49 SBA loans worth $15.4M went to businesses in Franklin, MA between October 2021 and June 2026, from 20 lenders. Dean Co-operative Bank made the most, 9 loans. The median loan was $75,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Dean Co-operative Bank Bank · Franklin, MA | 9 | $483K | $56,600 | 11% |
| 2 | St. Mary's CU Credit union · Marlborough, MA | 7 | $381K | $50,000 | 14% |
| 3 | Rockland Trust Bank · Rockland, MA | 5 | $1.2M | $70,000 | 20% |
| 4 | Bay Colony Development Certified development company · Waltham, MA | 4 | $5.8M | $886,000 | 0% |
| 5 | Granite State Economic Development Certified development company · Portsmouth, NH | 3 | $2.8M | $244,000 | 67% |
| 6 | TD Bank Bank · Wilmington, DE | 3 | $345K | $75,000 | 0% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 2 | $965K | $482,500 | 50% |
| 8 | New England Certified Development Certified development company · Wakefield, MA | 2 | $452K | $226,000 | 0% |
| 9 | Cambridge Savings Bank Bank · Cambridge, MA | 2 | $100K | $50,000 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $100K | $50,000 | 50% |
| 11 | HomeTrust Bank Bank · Asheville, NC | 1 | $648K | $648,000 | 100% |
| 12 | Newtek Bank Bank · Miami, FL | 1 | $625K | $625,000 | 0% |
| 13 | Citizens Bank Bank · Providence, RI | 1 | $500K | $500,000 | 0% |
| 14 | FWBank Bank · Chicago, IL | 1 | $435K | $435,000 | 100% |
| 15 | Avidia Bank Bank · Hudson, MA | 1 | $160K | $160,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 15 | $50,000 | St. Mary's CU | |
| Health care and social assistance | 8 | $230,500 | Granite State Economic Development | |
| Manufacturing | 5 | $56,600 | Dean Co-operative Bank | |
| Restaurants and hotels | 5 | $63,000 | Dean Co-operative Bank | |
| Administrative and support services | 3 | $60,500 | St. Mary's CU | |
| Professional and technical services | 3 | $50,000 | St. Mary's CU | |
| Other services (repair, personal care) | 3 | $130,000 | Rockland Trust | |
| Arts, entertainment and recreation | 2 | $336,500 | Eastern Bank |