SBA 7(a) lenders in Norfolk, MA

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

Lenders

145 institutions have SBA 7(a) loans on record in Norfolk, together $758.0M across 3,696 loans. Eastern Bank is the largest, with 14% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Eastern Bank	1,120	$109.4M	14.4%	2.10%
2	Live Oak Banking Company	54	$61.3M	8.1%	0.82%
3	Rockland Trust Company	262	$58.1M	7.7%	0.80%
4	Citizens Bank, National Association	284	$45.3M	6.0%	1.36%
5	TD Bank, National Association	192	$22.9M	3.0%	1.09%
6	Webster Bank National Association	69	$21.1M	2.8%	0.47%
7	TruNorth Bank	42	$18.8M	2.5%	0.19%
8	The Huntington National Bank	32	$18.5M	2.4%	0.00%
9	Wells Fargo Bank National Association	22	$16.8M	2.2%	0.55%
10	Beacon Bank and Trust	92	$15.1M	2.0%	0.66%
11	South Shore Bank	159	$15.1M	2.0%	0.45%
12	Needham Bank	86	$14.6M	1.9%	0.86%
13	Northeast Bank	58	$13.4M	1.8%	14.90%
14	Santander Bank, National Association	135	$12.4M	1.6%	1.77%
15	Newtek Bank, National Association	27	$11.3M	1.5%	0.00%
16	Leader Bank, National Association	73	$11.2M	1.5%	0.00%
17	Happen Bank	28	$10.7M	1.4%	0.17%
18	Capital One National Association	10	$10.4M	1.4%	1.21%
19	Manufacturers and Traders Trust Company	29	$9.7M	1.3%	0.00%
20	Newtek Small Business Finance, Inc.	13	$9.4M	1.2%	0.00%
21	Pathward National Association	4	$9.4M	1.2%	0.00%
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	Bank of America, National Association	27	$6.7M	0.9%	0.53%
28	Dean Co-operative Bank	53	$6.2M	0.8%	2.40%
29	Middlesex Savings Bank	64	$6.1M	0.8%	0.00%
30	Charles River Bank	42	$6.0M	0.8%	0.00%
31	Northwest Bank	7	$6.0M	0.8%	0.00%
32	First National Bank of Pennsylvania	8	$5.9M	0.8%	4.20%
33	Cambridge Savings Bank	43	$5.9M	0.8%	4.90%
34	BayFirst National Bank	23	$5.7M	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	Readycap Lending, LLC	15	$4.7M	0.6%	0.00%
41	KeyBank National Association	8	$4.6M	0.6%	0.00%
42	Northern Bank and Trust Company	7	$4.3M	0.6%	2.96%
43	Fifth Third Bank	3	$4.2M	0.6%	0.00%
44	First-Citizens Bank & Trust Company	4	$4.1M	0.5%	0.00%
45	Primary Bank	1	$3.9M	0.5%	0.00%
46	St. Mary's CU	69	$3.7M	0.5%	0.00%
47	SouthState Bank, National Association	5	$3.7M	0.5%	0.00%
48	Avidia Bank	11	$3.5M	0.5%	18.23%
49	Truliant FCU	4	$3.4M	0.5%	0.00%
50	MountainOne Bank	13	$3.3M	0.4%	0.00%
51	Camden National Bank	4	$3.1M	0.4%	0.00%
52	Coastal Heritage Bank	29	$3.1M	0.4%	0.00%
53	East West Bank	5	$3.0M	0.4%	0.00%
54	Mechanics Cooperative Bank	10	$2.9M	0.4%	0.00%
55	Connecticut Community Bank, National Association	2	$2.5M	0.3%	0.00%
56	First Bank	2	$2.5M	0.3%	0.00%
57	Citibank, N.A.	3	$2.4M	0.3%	0.00%
58	Stearns Bank National Association	11	$2.3M	0.3%	0.00%
59	UniBank for Savings	28	$2.3M	0.3%	4.38%
60	Walpole Co-operative Bank	19	$2.1M	0.3%	0.00%
61	Merchants Bank of Indiana	2	$2.0M	0.3%	0.00%
62	First Bank of Central Ohio	3	$2.0M	0.3%	0.00%
63	Bank Five Nine	6	$2.0M	0.3%	0.00%
64	The Bancorp Bank National Association	4	$1.9M	0.3%	0.00%
65	Paragon Bank	1	$1.9M	0.3%	0.00%
66	Patriot Bank, National Association	2	$1.9M	0.3%	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	MASSACHUSETTS BUSINESS	2	$1.2M	0.2%	0.00%
81	Lendistry SBLC, LLC	5	$1.1M	0.1%	0.00%
82	JPMorgan Chase Bank, National Association	6	$1.1M	0.1%	26.82%
83	Harvest Small Business Finance, LLC	1	$930K	0.1%	0.00%
84	FDIC - Community Bank & Trust-West Georgia	3	$914K	0.1%	0.00%
85	Milestone Bank	2	$913K	0.1%	0.00%
86	The Cooperative Bank	3	$900K	0.1%	0.00%
87	Five Star Bank	3	$870K	0.1%	0.00%
88	HomeTrust Bank	2	$858K	0.1%	0.00%
89	First Business Bank	1	$754K	0.1%	0.00%
90	Metro CU	4	$750K	0.1%	0.00%
91	Fall River Five Cents Savings Bank d/b/a BankFive	2	$749K	0.1%	0.00%
92	Webster Five Cents Savings Bank	4	$710K	0.1%	0.00%
93	Simmons Bank	3	$705K	0.1%	37.28%
94	Falcon National Bank	3	$698K	0.1%	0.00%
95	United Community Bank	1	$682K	0.1%	0.00%
96	First Commonwealth Bank	2	$676K	0.1%	0.00%
97	Cornerstone Bank	3	$651K	0.1%	0.00%
98	The Cape Cod Five Cents Savings Bank	2	$650K	0.1%	0.00%
99	Sharon & Crescent United CU	8	$620K	0.1%	0.00%
100	Shoreham Bank	1	$600K	0.1%	0.00%
101	Pentucket Bank	1	$597K	0.1%	0.00%
102	Baycoast Bank	1	$583K	0.1%	0.00%
103	U.S. Bank, National Association	1	$578K	0.1%	0.00%
104	CRF Small Business Loan Company, LLC	1	$575K	0.1%	0.00%
105	Truist Bank	1	$560K	0.1%	0.00%
106	Metro City Bank	1	$550K	0.1%	39.46%
107	Hanscom FCU	3	$510K	0.1%	0.00%
108	BankNewport	1	$500K	0.1%	0.00%
109	BrightBridge Credit Union	8	$475K	0.1%	0.00%
110	First Bank	2	$472K	0.1%	65.96%
111	Gulf Coast Bank and Trust Company	1	$471K	0.1%	0.00%
112	First Merchants Bank	2	$450K	0.1%	0.00%
113	FWBank	1	$435K	0.1%	0.00%
114	Liberty Bay Credit Union	3	$358K	0.0%	0.00%
115	Bankwell Bank	1	$350K	0.0%	0.00%
116	Colony Bank	3	$308K	0.0%	0.00%
117	America First Federal Credit Union	1	$301K	0.0%	0.00%
118	Fidelity Co-Operative Bank	1	$300K	0.0%	0.00%
119	North State Bank	1	$281K	0.0%	0.00%
120	Business Development Company	1	$250K	0.0%	0.00%
121	Capital Bank, National Association	1	$250K	0.0%	0.00%
122	Bank of Hope	1	$250K	0.0%	0.00%
123	Reading Co-Operative Bank	1	$250K	0.0%	0.00%
124	BDC Community Capital Corporation	1	$230K	0.0%	0.00%
125	The Washington Trust Company of Westerly	2	$215K	0.0%	0.00%
126	Workers FCU	3	$213K	0.0%	0.00%
127	Bangor Savings Bank	1	$200K	0.0%	0.00%
128	Newburyport Five Cents Savings Bank	1	$200K	0.0%	0.00%
129	South Eastern Economic Development Corporation	3	$185K	0.0%	0.00%
130	Banesco USA	1	$181K	0.0%	0.00%
131	East Cambridge Savings Bank	2	$163K	0.0%	0.00%
132	Stone Bank	1	$163K	0.0%	0.00%
133	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	3	$155K	0.0%	0.00%
134	GBC International Bank	1	$150K	0.0%	0.00%
135	Accion Opportunity Fund Community Development	1	$150K	0.0%	0.00%
136	Heritage Bank Inc	1	$150K	0.0%	0.00%
137	Vision One CU	1	$140K	0.0%	0.00%
138	Clinton Savings Bank	1	$113K	0.0%	0.00%
139	Merrimack County Savings Bank	1	$113K	0.0%	0.00%
140	Coastal1 Credit Union	1	$100K	0.0%	0.00%
141	GFA FCU	1	$100K	0.0%	101.40%
142	NorthEast Community Bank	1	$100K	0.0%	0.00%
143	Hana Bank USA National Association	1	$75K	0.0%	0.00%
144	VelocitySBA, LLC	8	$70K	0.0%	16.78%
145	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	394	$108.3M	14.3%
2	Accommodation & food services	304	$83.8M	11.1%
3	Construction	571	$76.2M	10.0%
4	Professional & technical services	523	$74.5M	9.8%
5	Other services	370	$61.0M	8.0%
6	Retail trade	234	$51.2M	6.8%
7	Arts, entertainment & recreation	121	$43.8M	5.8%
8	Administrative & waste services	304	$42.4M	5.6%
9	Wholesale trade	137	$34.3M	4.5%
10	Finance & insurance	69	$30.8M	4.1%
11	Retail trade	128	$29.1M	3.8%
12	Manufacturing	98	$25.7M	3.4%
13	Real estate & leasing	75	$19.7M	2.6%
14	Manufacturing	67	$18.3M	2.4%
15	Educational services	62	$16.9M	2.2%
16	Transportation & warehousing	123	$13.7M	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%

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.