SBA lending by district
SBA lending in MA-01
SBA 7(a) and 504 financing in Massachusetts's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 3,017
- Total funded
- $747.2M
- Average loan
- $248K
- 7(a) charge-off
- 3.5%
Borrowers in Massachusetts's 1st district took 3,017 SBA loans worth $747.2M since FY2010, averaging $248K. Of the 2,594 7(a) loans, 3.5% have charged off. See the rest of Massachusetts.
SBA funded volume by fiscal year
Top SBA lenders in MA-01
- 1. Granite State Economic Development Corporation $138.1M
- 2. Bay Colony Development Corporation $61.9M
- 3. Beacon Bank and Trust $61.0M
- 4. New England Certified Development Corporation $52.3M
- 5. Live Oak Banking Company $32.7M
- 6. TD Bank, National Association $29.7M
- 7. Manufacturers and Traders Trust Company $18.2M
- 8. Newtek Small Business Finance, Inc. $16.5M
- 9. Citizens Bank, National Association $15.9M
- 10. Westfield Bank $14.8M
Method. SBA 7(a) and 504 loans the SBA recorded in MA-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.