SBA 7(a) lenders in Suffolk, MA

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

Lenders

129 institutions have SBA 7(a) loans on record in Suffolk, together $654.4M across 3,101 loans. Eastern Bank is the largest, with 17% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Eastern Bank	1,146	$112.3M	17.2%	3.89%
2	Santander Bank, National Association	278	$45.1M	6.9%	2.70%
3	Citizens Bank, National Association	253	$43.9M	6.7%	1.24%
4	Live Oak Banking Company	27	$33.6M	5.1%	1.44%
5	Rockland Trust Company	122	$32.3M	4.9%	0.00%
6	Beacon Bank and Trust	118	$29.2M	4.5%	0.20%
7	TD Bank, National Association	175	$28.5M	4.4%	3.75%
8	Leader Bank, National Association	100	$25.0M	3.8%	0.11%
9	Salem Five Cents Savings Bank	37	$22.8M	3.5%	0.00%
10	Manufacturers and Traders Trust Company	101	$18.9M	2.9%	1.51%
11	Cambridge Savings Bank	55	$18.1M	2.8%	0.00%
12	Newtek Bank, National Association	29	$13.0M	2.0%	0.00%
13	Northeast Bank	47	$11.5M	1.8%	3.49%
14	Middlesex Savings Bank	25	$11.4M	1.7%	2.37%
15	Happen Bank	35	$11.1M	1.7%	0.00%
16	The Huntington National Bank	19	$10.7M	1.6%	0.00%
17	Wells Fargo Bank National Association	13	$9.4M	1.4%	0.07%
18	Bank of America, National Association	36	$8.6M	1.3%	0.15%
19	Customers Bank	6	$8.0M	1.2%	6.20%
20	Northwest Bank	2	$7.1M	1.1%	0.00%
21	Newtek Small Business Finance, LLC	9	$6.5M	1.0%	4.17%
22	Needham Bank	29	$6.2M	0.9%	0.00%
23	Avidia Bank	13	$6.1M	0.9%	0.00%
24	BayFirst National Bank	28	$5.4M	0.8%	6.21%
25	Capital One National Association	9	$5.3M	0.8%	0.00%
26	Readycap Lending, LLC	20	$5.1M	0.8%	2.33%
27	First-Citizens Bank & Trust Company	25	$4.7M	0.7%	0.00%
28	Northern Bank and Trust Company	6	$4.3M	0.7%	6.53%
29	Bank of New England	1	$4.3M	0.6%	0.00%
30	Grasshopper Bank National Association	2	$4.0M	0.6%	0.00%
31	River Works CU	1	$3.7M	0.6%	0.00%
32	MutualOne Bank	20	$3.7M	0.6%	2.69%
33	Webster Five Cents Savings Bank	10	$3.7M	0.6%	0.00%
34	Meridian Bank	2	$3.6M	0.6%	0.00%
35	Celtic Bank Corporation	19	$3.6M	0.5%	4.00%
36	TruNorth Bank	15	$3.5M	0.5%	0.85%
37	PNC Bank, National Association	5	$3.2M	0.5%	44.28%
38	Byline Bank	2	$3.0M	0.5%	0.00%
39	Enterprise Bank & Trust	2	$2.9M	0.4%	0.00%
40	T Bank, National Association	2	$2.9M	0.4%	0.00%
41	Centerstone SBA Lending, Inc.	1	$2.8M	0.4%	0.00%
42	East Cambridge Savings Bank	7	$2.5M	0.4%	0.00%
43	SouthState Bank, National Association	2	$2.4M	0.4%	0.00%
44	Union Bank and Trust Company	1	$2.3M	0.3%	0.00%
45	FDIC - Community Bank & Trust-West Georgia	2	$2.2M	0.3%	0.00%
46	The Cooperative Bank	8	$2.1M	0.3%	0.00%
47	JPMorgan Chase Bank, National Association	8	$1.9M	0.3%	0.00%
48	Fifth Third Bank	4	$1.9M	0.3%	47.13%
49	St. Mary's CU	5	$1.8M	0.3%	0.00%
50	The Bancorp Bank National Association	3	$1.8M	0.3%	0.00%
51	NorthEast Community Bank	3	$1.6M	0.2%	0.00%
52	South Shore Bank	8	$1.6M	0.2%	0.00%
53	Hometown Bank	1	$1.5M	0.2%	0.00%
54	Popular Bank	4	$1.5M	0.2%	0.00%
55	MountainOne Bank	5	$1.4M	0.2%	0.00%
56	United Midwest Savings Bank National Association	8	$1.4M	0.2%	9.64%
57	Independence Bank	15	$1.4M	0.2%	17.29%
58	Lendistry SBLC, LLC	6	$1.3M	0.2%	0.00%
59	BrightBridge Credit Union	11	$1.3M	0.2%	0.00%
60	Coastal Heritage Bank	3	$1.3M	0.2%	23.24%
61	Firstrust Savings Bank	2	$1.2M	0.2%	0.00%
62	Five Star Bank	5	$1.1M	0.2%	27.69%
63	First Internet Bank of Indiana	2	$1.1M	0.2%	0.00%
64	VelocitySBA, LLC	11	$1.1M	0.2%	0.91%
65	North Easton Savings Bank	4	$1.1M	0.2%	0.00%
66	Citibank, N.A.	4	$1.1M	0.2%	0.00%
67	Capital Bank, National Association	3	$1.0M	0.2%	0.00%
68	Bristol County Savings Bank	3	$1.0M	0.2%	0.00%
69	Newburyport Five Cents Savings Bank	4	$996K	0.2%	0.00%
70	Coastal1 Credit Union	3	$980K	0.1%	0.00%
71	Fall River Five Cents Savings Bank d/b/a BankFive	5	$975K	0.1%	0.00%
72	Commonwealth Business Bank	1	$900K	0.1%	0.00%
73	BankGloucester	7	$885K	0.1%	11.23%
74	First Bank	1	$814K	0.1%	0.00%
75	Ameris Bank	2	$750K	0.1%	0.00%
76	22nd State Bank, A Division of 22nd State Banking Company	2	$707K	0.1%	0.00%
77	Hanscom FCU	4	$660K	0.1%	0.00%
78	Simmons Bank	2	$651K	0.1%	0.00%
79	Stearns Bank National Association	4	$640K	0.1%	0.00%
80	Coastal States Bank	1	$632K	0.1%	0.00%
81	Truist Bank	3	$611K	0.1%	0.00%
82	The Bank of Canton	3	$585K	0.1%	0.00%
83	Colony Bank	3	$579K	0.1%	0.00%
84	Dedham Institution for Savings	4	$554K	0.1%	0.00%
85	Bangor Savings Bank	3	$548K	0.1%	0.00%
86	First Bank of the Lake	2	$545K	0.1%	0.00%
87	First Merchants Bank	1	$525K	0.1%	0.00%
88	City National Bank	2	$504K	0.1%	0.00%
89	City National Bank of Florida	1	$500K	0.1%	0.00%
90	Liberty Bay Credit Union	3	$485K	0.1%	0.00%
91	Bank Five Nine	1	$485K	0.1%	0.00%
92	East West Bank	2	$470K	0.1%	0.00%
93	Metro CU	6	$446K	0.1%	17.01%
94	Bank of Hope	2	$400K	0.1%	0.00%
95	Pentucket Bank	1	$390K	0.1%	0.00%
96	KeyBank National Association	3	$382K	0.1%	0.00%
97	Milestone Bank	1	$350K	0.1%	0.00%
98	Primary Bank	1	$350K	0.1%	0.00%
99	Bankwell Bank	1	$350K	0.1%	0.00%
100	Workers FCU	4	$347K	0.1%	0.00%
101	Cape & Islands Community Development, Inc.	1	$304K	0.0%	0.00%
102	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$300K	0.0%	0.00%
103	Vision One CU	2	$300K	0.0%	0.00%
104	National Cooperative Bank, National Association	1	$300K	0.0%	0.00%
105	Shoreham Bank	1	$255K	0.0%	0.00%
106	UniBank for Savings	1	$225K	0.0%	0.00%
107	Business Lenders, LLC	1	$220K	0.0%	0.00%
108	Cathay Bank	1	$215K	0.0%	0.00%
109	Woori America Bank	1	$210K	0.0%	0.00%
110	Citizens Bank	1	$200K	0.0%	0.00%
111	First Priority CU	1	$200K	0.0%	0.00%
112	Align Credit Union	3	$165K	0.0%	0.00%
113	Banc of California	1	$165K	0.0%	0.00%
114	Reading Co-Operative Bank	1	$150K	0.0%	0.00%
115	CDC Small Business Finance Corp.	1	$140K	0.0%	0.00%
116	South Eastern Economic Development Corporation	1	$140K	0.0%	0.00%
117	Ascendus, Inc.	1	$133K	0.0%	0.00%
118	Genesee Regional Bank	1	$125K	0.0%	0.00%
119	Ledyard National Bank	2	$110K	0.0%	0.00%
120	Accion Opportunity Fund Community Development	1	$106K	0.0%	0.00%
121	Webster First FCU	1	$100K	0.0%	0.00%
122	Dorchester Bay Economic Development Corporation	1	$95K	0.0%	0.00%
123	The Lowell Five Cent Savings Bank	1	$75K	0.0%	0.00%
124	OceanFirst Bank, National Association	1	$70K	0.0%	0.00%
125	Main Street Bank	1	$50K	0.0%	0.00%
126	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	1	$45K	0.0%	0.00%
127	Everett Co-operative Bank	2	$40K	0.0%	0.00%
128	The National Grand Bank of Marblehead	1	$37K	0.0%	0.00%
129	North Brookfield Savings Bank	1	$20K	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	Accommodation & food services	492	$123.8M	18.9%
2	Professional & technical services	540	$108.9M	16.6%
3	Retail trade	301	$64.5M	9.9%
4	Health care & social assistance	238	$60.2M	9.2%
5	Other services	313	$51.9M	7.9%
6	Manufacturing	78	$33.2M	5.1%
7	Construction	228	$29.8M	4.5%
8	Wholesale trade	121	$29.3M	4.5%
9	Arts, entertainment & recreation	89	$25.6M	3.9%
10	Administrative & waste services	165	$19.3M	3.0%
11	Transportation & warehousing	123	$18.9M	2.9%
12	Retail trade	105	$17.1M	2.6%
13	Finance & insurance	56	$13.4M	2.1%
14	Information	46	$13.3M	2.0%
15	Real estate & leasing	74	$12.4M	1.9%
16	Manufacturing	40	$12.2M	1.9%
17	Transportation & warehousing	17	$7.8M	1.2%
18	Educational services	34	$5.3M	0.8%
19	Manufacturing	28	$3.4M	0.5%
20	Agriculture, forestry & fishing	4	$1.6M	0.2%
21	Management of companies	1	$1.4M	0.2%
22	Utilities	4	$795K	0.1%
23	Public administration	2	$300K	0.0%
24	Mining & extraction	2	$85K	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.