Eastern Bank said it again ranks as the number one Small Business Administration lender in Massachusetts, the fourth straight year it has done so. Boston-based Eastern Bank made 400 SBA loans in Massachusetts totaling more than $23 million, according to figures from the SBA’s Boston District Office. By SBA calculations, those loans collectively created nearly 500 jobs and retained about 1,700 others. Eastern Bank has about $8 billion in assets and more than 90 branches serving communities from the Merrimack Valley to Cape Cod.
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