SHANE PIERSON · SBA DATA
SBA Lending by State · Massachusetts

SBA Lending in Massachusetts

Massachusetts is a mid-sized SBA market concentrated in professional services, growing -32%.

56,206
Total SBA loans
$11.8B
Approved dollars
7.8
Loans per 1,000 businesses / yr
-32%
Growth, 2010s to 2020s
5.7%
Active-status distress
#9
Rank, national volume
#10
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for Massachusetts since 1991 sits in the public federal file. Massachusetts accounts for 56,206 of them, worth $11.8B, split 49,566 under 7(a) and 6,640 under 504. Roughly 9% of 7(a) approvals went to startups and new businesses.

Top industries funded in Massachusetts

  • Retail6,664 loans · $1.0B
  • Professional Services6,018 loans · $780M
  • Construction5,776 loans · $699M
  • Personal Services4,638 loans · $596M
  • Food & Lodging4,512 loans · $873M
  • Other4,097 loans · $650M

Program mix

49,566
7(a) loans
6,640
504 loans
9%
To startups & new businesses
91%
To existing businesses

SBA lending by city in Massachusetts

See Massachusetts on the interactive map

Drill Massachusetts to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore Massachusetts on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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