Best Boston, MA SBA Lenders & Rates of 2026

Compare 28 SBA lenders in Boston, MA. $27.3M funded across 80 businesses. Average rate 9.82%. Get matched free.

Table of Contents

Best Boston, MA SBA Lenders & Rates of 2026

$27.3M
Total Funded

80
Loans Approved

$341K
Avg Loan Size

9.82%
Avg Interest Rate

28
Active Lenders

SBA Loans in Boston, MA

Boston, MA businesses received $27.3M in SBA 7(a) loan approvals across 80 businesses in 2025. With 28 active SBA lenders competing for business in Boston, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Boston is $341K, with rates averaging 9.82%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Boston SBA Loans by Business Type

🚀 Startups
25%
$7.7M • 20 loans

🏢 Existing Businesses
70%
$13.5M • 56 loans

🔄 Acquisitions
5%
$6.1M • 4 loans

Top SBA Lenders in Boston, MA (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Boston businesses:

RankLenderVolumeLoansAvg Rate
1 The Huntington National Bank$5.1M69.54%
2 Eastern Bank$4.0M229.48%
3 Union Bank and Trust Company$2.3M19.50%
4 Byline Bank$2.0M110.25%
5 Manufacturers and Traders Trust Company$1.8M69.38%
6 East Cambridge Savings Bank$1.6M26.91%
7 Newtek Bank, National Association$1.5M610.92%
8 Citizens Bank, National Association$1.4M110.25%
9 Bank of America, National Association$906K39.01%
10 Enterprise Bank & Trust$655K19.25%
11 Community Bank & Trust-West Georgia$604K110.50%
12 Brookline Bank, a Division of Beacon Bank and Trust$550K39.92%
13 Leader Bank, National Association$550K29.50%
14 First-Citizens Bank & Trust Company$520K19.75%
15 JPMorgan Chase Bank, National Association$500K19.75%
16 Bank Five Nine$485K19.75%
17 Rockland Trust Company$450K28.88%
18 Lendistry SBLC, LLC$400K110.00%
19 Cadence Bank$350K110.25%
20 Northeast Bank$305K410.38%
21 BayFirst National Bank$300K212.25%
22 Salem Five Cents Savings Bank$250K110.50%
23 Readycap Lending, LLC$230K212.13%
24 Webster Bank National Association$195K210.13%
25 CenTrust Bank, A Division of SmartBiz Bank National Associat$150K111.50%
26 TD Bank, National Association$145K410.38%
27 Celtic Bank Corporation$135K110.25%
28 Newburyport Five Cents Savings Bank$25K17.50%

Top Industries in Boston

Here are the industries that received the most SBA funding in Boston:

SBA Loans in Massachusetts

Boston is part of Massachusetts‘s SBA lending market. For statewide data and more lender options, see our full Massachusetts SBA Lenders guide.

🤝 Why Use an SBA Broker in Boston?

GoSBA Loans helps Boston businesses access the best SBA lenders:

  • Access 28+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Boston
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Boston SBA Loan

Our team has helped hundreds of Boston businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Boston? GoSBA Loans is a trusted SBA loan broker serving businesses in Boston and across Massachusetts. Contact our Boston SBA specialists today for a free consultation.

Explore More SBA Markets

Picture of Ishan Jetley

Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
CONTACT US