SBA Loans for Manufacturing in Massachusetts
Since fiscal year 2021, at least 48 lenders made 470 SBA loans to Manufacturing businesses in Massachusetts. These are the most active, based on public SBA data.
Most active SBA lenders for Manufacturing in Massachusetts
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Eastern Bank Boston, MA | 62 | $153,625 | 16% | 7(a), Express |
| 2 | TD Bank, National Association Wilmington, DE | 41 | $136,198 | 34% | 7(a), Express |
| 3 | Rockland Trust Company Rockland, MA | 35 | $331,310 | 32% | 7(a), Express |
| 4 | Beacon Bank and Trust Brookline, MA | 32 | $545,815 | 28% | 7(a), Express |
| 5 | Manufacturers and Traders Trust Company Buffalo, NY | 21 | $128,503 | 32% | 7(a), Express |
| 6 | Webster Bank National Association Waterbury, CT | 20 | $440,140 | 30% | 7(a), Express |
| 7 | Newtek Bank, National Association Miami, FL | 17 | $474,064 | 22% | 7(a), Express |
| 8 | Northeast Bank Lewiston, ME | 15 | $145,653 | 12% | 7(a) |
| 9 | The Huntington National Bank Columbus, OH | 12 | $405,052 | 59% | 7(a), Express |
| 10 | St. Mary's CU Marlborough, MA | 11 | $78,146 | 38% | 7(a), Express |
Related guide: Buying Your Own Building with an SBA 504
Other industries in Massachusetts
- Construction1,499 loans
- Professional Services998 loans
- Retail Stores968 loans
- Restaurants & Lodging941 loans
- Personal Services & Repair867 loans
- Health Care779 loans
- Cleaning, Landscaping & Admin706 loans
- Trucking & Transportation377 loans
← All SBA lenders in Massachusetts
Frequently asked questions
Which lenders make the most SBA loans to Manufacturing businesses in Massachusetts?
Based on public SBA data, the most active were Eastern Bank, TD Bank, National Association, Rockland Trust Company.
How many SBA loans did Manufacturing businesses get in Massachusetts?
470 SBA loans since fiscal year 2021, from at least 48 different lenders.
Which SBA loan fits a Manufacturing business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.