SBA 7(a) lenders in Worcester, MA

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

Lenders

141 institutions have SBA 7(a) loans on record in Worcester, together $769.3M across 3,238 loans. Rockland Trust Company is the largest, with 7% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Rockland Trust Company	144	$54.3M	7.1%	0.53%
2	Beacon Bank and Trust	270	$54.3M	7.1%	2.44%
3	Live Oak Banking Company	42	$52.8M	6.9%	0.00%
4	Avidia Bank	82	$46.5M	6.0%	2.54%
5	TD Bank, National Association	302	$42.5M	5.5%	5.24%
6	Manufacturers and Traders Trust Company	126	$42.4M	5.5%	0.37%
7	Santander Bank, National Association	136	$28.0M	3.6%	3.26%
8	Cornerstone Bank	197	$25.9M	3.4%	4.26%
9	UniBank for Savings	356	$25.6M	3.3%	1.02%
10	bankESB	106	$18.3M	2.4%	0.11%
11	Eastern Bank	138	$17.5M	2.3%	4.19%
12	Webster Five Cents Savings Bank	98	$16.8M	2.2%	1.38%
13	Celtic Bank Corporation	25	$16.8M	2.2%	0.64%
14	Lender 2057189	13	$12.8M	1.7%	0.00%
15	Fidelity Co-Operative Bank	50	$11.9M	1.6%	0.00%
16	St. Mary's CU	157	$11.8M	1.5%	0.53%
17	Newtek Bank, National Association	29	$11.4M	1.5%	0.00%
18	Citizens Bank, National Association	77	$11.2M	1.5%	1.16%
19	Needham Bank	44	$10.7M	1.4%	0.00%
20	Happen Bank	13	$10.4M	1.4%	52.93%
21	Wells Fargo Bank National Association	17	$9.8M	1.3%	0.00%
22	Northeast Bank	42	$9.6M	1.3%	9.94%
23	Ameris Bank	7	$8.3M	1.1%	0.00%
24	The Huntington National Bank	21	$7.9M	1.0%	0.00%
25	Valley National Bank	2	$7.8M	1.0%	0.00%
26	Leader Bank, National Association	29	$6.9M	0.9%	0.00%
27	First National Bank of Pennsylvania	7	$6.0M	0.8%	0.00%
28	KeyBank National Association	18	$5.5M	0.7%	0.00%
29	Bank Five Nine	4	$5.4M	0.7%	0.00%
30	Cambridge Savings Bank	10	$5.3M	0.7%	0.47%
31	Banc of California	5	$5.3M	0.7%	0.00%
32	Bay State Savings Bank	25	$5.3M	0.7%	13.02%
33	Shoreham Bank	2	$5.1M	0.7%	0.00%
34	Open Bank	1	$5.0M	0.6%	0.00%
35	Bank of America, National Association	22	$4.9M	0.6%	1.06%
36	United Midwest Savings Bank National Association	17	$4.9M	0.6%	2.64%
37	MutualOne Bank	12	$4.8M	0.6%	0.00%
38	Harvest Small Business Finance, LLC	4	$4.6M	0.6%	0.00%
39	SouthState Bank, National Association	6	$4.4M	0.6%	0.00%
40	BayFirst National Bank	31	$4.4M	0.6%	1.98%
41	Readycap Lending, LLC	14	$4.3M	0.6%	0.00%
42	North Brookfield Savings Bank	55	$4.3M	0.6%	0.00%
43	Workers FCU	69	$4.3M	0.6%	1.88%
44	Stearns Bank National Association	12	$3.8M	0.5%	0.00%
45	Homefield Credit Union	17	$3.7M	0.5%	0.00%
46	Byline Bank	4	$3.4M	0.4%	0.00%
47	Middlesex Savings Bank	23	$3.2M	0.4%	2.54%
48	Capital Bank, National Association	1	$3.2M	0.4%	0.00%
49	Citizens Bank	3	$3.1M	0.4%	0.00%
50	FWBank	2	$3.1M	0.4%	0.00%
51	The Bancorp Bank National Association	5	$3.0M	0.4%	0.00%
52	TowneBank	2	$3.0M	0.4%	0.00%
53	Firstrust Savings Bank	3	$2.9M	0.4%	0.00%
54	Customers Bank	2	$2.9M	0.4%	0.00%
55	Salem Five Cents Savings Bank	7	$2.8M	0.4%	0.00%
56	Bristol County Savings Bank	14	$2.7M	0.4%	0.00%
57	GFA FCU	30	$2.7M	0.3%	1.46%
58	Northern Bank and Trust Company	9	$2.6M	0.3%	0.00%
59	Charles River Bank	19	$2.4M	0.3%	0.00%
60	Main Street Bank	10	$2.4M	0.3%	0.00%
61	Clinton Savings Bank	2	$2.3M	0.3%	0.00%
62	First Merchants Bank	3	$2.2M	0.3%	0.00%
63	MVB Bank, Inc.	1	$2.1M	0.3%	0.00%
64	MountainOne Bank	2	$1.9M	0.2%	0.00%
65	Southbridge CU	13	$1.8M	0.2%	0.50%
66	East West Bank	1	$1.8M	0.2%	0.00%
67	Dean Co-operative Bank	17	$1.8M	0.2%	3.02%
68	Simmons Bank	5	$1.8M	0.2%	0.00%
69	VelocitySBA, LLC	11	$1.7M	0.2%	1.11%
70	Bank of Hope	2	$1.7M	0.2%	0.73%
71	Gulf Coast Bank and Trust Company	2	$1.6M	0.2%	0.00%
72	Lendistry SBLC, LLC	5	$1.6M	0.2%	0.00%
73	Colony Bank	2	$1.6M	0.2%	0.00%
74	All One Credit Union	14	$1.6M	0.2%	0.00%
75	CRF Small Business Loan Company, LLC	2	$1.5M	0.2%	0.00%
76	Rollstone Bank & Trust	12	$1.5M	0.2%	0.00%
77	Digital Federal Credit Union, A Division of First Technology Federal Credit Union	20	$1.4M	0.2%	0.00%
78	Independence Bank	12	$1.4M	0.2%	26.37%
79	Truliant FCU	2	$1.3M	0.2%	0.00%
80	Cathay Bank	1	$1.3M	0.2%	0.00%
81	GBank	1	$1.3M	0.2%	0.00%
82	PNC Bank, National Association	3	$1.2M	0.2%	0.00%
83	First Bank of the Lake	4	$1.2M	0.2%	0.00%
84	Country Bank for Savings	9	$1.2M	0.2%	0.00%
85	Enterprise Bank & Trust	1	$1.1M	0.1%	0.00%
86	T Bank, National Association	1	$998K	0.1%	0.00%
87	22nd State Bank, A Division of 22nd State Banking Company	2	$994K	0.1%	0.00%
88	First Internet Bank of Indiana	2	$910K	0.1%	0.00%
89	First Business Bank	1	$895K	0.1%	0.00%
90	Five Star Bank	3	$890K	0.1%	0.00%
91	First Bank	1	$850K	0.1%	0.00%
92	Mission Valley Bank	1	$845K	0.1%	0.00%
93	IncredibleBank	1	$830K	0.1%	0.00%
94	Webster First FCU	8	$820K	0.1%	0.00%
95	Milestone Bank	1	$762K	0.1%	0.00%
96	Monadnock Community Bank	5	$754K	0.1%	24.21%
97	HomeTrust Bank	1	$720K	0.1%	0.00%
98	JPMorgan Chase Bank, National Association	2	$715K	0.1%	0.00%
99	Savers Co-operative Bank	1	$662K	0.1%	0.00%
100	Falcon National Bank	1	$658K	0.1%	0.00%
101	Reading Co-Operative Bank	1	$550K	0.1%	0.00%
102	Bluestone Bank	1	$550K	0.1%	0.00%
103	United Community Bank	1	$530K	0.1%	0.00%
104	Fund-Ex Solutions Group, LLC	1	$467K	0.1%	0.00%
105	Florence Bank	3	$450K	0.1%	0.00%
106	The Lowell Five Cent Savings Bank	2	$430K	0.1%	0.00%
107	Navigant CU	4	$412K	0.1%	0.00%
108	North State Bank	1	$379K	0.0%	0.00%
109	Columbia Bank	1	$350K	0.0%	0.00%
110	Heritage Bank Inc	1	$350K	0.0%	0.00%
111	Magnifi Financial CU	2	$344K	0.0%	0.00%
112	South Eastern Economic Development Corporation	2	$338K	0.0%	0.00%
113	First-Citizens Bank & Trust Company	2	$325K	0.0%	0.00%
114	Seacoast National Bank	1	$320K	0.0%	0.00%
115	North Central Massachusetts Development Corporation	6	$302K	0.0%	0.00%
116	City National Bank of Florida	1	$300K	0.0%	0.00%
117	Ocean State CU	2	$275K	0.0%	0.00%
118	Hanscom FCU	3	$271K	0.0%	0.00%
119	CDC Small Business Finance Corp.	1	$260K	0.0%	0.00%
120	Business Development Company	1	$250K	0.0%	0.00%
121	Popular Bank	2	$249K	0.0%	36.39%
122	Capital One National Association	4	$210K	0.0%	35.86%
123	Fall River Five Cents Savings Bank d/b/a BankFive	4	$206K	0.0%	0.00%
124	Monson Savings Bank	2	$185K	0.0%	0.00%
125	BrightBridge Credit Union	2	$180K	0.0%	0.00%
126	Ascendus, Inc.	2	$165K	0.0%	57.07%
127	Federal Deposit Insurance Corporation	1	$150K	0.0%	0.00%
128	South Shore Bank	1	$150K	0.0%	0.00%
129	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
130	Mechanics Cooperative Bank	1	$150K	0.0%	0.00%
131	Stone Bank	1	$150K	0.0%	0.00%
132	Primary Bank	2	$150K	0.0%	0.00%
133	BankNewport	2	$120K	0.0%	0.00%
134	Align Credit Union	3	$113K	0.0%	14.48%
135	Optus Bank	1	$103K	0.0%	80.29%
136	Hanover Community Bank	1	$100K	0.0%	0.00%
137	Bangor Savings Bank	1	$70K	0.0%	0.00%
138	Buckeye State Bank	1	$62K	0.0%	0.00%
139	Central One FCU	1	$50K	0.0%	0.00%
140	U.S. Bank, National Association	1	$30K	0.0%	0.00%
141	Westerly Community CU	1	$25K	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	Construction	534	$95.1M	12.4%
2	Health care & social assistance	244	$73.5M	9.6%
3	Professional & technical services	326	$66.4M	8.6%
4	Wholesale trade	149	$66.1M	8.6%
5	Accommodation & food services	282	$59.7M	7.8%
6	Retail trade	248	$59.6M	7.7%
7	Arts, entertainment & recreation	104	$58.5M	7.6%
8	Other services	288	$52.5M	6.8%
9	Administrative & waste services	289	$47.5M	6.2%
10	Manufacturing	138	$37.6M	4.9%
11	Real estate & leasing	78	$29.8M	3.9%
12	Manufacturing	64	$24.6M	3.2%
13	Transportation & warehousing	148	$21.7M	2.8%
14	Retail trade	114	$18.8M	2.4%
15	Educational services	54	$12.9M	1.7%
16	Manufacturing	58	$12.4M	1.6%
17	Information	31	$11.8M	1.5%
18	Finance & insurance	51	$11.8M	1.5%
19	Transportation & warehousing	16	$5.0M	0.7%
20	Agriculture, forestry & fishing	19	$3.6M	0.5%
21	Utilities	2	$205K	0.0%
22	Public administration	1	$65K	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.