Since fiscal year 2021, at least 88 lenders made 968 SBA loans to Retail Stores businesses in Massachusetts. These are the most active, based on public SBA data.
Most active SBA lenders for Retail Stores in Massachusetts
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Eastern Bank Boston, MA | 184 | $153,625 | 16% | 7(a), Express |
| 2 | TD Bank, National Association Wilmington, DE | 113 | $136,198 | 34% | 7(a), Express |
| 3 | Rockland Trust Company Rockland, MA | 92 | $331,310 | 32% | 7(a), Express |
| 4 | Leader Bank, National Association Arlington, MA | 51 | $369,214 | 17% | 7(a), Express |
| 5 | Manufacturers and Traders Trust Company Buffalo, NY | 49 | $128,503 | 32% | 7(a), Express |
| 6 | Northeast Bank Lewiston, ME | 30 | $145,653 | 12% | 7(a) |
| 7 | Beacon Bank and Trust Brookline, MA | 29 | $545,815 | 28% | 7(a), Express |
| 8 | Salem Five Cents Savings Bank Salem, MA | 21 | $243,580 | 10% | 7(a), Express |
| 9 | Webster Bank National Association Waterbury, CT | 19 | $440,140 | 30% | 7(a), Express |
| 10 | Bank of America, National Association Charlotte, NC | 18 | $389,263 | 13% | 7(a), Express |
Related guide: How to Finance a Bodega or Mini Market
Other industries in Massachusetts
- Construction1,499 loans
- Professional Services998 loans
- Restaurants & Lodging941 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 Retail Stores 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 Retail Stores businesses get in Massachusetts?
968 SBA loans since fiscal year 2021, from at least 88 different lenders.
Which SBA loan fits a Retail Stores 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.