Since fiscal year 2021, at least 123 lenders made 941 SBA loans to Restaurants & Lodging businesses in Massachusetts. These are the most active, based on public SBA data.
Most active SBA lenders for Restaurants & Lodging in Massachusetts
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Eastern Bank Boston, MA | 127 | $153,625 | 16% | 7(a), Express |
| 2 | TD Bank, National Association Wilmington, DE | 78 | $136,198 | 34% | 7(a), Express |
| 3 | Rockland Trust Company Rockland, MA | 69 | $331,310 | 32% | 7(a), Express |
| 4 | Manufacturers and Traders Trust Company Buffalo, NY | 61 | $128,503 | 32% | 7(a), Express |
| 5 | Newtek Bank, National Association Miami, FL | 43 | $474,064 | 22% | 7(a), Express |
| 6 | Webster Bank National Association Waterbury, CT | 39 | $440,140 | 30% | 7(a), Express |
| 7 | Cambridge Savings Bank Cambridge, MA | 30 | $397,551 | 32% | 7(a), Express |
| 8 | Beacon Bank and Trust Brookline, MA | 26 | $545,815 | 28% | 7(a), Express |
| 9 | The Huntington National Bank Columbus, OH | 25 | $405,052 | 59% | 7(a), Express |
| 10 | Northeast Bank Lewiston, ME | 24 | $145,653 | 12% | 7(a) |
Related guide: SBA Loans for Restaurants
Other industries in Massachusetts
- Construction1,499 loans
- Professional Services998 loans
- Retail Stores968 loans
- Personal Services & Repair867 loans
- Health Care779 loans
- Cleaning, Landscaping & Admin706 loans
- Manufacturing470 loans
- Trucking & Transportation377 loans
← All SBA lenders in Massachusetts
Frequently asked questions
Which lenders make the most SBA loans to Restaurants & Lodging 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 Restaurants & Lodging businesses get in Massachusetts?
941 SBA loans since fiscal year 2021, from at least 123 different lenders.
Which SBA loan fits a Restaurants & Lodging 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.