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Massachusetts SBA Loan Data

63,736 loans totaling $13.0B across all SBA programs.

Total Loans
63,736
1992–2025
Total Volume
$13.0B
Gross approval amount
Avg Loan Size
$203K
Median: $75K
Avg Interest Rate
7.17%
Default rate: 8.9%

SBA Lending by County

Click any county to explore its loan data. Showing: Total Volume

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Counties in Massachusetts

Middlesex14,088$2.8B$202K
Essex8,257$1.6B$191K
Worcester6,610$1.6B$236K
Norfolk7,112$1.5B$212K
Plymouth5,674$1.2B$206K
Suffolk6,245$1.2B$185K
Bristol4,868$1.0B$209K
Barnstable3,478$742.1M$213K
Hampden3,067$591.2M$193K
Berkshire1,947$347.3M$178K
Hampshire1,242$197.7M$159K
Franklin655$106.5M$163K
Nantucket179$60.1M$336K
Dukes229$59.3M$259K
Unassigned36$7.4M$207K

Massachusetts Loan Status

Massachusetts Loan Status showing Active: 14.4%, Paid in Full: 63.3%, Charged Off: 7.6%, Cancelled: 13.7%, Committed: 1%
Active14.4%
Paid in Full63.3%
Charged Off7.6%
Cancelled13.7%
Committed1%

Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.

Massachusetts Annual Lending Volume

Massachusetts Annual Lending Volume from 1992 to 2025

Number of Loans per Year

Number of Loans per Year from 1992 to 2025

Top Industries

Top Industries with 12 categories

Loan Size Distribution

Loan Size Distribution with 7 categories

Top Lenders in Massachusetts

Eastern Bank9,898$1.2B$118K7.51%6.8%
Rockland Trust Company3,624$877.6M$242K6.24%4.9%
Citizens Bank, National Association9,229$665.6M$72K6.60%14.2%
TD Bank, National Association3,512$522.2M$149K9.13%9.2%
Manufacturers and Traders Trust Company2,457$484.5M$197K8.44%7.7%
Bank of America, National Association5,038$433.5M$86K8.07%13.9%
Live Oak Banking Company330$418.1M$1.3M6.90%1.8%
Brookline Bank, a Division of Beacon Bank and Trust2,024$397.8M$197K6.08%5.6%
Santander Bank, National Association2,762$320.6M$116K8.21%9.2%
Salem Five Cents Savings Bank1,016$305.1M$300K6.58%6.0%
Webster Bank National Association711$251.1M$353K7.25%4.4%
Northeast Bank640$242.6M$379K9.42%13.6%
Readycap Lending, LLC556$223.3M$402K11.74%15.6%
Middlesex Savings Bank625$180.5M$289K6.07%6.2%
Wells Fargo Bank National Association368$164.4M$447K6.41%13.7%
Avidia Bank262$149.6M$571K6.83%5.1%
Leader Bank, National Association721$146.3M$203K6.27%1.1%
Cambridge Savings Bank545$126.0M$231K6.25%4.8%
Bristol County Savings Bank444$121.1M$273K6.85%3.5%
Needham Bank374$118.3M$316K6.95%0.3%
Newtek Small Business Finance, Inc.195$105.8M$542K7.19%6.3%
North Shore Bank, a Co-operative Bank363$98.1M$270K5.86%4.0%
The Cape Cod Five Cents Savings Bank453$97.7M$216K6.21%4.9%
MASSACHUSETTS BUSINESS164$93.7M$571K5.80%9.9%
Newtek Bank, National Association179$91.1M$509K11.45%0.0%

Get the Data

Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.

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