# Buying a Business in Massachusetts: SBA Lending

Change-of-ownership SBA 7(a) approvals in Massachusetts, FY2020 through FY2025. Every figure is read from SBA 7(a) FOIA loan-level dataset (as of June 30, 2026).

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Also on this site: https://searchspheresource.com/data/acquisition-lending
Source: https://searchspheresource.com/data/acquisition-lending/massachusetts
Last checked: 2026-10-02

## The Numbers

- Loans since FY2020: 708, $588,420,500 approved in total
- FY2025 loans: 151, $146,067,400 approved
- Median loan: $430,500
- Share of national acquisition lending: 2%

## The Most Active Lenders in Massachusetts

Ranked by change-of-ownership loans written in the covered years. A bank high here is a bank that has already said yes to this kind of deal in this state.

1. Rockland Trust Company: 112 loans
2. Live Oak Banking Company: 87 loans
3. Eastern Bank: 51 loans
4. Salem Five Cents Savings Bank: 29 loans
5. Leader Bank, National Association: 27 loans

## What Gets Financed in Massachusetts

- Full-Service Restaurants: 55 loans
- Beer, Wine, and Liquor Retailers: 37 loans
- Limited-Service Restaurants: 33 loans
- General Automotive Repair: 25 loans
- Home Health Care Services: 18 loans

## Method and Source

- SBA 7(a) FOIA loan-level dataset (as of June 30, 2026): https://data.sba.gov/dataset/7a-504-foia
- Coverage: FY2020 through FY2025
- Segment: SBA 7(a) approvals with BusinessAge "Change of Ownership"

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