38 SBA loans worth $13.1M went to businesses in Northborough, MA between October 2021 and June 2026, from 19 lenders. BayFirst National Bank made the most, 4 loans. The median loan was $150,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $550K | $150,000 | 0% |
| 2 | Northeast Bank Bank · Portland, ME | 4 | $515K | $150,000 | 25% |
| 3 | TD Bank Bank · Wilmington, DE | 4 | $152K | $25,000 | 75% |
| 4 | Worcester Business Development Certified development company · Worcester, MA | 3 | $1.8M | $486,000 | 0% |
| 5 | Rockland Trust Bank · Rockland, MA | 3 | $580K | $155,000 | 0% |
| 6 | St. Mary's CU Credit union · Marlborough, MA | 3 | $199K | $50,000 | 33% |
| 7 | Bay Colony Development Certified development company · Waltham, MA | 2 | $751K | $375,500 | 0% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $475K | $237,500 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 2 | $250K | $125,000 | 0% |
| 10 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $80K | $40,000 | 0% |
| 11 | Cambridge Savings Bank Bank · Cambridge, MA | 1 | $1.8M | $1,750,000 | 100% |
| 12 | Leader Bank Bank · Arlington, MA | 1 | $1.5M | $1,460,000 | 0% |
| 13 | Avidia Bank Bank · Hudson, MA | 1 | $1.3M | $1,255,000 | 0% |
| 14 | New England Certified Development Certified development company · Wakefield, MA | 1 | $1.1M | $1,117,000 | 0% |
| 15 | Cornerstone Bank Bank · Spencer, MA | 1 | $1.0M | $1,000,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 10 | $267,500 | BayFirst National Bank | |
| Health care and social assistance | 8 | $125,000 | Rockland Trust | |
| Restaurants and hotels | 6 | $84,500 | TD Bank | |
| Other services (repair, personal care) | 4 | $285,000 | Avidia Bank | |
| Education | 3 | $67,000 | Citizens Bank | |
| Retail | 2 | $162,500 | Readycap Lending | |
| Arts, entertainment and recreation | 1 | $1,117,000 | New England Certified Development | |
| Manufacturing | 1 | $1,750,000 | Cambridge Savings Bank |