| # | Lender | HQ state | Approved | Loans | Avg loan | Share |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | NC | $53.3M | 41 | $1.3M | 10.5% |
| 2 | Eastern Bank | MA | $52.5M | 314 | $167K | 10.3% |
| 3 | Rockland Trust Company | MA | $40.9M | 140 | $292K | 8.1% |
| 4 | Beacon Bank and Trust | MA | $24.9M | 54 | $462K | 4.9% |
| 5 | TD Bank, National Association | DE | $23.4M | 187 | $125K | 4.6% |
| 6 | The Huntington National Bank | OH | $18.9M | 42 | $451K | 3.7% |
| 7 | Northwest Bank | PA | $16.0M | 11 | $1.5M | 3.1% |
| 8 | Newtek Bank, National Association | FL | $15.0M | 44 | $340K | 3.0% |
| 9 | Leader Bank, National Association | MA | $13.9M | 25 | $554K | 2.7% |
| 10 | Manufacturers and Traders Trust Company | NY | $13.4M | 123 | $109K | 2.6% |
| 11 | Salem Five Cents Savings Bank | MA | $13.3M | 71 | $187K | 2.6% |
| 12 | Citizens Bank, National Association | RI | $10.3M | 21 | $491K | 2.0% |
| 13 | United Midwest Savings Bank, National Association | OH | $10.2M | 19 | $538K | 2.0% |
| 14 | Readycap Lending, LLC not in CharterBench | NJ | $10.0M | 38 | $264K | 2.0% |
| 15 | Truliant Federal Credit Union | NC | $9.3M | 6 | $1.6M | 1.8% |
| 16 | Webster Bank, National Association | CT | $8.3M | 23 | $363K | 1.6% |
| 17 | Bank of America, National Association | NC | $8.1M | 19 | $424K | 1.6% |
| 18 | Northern Bank & Trust Company | MA | $7.9M | 5 | $1.6M | 1.6% |
| 19 | Northeast Bank | ME | $7.7M | 59 | $131K | 1.5% |
| 20 | First National Bank of Pennsylvania | PA | $6.8M | 6 | $1.1M | 1.3% |
| 21 | Shoreham Bank | RI | $6.0M | 6 | $1.0M | 1.2% |
| 22 | Avidia Bank | MA | $5.4M | 19 | $283K | 1.1% |
| 23 | Lendistry SBLC, LLC not in CharterBench | CA | $5.2M | 19 | $274K | 1.0% |
| 24 | Everwise Credit Union | IN | $5.0M | 2 | $2.5M | 1.0% |
| 25 | Enterprise Bank & Trust | MO | $4.8M | 3 | $1.6M | 0.9% |
Pro shows every lender, plus each one’s seven-year SBA history, industries and pricing.
| Line | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 to date | Trend |
|---|---|---|---|---|---|---|---|---|
| Approved | $227.7M | $416.8M | $290.5M | $371.9M | $463.9M | $507.9M | $325.2M | |
| Loans | 993 | 951 | 998 | 1,268 | 1,722 | 1,718 | 956 | |
| Active lenders | 96 | 111 | 108 | 113 | 125 | 136 | 95 |
7 of the lenders shown are headquartered in Massachusetts. See who holds the deposits in Massachusetts, or screen the state’s banks and credit unions by ratio.