the FY2017 to FY2021 cohort can only push it up.

Using the Beacon Bank and Trust record in a study

Full-service restaurant at Beacon Bank and Trust opens with a read of demand. A study of Limited-service restaurant then tests development cost; Beacon Bank and Trust shows 123 loans in that class. After cost comes debt service coverage: Beacon Bank and Trust shows $2.29 billion across 3,052 loans, yet the coverage test rests on the project alone. A formal appraisal closes the study, and 91 Fitness center loans at Beacon Bank and Trust cannot do its job. Massachusetts shows 553 loans and New York shows 469 at Beacon Bank and Trust, a local picture to read with the study. Beacon Bank and Trust alone knows what it expects. No figure implies approval, and Beacon Bank and Trust sets its own terms.