185 lenders made at least one SBA 7(a) loan in Massachusetts in the 36 months ending September 30, 2026. Eastern Bank made the most, with 934 of the 4,723 on record.
Evidence
Lender recorded at least one SBA 7(a) loan to a business in Massachusetts in the 36 months ending September 30, 2026
Data as of
SBA, September 30, 2026
Page last changed
November 11, 2026
Lenders on record
185
SBA FOIA,
Loans, 36 months
4,723
SBA FOIA,
Approvals, net of cancelled
Dollars, 36 months
$1.42B
SBA FOIA,
Approvals, last 12 months
1,288
SBA FOIA,
-24.9% from the prior 12 months
Cite this
Source: The Lender Report, SBA 7(a) lenders in Massachusetts, https://lender.report/sba-7a-lenders/massachusetts/, data as of September 30, 2026.
Describe a deal in Massachusetts
See which of these lenders made loans like yours, at your size and in your place. No account and no form.
Lenders recorded 4,723 SBA 7(a) loans totaling $1.4B in Massachusetts in the 36 months ending September 30, 2026. SBA FOIA,
Banks and savings institutions made 4,366 of those, credit unions 136, and non-banks 216. SBA FOIA,
The five most active lenders made 48.8% of Massachusetts's SBA 7(a) loans. SBA FOIA,
Live Oak Banking Company recorded the most dollars in Massachusetts, at $131.6M. SBA FOIA,
70 of these lenders are based in Massachusetts. SBA FOIA,
52 lenders recorded 10 or more SBA 7(a) loans in Massachusetts. SBA FOIA,
5 of these loans were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. SBA FOIA,
The SBA file shows 1,288 SBA 7(a) approvals in Massachusetts dated in the 12 months to September 30, 2026, versus 1,714 in the prior 12 months. Both counts leave out cancelled approvals. SBA FOIA,
The typical SBA 7(a) loan in Massachusetts was about $100K, with the middle half between $50K and $260K. SBA FOIA,
Lenders reported a median rate of 10.00% on 4,723 loans in Massachusetts, with the middle half between 8.50% and 11.25%. SBA FOIA,
The median term in Massachusetts was 10 years. SBA FOIA,
How this list is defined
Measure
SBA 7(a) loans made in Massachusetts
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 7(a) approvals located in Massachusetts and dated in the 36 months ending September 30, 2026, whose status is not cancelled. A lender is listed if it made at least one.
Order
Largest first by loans in the 36 months, then dollars, then name. Payment is not part of the order.
: First published, with the data built on this date.
Is your institution on this list? Show your rank. It carries the date and links back to this page.
SBA 7(a) is the main SBA loan program for small businesses. The SBA guarantees part of each loan and the lender decides who gets one.
SBA figures are approvals, shown net of cancelled loans where the column says so. SBA has not reviewed or endorsed this site.
Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out.
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.