SBA lender profile
Northern Bank and Trust Company
Northern Bank and Trust Company appears in the public SBA loan data with 68 funded 7(a) loans totaling $33.0M, an average of $485K per loan, and an estimated 1,181 jobs supported. Its SBA lending concentrates in Massachusetts and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 2.9%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
68
Total volume
$33.0M
Average loan size
$485K
Charge-off rate
2.9%
Share of funded loans charged off
Jobs supported (reported)
1,181
Programs
7(a)
Where Northern Bank and Trust Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 61 | $31.2M |
| Florida | 1 | $685K |
| New Hampshire | 1 | $315K |
| Vermont | 1 | $205K |
| North Carolina | 1 | $180K |
| Georgia | 1 | $147K |
What Northern Bank and Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 19 | $7.8M |
| Professional and Technical Services | 8 | $5.9M |
| Retail Trade | 5 | $5.3M |
| Other Services | 7 | $5.2M |
| Real Estate | 7 | $2.1M |
| Manufacturing | 4 | $1.9M |
Northern Bank and Trust Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 10 | $3.3M |
| 2021 | 12 | $3.4M |
| 2022 | 25 | $10.0M |
| 2023 | 4 | $2.1M |
| 2024 | 9 | $4.7M |
| 2025 | 5 | $7.9M |
| 2026 | 3 | $1.6M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Northern Bank and Trust Company's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.