Geography · SBA lending record
SBA lenders in Massachusetts
6,053 SBA 7(a) loans in the last five years, from 203 different lenders. Here is who actually lends here.
Loans, last 5 years
6,053
Lent
$1799.1M
last 5 fiscal years
Active lenders
203
wrote at least one loan
Typical loan
$100k
median approved
Default rate
2.8%
nationally 2.1%
Who lends here most
last 5 fiscal years| Lender | Loans in MA | Typical loan | Typical rate |
|---|---|---|---|
| Eastern Bank | 1,200 | $75k | P+2.44 |
| TD Bank, National Association | 699 | $50k | P+3.52 |
| Rockland Trust Company | 343 | $200k | P+1.33 |
| Manufacturers and Traders Trust Company | 259 | $70k | P+3.93 |
| Salem Five Cents Savings Bank | 185 | $112k | P+2.05 |
| Beacon Bank and Trust | 167 | $150k | P+2.37 |
| Webster Bank National Association | 157 | $200k | P+2.00 |
| St. Mary's CU | 149 | $49k | P+0.61 |
| The Huntington National Bank | 145 | $308k | P+2.41 |
| Newtek Bank, National Association | 123 | $225k | P+3.44 |
Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.
What gets funded here
by industryHow big the loans are
If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.
Next
Compare all lenders → Check your eligibility → Find your industry →
Source SBA 7(a) FOIA
Released 2026-06-30
Basis where the project is, not where the bank is
SBA lending in other states
Illinois · 8,081Georgia · 6,847Washington · 6,559Colorado · 6,188Minnesota · 5,915North Carolina · 5,453Arizona · 4,645Indiana · 4,582
States with comparable volume, plus the three largest markets.