SBA lending by district
SBA lending in MA-02
SBA 7(a) and 504 financing in Massachusetts's 2nd 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
- 3,928
- Total funded
- $1.1B
- Average loan
- $291K
- 7(a) charge-off
- 3.0%
Borrowers in Massachusetts's 2nd district took 3,928 SBA loans worth $1.1B since FY2010, averaging $291K. Of the 3,327 7(a) loans, 3.0% have charged off. See the rest of Massachusetts.
SBA funded volume by fiscal year
Top SBA lenders in MA-02
- 1. Granite State Economic Development Corporation $121.3M
- 2. Bay Colony Development Corporation $115.7M
- 3. Worcester Business Development Corporation $59.4M
- 4. New England Certified Development Corporation $59.3M
- 5. Live Oak Banking Company $58.6M
- 6. Rockland Trust Company $55.5M
- 7. Avidia Bank $45.5M
- 8. TD Bank, National Association $43.5M
- 9. Beacon Bank and Trust $41.7M
- 10. Manufacturers and Traders Trust Company $36.5M
Method. SBA 7(a) and 504 loans the SBA recorded in MA-02,
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.