SBA lender profile
Westfield Bank
Westfield Bank appears in the public SBA loan data with 14 funded 7(a) loans totaling $5.3M, an average of $382K per loan, and an estimated 92 jobs supported. Its SBA lending concentrates in Massachusetts and the Transportation and Warehousing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
14
Total volume
$5.3M
Average loan size
$382K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
92
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.8B
- Headquarters
- Westfield, MA
- FDIC cert
- #90300
- Status
- Active
Where Westfield Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 9 | $4.6M |
| Connecticut | 5 | $760K |
What Westfield Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Transportation and Warehousing | 3 | $3.0M |
| Retail Trade | 5 | $1.3M |
| Wholesale Trade | 2 | $500K |
| Other Services | 1 | $320K |
| Health Care and Social Assistance | 1 | $100K |
| Accommodation and Food Services | 1 | $60K |
Westfield Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $1.1M |
| 2021 | 7 | $3.7M |
| 2022 | 2 | $338K |
| 2023 | 1 | $50K |
| 2024 | 1 | $60K |
| 2025 | 1 | $150K |
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 Westfield Bank'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.
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