Can Salem Five Cents Savings Bank fund you? The bank behind the loans
Total assets
$8.6B
▲ 0.4% vs prior quarter
Deposits on hand
$6.0B
▲ 0.9% vs prior quarter
Loans outstanding
$6.5B
▲ 0.4% vs prior quarter
Net income (latest qtr)
$19.5M
•SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Salem Five Cents Savings Bank more SBA-focused than 26% of the banks on our record.
•Deposits grew last quarter — more raw lending capacity than the quarter before.
•Return on assets of 0.91% — under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.
FDIC call-report data, quarter ending 03/2026.
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Get in touch with Salem Five Cents Savings Bank
Tell us where to reach you and we'll arrange the introduction — to Salem Five Cents Savings Bank or a comparable SBA specialist who fits your deal even better.
Walk into a Salem Five Cents Savings Bank branch (34)
Salem Five Cents Savings BankMain office71 Washington StSalem, MA 01970 · since 1855
Stoneham Main Off359 Main StStoneham, MA 02180 · since 1855
Georgetown Head Off Br2 E Main StGeorgetown, MA 01833 · since 1868
Salem Branch424 Essex StSalem, MA 01970 · since 1958
South Hamilton Branch2 Bay RdSouth Hamilton, MA 01982 · since 1960
Swampscott Branch450 Paradise RdSwampscott, MA 01907 · since 1975
Stoneham Branch88 Main StStoneham, MA 02180 · since 1976
High Street Branch85 High StDanvers, MA 01923 · since 1989
North Andover Branch601 Chickering RdNorth Andover, MA 01845 · since 1997
Rowley Branch
Scroll for all 34 branches · Branch data: FDIC BankFind.
Recent deals
Next Level Now, Inc.in Portsmouth, NH — $1.3M (2026) · Other Accounting Services
DealRoom analysis of public lending records, FY2020–present. Not affiliated with Salem Five Cents Savings Bank.
AI summary
Salem Five Cents Savings Bank is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.
Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.
Find the bank most likely to fund your deal
Salem Five Cents Savings Bank is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.
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303 Haverhill St
Rowley, MA 01969 · since 1999
Directbanking Branch210 Essex StSalem, MA 01970 · since 1999
Burlington Branch36 Cambridge StBurlington, MA 01803 · since 2000
Main Street Branch2171 Main StTewksbury, MA 01876 · since 2001
Rogers Street Branch691 Rogers StLowell, MA 01852 · since 2004
Malden Branch90 Highland AveMalden, MA 02148 · since 2004
Marblehead Branch89 Pleasant StMarblehead, MA 01945 · since 2004
Beverly Branch495 Cabot StBeverly, MA 01915 · since 2005
North Andover Branch562a Turnpike StNorth Andover, MA 01845 · since 2005
Boston Street Lynn Branch35 Boston StLynn, MA 01904 · since 2007
Woburn Branch443 Main StWoburn, MA 01801 · since 2007
Sudbury Branch19 Concord RdSudbury, MA 01776 · since 2008
Reading Branch8 Walkers Brook DrReading, MA 01867 · since 2009
Beverly Farms Branch19 West StBeverly, MA 01915 · since 2010
Bedford Branch285 Great RdBedford, MA 01730 · since 2014
Needham Branch355 Chestnut StNeedham, MA 02492 · since 2016
Middleton221 S Main StMiddleton, MA 01949 · since 2018
Saugus855 BroadwaySaugus, MA 01906 · since 2019
Endicott160 Endicott StDanvers, MA 01923 · since 2019
South Peabody91 Lynnfield StPeabody, MA 01960 · since 2019
Peabody Square BranchOne Main StreetPeabody, MA 01960 · since 2020
Billerica Branch188 Boston RdNorth Billerica, MA 01862 · since 2020
Boston Branch1 Center PlzBoston, MA 02108 · since 2020
Wilmington Branch Office281 Main StWilmington, MA 01887 · since 2021
South Beverly Branch140 Rantoul StreetBeverly, MA 01915 · since 2023
8
Business age
Change of Ownership
Industry
Coin-Operated Laundries and Drycleaners
If you were the buyer here
Est. deal size
$1.0M
Est. down payment (10%)
$100K
Est. cash at closing
$137K
Monthly payment
$13,804
Annual debt service
$166K
Cash flow needed (1.25×)
$207K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.