Massachusetts · Manufacturing
SBA loans for manufacturing in Massachusetts
683 loans worth $228.0M approved since FY2010 for manufacturing projects located in Massachusetts.
Loans
683
Approved
$228.0M
Median loan
$106,000
-47% vs sector nationally
Median rate
6.25%
Jobs supported
8,659
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 manufacturing in Massachusetts
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Granite State Economic Development Corporation | 38 | $39.7M | |
| Bay Colony Development Corporation | 33 | $20.2M | |
| New England Certified Development Corporation | 19 | $19.8M | |
| Eastern Bank | 145 | $16.2M | |
| Santander Bank | 11 | $11.5M | |
| Leader Bank | 14 | $10.5M | |
| Rockland Trust Company | 42 | $9.9M | |
| Manufacturers and Traders Trust Company | 26 | $5.9M |
Detail
Which industries inside the sector
All SBA lending in Massachusetts
33,838 loans across every sector.
Manufacturing nationally
21,271 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to manufacturing businesses in Massachusetts?
- 683 SBA loans totalling $228,028,600 have been approved for manufacturing projects in Massachusetts since FY2010.
- Which lenders finance manufacturing in Massachusetts?
- The most active by dollars approved are Granite State Economic Development Corporation, Bay Colony Development Corporation, New England Certified Development Corporation, Eastern Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for manufacturing in Massachusetts?
- The median approval is $106,000, 47% below the national median for this sector ($200,000).
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