58 SBA loans worth $26.4M went to businesses in Burlington, MA between October 2021 and June 2026, from 21 lenders. Eastern Bank made the most, 14 loans. The median loan was $250,000, compared with $145,000 across Massachusetts, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Eastern Bank Bank · Boston, MA | 14 | $4.2M | $85,600 | 43% |
| 2 | Rockland Trust Bank · Rockland, MA | 6 | $1.1M | $175,000 | 17% |
| 3 | Salem Five Cents Savings Bank Bank · Salem, MA | 4 | $2.2M | $575,000 | 100% |
| 4 | Northern Bank and Trust Bank · Woburn, MA | 3 | $1.8M | $750,000 | 100% |
| 5 | Huntington National Bank Bank · Columbus, OH | 3 | $1.3M | $350,000 | 67% |
| 6 | TD Bank Bank · Wilmington, DE | 3 | $412K | $100,000 | 0% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 2 | $5.8M | $2,897,500 | 50% |
| 8 | Bay State Savings Bank Bank · Worcester, MA | 2 | $2.5M | $1,250,000 | 100% |
| 9 | Bay Colony Development Certified development company · Waltham, MA | 2 | $1.4M | $698,500 | 0% |
| 10 | Citizens Bank Bank · Providence, RI | 2 | $800K | $400,000 | 0% |
| 11 | Leader Bank Bank · Arlington, MA | 2 | $612K | $305,750 | 50% |
| 12 | Needham Bank Bank · Needham, MA | 2 | $500K | $250,000 | 100% |
| 13 | Newtek Bank Bank · Miami, FL | 2 | $400K | $200,000 | 0% |
| 14 | Beacon Bank and Trust Bank · Boston, MA | 2 | $367K | $183,500 | 0% |
| 15 | Northeast Bank Bank · Portland, ME | 2 | $300K | $150,000 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 16 | $450,000 | Eastern Bank | |
| Arts, entertainment and recreation | 9 | $511,500 | Huntington National Bank | |
| Professional and technical services | 7 | $300,000 | Citizens Bank | |
| Restaurants and hotels | 5 | $150,000 | BayFirst National Bank | |
| Other services (repair, personal care) | 4 | $550,000 | Rockland Trust | |
| Wholesale trade | 4 | $50,000 | Eastern Bank | |
| Retail | 3 | $100,000 | Northeast Bank | |
| Finance and insurance | 3 | $295,000 | Eastern Bank |