SBA 7(a) lenders in MA

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.

311 institutions have SBA 7(a) loans on record in MA, together $6.53B across 32,367 loans.

Shaded by rank among this state's counties, on total approvals.lessmore

Hover a county for its totals, click to open it.

Largest lenders

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Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Eastern Bank	8,681	$788.6M	12.1%	3.20%
2	Live Oak Banking Company	370	$450.6M	6.9%	0.48%
3	Rockland Trust Company	2,019	$435.1M	6.7%	0.72%
4	Santander Bank, National Association	1,740	$325.6M	5.0%	2.01%
5	TD Bank, National Association	2,246	$299.2M	4.6%	2.90%
6	Citizens Bank, National Association	1,653	$263.6M	4.0%	1.31%
7	Beacon Bank and Trust	1,385	$259.9M	4.0%	1.92%
8	Salem Five Cents Savings Bank	678	$180.6M	2.8%	1.62%
9	Manufacturers and Traders Trust Company	838	$148.3M	2.3%	1.66%
10	Leader Bank, National Association	678	$126.5M	1.9%	0.54%
11	Wells Fargo Bank National Association	173	$113.2M	1.7%	1.56%
12	Newtek Bank, National Association	226	$105.4M	1.6%	0.00%
13	Cambridge Savings Bank	507	$102.8M	1.6%	1.71%
14	Avidia Bank	195	$96.5M	1.5%	3.57%
15	The Huntington National Bank	219	$95.4M	1.5%	0.13%
16	Bank of America, National Association	287	$88.5M	1.4%	0.42%
17	Lender 2057189	135	$88.1M	1.3%	3.43%
18	bankESB	392	$84.2M	1.3%	1.04%
19	Northeast Bank	434	$82.9M	1.3%	7.21%
20	Needham Bank	315	$75.6M	1.2%	0.19%
21	Celtic Bank Corporation	195	$73.6M	1.1%	1.25%
22	Happen Bank	164	$68.8M	1.1%	9.43%
23	Bristol County Savings Bank	345	$61.7M	0.9%	1.52%
24	Middlesex Savings Bank	307	$56.2M	0.9%	1.26%
25	Northern Bank and Trust Company	100	$55.0M	0.8%	1.66%
26	Customers Bank	61	$53.1M	0.8%	1.72%
27	Byline Bank	39	$48.7M	0.7%	7.83%
28	The Cape Cod Five Cents Savings Bank	318	$48.2M	0.7%	1.22%
29	Readycap Lending, LLC	166	$47.9M	0.7%	1.87%
30	United Midwest Savings Bank National Association	121	$43.6M	0.7%	1.94%
31	KeyBank National Association	116	$42.0M	0.6%	4.01%
32	SouthState Bank, National Association	42	$40.1M	0.6%	0.00%
33	BayFirst National Bank	211	$38.0M	0.6%	5.66%
34	Cornerstone Bank	229	$36.7M	0.6%	5.77%
35	UniBank for Savings	426	$36.3M	0.6%	1.40%
36	South Shore Bank	360	$35.5M	0.5%	0.94%
37	Independence Bank	158	$35.2M	0.5%	26.71%
38	MountainOne Bank	133	$29.5M	0.5%	0.12%
39	St. Mary's CU	448	$28.4M	0.4%	0.54%
40	First Bank of the Lake	40	$28.4M	0.4%	0.47%
41	Fall River Five Cents Savings Bank d/b/a BankFive	265	$26.6M	0.4%	1.22%
42	Northwest Bank	19	$25.8M	0.4%	0.00%
43	Mechanics Cooperative Bank	141	$25.6M	0.4%	6.59%
44	First Internet Bank of Indiana	24	$25.2M	0.4%	0.00%
45	First National Bank of Pennsylvania	30	$25.1M	0.4%	4.84%
46	First-Citizens Bank & Trust Company	60	$23.8M	0.4%	0.00%
47	Bank Five Nine	24	$23.8M	0.4%	0.00%
48	Ameris Bank	25	$23.0M	0.4%	0.00%
49	MutualOne Bank	124	$22.3M	0.3%	1.22%
50	Webster Five Cents Savings Bank	123	$22.3M	0.3%	2.41%
51	Pathward National Association	14	$22.1M	0.3%	0.00%
52	North Easton Savings Bank	56	$21.3M	0.3%	0.00%
53	Stearns Bank National Association	67	$20.9M	0.3%	4.00%
54	Citibank, N.A.	28	$20.2M	0.3%	1.03%
55	Fidelity Co-Operative Bank	72	$19.8M	0.3%	1.25%
56	Cape and Coast Bank	48	$19.6M	0.3%	0.00%
57	Florence Bank	145	$18.8M	0.3%	2.48%
58	Shoreham Bank	23	$18.3M	0.3%	1.65%
59	Capital One National Association	47	$17.8M	0.3%	1.95%
60	Baycoast Bank	117	$17.5M	0.3%	1.51%
61	The Bancorp Bank National Association	29	$17.3M	0.3%	2.90%
62	Westfield Bank	125	$17.0M	0.3%	5.80%
63	Bluestone Bank	72	$16.8M	0.3%	2.18%
64	Pentucket Bank	37	$16.4M	0.3%	2.02%
65	Harvest Small Business Finance, LLC	22	$15.8M	0.2%	0.00%
66	PNC Bank, National Association	24	$15.5M	0.2%	9.18%
67	Port 51 Lending LLC	9	$15.3M	0.2%	0.00%
68	Coastal Heritage Bank	87	$14.8M	0.2%	2.92%
69	Lee Bank	94	$14.5M	0.2%	0.00%
70	Greenfield Co-Operative Bank	141	$14.3M	0.2%	3.23%
71	MASSACHUSETTS BUSINESS	13	$13.7M	0.2%	0.00%
72	Enterprise Bank & Trust	11	$13.1M	0.2%	0.00%
73	Workers FCU	147	$13.0M	0.2%	2.71%
74	Newburyport Five Cents Savings Bank	71	$12.6M	0.2%	0.00%
75	Truliant FCU	10	$12.5M	0.2%	0.00%
76	TowneBank	21	$12.4M	0.2%	6.94%
77	Banc of California	14	$12.4M	0.2%	0.00%
78	FDIC - Community Bank & Trust-West Georgia	14	$12.3M	0.2%	0.00%
79	East Cambridge Savings Bank	30	$12.1M	0.2%	0.81%
80	First Bank	14	$11.9M	0.2%	0.00%
81	Greylock Federal Credit Union	119	$11.8M	0.2%	9.80%
82	First Merchants Bank	19	$11.5M	0.2%	0.00%
83	BrightBridge Credit Union	128	$11.4M	0.2%	7.74%
84	Fifth Third Bank	12	$11.2M	0.2%	7.79%
85	Camden National Bank	14	$11.1M	0.2%	0.00%
86	Greenfield Savings Bank	90	$10.3M	0.2%	0.79%
87	The Lowell Five Cent Savings Bank	25	$10.2M	0.2%	1.52%
88	Charles River Bank	70	$10.1M	0.2%	0.00%
89	Primary Bank	21	$9.8M	0.1%	0.00%
90	Monson Savings Bank	126	$9.6M	0.1%	0.72%
91	BankGloucester	54	$9.6M	0.1%	6.48%
92	VelocitySBA, LLC	92	$9.4M	0.1%	1.79%
93	JPMorgan Chase Bank, National Association	36	$9.4M	0.1%	3.09%
94	Five Star Bank	37	$9.4M	0.1%	6.50%
95	Citizens Bank	15	$8.9M	0.1%	2.56%
96	East West Bank	16	$8.7M	0.1%	0.00%
97	Lendistry SBLC, LLC	37	$8.6M	0.1%	0.00%
98	Popular Bank	27	$8.4M	0.1%	15.92%
99	Hanover Community Bank	10	$8.3M	0.1%	0.00%
100	Bay State Savings Bank	30	$8.1M	0.1%	8.41%
101	Dean Co-operative Bank	71	$8.1M	0.1%	4.43%
102	United Community Bank	15	$8.0M	0.1%	0.62%
103	Valley National Bank	2	$7.8M	0.1%	0.00%
104	Seacoast National Bank	13	$7.7M	0.1%	0.00%
105	Paragon Bank	4	$7.4M	0.1%	0.00%
106	Common Capital Inc.	56	$7.2M	0.1%	2.37%
107	Grasshopper Bank National Association	9	$7.1M	0.1%	0.00%
108	North Brookfield Savings Bank	93	$7.1M	0.1%	1.30%
109	Capital Bank, National Association	11	$7.1M	0.1%	0.00%
110	Simmons Bank	24	$7.1M	0.1%	10.79%
111	Institution for Savings In Newburyport and its Vicinity	67	$7.1M	0.1%	1.64%
112	New Valley Bank & Trust	24	$6.9M	0.1%	0.00%
113	Hanscom FCU	38	$6.5M	0.1%	0.00%
114	Associated Bank National Association	16	$6.3M	0.1%	0.00%
115	Main Street Bank	34	$6.2M	0.1%	0.00%
116	T Bank, National Association	5	$6.1M	0.1%	0.00%
117	22nd State Bank, A Division of 22nd State Banking Company	6	$6.0M	0.1%	0.00%
118	Liberty Bank	13	$5.9M	0.1%	0.00%
119	Adams Community Bank	39	$5.9M	0.1%	0.63%
120	Patriot Bank, National Association	6	$5.6M	0.1%	0.00%
121	Evolve Bank and Trust	4	$5.4M	0.1%	0.00%
122	Colony Bank	17	$5.4M	0.1%	0.00%
123	Firstrust Savings Bank	7	$5.4M	0.1%	0.00%
124	NBT Bank, National Association	34	$5.4M	0.1%	2.41%
125	The Bank of Canton	41	$5.3M	0.1%	0.00%
126	HomeTrust Bank	7	$5.2M	0.1%	0.00%
127	First Utah Bank	1	$5.0M	0.1%	0.00%
128	Open Bank	1	$5.0M	0.1%	0.00%
129	Everwise Credit Union	2	$5.0M	0.1%	0.00%
130	Sharon & Crescent United CU	38	$4.9M	0.1%	0.00%
131	North Valley Bank	1	$4.8M	0.1%	0.00%
132	U.S. Bank, National Association	11	$4.6M	0.1%	0.00%
133	FWBank	4	$4.6M	0.1%	0.00%
134	Hancock Whitney Bank	2	$4.5M	0.1%	0.00%
135	Bank of New England	3	$4.5M	0.1%	2.52%
136	Homefield Credit Union	20	$4.4M	0.1%	0.00%
137	Navigant CU	20	$4.4M	0.1%	0.00%
138	Hanmi Bank	5	$4.3M	0.1%	0.00%
139	TruNorth Bank	22	$4.3M	0.1%	10.24%
140	IncredibleBank	4	$4.3M	0.1%	0.00%
141	American Momentum Bank	3	$4.3M	0.1%	0.00%
142	GFA FCU	35	$4.2M	0.1%	3.34%
143	Gulf Coast Bank and Trust Company	6	$4.1M	0.1%	0.00%
144	MVB Bank, Inc.	3	$4.1M	0.1%	0.00%
145	Freedom CU	17	$4.1M	0.1%	4.86%
146	Metro CU	37	$3.9M	0.1%	5.35%
147	Milestone Bank	6	$3.8M	0.1%	0.00%
148	The Millyard Bank	7	$3.7M	0.1%	0.00%
149	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	47	$3.7M	0.1%	2.75%
150	River Works CU	1	$3.7M	0.1%	0.00%
151	Meridian Bank	2	$3.6M	0.1%	0.00%
152	Align Credit Union	29	$3.6M	0.1%	3.45%
153	Bank of Hope	12	$3.5M	0.1%	1.62%
154	Reading Co-Operative Bank	20	$3.5M	0.1%	0.00%
155	CRF Small Business Loan Company, LLC	8	$3.5M	0.1%	2.49%
156	Cape Ann Savings Bank	32	$3.3M	0.1%	4.19%
157	The Cooperative Bank	12	$3.3M	0.1%	0.00%
158	Connecticut Community Bank, National Association	4	$3.3M	0.1%	0.00%
159	PeoplesBank	36	$3.2M	0.0%	0.00%
160	First Commonwealth Bank	5	$3.2M	0.0%	0.00%
161	Climate First Bank	3	$3.2M	0.0%	0.00%
162	Truist Bank	8	$3.2M	0.0%	0.00%
163	South Eastern Economic Development Corporation	28	$3.2M	0.0%	2.51%
164	Merchants Bank of Indiana	4	$3.1M	0.0%	0.00%
165	Centerstone SBA Lending, Inc.	2	$3.0M	0.0%	0.00%
166	Dedham Institution for Savings	24	$3.0M	0.0%	4.39%
167	The Bank of Princeton	1	$2.9M	0.0%	0.00%
168	Fund-Ex Solutions Group, LLC	3	$2.9M	0.0%	0.00%
169	Eagle Bank	7	$2.9M	0.0%	0.00%
170	The Savings Bank	18	$2.9M	0.0%	0.00%
171	GBank	3	$2.9M	0.0%	0.00%
172	CenTrust Bank, A Division of SmartBiz Bank National Association	16	$2.8M	0.0%	0.00%
173	New Millennium Bank	4	$2.8M	0.0%	0.00%
174	Barrington Bank & Trust Company, National Association	2	$2.8M	0.0%	0.00%
175	Coastal1 Credit Union	12	$2.6M	0.0%	8.21%
176	North State Bank	3	$2.6M	0.0%	0.00%
177	Unity Bank	2	$2.5M	0.0%	0.00%
178	Heritage Bank Inc	8	$2.5M	0.0%	5.88%
179	Western State Bank	1	$2.5M	0.0%	0.00%
180	Belmont Bank & Trust Company	1	$2.5M	0.0%	0.00%
181	Liberty Bay Credit Union	20	$2.5M	0.0%	0.00%
182	Pinnacle Bank	2	$2.5M	0.0%	0.00%
183	The Pittsfield Co-operative Bank	18	$2.5M	0.0%	0.00%
184	NorthEast Community Bank	8	$2.4M	0.0%	0.00%
185	Haverhill Bank	15	$2.4M	0.0%	0.00%
186	The Village Bank	6	$2.4M	0.0%	0.00%
187	Walpole Co-operative Bank	21	$2.4M	0.0%	0.00%
188	Clinton Savings Bank	3	$2.4M	0.0%	0.00%
189	Kennebunk Savings Bank	9	$2.3M	0.0%	0.00%
190	BankNewport	14	$2.3M	0.0%	0.00%
191	Country Bank for Savings	23	$2.3M	0.0%	0.00%
192	Union Bank and Trust Company	1	$2.3M	0.0%	0.00%
193	Wilmington Savings Fund Society FSB	6	$2.2M	0.0%	0.00%
194	First Business Bank	3	$2.2M	0.0%	0.00%
195	Rollstone Bank & Trust	15	$2.2M	0.0%	0.00%
196	FMS Bank	1	$2.2M	0.0%	0.00%
197	First Bank	6	$2.2M	0.0%	20.92%
198	Bangor Savings Bank	11	$2.2M	0.0%	19.19%
199	The Freedom Bank of Virginia	2	$2.1M	0.0%	0.00%
200	All One Credit Union	17	$2.1M	0.0%	0.00%

The 200 largest shown, of 311 lenders with a record here.

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

By county

Rank	County	Lenders	Loans	Approved
1	Middlesex	192	7,432	$1.59B
2	Essex	129	4,746	$814.7M
3	Norfolk	146	3,727	$770.4M
4	Worcester	141	3,238	$769.3M
5	Suffolk	129	3,101	$654.4M
6	Plymouth	108	3,076	$568.6M
7	Bristol	113	2,206	$481.9M
8	Barnstable	85	1,703	$305.7M
9	Hampden	82	1,439	$272.8M
10	Berkshire	49	746	$125.0M
11	Hampshire	55	489	$81.9M
12	Franklin	34	262	$48.7M
13	Nantucket	18	106	$32.5M
14	Dukes	22	96	$20.1M

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.