55 SBA loans worth $18.7M went to businesses in Shrewsbury, MA between October 2021 and June 2026, from 25 lenders. TD Bank made the most, 10 loans. The median loan was $100,600, compared with $145,000 across Massachusetts, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 10 | $905K | $42,500 | 0% |
| 2 | St. Mary's CU Credit union · Marlborough, MA | 5 | $256K | $45,000 | 20% |
| 3 | UniBank for Savings Bank · Whitinsville, MA | 5 | $111K | $20,000 | 20% |
| 4 | Beacon Bank and Trust Bank · Boston, MA | 3 | $2.9M | $75,000 | 0% |
| 5 | Webster Five Cents Savings Bank Bank · Webster, MA | 3 | $1.1M | $38,000 | 33% |
| 6 | Bank of America Bank · Charlotte, NC | 3 | $825K | $300,000 | 0% |
| 7 | Manufacturers and Traders Trust Bank · Buffalo, NY | 2 | $3.0M | $1,521,400 | 0% |
| 8 | Bay Colony Development Certified development company · Waltham, MA | 2 | $735K | $367,500 | 0% |
| 9 | Leader Bank Bank · Arlington, MA | 2 | $600K | $300,000 | 0% |
| 10 | Avidia Bank Bank · Hudson, MA | 2 | $595K | $297,500 | 100% |
| 11 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $300K | $150,000 | 100% |
| 12 | Huntington National Bank Bank · Columbus, OH | 2 | $253K | $126,650 | 100% |
| 13 | Northeast Bank Bank · Portland, ME | 2 | $151K | $75,300 | 0% |
| 14 | Live Oak Banking Bank · Wilmington, NC | 1 | $2.5M | $2,550,000 | 100% |
| 15 | SouthState Bank Bank · Winter Haven, FL | 1 | $953K | $953,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 9 | $199,000 | TD Bank | |
| Health care and social assistance | 7 | $100,000 | TD Bank | |
| Transportation and warehousing | 7 | $50,000 | St. Mary's CU | |
| Wholesale trade | 6 | $300,000 | Bank of America | |
| Retail | 5 | $187,000 | Worcester Business Development | |
| Professional and technical services | 5 | $50,000 | Webster Five Cents Savings Bank | |
| Administrative and support services | 4 | $312,500 | Manufacturers and Traders Trust | |
| Education | 4 | $175,000 | Live Oak Banking |