SBA 7(a) lenders in MA

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

309 institutions have SBA 7(a) loans on record in MA, together $6.40B across 31,984 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	8,606	$778.4M	12.2%	3.15%
2	Live Oak Banking Company	354	$442.0M	6.9%	0.39%
3	Rockland Trust Company	1,996	$426.0M	6.7%	0.74%
4	TD Bank, National Association	2,208	$295.3M	4.6%	2.53%
5	Citizens Bank, National Association	1,649	$261.2M	4.1%	1.32%
6	Beacon Bank and Trust	1,377	$245.9M	3.8%	2.02%
7	Webster Bank National Association	579	$201.5M	3.1%	1.53%
8	Salem Five Cents Savings Bank	667	$179.0M	2.8%	1.64%
9	Manufacturers and Traders Trust Company	794	$142.3M	2.2%	1.69%
10	Leader Bank, National Association	675	$125.6M	2.0%	0.54%
11	Santander Bank, National Association	1,158	$124.0M	1.9%	2.64%
12	Wells Fargo Bank National Association	173	$113.2M	1.8%	1.56%
13	Newtek Bank, National Association	219	$103.8M	1.6%	0.00%
14	Cambridge Savings Bank	507	$102.8M	1.6%	1.67%
15	Avidia Bank	195	$96.5M	1.5%	2.49%
16	Newtek Small Business Finance, Inc.	135	$88.1M	1.4%	3.43%
17	The Huntington National Bank	208	$86.6M	1.4%	0.14%
18	Bank of America, National Association	282	$81.5M	1.3%	0.45%
19	Northeast Bank	419	$80.9M	1.3%	7.39%
20	Needham Bank	314	$74.9M	1.2%	0.20%
21	Celtic Bank Corporation	194	$69.4M	1.1%	1.33%
22	Happen Bank	164	$68.8M	1.1%	9.43%
23	TruNorth Bank	252	$62.8M	1.0%	1.69%
24	Bristol County Savings Bank	340	$61.4M	1.0%	1.52%
25	Middlesex Savings Bank	307	$56.2M	0.9%	1.26%
26	Customers Bank	61	$53.1M	0.8%	1.72%
27	Northern Bank and Trust Company	98	$51.5M	0.8%	1.22%
28	Byline Bank	39	$48.7M	0.8%	7.83%
29	Readycap Lending, LLC	162	$46.7M	0.7%	1.92%
30	The Cape Cod Five Cents Savings Bank	314	$44.1M	0.7%	1.23%
31	United Midwest Savings Bank National Association	118	$42.3M	0.7%	1.78%
32	KeyBank National Association	115	$42.0M	0.7%	3.89%
33	SouthState Bank, National Association	42	$40.1M	0.6%	0.00%
34	BayFirst National Bank	211	$38.0M	0.6%	5.33%
35	Cornerstone Bank	229	$36.7M	0.6%	5.77%
36	UniBank for Savings	423	$36.2M	0.6%	1.13%
37	South Shore Bank	360	$35.5M	0.6%	0.94%
38	Independence Bank	158	$35.2M	0.5%	26.71%
39	MountainOne Bank	133	$29.5M	0.5%	0.12%
40	St. Mary's CU	441	$27.8M	0.4%	0.55%
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	140	$25.5M	0.4%	6.61%
44	First National Bank of Pennsylvania	30	$25.1M	0.4%	4.84%
45	Bank Five Nine	24	$23.8M	0.4%	0.00%
46	First-Citizens Bank & Trust Company	59	$23.6M	0.4%	0.00%
47	First Bank of the Lake	37	$23.3M	0.4%	0.57%
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%	3.64%
54	Citibank, N.A.	28	$20.2M	0.3%	1.03%
55	First Internet Bank of Indiana	19	$20.0M	0.3%	0.00%
56	Fidelity Co-Operative Bank	72	$19.8M	0.3%	1.25%
57	Cape and Coast Bank	48	$19.6M	0.3%	0.00%
58	bankHometown	107	$18.5M	0.3%	0.11%
59	Shoreham Bank	23	$18.3M	0.3%	1.65%
60	Florence Bank	138	$17.8M	0.3%	2.61%
61	The Bancorp Bank National Association	29	$17.3M	0.3%	2.90%
62	Westfield Bank	125	$17.0M	0.3%	5.80%
63	Capital One National Association	46	$17.0M	0.3%	2.05%
64	Bluestone Bank	72	$16.8M	0.3%	2.18%
65	Pentucket Bank	37	$16.4M	0.3%	2.02%
66	PNC Bank, National Association	24	$15.5M	0.2%	9.18%
67	Baycoast Bank	111	$15.5M	0.2%	1.72%
68	Port 51 Lending LLC	9	$15.3M	0.2%	0.00%
69	Coastal Heritage Bank	86	$14.6M	0.2%	2.96%
70	Greenfield Co-Operative Bank	140	$14.2M	0.2%	3.25%
71	Harvest Small Business Finance, LLC	18	$14.0M	0.2%	0.00%
72	MASSACHUSETTS BUSINESS	13	$13.7M	0.2%	0.00%
73	Lee Bank	90	$13.5M	0.2%	0.00%
74	Enterprise Bank & Trust	11	$13.1M	0.2%	0.00%
75	Workers FCU	147	$13.0M	0.2%	2.24%
76	Truliant FCU	10	$12.5M	0.2%	0.00%
77	TowneBank	21	$12.4M	0.2%	6.94%
78	Banc of California	14	$12.4M	0.2%	0.00%
79	FDIC - Community Bank & Trust-West Georgia	14	$12.3M	0.2%	0.00%
80	East Cambridge Savings Bank	30	$12.1M	0.2%	0.81%
81	First Bank	14	$11.9M	0.2%	0.00%
82	Greylock Federal Credit Union	119	$11.8M	0.2%	9.80%
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	Newburyport Five Cents Savings Bank	70	$10.9M	0.2%	0.00%
87	First Merchants Bank	18	$10.8M	0.2%	0.00%
88	Greenfield Savings Bank	90	$10.3M	0.2%	0.79%
89	Charles River Bank	70	$10.1M	0.2%	0.00%
90	The Lowell Five Cent Savings Bank	24	$10.0M	0.2%	1.55%
91	Primary Bank	21	$9.8M	0.2%	0.00%
92	Monson Savings Bank	126	$9.6M	0.1%	0.72%
93	BankGloucester	54	$9.6M	0.1%	6.48%
94	Five Star Bank	37	$9.4M	0.1%	5.26%
95	JPMorgan Chase Bank, National Association	35	$9.4M	0.1%	3.10%
96	VelocitySBA, LLC	91	$9.2M	0.1%	1.84%
97	East West Bank	16	$8.7M	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%	2.49%
102	Lendistry SBLC, LLC	35	$8.1M	0.1%	0.00%
103	United Community Bank	15	$8.0M	0.1%	0.62%
104	Valley National Bank	2	$7.8M	0.1%	0.00%
105	Seacoast National Bank	13	$7.7M	0.1%	0.00%
106	Paragon Bank	4	$7.4M	0.1%	0.00%
107	Citizens Bank	13	$7.3M	0.1%	3.10%
108	Common Capital Inc.	55	$7.1M	0.1%	2.40%
109	North Brookfield Savings Bank	93	$7.1M	0.1%	1.30%
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	Grasshopper Bank National Association	8	$6.8M	0.1%	0.00%
113	New Valley Bank & Trust	23	$6.5M	0.1%	0.00%
114	bankESB	53	$6.4M	0.1%	3.76%
115	Main Street Bank	34	$6.2M	0.1%	0.00%
116	T Bank, National Association	5	$6.1M	0.1%	0.00%
117	Associated Bank National Association	15	$6.1M	0.1%	0.00%
118	22nd State Bank, A Division of 22nd State Banking Company	6	$6.0M	0.1%	0.00%
119	Adams Community Bank	39	$5.9M	0.1%	0.63%
120	Liberty Bank	12	$5.8M	0.1%	0.00%
121	Patriot Bank, National Association	6	$5.6M	0.1%	0.00%
122	Hanscom FCU	27	$5.5M	0.1%	0.00%
123	Evolve Bank and Trust	4	$5.4M	0.1%	0.00%
124	Colony Bank	17	$5.4M	0.1%	0.00%
125	Firstrust Savings Bank	7	$5.4M	0.1%	0.00%
126	The Bank of Canton	41	$5.3M	0.1%	0.00%
127	NBT Bank, National Association	33	$5.3M	0.1%	2.46%
128	First Utah Bank	1	$5.0M	0.1%	0.00%
129	Open Bank	1	$5.0M	0.1%	0.00%
130	Everwise Credit Union	2	$5.0M	0.1%	0.00%
131	Sharon & Crescent United CU	38	$4.9M	0.1%	0.00%
132	North Valley Bank	1	$4.8M	0.1%	0.00%
133	Hancock Whitney Bank	2	$4.5M	0.1%	0.00%
134	Bank of New England	3	$4.5M	0.1%	2.52%
135	Homefield Credit Union	20	$4.4M	0.1%	0.00%
136	Navigant CU	20	$4.4M	0.1%	0.00%
137	U.S. Bank, National Association	9	$4.4M	0.1%	0.00%
138	Hanmi Bank	5	$4.3M	0.1%	0.00%
139	IncredibleBank	4	$4.3M	0.1%	0.00%
140	American Momentum Bank	3	$4.3M	0.1%	0.00%
141	GFA FCU	35	$4.2M	0.1%	3.34%
142	HomeTrust Bank	6	$4.2M	0.1%	0.00%
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	First Commonwealth Bank	5	$3.2M	0.1%	0.00%
160	PeoplesBank	35	$3.2M	0.1%	0.00%
161	Climate First Bank	3	$3.2M	0.0%	0.00%
162	Truist Bank	8	$3.2M	0.0%	0.00%
163	Merchants Bank of Indiana	4	$3.1M	0.0%	0.00%
164	South Eastern Economic Development Corporation	27	$3.1M	0.0%	2.56%
165	Dedham Institution for Savings	24	$3.0M	0.0%	4.39%
166	The Bank of Princeton	1	$2.9M	0.0%	0.00%
167	Fund-Ex Solutions Group, LLC	3	$2.9M	0.0%	0.00%
168	Eagle Bank	7	$2.9M	0.0%	0.00%
169	GBank	3	$2.9M	0.0%	0.00%
170	Centerstone SBA Lending, Inc.	1	$2.8M	0.0%	0.00%
171	New Millennium Bank	4	$2.8M	0.0%	0.00%
172	Barrington Bank & Trust Company, National Association	2	$2.8M	0.0%	0.00%
173	The Savings Bank	17	$2.7M	0.0%	0.00%
174	Coastal1 Credit Union	12	$2.6M	0.0%	8.21%
175	Western State Bank	1	$2.5M	0.0%	0.00%
176	Belmont Bank & Trust Company	1	$2.5M	0.0%	0.00%
177	Liberty Bay Credit Union	20	$2.5M	0.0%	0.00%
178	Pinnacle Bank	2	$2.5M	0.0%	0.00%
179	NorthEast Community Bank	8	$2.4M	0.0%	0.00%
180	Haverhill Bank	15	$2.4M	0.0%	0.00%
181	The Village Bank	6	$2.4M	0.0%	0.00%
182	Walpole Co-operative Bank	21	$2.4M	0.0%	0.00%
183	Clinton Savings Bank	3	$2.4M	0.0%	0.00%
184	Kennebunk Savings Bank	9	$2.3M	0.0%	0.00%
185	BankNewport	14	$2.3M	0.0%	0.00%
186	Country Bank for Savings	23	$2.3M	0.0%	0.00%
187	Union Bank and Trust Company	1	$2.3M	0.0%	0.00%
188	CenTrust Bank, A Division of SmartBiz Bank National Association	13	$2.2M	0.0%	0.00%
189	Wilmington Savings Fund Society FSB	6	$2.2M	0.0%	0.00%
190	First Business Bank	3	$2.2M	0.0%	0.00%
191	Rollstone Bank & Trust	15	$2.2M	0.0%	0.00%
192	Capital Bank, National Association	8	$2.2M	0.0%	0.00%
193	First Bank	6	$2.2M	0.0%	20.92%
194	North State Bank	2	$2.2M	0.0%	0.00%
195	Bangor Savings Bank	11	$2.2M	0.0%	19.19%
196	The Pittsfield Co-operative Bank	17	$2.2M	0.0%	0.00%
197	The Freedom Bank of Virginia	2	$2.1M	0.0%	0.00%
198	All One Credit Union	17	$2.1M	0.0%	0.00%
199	Mid Penn Bank	1	$2.1M	0.0%	0.00%
200	Bar Harbor Bank & Trust	2	$2.0M	0.0%	0.00%

The 200 largest shown, of 309 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	190	7,351	$1.56B
2	Essex	129	4,677	$794.5M
3	Norfolk	145	3,696	$758.0M
4	Worcester	140	3,200	$745.9M
5	Suffolk	130	3,062	$644.9M
6	Plymouth	107	3,039	$559.3M
7	Bristol	112	2,182	$474.3M
8	Barnstable	84	1,689	$298.0M
9	Hampden	83	1,417	$268.1M
10	Berkshire	48	736	$121.3M
11	Hampshire	55	477	$79.1M
12	Franklin	34	259	$47.7M
13	Nantucket	17	104	$32.0M
14	Dukes	22	95	$18.8M

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.