Buying a Business in Massachusetts
What SBA acquisition lending actually looks like in Massachusetts, from loan-level government data.
FY2025 Acquisition Loans
151
$146.1M approved
Median Loan
$430,500
FY2020 through FY2025
Loans Since FY2020
708
$588.4M in total approvals
Share of U.S. Activity
2%
Of change-of-ownership loans
Most Active Acquisition Lenders in Massachusetts
- 1. Rockland Trust Company112 loans
- 2. Live Oak Banking Company87 loans
- 3. Eastern Bank48 loans
- 4. Salem Five Cents Savings Bank29 loans
- 5. Leader Bank, National Association27 loans
A lender being active in Massachusetts does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.
What Gets Bought in Massachusetts
- Full-Service Restaurants55 loans
- Limited-Service Restaurants33 loans
- General Automotive Repair25 loans
- Home Health Care Services18 loans
- Beauty Salons17 loans
Industry-specific pricing and diligence live in the Industry Buy Guides.
Method & Source
Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Massachusetts project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.
Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.