Massachusetts · Construction
SBA loans for construction in Massachusetts
4,855 loans worth $873.2M approved since FY2010 for construction projects located in Massachusetts.
Loans
4,855
Approved
$873.2M
Median loan
$70,000
-30% vs sector nationally
Median rate
7.00%
Jobs supported
30,575
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to construction in Massachusetts
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Eastern Bank | 1,355 | $118.2M | |
| Bay Colony Development Corporation | 158 | $83.0M | |
| Granite State Economic Development Corporation | 124 | $58.2M | |
| TD Bank | 435 | $50.1M | |
| New England Certified Development Corporation | 77 | $45.8M | |
| Rockland Trust Company | 303 | $44.3M | |
| Beacon Bank and Trust | 222 | $29.8M | |
| Webster Bank | 71 | $23.5M |
Detail
Which industries inside the sector
All SBA lending in Massachusetts
33,838 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in Massachusetts?
- 4,855 SBA loans totalling $873,219,200 have been approved for construction projects in Massachusetts since FY2010.
- Which lenders finance construction in Massachusetts?
- The most active by dollars approved are Eastern Bank, Bay Colony Development Corporation, Granite State Economic Development Corporation, TD Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in Massachusetts?
- The median approval is $70,000, 30% below the national median for this sector ($100,000).
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