SBA lending by district
SBA lending in MA-08
SBA 7(a) and 504 financing in Massachusetts's 8th 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
- 3,370
- Total funded
- $874.7M
- Average loan
- $260K
- 7(a) charge-off
- 3.6%
Borrowers in Massachusetts's 8th district took 3,370 SBA loans worth $874.7M since FY2010, averaging $260K. Of the 2,933 7(a) loans, 3.6% have charged off. See the rest of Massachusetts.
SBA funded volume by fiscal year
Top SBA lenders in MA-08
- 1. Granite State Economic Development Corporation $102.4M
- 2. Eastern Bank $97.3M
- 3. New England Certified Development Corporation $72.5M
- 4. Bay Colony Development Corporation $66.1M
- 5. Rockland Trust Company $49.9M
- 6. Live Oak Banking Company $42.2M
- 7. Citizens Bank, National Association $34.5M
- 8. South Eastern Economic Development Corporation $33.5M
- 9. South Shore Bank $17.9M
- 10. TruNorth Bank $16.2M
Method. SBA 7(a) and 504 loans the SBA recorded in MA-08,
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.