65 SBA loans worth $30.2M went to businesses in Westborough, MA between October 2021 and June 2026, from 27 lenders. TD Bank made the most, 11 loans. The median loan was $133,500, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 11 | $508K | $28,000 | 27% |
| 2 | St. Mary's CU Credit union · Marlborough, MA | 7 | $1.3M | $50,000 | 0% |
| 3 | Avidia Bank Bank · Hudson, MA | 5 | $1.6M | $415,000 | 0% |
| 4 | Granite State Economic Development Certified development company · Portsmouth, NH | 4 | $8.6M | $2,700,000 | 25% |
| 5 | Live Oak Banking Bank · Wilmington, NC | 3 | $3.4M | $1,300,000 | 0% |
| 6 | Rockland Trust Bank · Rockland, MA | 3 | $272K | $126,000 | 33% |
| 7 | Bay Colony Development Certified development company · Waltham, MA | 2 | $3.6M | $1,777,000 | 0% |
| 8 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $1.3M | $649,000 | 50% |
| 9 | Cornerstone Bank Bank · Spencer, MA | 2 | $900K | $450,000 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 2 | $488K | $244,000 | 50% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $480K | $240,000 | 0% |
| 12 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $459K | $229,500 | 0% |
| 13 | Leader Bank Bank · Arlington, MA | 2 | $280K | $140,000 | 0% |
| 14 | Huntington National Bank Bank · Columbus, OH | 2 | $253K | $126,500 | 100% |
| 15 | Northeast Bank Bank · Portland, ME | 2 | $225K | $112,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 11 | $150,000 | St. Mary's CU | |
| Professional and technical services | 9 | $75,000 | Leader Bank | |
| Manufacturing | 7 | $200,000 | Live Oak Banking | |
| Health care and social assistance | 7 | $229,500 | TD Bank | |
| Restaurants and hotels | 7 | $50,000 | TD Bank | |
| Arts, entertainment and recreation | 6 | $113,000 | Rockland Trust | |
| Other services (repair, personal care) | 5 | $245,000 | Cornerstone Bank | |
| Retail | 4 | $1,144,000 | Manufacturers and Traders Trust |