SHANE PIERSON · SBA DATA
SBA by City · Worcester, MA

SBA Lending in Worcester, Massachusetts

Businesses in Worcester, MA have drawn 1,164 SBA 7(a) loans worth $202M, and annual volume has fallen 32% versus the prior decade.

1,164
7(a) loans
$202M
Approved dollars
$173,123
Average loan size
#2
Rank in Massachusetts
-32%
Annualized vs prior decade
7.6%
Active-loan distress

Worcester is the #2 SBA 7(a) market in Massachusetts and #153 in the country. Since 1991 lenders have approved 1,164 loans here worth $202M, averaging $173,123 each. Annual approval volume has fallen 32% between FY2013-2019 and FY2020-2026. 7.6% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.