SBA lending data · fiscal year 2025

34 lenders funded full-service restaurants in Massachusetts last year

112 SBA 7(a) loans approved under NAICS 722511. Median approval $120,350, median term 120 months, median initial rate 10%.

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What was actually approved

112
loans approved
34
distinct lenders
$58k
25th percentile
$306k
75th percentile

Half of all approvals in this industry and state fell between $57,500 and $305,625. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.

The most active lenders

Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.

  1. 1Rockland Trust Company18 loans · $4.6M
  2. 2Eastern Bank16 loans · $3.6M
  3. 3Northeast Bank8 loans · $1.1M
  4. 4The Cape Cod Five Cents Savings Bank6 loans · $0.6M
  5. 5Manufacturers and Traders Trust Company6 loans · $0.7M
  6. 6TD Bank, National Association5 loans · $0.2M
  7. 7Santander Bank, National Association5 loans · $0.4M
  8. 8Newtek Bank, National Association4 loans · $2.2M
  9. 9Lendistry SBLC, LLC4 loans · $1.3M
  10. 10Northwest Bank4 loans · $3.4M
  11. 11Webster Bank National Association4 loans · $0.4M
  12. 12Avidia Bank4 loans · $1.1M

This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.

Is this industry getting easier or harder to finance?

Fiscal yearLoansLendersMedian approval
FY20236536$231,000
FY202410528$150,000
FY202511234$120,350

Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.

Where this comes from

The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.

This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other industries in Massachusetts

Full-Service Restaurants in other states

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