SBA 7(a) lenders in Middlesex, MA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

190 institutions have SBA 7(a) loans on record in Middlesex, together $1.56B across 7,351 loans. Eastern Bank is the largest, with 13% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Eastern Bank	2,095	$209.8M	13.5%	2.64%
2	Live Oak Banking Company	90	$113.4M	7.3%	0.30%
3	Rockland Trust Company	495	$96.7M	6.2%	0.67%
4	Leader Bank, National Association	385	$70.2M	4.5%	0.36%
5	Citizens Bank, National Association	480	$66.2M	4.2%	1.88%
6	TD Bank, National Association	458	$60.5M	3.9%	3.01%
7	Salem Five Cents Savings Bank	171	$59.2M	3.8%	0.72%
8	Cambridge Savings Bank	351	$52.0M	3.3%	2.50%
9	Beacon Bank and Trust	175	$46.1M	3.0%	0.28%
10	Wells Fargo Bank National Association	44	$36.5M	2.3%	1.22%
11	Santander Bank, National Association	278	$33.7M	2.2%	0.49%
12	Webster Bank National Association	126	$31.9M	2.0%	1.27%
13	Middlesex Savings Bank	178	$30.1M	1.9%	0.93%
14	Avidia Bank	71	$29.3M	1.9%	0.88%
15	Northern Bank and Trust Company	62	$26.5M	1.7%	1.89%
16	Newtek Bank, National Association	64	$25.8M	1.7%	0.00%
17	Bank of America, National Association	88	$24.3M	1.6%	0.21%
18	Manufacturers and Traders Trust Company	132	$22.3M	1.4%	2.29%
19	Customers Bank	23	$21.3M	1.4%	0.00%
20	The Huntington National Bank	52	$18.6M	1.2%	0.00%
21	Byline Bank	19	$17.9M	1.1%	2.32%
22	Northeast Bank	87	$17.2M	1.1%	9.90%
23	Happen Bank	41	$15.7M	1.0%	1.99%
24	Celtic Bank Corporation	50	$15.6M	1.0%	1.01%
25	Needham Bank	66	$15.4M	1.0%	0.14%
26	Newtek Small Business Finance, Inc.	32	$13.4M	0.9%	0.00%
27	United Midwest Savings Bank National Association	34	$11.2M	0.7%	1.25%
28	Citibank, N.A.	18	$10.6M	0.7%	1.97%
29	First-Citizens Bank & Trust Company	22	$10.4M	0.7%	0.00%
30	St. Mary's CU	207	$10.4M	0.7%	0.87%
31	MutualOne Bank	72	$10.2M	0.7%	1.71%
32	SouthState Bank, National Association	8	$9.5M	0.6%	0.00%
33	Independence Bank	26	$9.2M	0.6%	58.15%
34	Readycap Lending, LLC	36	$9.0M	0.6%	6.50%
35	First National Bank of Pennsylvania	10	$8.2M	0.5%	0.00%
36	Stearns Bank National Association	17	$8.2M	0.5%	0.00%
37	MASSACHUSETTS BUSINESS	6	$8.0M	0.5%	0.00%
38	Pentucket Bank	9	$7.9M	0.5%	0.00%
39	The Lowell Five Cent Savings Bank	15	$7.8M	0.5%	2.00%
40	Cornerstone Bank	17	$7.5M	0.5%	13.55%
41	The Bancorp Bank National Association	8	$7.4M	0.5%	1.33%
42	Workers FCU	64	$7.3M	0.5%	3.72%
43	Camden National Bank	8	$7.2M	0.5%	0.00%
44	BayFirst National Bank	40	$7.0M	0.4%	9.04%
45	First Bank of the Lake	10	$6.8M	0.4%	0.00%
46	First Internet Bank of Indiana	3	$6.5M	0.4%	0.00%
47	Shoreham Bank	10	$6.2M	0.4%	0.00%
48	TruNorth Bank	25	$6.1M	0.4%	7.84%
49	UniBank for Savings	33	$5.8M	0.4%	2.48%
50	Bank Five Nine	8	$5.5M	0.4%	0.00%
51	Paragon Bank	3	$5.5M	0.4%	0.00%
52	Fidelity Co-Operative Bank	16	$5.2M	0.3%	4.71%
53	TowneBank	10	$5.1M	0.3%	0.00%
54	First Utah Bank	1	$5.0M	0.3%	0.00%
55	Ameris Bank	6	$4.9M	0.3%	0.00%
56	Enterprise Bank & Trust	2	$4.7M	0.3%	0.00%
57	East Cambridge Savings Bank	19	$4.6M	0.3%	2.11%
58	Hancock Whitney Bank	2	$4.5M	0.3%	0.00%
59	Pathward National Association	5	$4.4M	0.3%	0.00%
60	22nd State Bank, A Division of 22nd State Banking Company	2	$4.3M	0.3%	0.00%
61	Hanover Community Bank	3	$4.1M	0.3%	0.00%
62	Popular Bank	11	$3.5M	0.2%	23.00%
63	PNC Bank, National Association	6	$3.5M	0.2%	0.00%
64	KeyBank National Association	15	$3.4M	0.2%	0.00%
65	Primary Bank	9	$3.4M	0.2%	0.00%
66	Main Street Bank	22	$3.3M	0.2%	0.00%
67	The Millyard Bank	6	$2.9M	0.2%	0.00%
68	Eagle Bank	6	$2.8M	0.2%	0.00%
69	Barrington Bank & Trust Company, National Association	2	$2.8M	0.2%	0.00%
70	Bay State Savings Bank	3	$2.6M	0.2%	0.00%
71	Simmons Bank	8	$2.6M	0.2%	6.11%
72	JPMorgan Chase Bank, National Association	11	$2.5M	0.2%	0.00%
73	Western State Bank	1	$2.5M	0.2%	0.00%
74	Pinnacle Bank	2	$2.5M	0.2%	0.00%
75	Associated Bank National Association	6	$2.4M	0.2%	0.00%
76	American Momentum Bank	2	$2.4M	0.2%	0.00%
77	The Village Bank	6	$2.4M	0.2%	0.00%
78	Colony Bank	4	$2.4M	0.2%	0.00%
79	VelocitySBA, LLC	15	$2.3M	0.1%	1.99%
80	Mid Penn Bank	1	$2.1M	0.1%	0.00%
81	Bar Harbor Bank & Trust	2	$2.0M	0.1%	0.00%
82	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	22	$2.0M	0.1%	4.96%
83	US Eagle FCU	1	$2.0M	0.1%	0.00%
84	Penn Security Bank & Trust Co.	1	$2.0M	0.1%	0.00%
85	CapitalSpring SBLC, LLC	1	$2.0M	0.1%	0.00%
86	Patriot Bank, National Association	2	$1.9M	0.1%	0.00%
87	Hanmi Bank	2	$1.9M	0.1%	0.00%
88	Coastal Heritage Bank	3	$1.8M	0.1%	0.00%
89	Milestone Bank	2	$1.8M	0.1%	0.00%
90	Jeanne D' Arc CU	10	$1.8M	0.1%	9.12%
91	Climate First Bank	2	$1.8M	0.1%	0.00%
92	Lendistry SBLC, LLC	10	$1.7M	0.1%	0.00%
93	Truist Bank	3	$1.7M	0.1%	0.00%
94	bankESB	1	$1.7M	0.1%	0.00%
95	Citizens Bank	3	$1.7M	0.1%	0.00%
96	Hanscom FCU	11	$1.7M	0.1%	0.00%
97	Newburyport Five Cents Savings Bank	6	$1.6M	0.1%	0.00%
98	Bristol County Savings Bank	7	$1.6M	0.1%	0.00%
99	Northwest Bank	2	$1.6M	0.1%	0.00%
100	The Savings Bank	9	$1.6M	0.1%	0.00%
101	East West Bank	5	$1.5M	0.1%	0.00%
102	Port 51 Lending LLC	2	$1.5M	0.1%	0.00%
103	First Bank	3	$1.5M	0.1%	0.00%
104	First Merchants Bank	2	$1.5M	0.1%	0.00%
105	Baycoast Bank	4	$1.4M	0.1%	0.00%
106	GFA FCU	4	$1.4M	0.1%	0.00%
107	Align Credit Union	12	$1.4M	0.1%	0.00%
108	Five Star Bank	4	$1.4M	0.1%	0.00%
109	BrightBridge Credit Union	18	$1.3M	0.1%	0.00%
110	Metro CU	8	$1.2M	0.1%	0.00%
111	FDIC - Community Bank & Trust-West Georgia	2	$1.2M	0.1%	0.00%
112	United Community Bank	3	$1.2M	0.1%	0.00%
113	Banc of California	2	$1.1M	0.1%	0.00%
114	Charles River Bank	7	$1.1M	0.1%	0.00%
115	MVB Bank, Inc.	1	$1.1M	0.1%	0.00%
116	Fifth Third Bank	3	$1.1M	0.1%	0.00%
117	FWBank	1	$1.0M	0.1%	0.00%
118	Metro City Bank	1	$1.0M	0.1%	0.00%
119	Community West Bank	1	$1.0M	0.1%	0.00%
120	The Freedom Bank of Virginia	1	$1.0M	0.1%	0.00%
121	Kennebunk Savings Bank	3	$900K	0.1%	0.00%
122	Grasshopper Bank National Association	2	$875K	0.1%	0.00%
123	CRF Small Business Loan Company, LLC	2	$870K	0.1%	0.00%
124	Evolve Bank and Trust	2	$838K	0.1%	0.00%
125	Everett Co-operative Bank	8	$793K	0.1%	0.00%
126	Triangle CU	6	$775K	0.0%	0.00%
127	BankUnited, National Association	2	$768K	0.0%	0.00%
128	Navigant CU	2	$760K	0.0%	0.00%
129	CenTrust Bank, A Division of SmartBiz Bank National Association	5	$750K	0.0%	0.00%
130	Wilmington Savings Fund Society FSB	2	$749K	0.0%	0.00%
131	North Easton Savings Bank	3	$748K	0.0%	0.00%
132	Rollstone Bank & Trust	3	$743K	0.0%	0.00%
133	Bangor Savings Bank	2	$725K	0.0%	57.55%
134	Harvest Small Business Finance, LLC	1	$713K	0.0%	0.00%
135	IncredibleBank	1	$700K	0.0%	0.00%
136	U.S. Bank, National Association	2	$684K	0.0%	0.00%
137	PCB Bank	2	$660K	0.0%	0.00%
138	Stone Bank	4	$625K	0.0%	0.00%
139	Webster Five Cents Savings Bank	9	$590K	0.0%	0.00%
140	South Shore Bank	4	$550K	0.0%	0.00%
141	All One Credit Union	3	$547K	0.0%	0.00%
142	Southern Bank	1	$528K	0.0%	0.00%
143	Seacoast National Bank	3	$500K	0.0%	0.00%
144	Gulf Coast Bank and Trust Company	1	$497K	0.0%	0.00%
145	Florida Capital Bank, National Association	2	$475K	0.0%	0.00%
146	Salem Co-operative Bank	3	$430K	0.0%	0.00%
147	Vision One CU	1	$400K	0.0%	0.00%
148	Titan Bank, National Association	1	$400K	0.0%	0.00%
149	Federal Deposit Insurance Corporation	1	$400K	0.0%	0.00%
150	Bank of Hope	3	$398K	0.0%	0.00%
151	Marblehead Bank	3	$384K	0.0%	0.00%
152	NorthEast Community Bank	2	$380K	0.0%	0.00%
153	Centreville Bank	1	$380K	0.0%	0.00%
154	BDC Community Capital Corporation	1	$350K	0.0%	0.00%
155	Dedham Institution for Savings	2	$350K	0.0%	25.69%
156	GBank	1	$340K	0.0%	0.00%
157	Mechanics Cooperative Bank	2	$327K	0.0%	0.00%
158	The Cooperative Bank	1	$320K	0.0%	0.00%
159	Homefield Credit Union	1	$300K	0.0%	0.00%
160	Webster First FCU	1	$300K	0.0%	0.00%
161	Bluestone Bank	1	$300K	0.0%	0.00%
162	First Commonwealth Bank	1	$295K	0.0%	0.00%
163	New Millennium Bank	2	$290K	0.0%	0.00%
164	City National Bank of Florida	1	$250K	0.0%	0.00%
165	Machias Savings Bank	1	$250K	0.0%	0.00%
166	Ascendus, Inc.	2	$237K	0.0%	0.00%
167	Fall River Five Cents Savings Bank d/b/a BankFive	2	$225K	0.0%	0.00%
168	Reading Co-Operative Bank	4	$225K	0.0%	0.00%
169	Capital One National Association	5	$225K	0.0%	19.93%
170	Granite State CU	2	$210K	0.0%	0.00%
171	Grow America Fund, Incorporated	1	$209K	0.0%	0.00%
172	Capital Bank, National Association	1	$200K	0.0%	0.00%
173	Envision Bank	1	$200K	0.0%	0.00%
174	Liberty Bay Credit Union	4	$185K	0.0%	0.00%
175	Bank of New England	1	$150K	0.0%	75.16%
176	Adams Community Bank	1	$150K	0.0%	0.00%
177	Vermont 504 Corporation	1	$150K	0.0%	0.00%
178	BankGloucester	1	$150K	0.0%	0.00%
179	MountainOne Bank	1	$150K	0.0%	0.00%
180	Cathay Bank	1	$150K	0.0%	0.00%
181	Dean Co-operative Bank	1	$150K	0.0%	0.00%
182	Heritage Bank Inc	1	$150K	0.0%	0.00%
183	University Credit Union	1	$135K	0.0%	0.00%
184	Institution for Savings In Newburyport and its Vicinity	1	$120K	0.0%	82.72%
185	South Eastern Economic Development Corporation	1	$100K	0.0%	79.78%
186	Partners Bank of New England	1	$100K	0.0%	0.00%
187	Community Investment Corporation	1	$75K	0.0%	0.00%
188	The Bank of Canton	1	$50K	0.0%	0.00%
189	Central One FCU	1	$50K	0.0%	0.00%
190	Service FCU	1	$34K	0.0%	0.00%

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.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Professional & technical services	1,060	$214.4M	13.8%
2	Health care & social assistance	637	$189.4M	12.2%
3	Construction	1,068	$188.9M	12.1%
4	Accommodation & food services	732	$145.9M	9.4%
5	Other services	755	$145.8M	9.4%
6	Retail trade	584	$120.5M	7.7%
7	Administrative & waste services	511	$89.8M	5.8%
8	Manufacturing	204	$67.7M	4.3%
9	Arts, entertainment & recreation	208	$60.2M	3.9%
10	Wholesale trade	226	$48.3M	3.1%
11	Retail trade	250	$43.0M	2.8%
12	Transportation & warehousing	236	$37.1M	2.4%
13	Finance & insurance	115	$35.9M	2.3%
14	Educational services	165	$34.5M	2.2%
15	Manufacturing	148	$31.9M	2.1%
16	Real estate & leasing	160	$31.9M	2.1%
17	Manufacturing	105	$28.2M	1.8%
18	Information	108	$23.2M	1.5%
19	Transportation & warehousing	39	$10.9M	0.7%
20	Mining & extraction	3	$5.0M	0.3%
21	Management of companies	2	$1.4M	0.1%
22	Utilities	11	$1.3M	0.1%
23	Agriculture, forestry & fishing	20	$1.2M	0.1%
24	Public administration	4	$352K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

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.