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SBA lenders in Milford, MA

SBA 7(a) and 504 loans to businesses in Milford (Worcester County), October 2021 to June 30, 2026 · Updated October 15, 2026
39
SBA loans approved
$27.3M
Total approved
$230,000
Median loan
18
Lenders active
36%
To startups

39 SBA loans worth $27.3M went to businesses in Milford, MA between October 2021 and June 2026, from 18 lenders. New England Certified Development made the most, 5 loans. The median loan was $230,000, compared with $145,000 across Massachusetts, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Milford

#LenderLoansApprovedMedian loanTo startups
1New England Certified Development
Certified development company · Wakefield, MA
5$5.4M$340,00020%
2Needham Bank
Bank · Needham, MA
4$450K$100,000100%
3Rockland Trust
Bank · Rockland, MA
3$3.9M$960,0000%
4St. Mary's CU
Credit union · Marlborough, MA
3$672K$150,00067%
5TD Bank
Bank · Wilmington, DE
3$370K$100,0000%
6Eastern Bank
Bank · Boston, MA
3$180K$50,0000%
7UniBank for Savings
Bank · Whitinsville, MA
3$104K$25,2000%
8Avidia Bank
Bank · Hudson, MA
2$3.7M$1,850,000100%
9Granite State Economic Development
Certified development company · Portsmouth, NH
2$839K$419,500100%
10Newtek Bank
Bank · Miami, FL
2$525K$262,50050%
11Bay Colony Development
Certified development company · Waltham, MA
2$327K$163,5000%
12Shoreham Bank
Bank · Warwick, RI
1$5.0M$5,000,0000%
13Beacon Bank and Trust
Bank · Boston, MA
1$3.1M$3,150,000100%
14T Bank
Bank · Dallas, TX
1$998K$998,0000%
15Dean Co-operative Bank
Bank · Franklin, MA
1$720K$720,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Milford. For 504 loans the lender shown is the certified development company.

What gets financed in Milford

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels8
21%
$610,000New England Certified Development
Retail8
21%
$383,000Granite State Economic Development
Construction5
13%
$150,000St. Mary's CU
Professional and technical services5
13%
$100,000Eastern Bank
Administrative and support services4
10%
$240,000Rockland Trust
Health care and social assistance3
8%
$50,000Needham Bank
Arts, entertainment and recreation2
5%
$1,579,750UniBank for Savings
Manufacturing2
5%
$539,000New England Certified Development
Loan size mix
  • Under $150,00036%
  • $150,000 to $500,00033%
  • $500,000 to $2 million18%
  • $2 million and up13%
Compared with Massachusetts
Median loan, Milford
$230,000
Median loan, Massachusetts
$145,000
Startup share, Milford
36%
Startup share, Massachusetts
27%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Milford

071320FY14: 9 loansFY14FY15: 5 loansFY15FY16: 11 loansFY16FY17: 7 loansFY17FY18: 7 loansFY18FY19: 9 loansFY19FY20: 2 loansFY20FY21: 4 loansFY21FY22: 3 loansFY22FY23: 10 loansFY23FY24: 13 loansFY2413FY25: 9 loansFY25FY26 (Oct to Jun): 4 loansFY264
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.