SHANE PIERSON · SBA DATA
SBA Lenders · Salem Five Cents Savings Bank

SBA Lending by Salem Five Cents Savings Bank

Salem Five Cents Savings Bank is an active SBA 7(a) lender, ranked #203 nationally by all-time volume, with 762 approved 7(a) loans worth $181M on record.

762
7(a) loans made
$181M
Approved dollars
$236,956
Average loan size
#203
Rank, all-time volume
#152
Rank, volume since 2020
0.1%
Share of U.S. 7(a) since 2020
+2%
Annualized vs prior decade
4.9%
Active-loan distress
33%
Made under PLP authority

Between 1991 and mid-2026, Salem Five Cents Savings Bank approved 762 SBA 7(a) loans worth $181M across the country, at an average of $236,956 per loan. That places it #203 among all U.S. SBA 7(a) lenders. About 33% were written under Preferred Lender (PLP) authority, and 4.9% of its book is currently delinquent, past due, or in liquidation.

Where Salem Five Cents Savings Bank lends most

What Salem Five Cents Savings Bank funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.