65 SBA loans worth $30.0M went to businesses in Norwood, MA between October 2021 and June 2026, from 21 lenders. TD Bank made the most, 10 loans. The median loan was $164,000, 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 | TD Bank Bank · Wilmington, DE | 10 | $860K | $45,000 | 20% |
| 2 | Eastern Bank Bank · Boston, MA | 9 | $849K | $100,000 | 22% |
| 3 | Newtek Bank Bank · Miami, FL | 5 | $5.0M | $800,000 | 0% |
| 4 | Bay Colony Development Certified development company · Waltham, MA | 5 | $3.1M | $382,000 | 0% |
| 5 | Granite State Economic Development Certified development company · Portsmouth, NH | 4 | $2.8M | $493,500 | 0% |
| 6 | Citizens Bank Bank · Providence, RI | 4 | $1.1M | $275,000 | 25% |
| 7 | Webster Bank Bank · Stamford, CT | 3 | $1.2M | $180,000 | 33% |
| 8 | Northeast Bank Bank · Portland, ME | 3 | $861K | $350,000 | 0% |
| 9 | Needham Bank Bank · Needham, MA | 3 | $545K | $180,000 | 67% |
| 10 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $450K | $150,000 | 0% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 2 | $5.0M | $2,500,000 | 0% |
| 12 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $2.8M | $1,394,000 | 0% |
| 13 | Rockland Trust Bank · Rockland, MA | 2 | $1.4M | $675,000 | 100% |
| 14 | Bank of America Bank · Charlotte, NC | 2 | $572K | $286,000 | 0% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $154K | $76,750 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 13 | $350,000 | Eastern Bank | |
| Other services (repair, personal care) | 11 | $100,000 | Eastern Bank | |
| Construction | 10 | $140,000 | TD Bank | |
| Manufacturing | 6 | $386,000 | Bank of America | |
| Professional and technical services | 6 | $200,000 | Eastern Bank | |
| Arts, entertainment and recreation | 4 | $281,000 | Bay Colony Development | |
| Administrative and support services | 4 | $150,000 | BayFirst National Bank | |
| Transportation and warehousing | 4 | $275,000 | Citizens Bank |