SBA 7(a) lenders in Norfolk, MA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

146 institutions have SBA 7(a) loans on record in Norfolk, together $770.4M across 3,727 loans. Eastern Bank is the largest, with 14% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Eastern Bank	1,128	$110.3M	14.3%	2.06%
2	Live Oak Banking Company	56	$61.9M	8.0%	1.54%
3	Rockland Trust Company	268	$59.2M	7.7%	0.78%
4	Citizens Bank, National Association	284	$45.3M	5.9%	1.36%
5	Santander Bank, National Association	204	$33.5M	4.3%	0.95%
6	TD Bank, National Association	194	$22.9M	3.0%	1.51%
7	The Huntington National Bank	33	$21.0M	2.7%	0.00%
8	TruNorth Bank	30	$17.5M	2.3%	0.00%
9	Wells Fargo Bank National Association	22	$16.8M	2.2%	0.55%
10	Needham Bank	87	$15.3M	2.0%	0.82%
11	Beacon Bank and Trust	92	$15.1M	2.0%	0.66%
12	South Shore Bank	159	$15.1M	2.0%	0.45%
13	Northeast Bank	60	$13.5M	1.8%	14.81%
14	Leader Bank, National Association	74	$11.8M	1.5%	0.00%
15	Newtek Bank, National Association	27	$11.3M	1.5%	0.00%
16	Capital One National Association	11	$11.2M	1.5%	1.12%
17	Happen Bank	28	$10.7M	1.4%	0.17%
18	Manufacturers and Traders Trust Company	30	$9.7M	1.3%	0.07%
19	Newtek Small Business Finance, LLC	13	$9.4M	1.2%	0.00%
20	Pathward National Association	4	$9.4M	1.2%	0.00%
21	Bank of America, National Association	28	$8.8M	1.1%	0.40%
22	Bristol County Savings Bank	31	$8.6M	1.1%	0.00%
23	Customers Bank	7	$7.4M	1.0%	5.65%
24	Salem Five Cents Savings Bank	16	$7.2M	0.9%	0.00%
25	Independence Bank	23	$6.9M	0.9%	23.09%
26	Bluestone Bank	13	$6.7M	0.9%	3.12%
27	Dean Co-operative Bank	53	$6.2M	0.8%	4.94%
28	Middlesex Savings Bank	64	$6.1M	0.8%	0.00%
29	Charles River Bank	42	$6.0M	0.8%	0.00%
30	Northwest Bank	7	$6.0M	0.8%	0.00%
31	First National Bank of Pennsylvania	8	$5.9M	0.8%	4.20%
32	Cambridge Savings Bank	43	$5.9M	0.8%	4.90%
33	BayFirst National Bank	23	$5.7M	0.7%	0.00%
34	Readycap Lending, LLC	16	$5.5M	0.7%	0.00%
35	Byline Bank	2	$5.3M	0.7%	63.58%
36	United Midwest Savings Bank National Association	16	$5.0M	0.7%	4.47%
37	Celtic Bank Corporation	23	$4.9M	0.6%	5.62%
38	First Bank of the Lake	5	$4.8M	0.6%	0.00%
39	The Bank of Canton	37	$4.7M	0.6%	0.00%
40	KeyBank National Association	8	$4.6M	0.6%	0.00%
41	First-Citizens Bank & Trust Company	5	$4.4M	0.6%	0.00%
42	Northern Bank and Trust Company	7	$4.3M	0.6%	2.96%
43	Fifth Third Bank	3	$4.2M	0.5%	0.00%
44	Primary Bank	1	$3.9M	0.5%	0.00%
45	St. Mary's CU	69	$3.7M	0.5%	0.00%
46	SouthState Bank, National Association	5	$3.7M	0.5%	0.00%
47	Avidia Bank	11	$3.5M	0.5%	18.23%
48	Truliant FCU	4	$3.4M	0.4%	0.00%
49	MountainOne Bank	13	$3.3M	0.4%	0.00%
50	Camden National Bank	4	$3.1M	0.4%	0.00%
51	Coastal Heritage Bank	29	$3.1M	0.4%	0.00%
52	East West Bank	5	$3.0M	0.4%	0.00%
53	Mechanics Cooperative Bank	10	$2.9M	0.4%	0.00%
54	Connecticut Community Bank, National Association	2	$2.5M	0.3%	0.00%
55	First Bank	2	$2.5M	0.3%	0.00%
56	Citibank, N.A.	3	$2.4M	0.3%	0.00%
57	Stearns Bank National Association	11	$2.3M	0.3%	0.00%
58	UniBank for Savings	28	$2.3M	0.3%	4.38%
59	Walpole Co-operative Bank	19	$2.1M	0.3%	0.00%
60	Merchants Bank of Indiana	2	$2.0M	0.3%	0.00%
61	First Bank of Central Ohio	3	$2.0M	0.3%	0.00%
62	Bank Five Nine	6	$2.0M	0.3%	0.00%
63	HomeTrust Bank	3	$1.9M	0.3%	0.00%
64	The Bancorp Bank National Association	4	$1.9M	0.2%	0.00%
65	Paragon Bank	1	$1.9M	0.2%	0.00%
66	Patriot Bank, National Association	2	$1.9M	0.2%	0.00%
67	American Momentum Bank	1	$1.9M	0.2%	0.00%
68	Enterprise Bank & Trust	2	$1.9M	0.2%	0.00%
69	Seacoast National Bank	2	$1.9M	0.2%	0.00%
70	Ameris Bank	4	$1.8M	0.2%	0.00%
71	PNC Bank, National Association	3	$1.7M	0.2%	0.00%
72	Blue Ridge Bank National Association	1	$1.7M	0.2%	0.00%
73	North Easton Savings Bank	8	$1.6M	0.2%	0.00%
74	Port 51 Lending LLC	2	$1.6M	0.2%	0.00%
75	Dedham Institution for Savings	15	$1.6M	0.2%	2.46%
76	MutualOne Bank	10	$1.6M	0.2%	0.00%
77	T Bank, National Association	1	$1.5M	0.2%	0.00%
78	Navigant CU	5	$1.4M	0.2%	0.00%
79	TowneBank	4	$1.3M	0.2%	0.00%
80	TruNorth Bank	12	$1.2M	0.2%	2.86%
81	MASSACHUSETTS BUSINESS	2	$1.2M	0.2%	0.00%
82	Lendistry SBLC, LLC	5	$1.1M	0.1%	0.00%
83	JPMorgan Chase Bank, National Association	6	$1.1M	0.1%	26.82%
84	Harvest Small Business Finance, LLC	1	$930K	0.1%	0.00%
85	FDIC - Community Bank & Trust-West Georgia	3	$914K	0.1%	0.00%
86	Milestone Bank	2	$913K	0.1%	0.00%
87	The Cooperative Bank	3	$900K	0.1%	0.00%
88	Five Star Bank	3	$870K	0.1%	13.36%
89	Citizens Bank	1	$786K	0.1%	0.00%
90	First Business Bank	1	$754K	0.1%	0.00%
91	Metro CU	4	$750K	0.1%	0.00%
92	Fall River Five Cents Savings Bank d/b/a BankFive	2	$749K	0.1%	0.00%
93	Webster Five Cents Savings Bank	4	$710K	0.1%	0.00%
94	Simmons Bank	3	$705K	0.1%	37.28%
95	Falcon National Bank	3	$698K	0.1%	0.00%
96	United Community Bank	1	$682K	0.1%	0.00%
97	First Commonwealth Bank	2	$676K	0.1%	0.00%
98	Cornerstone Bank	3	$651K	0.1%	0.00%
99	The Cape Cod Five Cents Savings Bank	2	$650K	0.1%	0.00%
100	Sharon & Crescent United CU	8	$620K	0.1%	0.00%
101	Shoreham Bank	1	$600K	0.1%	0.00%
102	Pentucket Bank	1	$597K	0.1%	0.00%
103	Baycoast Bank	1	$583K	0.1%	0.00%
104	U.S. Bank, National Association	1	$578K	0.1%	0.00%
105	CRF Small Business Loan Company, LLC	1	$575K	0.1%	0.00%
106	Truist Bank	1	$560K	0.1%	0.00%
107	Metro City Bank	1	$550K	0.1%	39.46%
108	Hanscom FCU	4	$530K	0.1%	0.00%
109	BankNewport	1	$500K	0.1%	0.00%
110	BrightBridge Credit Union	8	$475K	0.1%	0.00%
111	First Bank	2	$472K	0.1%	65.96%
112	Gulf Coast Bank and Trust Company	1	$471K	0.1%	0.00%
113	First Merchants Bank	2	$450K	0.1%	0.00%
114	FWBank	1	$435K	0.1%	0.00%
115	Liberty Bay Credit Union	3	$358K	0.0%	0.00%
116	Bankwell Bank	1	$350K	0.0%	0.00%
117	Colony Bank	3	$308K	0.0%	0.00%
118	America First Federal Credit Union	1	$301K	0.0%	0.00%
119	Fidelity Co-Operative Bank	1	$300K	0.0%	0.00%
120	North State Bank	1	$281K	0.0%	0.00%
121	Bank of Hope	1	$250K	0.0%	0.00%
122	Business Development Company	1	$250K	0.0%	0.00%
123	Reading Co-Operative Bank	1	$250K	0.0%	0.00%
124	Capital Bank, National Association	1	$250K	0.0%	0.00%
125	BDC Community Capital Corporation	1	$230K	0.0%	0.00%
126	The Washington Trust Company of Westerly	2	$215K	0.0%	0.00%
127	Workers FCU	3	$213K	0.0%	0.00%
128	Bangor Savings Bank	1	$200K	0.0%	0.00%
129	Newburyport Five Cents Savings Bank	1	$200K	0.0%	0.00%
130	South Eastern Economic Development Corporation	3	$185K	0.0%	0.00%
131	Banesco USA	1	$181K	0.0%	0.00%
132	East Cambridge Savings Bank	2	$163K	0.0%	0.00%
133	Stone Bank	1	$163K	0.0%	0.00%
134	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	3	$155K	0.0%	0.00%
135	GBC International Bank	1	$150K	0.0%	0.00%
136	Accion Opportunity Fund Community Development	1	$150K	0.0%	0.00%
137	Heritage Bank Inc	1	$150K	0.0%	0.00%
138	Vision One CU	1	$140K	0.0%	0.00%
139	Clinton Savings Bank	1	$113K	0.0%	0.00%
140	Merrimack County Savings Bank	1	$113K	0.0%	0.00%
141	Coastal1 Credit Union	1	$100K	0.0%	0.00%
142	NorthEast Community Bank	1	$100K	0.0%	0.00%
143	GFA FCU	1	$100K	0.0%	101.40%
144	Hana Bank USA National Association	1	$75K	0.0%	0.00%
145	VelocitySBA, LLC	8	$70K	0.0%	16.78%
146	Everett Co-operative Bank	1	$15K	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	Health care & social assistance	399	$111.4M	14.5%
2	Accommodation & food services	312	$88.3M	11.5%
3	Construction	575	$76.6M	9.9%
4	Professional & technical services	526	$74.9M	9.7%
5	Other services	370	$61.0M	7.9%
6	Retail trade	235	$51.9M	6.7%
7	Arts, entertainment & recreation	125	$45.5M	5.9%
8	Administrative & waste services	305	$42.4M	5.5%
9	Wholesale trade	138	$34.3M	4.5%
10	Finance & insurance	69	$30.8M	4.0%
11	Retail trade	128	$29.1M	3.8%
12	Manufacturing	98	$25.7M	3.3%
13	Real estate & leasing	76	$20.4M	2.6%
14	Manufacturing	67	$18.3M	2.4%
15	Educational services	63	$17.4M	2.3%
16	Transportation & warehousing	124	$13.8M	1.8%
17	Manufacturing	55	$13.1M	1.7%
18	Information	32	$7.0M	0.9%
19	Utilities	8	$4.9M	0.6%
20	Transportation & warehousing	12	$2.1M	0.3%
21	Agriculture, forestry & fishing	6	$658K	0.1%
22	Management of companies	1	$497K	0.1%
23	Mining & extraction	2	$200K	0.0%
24	Public administration	1	$100K	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.