30 SBA loans worth $13.9M went to businesses in Needham Heights, MA between October 2021 and June 2026, from 15 lenders. Eastern Bank made the most, 5 loans. The median loan was $150,000, compared with $145,000 across Massachusetts, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Eastern Bank Bank · Boston, MA | 5 | $818K | $100,000 | 20% |
| 2 | Needham Bank Bank · Needham, MA | 5 | $135K | $25,000 | 20% |
| 3 | Beacon Bank and Trust Bank · Boston, MA | 3 | $3.1M | $250,000 | 0% |
| 4 | Citizens Bank Bank · Providence, RI | 3 | $850K | $237,000 | 0% |
| 5 | New England Certified Development Certified development company · Wakefield, MA | 2 | $3.2M | $1,604,500 | 0% |
| 6 | Bay Colony Development Certified development company · Waltham, MA | 2 | $987K | $493,500 | 0% |
| 7 | Webster Bank Bank · Stamford, CT | 2 | $89K | $44,350 | 0% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 1 | $1.7M | $1,660,000 | 0% |
| 9 | Merchants Bank of Indiana Bank · Carmel, IN | 1 | $1.2M | $1,215,000 | 100% |
| 10 | Northwest Bank Bank · Warren, PA | 1 | $1.1M | $1,146,000 | 0% |
| 11 | Manufacturers and Traders Trust Bank · Buffalo, NY | 1 | $250K | $250,000 | 0% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 13 | Bank of America Bank · Charlotte, NC | 1 | $150K | $150,000 | 0% |
| 14 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $104K | $103,500 | 0% |
| 15 | Middlesex Savings Bank Bank · Natick, MA | 1 | $30K | $30,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 6 | $30,000 | Eastern Bank | |
| Retail | 5 | $475,000 | Eastern Bank | |
| Professional and technical services | 4 | $30,000 | Webster Bank | |
| Other services (repair, personal care) | 3 | $237,000 | Citizens Bank | |
| Manufacturing | 3 | $250,000 | Beacon Bank and Trust | |
| Construction | 2 | $150,000 | BayFirst National Bank | |
| Finance and insurance | 2 | $881,750 | Live Oak Banking | |
| Restaurants and hotels | 2 | $2,081,000 | New England Certified Development |