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SBA 7(a) record
Needham Bank: SBA 7(a) loans made
Needham Bank, a bank based in Needham, MA, made 30 SBA 7(a) loans in the 36 months ending September 30, 2026, $6.5M in all, net of cancelled approvals. The typical loan was about $100K, and 7 were in the last 12 months. Most were in Massachusetts.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 30
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $6.47M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $100K
- SBA FOIA,
- Largest loan
- $900K
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 7
- SBA FOIA,
Cite this
Source: The Lender Report, Needham Bank: SBA 7(a) loans made, https://lender.report/lender/needham-bank-ma/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | Massachusetts | SBA 7(a), All Other Consumer Goods Rental | $680K | 8.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Massachusetts | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $150K | 7.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Massachusetts | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $93K | 3% | 5 yr | SBA FOIA | |
| Mar 2026 | Massachusetts | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $200K | 6.5% | 7 yr | SBA FOIA | |
| Mar 2026 | Massachusetts | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $180K | 7% | 5 yr | SBA FOIA | |
| Jan 2026 | Massachusetts | SBA 7(a), Arts, Entertainment, and Recreation | $100K | 9.25% | 10 yr | SBA FOIA | |
| Nov 2025 | Massachusetts | SBA 7(a), Clothing and Clothing Accessories Retailers | $470K | 7.25% | 7 yr | SBA FOIA | |
| Aug 2025 | Massachusetts | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $96K | 9% | 5 yr | SBA FOIA | |
| Jul 2025 | Massachusetts | SBA 7(a), Other Services to Buildings and Dwellings | $220K | 10.25% | 10 yr | SBA FOIA | |
| Jul 2025 | Massachusetts | SBA 7(a), Other Services to Buildings and Dwellings | $100K | 9.5% | 10 yr | SBA FOIA | |
| Dec 2024 | Massachusetts | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $78K | 7% | 5 yr | SBA FOIA | |
| Oct 2024 | Massachusetts | SBA 7(a), Limited-Service Restaurants | $750K | 10% | 10 yr | SBA FOIA | |
| Oct 2024 | Massachusetts | SBA 7(a), Full-Service Restaurants | $300K | 10.5% | 10 yr | SBA FOIA | |
| Oct 2024 | Massachusetts | SBA 7(a), Beer, Wine, and Liquor Retailers | $20K | 10% | 5 yr | SBA FOIA | |
| Jul 2024 | Massachusetts | SBA 7(a), Information | $50K | 11% | 7 yr | SBA FOIA | |
| Jun 2024 | Massachusetts | SBA 7(a), Finance and Insurance | $500K | 9.5% | 10 yr | SBA FOIA | |
| Jun 2024 | Massachusetts | SBA 7(a), Fitness and Recreational Sports Centers | $25K | 10.5% | 10 yr | SBA FOIA | |
| Jun 2024 | Massachusetts | SBA 7(a), Tile and Terrazzo Contractors | $25K | 11.5% | 10 yr | SBA FOIA | |
| May 2024 | Massachusetts | SBA 7(a), Administrative Management and General Management Consulting Services | $200K | 9% | 10 yr | SBA FOIA | |
| May 2024 | Massachusetts | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $94K | 9.5% | 5 yr | SBA FOIA | |
| May 2024 | Massachusetts | SBA 7(a), Residential Remodelers | $50K | 9.5% | 10 yr | SBA FOIA | |
| May 2024 | Massachusetts | SBA 7(a), Graphic Design Services | $25K | 10% | 10 yr | SBA FOIA | |
| Apr 2024 | Massachusetts | SBA 7(a), All Other Amusement and Recreation Industries | $250K | 10.5% | 10 yr | SBA FOIA | |
| Apr 2024 | Massachusetts | SBA 7(a), New Single-Family Housing Construction (except For-Sale Builders) | $100K | 10.5% | 10 yr | SBA FOIA | |
| Apr 2024 | Massachusetts | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $68K | 9.5% | 5 yr | SBA FOIA | |
| 30 SBA 7(a) loans since October 2023, net of cancelled | $6.47M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Massachusetts | 30 | $6.47M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 16 | $1.02M |
| $150K to $350K | 8 | $1.70M |
| $350K to $1M | 6 | $3.75M |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2024 Q1 | 5 | $1.65M |
| 2024 Q2 | 10 | $1.34M |
| 2024 Q3 | 1 | $50.0K |
| 2024 Q4 | 4 | $1.15M |
| 2025 Q3 | 3 | $416K |
| 2025 Q4 | 1 | $470K |
| 2026 Q1 | 3 | $480K |
| 2026 Q2 | 2 | $243K |
| 2026 Q3 | 1 | $680K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| SBA Express Program | 17 |
| Preferred Lenders Program | 11 |
| 7a General | 2 |
- Needham Bank made 30 SBA 7(a) loans totaling $6.5M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
- 7 of them were in the 12 months to September 30, 2026, and 7 in the 12 months before. SBA FOIA,
- The typical loan was about $100K, with the middle half between $50K and $250K. SBA FOIA,
- The largest was about $900K. Every amount is rounded to 2 significant figures. SBA FOIA,
- 16 loans were under $150K, and 0 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.50% on 30 loans, with the middle half between 8.50% and 10.50%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Plumbing, Heating, and Air-Conditioning Contractors, with 5. SBA FOIA,
- The SBA file lists 17 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in Massachusetts (30). SBA FOIA,
What we don't know
- Whether Needham Bank is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.