--- title: SBA 7(a) Lenders in Massachusetts: 185 Made Loans in 3 Years url: https://lender.report/sba-7a-lenders/massachusetts/ license: https://lender.report/license/ --- SBA 7(a) ยท MA # SBA 7(a) lenders in Massachusetts 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, Sep 30, 2026 **Loans, 36 months** 4,723 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $1.42B SBA FOIA, Sep 30, 2026 **Approvals, last 12 months** 1,288 SBA FOIA, Sep 30, 2026 -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. [Show SBA 7(a) loans in Massachusetts](https://lender.report/comps/?lane=sba_7a&state=MA)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | | --- | --- | --- | --- | --- | | [Eastern Bank](https://lender.report/lender/eastern-bank-ma/) [SBA 7(a) record](https://lender.report/lender/eastern-bank-ma/sba-7a/) | Bank | Boston, MA | 934 | $129M | | [TD Bank, National Association](https://lender.report/lender/td-bank-de/) [SBA 7(a) record](https://lender.report/lender/td-bank-de/sba-7a/) | Bank | Wilmington, DE | 556 | $73.4M | | [Rockland Trust Company](https://lender.report/lender/rockland-trust-ma/) [SBA 7(a) record](https://lender.report/lender/rockland-trust-ma/sba-7a/) | Bank | Rockland, MA | 351 | $115M | | [Manufacturers and Traders Trust Company](https://lender.report/lender/manufacturers-and-traders-trust-ny/) [SBA 7(a) record](https://lender.report/lender/manufacturers-and-traders-trust-ny/sba-7a/) | Bank | Buffalo, NY | 316 | $39.2M | | [Salem Five Cents Savings Bank](https://lender.report/lender/salem-five-cents-savings-bank-ma/) [SBA 7(a) record](https://lender.report/lender/salem-five-cents-savings-bank-ma/sba-7a/) | Bank | Salem, MA | 146 | $28.8M | | [Santander Bank, N.A.](https://lender.report/lender/santander-bank-de/) [SBA 7(a) record](https://lender.report/lender/santander-bank-de/sba-7a/) | Bank | Wilmington, DE | 134 | $40.8M | | [Northeast Bank](https://lender.report/lender/northeast-bank-me/) [SBA 7(a) record](https://lender.report/lender/northeast-bank-me/sba-7a/) | Bank | Portland, ME | 128 | $17.7M | | [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) [SBA 7(a) record](https://lender.report/lender/huntington-national-bank-oh/sba-7a/) | Bank | Columbus, OH | 125 | $60.6M | | [Newtek Bank, National Association](https://lender.report/lender/newtek-bank-fl/) [SBA 7(a) record](https://lender.report/lender/newtek-bank-fl/sba-7a/) | Bank | Miami, FL | 123 | $51.0M | | [Live Oak Banking Company](https://lender.report/lender/live-oak-banking-nc/) [SBA 7(a) record](https://lender.report/lender/live-oak-banking-nc/sba-7a/) | Bank | Wilmington, NC | 119 | $132M | | [Beacon Bank and Trust](https://lender.report/lender/beacon-bank-and-trust-ma/) [SBA 7(a) record](https://lender.report/lender/beacon-bank-and-trust-ma/sba-7a/) | Bank | Boston, MA | 113 | $77.7M | | [Readycap Lending, LLC](https://lender.report/lender/readycap-lending-nj/) [SBA 7(a) record](https://lender.report/lender/readycap-lending-nj/sba-7a/) | Non-bank | Berkeley Heights, NJ | 97 | $23.1M | | [Bristol County Savings Bank](https://lender.report/lender/bristol-county-savings-bank-ma/) [SBA 7(a) record](https://lender.report/lender/bristol-county-savings-bank-ma/sba-7a/) | Bank | Taunton, MA | 82 | $8.80M | | [ST. Mary's Credit Union](https://lender.report/lender/st-mary-s-credit-union-ma/) [SBA 7(a) record](https://lender.report/lender/st-mary-s-credit-union-ma/sba-7a/) | Credit union | Marlborough, MA | 76 | $6.23M | | [Bank of America, National Association](https://lender.report/lender/bank-of-america-nc/) [SBA 7(a) record](https://lender.report/lender/bank-of-america-nc/sba-7a/) | Bank | Charlotte, NC | 73 | $39.2M | | [BayFirst National Bank](https://lender.report/lender/bayfirst-national-bank-fl/) [SBA 7(a) record](https://lender.report/lender/bayfirst-national-bank-fl/sba-7a/) | Bank | Saint Petersburg, FL | 69 | $9.85M | | [The Cape Cod Five Cents Savings Bank](https://lender.report/lender/cape-cod-five-cents-savings-bank-ma/) [SBA 7(a) record](https://lender.report/lender/cape-cod-five-cents-savings-bank-ma/sba-7a/) | Bank | Hyannis, MA | 63 | $11.7M | | [Leader Bank, National Association](https://lender.report/lender/leader-bank-ma/) [SBA 7(a) record](https://lender.report/lender/leader-bank-ma/sba-7a/) | Bank | Arlington, MA | 58 | $22.7M | | [United Midwest Savings Bank, National Association](https://lender.report/lender/united-midwest-savings-bank-oh/) [SBA 7(a) record](https://lender.report/lender/united-midwest-savings-bank-oh/sba-7a/) | Bank | Degraff, OH | 55 | $24.2M | | [Citizens Bank, National Association](https://lender.report/lender/citizens-bank-ri/) [SBA 7(a) record](https://lender.report/lender/citizens-bank-ri/sba-7a/) | Bank | Providence, RI | 47 | $20.9M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 7(a) record](https://lender.report/lender/celtic-bank-ut/sba-7a/) | Bank | Salt Lake City, UT | 46 | $16.4M | | [BayCoast Bank](https://lender.report/lender/baycoast-bank-ma/) [SBA 7(a) record](https://lender.report/lender/baycoast-bank-ma/sba-7a/) | Savings | Swansea, MA | 41 | $7.61M | | [UniBank for Savings](https://lender.report/lender/unibank-for-savings-ma/) [SBA 7(a) record](https://lender.report/lender/unibank-for-savings-ma/sba-7a/) | Bank | Whitinsville, MA | 35 | $1.73M | | [Lendistry SBLC, LLC](https://lender.report/lender/lendistry-sblc-ca/) [SBA 7(a) record](https://lender.report/lender/lendistry-sblc-ca/sba-7a/) | Non-bank | Los Angeles, CA | 33 | $8.30M | | [Cambridge Savings Bank](https://lender.report/lender/cambridge-savings-bank-ma/) [SBA 7(a) record](https://lender.report/lender/cambridge-savings-bank-ma/sba-7a/) | Bank | Cambridge, MA | 32 | $7.29M | SBA FOIA, Sep 30, 2026 [See all 185 SBA 7(a) lenders in Massachusetts in Loan Comps](https://lender.report/comps/?lane=sba_7a&state=MA) - Lenders recorded 4,723 SBA 7(a) loans totaling $1.4B in Massachusetts in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 4,366 of those, credit unions 136, and non-banks 216. SBA FOIA, Sep 30, 2026 - The five most active lenders made 48.8% of Massachusetts's SBA 7(a) loans. SBA FOIA, Sep 30, 2026 - Live Oak Banking Company recorded the most dollars in Massachusetts, at $131.6M. SBA FOIA, Sep 30, 2026 - 70 of these lenders are based in Massachusetts. SBA FOIA, Sep 30, 2026 - 52 lenders recorded 10 or more SBA 7(a) loans in Massachusetts. SBA FOIA, Sep 30, 2026 - 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, Sep 30, 2026 - 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, Sep 30, 2026 - The typical SBA 7(a) loan in Massachusetts was about $100K, with the middle half between $50K and $260K. SBA FOIA, Sep 30, 2026 - 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, Sep 30, 2026 - The median term in Massachusetts was 10 years. SBA FOIA, Sep 30, 2026 ## 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. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-7a-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). 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](https://lender.report/report/) 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.