35 SBA loans worth $9.8M went to businesses in Westfield, MA between October 2021 and June 2026, from 15 lenders. TD Bank made the most, 9 loans. The median loan was $100,000, compared with $145,000 across Massachusetts, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 9 | $2.7M | $100,000 | 44% |
| 2 | KeyBank Bank · Cleveland, OH | 4 | $1.5M | $400,000 | 25% |
| 3 | Liberty Bank Bank · Middletown, CT | 3 | $900K | $324,000 | 0% |
| 4 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $405K | $45,000 | 0% |
| 5 | Common Capital Non-bank lender · Springfield, MA | 3 | $296K | $74,000 | 100% |
| 6 | Granite State Economic Development Certified development company · Portsmouth, NH | 2 | $1.3M | $641,000 | 50% |
| 7 | New Valley Bank & Trust Non-bank lender · Springfield, MA | 2 | $301K | $150,700 | 0% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $200K | $100,000 | 0% |
| 9 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $1.3M | $1,300,000 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 1 | $500K | $500,000 | 0% |
| 11 | Bay Colony Development Certified development company · Waltham, MA | 1 | $171K | $171,000 | 0% |
| 12 | Beacon Bank and Trust Bank · Boston, MA | 1 | $100K | $100,000 | 100% |
| 13 | Westfield Bank Bank · Westfield, MA | 1 | $60K | $60,000 | 0% |
| 14 | Florence Bank Bank · Florence, MA | 1 | $40K | $40,000 | 0% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $22K | $21,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 6 | $127,500 | TD Bank | |
| Construction | 4 | $135,500 | TD Bank | |
| Health care and social assistance | 3 | $25,000 | Liberty Bank | |
| Restaurants and hotels | 3 | $67,000 | New Valley Bank & Trust | |
| Retail | 3 | $100,000 | Northeast Bank | |
| Manufacturing | 3 | $500,000 | KeyBank | |
| Wholesale trade | 3 | $74,000 | BayFirst National Bank | |
| Administrative and support services | 2 | $12,500 | Manufacturers and Traders Trust |