MASSACHUSETTS BUSINESS
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by MASSACHUSETTS BUSINESS · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 334412 | Bare Printed Circuit Board Manufacturing | 4 | $3.2M | $800K | 2.1% |
| 713940 | Fitness and Recreational Sports Centers | 4 | $2.0M | $513K | 2.1% |
| 512110 | Motion Picture and Video Production | 3 | $2.2M | $738K | 1.6% |
| 336412 | Aircraft Engine and Engine Parts Manufacturing | 3 | $2.5M | $837K | 1.6% |
| 541519 | Other Computer Related Services | 2 | $2.1M | $1.1M | 1.0% |
| 238340 | Tile and Terrazzo Contractors | 2 | $3.5M | $1.8M | 1.0% |
| 332813 | Electroplating, Plating, Polishing, Anodizing, and Coloring | 2 | $1.0M | $500K | 1.0% |
| 334516 | Analytical Laboratory Instrument Manufacturing | 2 | $1.5M | $750K | 1.0% |
| 334220 | Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing | 2 | $750K | $375K | 1.0% |
| 332618 | Other Fabricated Wire Product Manufacturing | 2 | $1.6M | $825K | 1.0% |
Geographic Distribution
SBA lending activity for MASSACHUSETTS BUSINESS by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 177 | $101.7M | 91.7% |
| Connecticut (CT) | 7 | $6.7M | 3.6% |
| New Hampshire (NH) | 5 | $5.5M | 2.6% |
| Maine (ME) | 2 | $3.0M | 1.0% |
| Vermont (VT) | 1 | $1.7M | 0.5% |
| Mississippi (MS) | 1 | $1.0M | 0.5% |
Why Choose MASSACHUSETTS BUSINESS?
Based on SBA 7(a) lending track record from 1991-2017
- ✓Proven Track Record: 193 SBA loans approved, totaling $119.6M in financing
- ✓Industry Expertise: Specialized focus on Bare Printed Circuit Board Manufacturing, Fitness and Recreational Sports Centers, Motion Picture and Video Production
- ✓Competitive Terms: Average interest rate of 5.71% with flexible term lengths averaging 99 months
- ✓Loan Range: Loan sizes from $25K to $2.4M, with an average of $619K
- ✓Nationwide Reach: Active lending in 6 states, with strong presence in MA, CT, NH
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about MASSACHUSETTS BUSINESS SBA lending
What types of businesses does MASSACHUSETTS BUSINESS typically finance?
MASSACHUSETTS BUSINESS specializes in SBA 7(a) lending to specific industries including bare printed circuit board manufacturing, fitness and recreational sports centers, motion picture and video production, aircraft engine and engine parts manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are MASSACHUSETTS BUSINESS's typical SBA loan terms?
MASSACHUSETTS BUSINESS's SBA 7(a) loans typically feature an average interest rate of 5.71% and average term length of 99 months (approximately 8 years). Loan sizes range from $25K to $2.4M, with an average loan size of $619K.
Do I need a business valuation for a MASSACHUSETTS BUSINESS SBA loan?
Yes, MASSACHUSETTS BUSINESS typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does MASSACHUSETTS BUSINESS compare to other SBA lenders?
MASSACHUSETTS BUSINESS has originated 193 SBA loans totaling $119.6M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does MASSACHUSETTS BUSINESS lend in?
MASSACHUSETTS BUSINESS provides SBA 7(a) financing with particularly strong presence in MA, CT, NH, ME, MS. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.