51 SBA loans worth $16.8M went to businesses in Watertown, MA between October 2021 and June 2026, from 23 lenders. Eastern Bank made the most, 7 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 | Eastern Bank Bank · Boston, MA | 7 | $849K | $45,000 | 14% |
| 2 | Needham Bank Bank · Needham, MA | 6 | $499K | $31,500 | 0% |
| 3 | TD Bank Bank · Wilmington, DE | 4 | $675K | $75,000 | 25% |
| 4 | Rockland Trust Bank · Rockland, MA | 4 | $670K | $102,450 | 50% |
| 5 | Northern Bank and Trust Bank · Woburn, MA | 4 | $606K | $157,750 | 50% |
| 6 | Bay Colony Development Certified development company · Waltham, MA | 3 | $3.0M | $592,000 | 33% |
| 7 | Leader Bank Bank · Arlington, MA | 3 | $2.4M | $275,000 | 67% |
| 8 | Cambridge Savings Bank Bank · Cambridge, MA | 3 | $135K | $25,000 | 33% |
| 9 | Happen Bank Bank · Lehi, UT | 2 | $1.9M | $958,750 | 100% |
| 10 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $360K | $180,000 | 50% |
| 11 | Webster Bank Bank · Stamford, CT | 1 | $1.6M | $1,561,200 | 0% |
| 12 | FDIC - Community Bank & Trust-West Georgia Non-bank lender · Lagrange, GA | 1 | $996K | $996,000 | 0% |
| 13 | New England Certified Development Certified development company · Wakefield, MA | 1 | $576K | $576,000 | 0% |
| 14 | Banc of California Bank · Los Angeles, CA | 1 | $514K | $514,000 | 0% |
| 15 | Grasshopper Bank Bank · New York, NY | 1 | $375K | $375,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 12 | $130,000 | Needham Bank | |
| Other services (repair, personal care) | 7 | $45,000 | Needham Bank | |
| Restaurants and hotels | 7 | $400,000 | Huntington National Bank | |
| Professional and technical services | 6 | $162,500 | Rockland Trust | |
| Real estate and rental | 5 | $178,000 | Northern Bank and Trust | |
| Health care and social assistance | 3 | $592,000 | Salem Five Cents Savings Bank | |
| Manufacturing | 2 | $1,077,450 | Rockland Trust | |
| Administrative and support services | 2 | $184,450 | GBank |