SBA 7(a) lenders in Suffolk, MA

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

Lenders

130 institutions have SBA 7(a) loans on record in Suffolk, together $644.9M across 3,062 loans. Eastern Bank is the largest, with 17% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Eastern Bank	1,131	$110.0M	17.1%	3.96%
2	Citizens Bank, National Association	253	$43.9M	6.8%	1.24%
3	Rockland Trust Company	121	$32.1M	5.0%	0.00%
4	Live Oak Banking Company	25	$31.0M	4.8%	1.56%
5	Beacon Bank and Trust	118	$29.2M	4.5%	0.20%
6	TD Bank, National Association	173	$28.5M	4.4%	2.90%
7	Santander Bank, National Association	207	$27.0M	4.2%	2.35%
8	Leader Bank, National Association	100	$25.0M	3.9%	0.11%
9	Salem Five Cents Savings Bank	37	$22.8M	3.5%	0.00%
10	Cambridge Savings Bank	55	$18.1M	2.8%	0.00%
11	Webster Bank National Association	71	$18.1M	2.8%	3.22%
12	Manufacturers and Traders Trust Company	94	$17.5M	2.7%	1.63%
13	Newtek Bank, National Association	28	$12.8M	2.0%	0.00%
14	Middlesex Savings Bank	25	$11.4M	1.8%	2.37%
15	Northeast Bank	46	$11.2M	1.7%	3.58%
16	Happen Bank	35	$11.1M	1.7%	0.00%
17	The Huntington National Bank	19	$10.7M	1.7%	0.00%
18	Wells Fargo Bank National Association	13	$9.4M	1.5%	0.07%
19	Customers Bank	6	$8.0M	1.2%	6.20%
20	Bank of America, National Association	35	$7.6M	1.2%	0.16%
21	Northwest Bank	2	$7.1M	1.1%	0.00%
22	Newtek Small Business Finance, Inc.	9	$6.5M	1.0%	4.17%
23	Needham Bank	29	$6.2M	1.0%	0.00%
24	Avidia Bank	13	$6.1M	0.9%	0.00%
25	BayFirst National Bank	28	$5.4M	0.8%	6.21%
26	Capital One National Association	9	$5.3M	0.8%	0.00%
27	First-Citizens Bank & Trust Company	25	$4.7M	0.7%	0.00%
28	Readycap Lending, LLC	18	$4.7M	0.7%	2.51%
29	Northern Bank and Trust Company	6	$4.3M	0.7%	0.00%
30	Bank of New England	1	$4.3M	0.7%	0.00%
31	Grasshopper Bank National Association	2	$4.0M	0.6%	0.00%
32	River Works CU	1	$3.7M	0.6%	0.00%
33	MutualOne Bank	20	$3.7M	0.6%	2.69%
34	Webster Five Cents Savings Bank	10	$3.7M	0.6%	0.00%
35	Meridian Bank	2	$3.6M	0.6%	0.00%
36	Celtic Bank Corporation	19	$3.6M	0.6%	4.00%
37	TruNorth Bank	15	$3.5M	0.5%	0.85%
38	PNC Bank, National Association	5	$3.2M	0.5%	44.28%
39	Byline Bank	2	$3.0M	0.5%	0.00%
40	Enterprise Bank & Trust	2	$2.9M	0.4%	0.00%
41	T Bank, National Association	2	$2.9M	0.4%	0.00%
42	Centerstone SBA Lending, Inc.	1	$2.8M	0.4%	0.00%
43	East Cambridge Savings Bank	7	$2.5M	0.4%	0.00%
44	SouthState Bank, National Association	2	$2.4M	0.4%	0.00%
45	Union Bank and Trust Company	1	$2.3M	0.4%	0.00%
46	FDIC - Community Bank & Trust-West Georgia	2	$2.2M	0.3%	0.00%
47	The Cooperative Bank	8	$2.1M	0.3%	0.00%
48	JPMorgan Chase Bank, National Association	7	$1.9M	0.3%	0.00%
49	Fifth Third Bank	4	$1.9M	0.3%	47.13%
50	St. Mary's CU	5	$1.8M	0.3%	0.00%
51	The Bancorp Bank National Association	3	$1.8M	0.3%	0.00%
52	NorthEast Community Bank	3	$1.6M	0.2%	0.00%
53	South Shore Bank	8	$1.6M	0.2%	0.00%
54	Hometown Bank	1	$1.5M	0.2%	0.00%
55	Popular Bank	4	$1.5M	0.2%	0.00%
56	MountainOne Bank	5	$1.4M	0.2%	0.00%
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	United Midwest Savings Bank National Association	7	$1.3M	0.2%	10.79%
61	Coastal Heritage Bank	3	$1.3M	0.2%	23.24%
62	Firstrust Savings Bank	2	$1.2M	0.2%	0.00%
63	Five Star Bank	5	$1.1M	0.2%	27.69%
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	0.2%	0.00%
71	Fall River Five Cents Savings Bank d/b/a BankFive	5	$975K	0.2%	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	First Internet Bank of Indiana	1	$729K	0.1%	0.00%
77	22nd State Bank, A Division of 22nd State Banking Company	2	$707K	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	Bankwell Bank	1	$350K	0.1%	0.00%
98	Primary Bank	1	$350K	0.1%	0.00%
99	Milestone 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	Vision One CU	2	$300K	0.0%	0.00%
103	National Cooperative Bank, National Association	1	$300K	0.0%	0.00%
104	Shoreham Bank	1	$255K	0.0%	0.00%
105	UniBank for Savings	1	$225K	0.0%	0.00%
106	Business Lenders, LLC	1	$220K	0.0%	0.00%
107	Hanscom FCU	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	Banc of California	1	$165K	0.0%	0.00%
113	Align Credit Union	3	$165K	0.0%	0.00%
114	Reading Co-Operative Bank	1	$150K	0.0%	0.00%
115	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
116	CDC Small Business Finance Corp.	1	$140K	0.0%	0.00%
117	South Eastern Economic Development Corporation	1	$140K	0.0%	0.00%
118	Ascendus, Inc.	1	$133K	0.0%	0.00%
119	Genesee Regional Bank	1	$125K	0.0%	0.00%
120	Ledyard National Bank	2	$110K	0.0%	0.00%
121	Accion Opportunity Fund Community Development	1	$106K	0.0%	0.00%
122	Webster First FCU	1	$100K	0.0%	0.00%
123	Dorchester Bay Economic Development Corporation	1	$95K	0.0%	0.00%
124	The Lowell Five Cent Savings Bank	1	$75K	0.0%	0.00%
125	OceanFirst Bank, National Association	1	$70K	0.0%	0.00%
126	Main Street Bank	1	$50K	0.0%	0.00%
127	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	1	$45K	0.0%	0.00%
128	Everett Co-operative Bank	2	$40K	0.0%	0.00%
129	The National Grand Bank of Marblehead	1	$37K	0.0%	0.00%
130	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	486	$121.0M	18.8%
2	Professional & technical services	529	$108.3M	16.8%
3	Retail trade	296	$63.8M	9.9%
4	Health care & social assistance	234	$57.2M	8.9%
5	Other services	306	$50.5M	7.8%
6	Manufacturing	78	$33.2M	5.1%
7	Construction	229	$29.8M	4.6%
8	Wholesale trade	120	$29.2M	4.5%
9	Arts, entertainment & recreation	89	$25.6M	4.0%
10	Administrative & waste services	163	$19.1M	3.0%
11	Transportation & warehousing	122	$18.8M	2.9%
12	Retail trade	104	$17.0M	2.6%
13	Finance & insurance	56	$13.4M	2.1%
14	Information	46	$13.3M	2.1%
15	Manufacturing	40	$12.2M	1.9%
16	Real estate & leasing	72	$11.7M	1.8%
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.